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Inter-Market Analysis by Greg Capra
Inter-Market Analysis by Greg Capra
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Description
Greg Capra – Inter-Market Analysis
Forex Trading – Foreign Exchange Course
Want to learn about Forex?
Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.
Salepage : Inter-Market Analysis by Greg Capra
About Author
Greg Capra
In the late 1980s, I immersed myself in learning what moved the markets – and why. Through what was mostly trial and error at the time, I realized that the widely accepted indicator-based mythology of technical analysis, which is still taught by the majority of education firms today, simply did not work.
Trying to determine the direction of prices from a derivative of the actual prices (indicators) makes no sense. Think about the fact that there are hundreds of technical analysis indicators to choose from. Then there is an endless combination of settings that could be used to adjust the indicator. This approach is too subjective and confusing.
I call my approach to invest and trading “Techno-Fundamentals.” It combines Market Internals, Inter-market Analysis, and Technical Analysis.
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