In this section we'll approach more complex technical instruments, the fundamental and sentiment analysis, and some correlations that have a strong influence over currency quotes.
In this chapter we'll study the Divergences. These are easy to identify graphical situations, that can be successfully used in your trading system, signaling new trends or confirming the continuation of the current one.
Pivot points are extremely useful tools to identify new trends, to confirm the continuation of current ones and as support/resistance levels, being preferred by many traders for their objectivity.
The Harmonic patterns are complex graphic formations. They help us to distinguish simple corrective moves from real reversals, confirming the continuation of the current trend.
These formations are used in correlation with Fibonacci Retracement and Extension levels.
In this chapter we'll study a series of fundamental factors that influence currency quotes and some important correlations.
In this chapter we'll study correlations between FOREX and the evolution of some important commodities and securities.
Knowing and considering these correlations, you'll have a stronger ground when entering a trade.
In this chapter we'll study the most greatest economies of the world, their monetary policies, their top-industries, their main commercial partners and the way in which all these aspects influence the evolution of their own national currencies.
USA - economy, monetary policy. USDX. The Dollar smile theory. Strategies for trading USD.
European Monetary Union - economy. EUR evolution indicators. Strategies for trading EUR.
Japan - economy and exports. JPY evolution indicators. Strategies for trading JPY.
China - economy. Chinese economy's indicators. Chinese economy vs. AUD.
United Kingdom - economy. GBP evolution indicators. Strategies for trading GBP.
Australia - economy. AUD evolution indicators.
Canada - economy. CAD evolution indicators. USD/CAD.
New Zealand - economy, monetary policy. NZD evolution Indicators.
Switzerland - economy, monetary policy. CHF evolution indicators.