Forex Wave Theory .Pdf

Synopsis E-book: Forex Wave Theory

Trading in the foreign exchange currency markets recently has exceeded $2 trillion a day, and this figure is expected to double within the next five years. The reason for this astonishing surge in trading popularity is quite simple: no commissions, low transaction costs, easy access to online currency markets, no middlemen, no fixed-lot order sizes, high liquidity, low margin with high leverage, and limited regulations. These factors already have attracted the attention of both neophyte traders and veteran speculators in other financial markets. Traders who have not yet passed the currency rites of initiation are encouraged to read Getting Started in Currency Trading, by Michael Archer and James Bickford (Wiley, 2005).