2009年7月8日星期三

Sentiment in the forex market dwonload

As public interest in the FX market has skyrocketed, so too has theamount of technical and fundamental research available to aspiringtraders. An area that has failed to receive the same amount of attentionis often considered part of the technical approach: sentiment. Afterthe news releases are digested by floor traders, the fundamentals digestedby economists, and the latest comments from the central banker are dissected,the market’s trend is still a product of underlying sentiment. Thatis the premise of this book. Much (if not most) of the information fed toretail traders is of little use when it comes to making money by trading.Trading is hardly as simple as buying or selling, because an economic indicatoris good or bad. Similarly, the game is not as black or white as buyingor selling, because price is above or below a moving average.
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