by Free eBooks on February 8, 2012
The Asian crisis of 1997-98 and its aftermath quickly shifted attention to and interest in concerns about currency crises and exchange rate movements in an era of rapid global capital flows. Given the high degree of economic openness in the region and its consequent importance of trade and investment, the Asian economies are especially susceptible to shifts in global capital flows and sharp exchange rate movements. While many Asian economies have taken a number of steps individually to fortify themselves against future external shocks, they have, as a group, simultaneously initiated a slow but steady process of enhancing monetary and financial cooperation. Since the region holds the largest reserves in the world and consequently plays a significant role in the global macroeconomic imbalances, Asian monetary and financial issues have clearly taken on global importance. The collection of chapters in this volume therefore attempts to explore various aspects of monetary, exchange rate and financial issues in Asia.
This book concentrates on exchange rates and their macroeconomic consequences, analytical and empirical issues relating to currency crises and policy responses and monetary and financial cooperation in Asia. It is truely pan-Asia-focused with chapters on China, Japan, Korea, India and Southeast Asia. This book will be important for people related to Economics and FInance to keep them up-to-date on Financial world. [click to continue…]
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Tagged as:
Exchange Rates,
Monetary economics,
Monetary Policy
by Free eBooks on February 8, 2012
Two High Probability Trading setups were discussed in this book. FYI, I have given some information about the second trading setup discussed. Scroll down to get the whole eBook completely. The second way to identify a reliable Forex entry signal using trendlines is to watch for a break of a trendline on a higher time frame such as the 60 minute, 4 hour, or daily chart. Some traders sent an entry order to go long or short once price has broken the trendline by a few pips.
There is however a safer way to trade a trendline break. It will be observed that often (not always, nothing is absolutely certain when trading the Forex) once price has broken a trendline and moved 15-30 pips, it will come back, retrace, and test the backside of that trendline. This is where again you use the combination of factors mentioned in the previous strategy. Look to see if the point at which price may come back to test the backside of the trendline coincides or combines with factors such as:
1) Pivot points
2) Previous swing highs or lows marking support and resistance
3) Fibonacci retracement or extension levels
4) 200 EMA
Now when you place an entry order to be taken in at that level you are doing so on the basis of a clearly
defined Forex entry signal. [click to continue…]
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Tagged as:
Fibonacci Retracement,
Moving Average,
Pivot Points,
Swing Trading