By Ed Ponsi
A useful consultant to buying and selling the foreign currencies industry
The Ed Ponsi foreign money Playbook bargains a visible method of studying particular buying and selling options and picking ecocnomic buying and selling possibilities within the currency area. web page by means of web page, it skillfully describes options for long term buying and selling, swing buying and selling, and day buying and selling in a transparent, easy-to-understand manner.
Written through the writer of the highly winning currency styles and chances, The Ed Ponsi foreign money Playbook takes the complete suggestion of currency schooling to a brand new point. the writer increases the bar with this bold paintings, providing clean new thoughts and ideas. Ponsi makes use of smart analogies and comparisons to make his motives crystal clear.
- With Ponsi as your ''coach'', the e-book employs activities analogies to teach you, his gamers, how one can victory at the foreign money enjoying field
- Strips away the secret, displaying precisely how winning foreign money investors make money
- Explains complicated monetary ideas in ways in which the typical individual can understand
- Provides not just important info, yet actionable info to the foreign money trader
The foreign currencies industry is the main actively traded industry on the planet, and Ed Ponsi is world-renowned as one of many optimum educators during this box. With The Ed Ponsi foreign money Playbook as your advisor, you are going to tips on how to reap the benefits of the numerous possibilities present in the foreign money enviornment.
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Extra resources for The Ed Ponsi Forex Playbook: Strategies and Trade Set-Ups
2 British pound is rising vs. S. dollar on the left side of the chart, and falling vs. the USD on the right. Source: Created with TradeStation. c TradeStation Technologies, Inc. All rights reserved. Calculations and Standardizations 25 rising vs. S. dollar. S. dollar (counter currency) is falling vs. the British pound. The right side of the chart illustrates a falling exchange rate for the GBP/USD pair. This means that the British pound (base currency) is falling vs. the USD. S. dollar (counter currency) is rising vs.
Note that the pip value in this case rises as the two currencies approach parity. 0000, and the value of one pip of USD/CHF in a standard account would be exactly $10. FIRST CURRENCY = 1 Here’s a little trick to help you understand what the exchange rate is really telling you. Whenever you look at a currency quote, think of the first member of the currency pair as the number 1. 4343. 43. Source: Created with TradeStation. c TradeStation Technologies, Inc. All rights reserved. S. 45. S. 05 Canadian dollars.
Some Forex brokers do provide currency delivery services for their customers who want to take physical possession of a currency, but such services are not free, so if you are interested in delivery, be sure to check with your broker beforehand. CHAPTER 3 Calculations and Standardizations “You are never really playing an opponent. ” —Arthur Ashe, Champion Tennis Player e was a great tennis player, but he was so much more than that. With his unwavering commitment to social justice, Arthur Ashe was much more than a tennis champion; he was and continues to be an inspiration to millions of people around the world.
The Ed Ponsi Forex Playbook: Strategies and Trade Set-Ups by Ed Ponsi