Intermarket Analysis by John Murphy

Intermarket Analysis by John Murphy

Forex Trading – Foreign Exchange Course

You want to learn about Forex?

Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.

Praise for INTERMARKET ANALYSIS

“John Murphy has done it again. He dissects the global relationships between equities, bonds, currencies, and commodities like no one else can, and lays out an irrefutable case for intermarket analysis in plain English. This book is a must–read for all serious traders.”
–Louis B. Mendelsohn, creator of VantagePoint Intermarket Analysis software

“John Murphy′s Intermarket Analysis should be on the desk of every trader and investor if they want to be positioned in the right markets at the right time.”
–Thom Hartle, President, Market Analytics, Inc. (www.thomhartle.com)

“This book is full of valuable information. As a daily practitioner of intermarket analysis, I thought I knew most aspects of this invaluable subject, but this book gave me several new ideas. I thoroughly recommend it for beginners and professionals.”
–Martin Pring, President of Pring.com and editor of the Intermarket Review Newsletter

“Mr. Murphy′s Intermarket Analysis is truly the most efficient and unambiguous way to define economic and fundamental relationships as they unfold in the market. It cuts through all of the conflicting economic news/views expressed each day to provide a clear picture of the ′here and now′ in the global marketplace.”
–Dennis Hynes, Managing Director, R. W. Pressprich

“Master Murphy is back with the quintessential look at intermarket analysis. The complex relationships among financial instruments have never been more important, and this book brings it all into focus. This is an essential read for all investors.”
–Andrew Bekoff, Technical Strategist, VDM NYSE Specialists

“John Murphy is a legend in technical analysis, and a master at explaining precisely how the major markets impact each other. This updated version provides even more lessons from the past, plus fresh insights on current market trends.”
–Price Headley, BigTrends.com, author of Big Trends in Trading

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