Inflation Fighting Investment? Try Currency ETF’s
Former President Ronald Reagan once defined inflation as “violent as a mugger, as frightening as a mugger, and as deadly as a hit man.”
Former President Ronald Reagan once defined inflation as “violent as a mugger, as frightening as a mugger, and as deadly as a hit man.”
In the course of their evolution, every trader (if they are honest with themselves) has experienced disabling fear. How it happened – and why it continues to happen – often remain a mystery to the trader.
“I left money on the table yesterday, and I’m not going to leave money on the table this time!” Harry silently declared, “I’ve missed out too many times – I’m going to ride this one and clean up.”
There is no doubt Elliott Wave is one of those techniques that traders either love or hate. For some it’s almost a status symbol to be able to count waves. Others find it just too hard.
Williams %R is based on a similar concept to RSI – measuring the latest close in relation to it’s price range over a given number of days. The same concept apply to this indicator, the divergence of the indicator with price in extreme areas being the most imortant.