A Manager''''''''s Guide to Knowing What the Numbers Really Mean 4 pptx

... for another. The lack of a physical exchange enables the FOREX market to operate on a 24- hour basis, spanning from one time zone to another across the major financialcenters. This fact—that there ... TradeFundamental Analysis, Technical Analysis, A Trader’s Toolbox, The FOREX Marketplace, and Retail FX Platforms.Historically, there have been two major schools of thought inanalyzing markets ... strategies and tactics, and addresses the advantages and disadvantages of fundamental and technical analysis• Includes a new chapter on Forex trading platforms• Reduces often-confusing Forex calculations...

... of a currency relative to another currency. There arean enormous number of correlations between all these factors and they arealmost certainly nonlinear in nature. That means they are constantly ... United States, they may wish to buy some quantity of the USD and sell anequal quantity of the GBP to hedge their margins from a fall in the GBP. The speculator trades to make a profit by purchasing ... international financial markets.Bretton Woods came about in July 1 944 when 45 countries attended, at the behest of the United States, a conference to formulate a new internationalfinancial framework....

... charterrenewed but a separate quasi-private self-regulatory agency was created to implement the laws, rules, and regulations. Thus in 1982 was born the National Futures Association (NFA). The NFA is the CFTC’s ... balance. These percentages may vary from broker to broker. You may not even be able to execute a trade that exceeds cer-tain capital and risk parameters. Brokers today are able to closelywatch customer ... and 6.2. The conversion of pips to dollarsmay be considered the base FOREX calculation. Calculate that against your lotsize and you are halfway home already.Approximate USD values for a one-pip...

... reduces to: Units Available ϭ 100 ϫ Margin Available/Margin PercentCross rates can be handled in the same fashion by simply manipulating the conversion rate. Note: Always decrease the units available ... costs do not affect the above calculations.Calculating Units AvailableBefore initiating a new trade, it is always advantageous to know the maximumnumber of units that you can safely trade without ... 299central bank A government or quasi-governmental organization that manages a country’s monetary policy. For example, the U.S. central bank is the Federal Reserve,and the German central bank is the...