MAP. Moving Average Patterns CD – David Elliott

On May 26th, 1896 Charles Dow introduced the industrial average, the Dow Jones 30. Since then there has been a repeatable and predictable price behavior pattern around the four…

MAP. Moving Average Patterns CD by David Elliott,
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Predictable price behaviors occur around the four major moving averages.

On May 26th, 1896 Charles Dow introduced the industrial average, the Dow Jones 30. Since then there has been a repeatable and predictable price behavior pattern around the four major moving averages and this index. We do away with moving average crossovers, and switch to using a behavioral price pattern to find entry and exit prices, while investing in stock, futures, and indexes on all time periods.

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.