David Elliott – Linear Regression 3030

Linear Regression 3030 by David Elliott

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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.

Find over-bought and over-sold zones in price activity. When we attach standard deviation bands to a Linear Regression Line we get over bought and oversold zones for any price time period, and remove the possibility of emotional decision making. We can use this visible mathematical function intra-day as well as daily and weekly.