A Manager''''''''s Guide to Knowing What the Numbers Really Mean 11 pdf

... 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 financial centers. This fact—that there ... fundamental analysis and technical analysis. I explore the advantages and disadvantages of both schools in the chapters in this section. I offer ideas on selecting from these...

... relative to another currency. There are an enormous number of correlations between all these factors and they are almost certainly nonlinear in nature. That means they are constantly changing and ... United States, they may wish to buy some quantity of the USD and sell an equal quantity of the GBP to hedge their margins from a fall in the GBP. The speculator trades to make...

... charter renewed 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 ... brokers add their transaction costs to this bid-ask spread. By knowing how many pips are in the spread you are able to calculate your costs for the trade, exc...

... reduces to: Units Available ϭ 100 ϫ Margin Available/Margin Percent Cross rates can be handled in the same fashion by simply manipulating the conversion rate. Note: Always decrease the units available ... broker always subtracts the transaction cost at the moment the trade is initiated; therefore, transaction costs do not affect the above calculations. Calculating Units Availa...