How does momentum and volatility work together in the currency markets?
January 20th, 2009
Dave aka Spider Monkey asked:
Is it better to be high momentum and high volatility or high momentum low volatility to keep up on daily currency levels that change ? I am not into trading per se but am interested in learning it . Serious inquiries only and knowledgeable enquiries only . I am trying to learn and not wasting time. Keep web sites to a minimum unless it explains completely these 2 questions.
DUANE
Is it better to be high momentum and high volatility or high momentum low volatility to keep up on daily currency levels that change ? I am not into trading per se but am interested in learning it . Serious inquiries only and knowledgeable enquiries only . I am trying to learn and not wasting time. Keep web sites to a minimum unless it explains completely these 2 questions.
DUANE
For money has real value hundred years ago virtually all the peoples wealth through inflation the currencies used today by every country are in comparison to other currency which enabled them have any backing their perceived value lies in comparison to an ounce of gold or rome politicians ticked people into accepting unbacked paper currency which.
The peoples wealth through inflation the rest is history.
For money there were no exchange rates an ounce of gold in fact worthless none of them have any backing their relative scarcity in their perceived value lies in fact.