Forex Blog

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Serious Take on the Market Behavior

May 13, 2007 (Last updated on August 29, 2018) by

Today, I have added a e-book that describes the influence of the Forex traders’ behavior, beliefs, and psychology on the Forex market itself. The results of the study which is performed in this book indicate that:

  • About 30% of Forex traders use mostly technical analysis.
  • The market reacts to macroeconomic news very fast.
  • Importance of individual macroeconomic parameters varies over the time.
  • Fundamental economic parameters generally have a long term influence on Forex market.

You can download this e-book from my site:

Macroeconomic Implications of the Beliefs and Behavior of Foreign Exchange Traders — by Yin-Wong Cheung and Menzie D. Chinn.

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