Advanced Investment Strategy for Trading Major Currency Pairs
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F13%3APU104197" target="_blank" >RIV/00216305:26510/13:PU104197 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Advanced Investment Strategy for Trading Major Currency Pairs
Original language description
In this paper there is a description of one of the possible approaches to investing in the currency market, which is based on the statistical analysis of price movements of major currency pairs. It is the currency pairs EUR/USD, GBP/USD and USD/JPY whichconsist of major currencies of the world powers. For the analysis includes no fundamental information such as the rate of unemployment, sales, GDP, ination, etc., and is thus a purely technical analysis, which is based on the actual price. The proposedinvestment strategy works with short-term investments, which have an average duration of several hours. The logic used strategy is based on the psychological reaction of investors to the previous trading session and their future expectations. To increasethe efectiveness of strategies fnancial leverage is used. This type of investment requires precise compliance with the rules for risk management. Due to diversication, the proposed strategy is put into more currency pairs and achieves st
Czech name
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Czech description
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Classification
Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2013
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Littera Scripta
ISSN
1802-503X
e-ISSN
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Volume of the periodical
6
Issue of the periodical within the volume
1
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
11
Pages from-to
18-29
UT code for WoS article
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EID of the result in the Scopus database
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