What is an x% filter rule?
What will be an ideal response?
An x% rule states that you should go long in the foreign currency (buy) after the foreign currency has appreciated relative to the domestic currency by x% above its most recent trough (or support level) and that you should go short in the foreign currency (sell) whenever the currency falls x% below its most recent peak (or resistance level). Common x% filter rules are 1% or 2%.
You might also like to view...
Which of the following best describes why project management is so important for IT projects?
A. Because IT projects frequently are canceled, late, or don't deliver the intended benefits. B. Because the technology acceptance model depends on strong project management. C. Because PERT charts are created by project management. D. Because project consulting is a large and growing industry.
Companies can identify competitors from a(n) ________ point of view by defining competitors as companies that are trying to satisfy the same customer need or build relationships with the same customer group
A) customer B) blue ocean C) market D) myopic E) industry
The primary reason for sourcing globally is to obtain _______________________.
Fill in the blank(s) with the appropriate word(s).
A new state law mandates that all employers must prohibit smoking on employer premises. The law further provides that any employer who allows an employee or a client/ customer to smoke on its premises is subject to a court order requiring the employer to enforce the law. Describe this statute in terms of all possible classification methods