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XEMarkets Forex Guru Successfully Promotes Technical Analysis in Morocco Seminar
Eminent financial experts took part at the 37th ICA Conference and Exhibition in Morocco between 15-18 November 2012 to discuss optimal ways of achieving sustainable global economic and financial growth. This event marked a further milestone in the semina
This year’s Interarab Cambist Association (ICA) conference topic Innovation in Finance: Ensuring Sustainable Growth attracted several hundreds of prominent financial personalities from diverse corners of the globe, whose main goal was the evaluation of the past few years’ financial and economic turbulences as well as the large-scale discussion of urgently needed reforms in the global currency system to face upcoming challenges in wealth management.
Online foreign exchange trading providers like XEMarkets who keep a pulse on the global changes have long realized that the biggest challenge today is to achieve sustainable economic growth worldwide. As Avramis Despotis says, “The royal road to this are continuous innovation and quick adaptability - two powerful features that mark the future of every financial company.”
Having gained wide popularity with his unique presentation style in numerous online webinars and on-site forex workshops in many parts of the globe, XEMarkets forex expert Avramis Despotis made a significant contribution to the 2012 ICA Conference and Exhibition events. Within the framework of the principal underlying conference topic, debated by keynote speaker Tony Blair, former British Prime Minister, and worldwide acknowledged treasury experts who discussed the most ardent issues affecting the global financial-economic situation in general and the innovations needed in the financial markets in particular, Avramis Despotis delivered two presentations that can be considered genuine eye-openers.
“The ICA conferences have mainly laid emphasis on the importance of fundamental analysis so far”, said Mr. Despotis in an interview given on his return to Cyprus. “Fundamental analysis, however, is only one perspective to see in which direction Europe and the euro are heading at present. I am utterly glad to have had the opportunity to give my seminar attendees a close insight into an equally efficient method: technical analysis.” With this statement Mr. Despotis clearly suggests that versatility in thinking and acting is as decisive for the big global financial players as for private investors who shape market sentiment.
Mr Despotis’ seminar, entitled Bridging the Trading Gap: The Technical Analysis Approach and presented on 15th and 16th November, owes its success exactly to the fact that it highlights the significance of innovative thinking and the openness to applying versatile techniques during online trading and investment practices. As the forex guru himself puts it, “Technical analysis is the best method for investors to gain the big picture of a particular currency pair’s price movements. It is crucial to recognize historical price movements and price patterns in order to predict future trends. Used in combination with proper risk and money management techniques, technical analysis completes fundamental analysis efficiently – and this is what all those who trade the global financial markets should not only be aware of but also master.”