Debt Equity Finance

It’s not easy to forecast the forex markets, but it’s what thousands of forex traders and brokers do every day, with varying degrees of success. Like forecasting the weather, predicting the forex market is sometimes a crapshoot, sometimes a guessing game, and always an adventure.

There are two basic philosophies on how to forecast the forex markets. One is technical analysis; the other is fundamental analysis. We’ll look at them both.

The technical approach examines past market action and uses that data to predict the future. Previous trends in most areas of life are almost always good indicators of the future; forex is no different. People have not changed much in the decades since the forex market was created. People still buy and sell and react to stimuli in much the same way as they did 50 years ago.

Since forex rates change constantly throughout the day, every day, looking at all the years of past data can be daunting. Smart analysts learned to look at the big picture, to skip the minor details and examine trends over a longer period of time.

Using fundamental analysis to forecast forex markets is a bit more in-depth, but it can also be highly accurate. Basically, fundamental analysis means forecasting the market based on external factors — political moves, government involvement, social movements, even the weather. Someone good at fundamental analysis might forecast forex drop-offs because he knows a country’s government is unstable at the moment, or increases because the country has just elected a popular new leader. Anything that can affect a nation’s economy can affect the exchange rates, and that’s what a fundamental analyst uses to guess at the forex market’s future

Naturally, this means having to know a particular country in-depth, which is hard to do for more than a few countries at a time. (It becomes even more complicated when trying to forecast the euro, since several different countries use that currency.) But having that kind of intricate knowledge makes it much, much easier to forecast forex trends.

Most good traders use a mixture of both processes, technical and fundamental. For example, a trader might see that a country is currently facing a particularly strong hurricane season (fundamental) and know that in the past, strong hurricane seasons have meant a weaker economy for that nation (technical). Thus, he can predict down-turns for that nation with some degree of confidence.

If you are a hacker like me and you hear something about a “Anti Slice Golf Driver” while having a cool refreshment at the 19th then it’ll probably get your attention just like it got mine. But Fact or Fiction. Sounded a bit like Ripley’s Believe It Or Not. So here is what my research came up with…

Anti slice golf drivers have become increasingly popular in recent years, and it may seem strange to ask if they are actually a good thing or not. You may be surprised to hear that not everyone thinks that they are.

One of the reasons for the popularity of these clubs is that the drive is a shot that has a huge impact on a player’s overall score. Of course in a sense you could say that about every type of shot, but if you hit a straight drive you are on your way, while a pull or a slice will put you in trouble right from the go.

The slice is the most common problem that players tend to have with the drive. The extra heave to get more power into the shot simply means that the club face does not hit the ball square on.

The simple advice may be to work on the swing, and of course this is a very logical answer and also the traditional way to go. However, with new developments in club design and technology, people have begun to wonder why not just use a club which corrects the problem for you?

An anti slice driver will be shaped in a particular way so that what would have been an off straight shot with a regular driver, with this club hits the ball straighter. It also tends to get the ball higher with more backspin, and the backspin will counteract the side spin of the slice.

Great! So why do some people not like them?

Well, some people think that these clubs are covering up the problem rather than correcting it. They would argue that as soon as you use any other club, your slice will be evident again. That is a reasonable point, but with a lot of slicers it is the extra length of the drive that makes the problem evident, so it is never as bad with the other clubs anyway. In some cases it might only be a problem with the drive.

A second reason some people do not like them is that they view them as cheating. That is nonsense to me! The pros throughout the history of the game have tried different types of clubs to reduce their score. The clubs are regulated by rule, and you can be sure that any popular club fits the rules. Within the rules, there is no way that you can say that a new design of club is cheating. Unless we are to start having standard clubs for every player, this argument will never stand up.

So while some people find cause not to like them, the majority find their enjoyment of a round goes up a great deal with using an anti slice club. This is especially true of players who have worked and worked to try to correct a slice but have never been successful. So we must conclude that yes, anti slice golf drivers can help your game!