全球化以後,網際網路的發展讓我們無法置身事外，雖然現階段主管機關基於國內投資者之保護和外匯管理政策，未能開放投資者在國際外匯交易市場直接從事現貨外匯保證金交易；但時勢比人強，透過網際網路，很多投資者已經知到在國外交易商開戶並直接在國際外匯交易市場從事現貨外匯保證金交易，只可惜由於資訊的缺乏乃致很多投資者被一些不肖商欺騙，又由於主管機關對此投資工具的未予開放，亦使相關投資者的教育不足，許多投資者虧損之實例時有所聞。
本研究由外匯的背景談起討論了外匯的現況及相關原理，旨在讓對外匯保證金交易有興趣之投資者了解其原理、運用及風險管理；及藉由各種圖形分析、趨勢走向分析及技術指標分析來做為價格走向預測及投資策略設計的依據。
本研究參考相關文獻，再以專家問卷調查 ，藉助層級程序分析方法，來了解現階段投資者作投資時的決策依據，以及藉實證研究方式開立六個模擬交易帳戶，依圖形分析、價格趨勢走向分析、以及技術指標分析做為下單決策依據來印證專家及學者所提出理論。經過為期兩個月實證結果，和學者所題文獻相互吻合，也獲得不錯的投資報酬率。
在投資策略方面 ，本研究提出四種操作方法供投資者參考：(一)順水推舟的金字塔滾利法，(二)逆向操作轉頭反擊法，(三)互補法的操作技巧，(四)平均分攤法。
最後依本研究實證給投資者一些建議：雖然如何應用技術指標很重要，但投資者心裡調適更為重要，投資者必須先學會如何控制損失，這比學會如何獲利更為重要，其中關鍵在於每次犯錯時如何將損失減到最低。

Through the globalization, no one can stay out of the Internet’s development. Although the supervisory organizations haven’t allowed investors to engage in the transaction of spot foreign exchange due to the protection of investors and supervisory policy on this stage. Through the Internet, many investors have already known how to open an oversea account and trade spot foreign exchange directly in the international exchange market. Many investors were deceived by some improper introducing brokers (“IBs”) due to the ignorance of investors’ knowledge and lack of management of supervisory institutions.
The research started to discuss the background of foreign exchange, description of the market situation and the related principle. The research intends to make investors understand transaction of foreign exchange, trading principle, and the crisis management. Investors can forecast the price level and design a trade strategy through the Chart’s Analysis, Trading Trend Analysis and Technology Indicators.
The research’s references are related literature and journals. The research used the expert questionnaire survey with Analytic Hierarchy Process (AHP) to understand the investor’s basis of decision-making and opened six simulated accounts for trading based on the Chart Analysis, the Price Tendency and the Technical Indicators Analysis. The process continued two months and got the excellent result. The research combined the academic literature and practice.
About the investment strategy, the research proposed four operating methods for investors: first, pushes the boat along Pyramid yields compound interest method; Second, the reversion operation turns the head to counter-attack way; third, supplementary method the operative skills; fourth, to share out equally.
Finally, the research gave investors some suggestions as follow: although the applied technology is a good tool, the investors’ mindset is more important. Learning to lose first is more important than profit for investor. The key is reducing the loss and control the risk when your strategy against the market.

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