. . . diplomacy is about trying to understand other people. Finding out what will encourage them to agree with you and what will prevent them. Having a well reasoned argument rarely works on its own.
--John Duncan, UK's Ambassador for Multilateral Arms Control and Disarmament
Somehow the forces that move the currency markets might yield lessons to the basics of diplomacy. Agreement could be when the market price is not moving--equilibrium. Or it could be when the market is moving--trend. The markets are composed of people. What will encourage them to agree with you? Support and resistance? Trading ranges. What will prevent them agreeing? Loss of equilibrium. Thus the currency trader studies diplomacy in order to succeed. The market is like negotiating a treaty. Could be a chapter in Elephant Theories.
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