Forex strategies for conquering the 24-hours-a-day Forex market. The Forex Strategies Guide for Wow forex trading and Swing Traders 2. He’s been a trader since 2005.
I didn’t make a profit, I didn’t get paid. That’s because you’re missing one of the keys, and books and websites rarely, if ever, discuss it. It’s a step-by-step approach for how to actually implement the strategies and train your mind to utilize them effectively. 5-step method and success is an inevitability, not just a possibility.
Several chapters focus on reading price action so you see market changes as they occur, and can filter out trades which have a low probability of success. I give you the main strategies I’ve used and learned over the last decade of trading, including why they work and why I like them. It takes desire, discipline and the willingness to put in time and effort. A five-step plan that makes sure you implement the strategies of your choice profitably and consistently. Forex basics to get you started: how the forex market works, how much capital you need, how much leverage to use, how to read and interpret forex charts. A precise Trading Plan, which tells you how to compile all the information in the book into a plan of attack. How to capitalize on interest rates.
Recieve interest payments in your pocket everyday at 5PM ET. Learn to read price action like a pro. How to control your daily risk, in addition to individual trade risk. How to manage multiple positions properly. Learn how to spot repeating patterns on the charts, and exploit them in low-risk ways. How to anticipate chart pattern breakout direction to potentially reap huge returns for a small risk.
How to capitalize on false breakouts instead of fearing them. How to determine trend changes in real time so you can spot reversals and trade trends. Combine trends with powerful candlesticks to create great trading opportunities. Stats that you need to know about the currencies you trade. These stats provide strategies, as well as keep you out of low probability trades.