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The 10 Essentials of Forex Trading

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The 10 Essentials of Forex Trading

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"This book was very helpful"
5 stars"
Purchased on Mighty Ape

It gave a few more indicators and told me how to draw trend lines, as I was drawing them wrong. I have trading for a year and this is not my first book on forex trading. Its great for beginners as well

Description

Trading the Forex Market can be exciting, adventurous, and financially rewarding. It can also be disastrous for those who are unprepared for its rhythms and movements. Now, Jared F. Martinez, one of the foremost experts in currency trading, draws upon his vast knowledge and experience to deliver 10 key practices for trading in Forex. The 10 Essentials of Forex Trading shows you how to use charting methods to effectively relate market movements to trading patterns-and turn those patterns into profit. No matter your level of trading experience, you can develop the skills you need to become a consistently successful foreign currency trader-from using the right trading tools and balancing equity management to trading in buy and sell zones and identifying trends and trendlines. You'll discover what drives the Forex market and how to navigate the three stages of Forex trading: acquiring new trading rules, controlling disciplined thought, and implementing disciplined action. Martinez also prepares you to: Understand the financial game of support and resistance between Bulls & BearsUse Japanese Candlesticks to discern the sign language of the marketCreate an entry strategy and a consistent exit strategyUse Fibonacci as part of your trading approachForecast sideways movement in the market-and trade it Martinez shows you how to put it all together to execute a successful trade by finding convergence and analyzing the market on multiple timeframes. You'll also learn how to gain control over your emotions-a vital part of trading on Forex-and eliminate bad habits that can prevent you from becoming a confident, competent, and profitable trader. To trade the Forex market, you must come to the trading table prepared. The 10 Essentials of Forex Trading arms you with the tools to develop a solid personal trading constitution and reap the financial outcome you desire.

Author Biography:

McGraw-Hill authors represent the leading experts in their fields and are dedicated to improving the lives, careers, and interests of readers worldwide
Release date Australia
January 16th, 2007
Audience
  • Professional & Vocational
Pages
240
Dimensions
160x234x18
ISBN-13
9780071476881
Product ID
2460358

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