Who should read this book about proprietary trading
techniques within the foreign currency exchange, also known as the forex? This
book is for beginning, intermediate, and advanced traders who need to increase
the odds of successful trades by making precise entries. This means making
precise decisions regarding entry selections. This book is for those of you who
need to have sustaining income as you develop your personal trading skills.
This book is not intended for successful traders who have found a procedure
that works, and the information contained within this book is in no way
intended to put down other methodologies, traditional trading procedures, or
trading styles.
Many traders go around searching for that one perfect trading
strategy that works all the time in the global FOREX (foreign
exchange/currency) market. Frequently, they will complain that a strategy
doesn't work. Few people understand that successful trading of the FOREX market
entails the application of the right strategy for the right market condition. 7
Winning Strategies For Trading Forex covers:
Why people should be paying
attention to the FOREX market, which is the world's largest and most liquid
financial market - How understanding the structure of this market can be
beneficial to the independent trader
How to overcome the odds and become a
successful trader
How you can select high-probability trades with good
entries and exits.
Grace Cheng highlights seven trading strategies, each of
which is to be applied in a unique way and is designed for differing market
conditions. She shows how traders can use the various market conditions to
their advantage by tailoring the strategy to suit each one. This revealing book
also sheds light on how the FOREX market works, how you can incorporate
sentiment analysis into your trading, and how trading in the direction of
institutional activity can give you a competitive edge in the trading arena.
This invaluable book is ideal for new and current traders wanting to improve
their trading performance. Filled with practical advice, this book is a
must-read for traders who want to know exactly how they can make money in the FOREX
market.
