The 10 Essentials of Forex Trading |
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 & Bears
- Use Japanese Candlesticks to discern the sign language of the market
- Create an entry strategy and a consistent exit strategy
- Use Fibonacci as part of your trading approach
- Forecast 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.