LEFT Brain Trading technique can help improve trading confidence and performance through a process of self-discovery coupled with a revolutionary new way to set up charts to reveal the universal framework that governs all currency movements. This full-colour, illustrated book describes how mental programming can affect trading and how this can be changed for the better. It also introduces a new way to use the Fibonacci ratios to provide the trader with a one-time framework set-up; easier identification of trading opportunities; a means of identifying the size of a trade; and improved risk management.
Discover a New Approach to Analyzing Price Fluctuations in the
Foreign Exchange Market
Forex Wave Theory provides spot currency speculators and commodity futures
traders with an innovative new approach to analyzing price fluctuations in the
foreign exchange.
Written by Jim Bickford, a successful veteran online spot currency
trader, this expert financial tool explains the four most significant
categories within technical analysis_pattern recognition, econometric models,
crossover trading systems, and wave theory_and includes critical definitions of
technical terms.
Forex Wave Theory examines in detail different length cycles of two through
six waves, with special emphasis on their predictive reliability. The book also
converts raw security data (OHLC quotes) to swing data through the application
of a refined minimum reversal algorithm.
Based on solid mathematical and statistical models, Forex
Wave Theory is a highly visual resource that uses over 200 images to
explore:
This on-target reference also features instructive case studies of
the author's unique method, together with a wide range of important
supplemental information covering ISO currency pairs, exchange rates, global
banking hours, basic three-wave cycles, and related resources.
A vital tool for success in the currency market, Forex
Wave Theory gives traders a powerful new method for analyzing
fluctuations in the foreign exchange markets_and accurately determining market
waves.
More than $2 trillion is traded in the foreign exchange every day,
and many experts believe this figure will double in the next five years.
Fortunately for spot currency traders, the high-volume periods in this market
are predictably moved by information released from government and informational
agencies, typically on Wednesdays and Fridays at 8:30 a.m. Knowing this gives
the Forex trader tremendous analytical advantage, and in Forex
Shockwave Analysis, veteran online spot currency trader James Bickford offers
reliable techniques and know-how to capitalize on the violent disruptions that
happen at these times.
When a severe breakout up or down occurs in an otherwise
well-behaved time series, it's called a shockwave, and Forex Shockwave
Analysis offers unprecedented focus on identifying, analyzing, and
categorizing this unique pattern in the foreign exchange market. It not only
helps independent investors isolate and recognize recurring shockwave
personality traits, but it also gives insight into the reactive phase
immediately following the shockwave. Fundamental analysis is covered to provide
complete coverage, but playing this market's action can be most highly
profitable when the streaming data available today is used to reveal critical
properties and characteristics about the underlying currency pair. This book
equips you with the four most important methods of technical analysis:
·Pattern recognition
·Econometric models
·Crossover trading systems
·Wave theory
Forex Shockwave Analysis is packed with practical information for mastering shockwave
trading, including a refined minimum reversal algorithm that converts raw
security data (OHLC quotes) to swing data, numerous charts and diagnoses based
on activity, range, and interaction, as well as fifteen case studies
demonstrating how covered material works in the real world. This highly visual
book is also outstandingly designed to serve as a computer-side reference that
equips you with eleven appendices filled with all the tools you need to gain a
distinct advantage while working online in your currency trading platform.
Shockwaves occur over the course of a few minutes, and with Forex
Shockwave Analysis, you can effectively profit off them for a lifetime.
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.