Proven forex trading money making strategy for beginning and struggling traders

Forex Trading book. Read 3 reviews from the world's largest community for readers. Mentoring Beginning Forex Traders and Struggling Traders to become con.
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If you are tired of not winning I've been trading for 9 months with mixed results. This book goes in great detail and outlines everything. Started using the strategy, and it really works! I could not believe it! I've read many books, and tried a few strategies, but this one is complete. My trading method is very similar with your trading method. Every Trader must read this book.

If you follow this book, you don't need follow any complex system. I backtested this method following the book on GBPUSD and it appears there are many trades that meet the criteria that Ayuk did not consider, most of these trades were losing trades. Even on her website the signal service seems to be performing abysmally and nowhere near the pips that the book claims. I stand to be corrected but I don't see how anyone can make money using this strategy.

Missed a lot of trades on back test that should have been taken based on her rules Based on how she writes, the author seemed like a good lady. She claims she won a forex trading competition with FXCM using this strategy. However, I'm quite skeptical about it. I believe she won the contest as shown by her proof. But I don't think this is the strategy that she used. If this was the strategy that she used, she must have been just lucky. Here's why. She even showed a two year back test to try to prove it.

However, as I was following her back test on my charts, with the same settings and the same candle close time, there were a lot of trades that she missed out that should have been taken based on her rules. These trades were unprofitable and there were many of them. I tried to contact her through her facebook group page, showed her the charts and asked for some enlightenment why she didn't take those trades.

Forex Trading: Proven Strategies to Make Money from the Forex Market with Ease

It has been about a week now and still no reply. The strategy is a crossover strategy with some unique twists to it. It is a combination of a very fast MA and a moderately slower MA. The thing with crossover strategies is that they used to be very popular and was relatively profitable, but they seem to have stopped working. MA crossovers should be good at catching big trends but they just don't work on choppy ranging markets.

Those parts of the chart were there were trades that were missed out were phases when the market started to whipsaw her MAs. I was hoping that this was different because she claims she has a proof using her FXCM win.

But I guess it might not be so. I might still change my mind and change my view on her strategy if she would respond to my query on the trades that were missed out that should have been taken based on her rules.

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I have the pleasure of speaking with the author. Good book. This foreign exchange book demonstrates a practical method of how one can become a full-time trader with limited capital, including private traders. The Art of Currency Trading book will show you how to trade currencies in real market conditions profitably.

Fresh traders will have a chance to learn from specific strategies and tactics that the author used during 20 years of his trading career. This forex book consists of pages of material. In addition to including a single trading strategy or philosophy, the author walks readers through a variety of trading philosophies and approaches.

That means you can learn about technical analysis, macro fundamentals, behavioral finance, fundamental analysis, and how these disciplines intersect in the currency markets. For most of the new investors, it is challenging to navigate and grasp the foreign currency markets. Barbara Rockefeller and Vicki Schmelzer used their years of knowledge and experience to share with readers about the most crucial concepts and dynamics of this market. This huge amount of trading volume lowers the trading size of the US stock market. The Foreign Exchange Matrix book describes a number of topics, including what creates trends in the market and how the foreign currency market affects trends in other markets.

The two authors utilize a matrix concept to combine different themes and topics. Moreover, this reference book gives an in-depth treatment of market dynamics and instruction for how to explain events happening in the market. The book contains the fundamental factors that drive currency markets and provides specific strategies and tactics to leverage opportunities. Technical Analysis of the Financial Market covers everything you need to learn about technical analysis - from the fundamental concept of trading with a forward indicator.

Written in , the book has been considered a bible for traders. The book offers over technical analysis charts to bring to life. It also has a section to help you turn what you have got into practice. Furthermore, there are various topics, including candle patterns, dow theory, moving averages, various indicators, chart patterns, relative strength, Elliot wave, cycle theory, inter-market linkage, and market breadth.

Actually, those topics are quite dull and dry subjects; even you can find it difficult to get through sometimes.

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However, be patient and keep reading until the end of the book as this massive amount of knowledge is significant for your trading journey. The Day Trading and Swing Trading Currency Market book offers traders a number of technical and basic strategies that can be utilized to see the market overbought and oversold. New technical trading strategies involve how to trade news, efficiently time market turns, and attract new shifts in momentum.

Proven basic trading strategies include trading off commodity prices, option volatilities, fixed income instruments, event-driven macro traders, and intervention-based trades. In addition, the book also illustrates a strategy that shows the difference in interest rates and news Intermarket relationships.

Although standard economic reasoning contradicts this, Soros insists this approach gave him an edge over other traders in his career. First released in , the book gives merchants a fascinating insight into the mindset of one of the most outstanding traders of all time. For a long time, the idea of an American central bank was greatly divisive, with many individuals having suspicions of bodies that tried to make nationwide interventions.

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The book reports the story of that crisis and the events involved, concentrating on the four primary characters in the central part of the story. This forex reference source illustrates how traders can monitor prevalent market movements to profit, even during times of instability. Wholly updated after the market crash of - when trend followers could surpass expectations - Michael Covel creates a technical system that traders can leverage to speculate on a number of markets.

The Trend Following book also provides hands-on tips generated to make readers think and act differently, optimizing their opportunities for implementing a successful trend-following system. He shows how to utilize the tool appropriately and avoid common traps and analyzes the complementary basic analysis techniques that can help affirm how markets will move.

Additionally, the book clarifies the market conditions that sparked the growth of the indicator and three approaches that can help traders make the most advantage of it.

Chi tiết sản phẩm

In the Black Swan book , Nicholas Taleb explains the influence of erratic events and how they will be rationalized after they have happened. His main idea is that most financial models have flaws as they cannot account for these events, leaving traders encountering unnecessary risks. The book acts as a reminder to prepare for the unpredictable and take actions to mitigate the potential drawbacks of every trade.

The Foreign Exchange Option Pricing book introduces every aspect of forex options from the viewpoint of a Finance Practitioner.

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This publication also provides all the necessary information that a trader or quantitative analyst needs to possess to work in a bank or a hedge fund. Plus, it contains the theoretical mathematics aspect and the thorough coverage of execution, pricing, and calibration. The content is expanded with inputs from traders and real-world examples.