Mastering the currency market PDF

Mastering the currency market PDF

Mastering the currency market PDF- We are going to give you the tools and the lessons you need and teach you how to recognize when the time and place are right for you to execute your trading plan.

Category: Forex

Author: JAY NORRIS / AL GASKILL / TERESA BELL 

Language: English

Download link: At the end of the post

Introduction

Regardless of your level of economic or market knowledge, the only way to learn how to trade the financial markets successfully is to know the basics and practice using them regularly. We often hear clients say they already know the beginning lessons and believe that the intermediate and advanced lessons will make them successful traders. What we’ve found in practice, however, is that most individuals lack a complete understanding of the basics.

If you feel you are the exception to this rule, you may want to consider the following questions: Have you written out a trading plan? Do you know the difference between a countertrend signal and a trend signal? Do you understand the concept and timing of buying strength and selling weakness? Do you know that as an end-of-day trader, your risk-to-reward ratio is much more favorable than that of a day trader? Do you understand the difference between a leading and a lagging technical indicator and know how and when to employ them? These are basic lessons you need to know, and if you do not have them hardwired into your head, you very likely will not succeed at trading. Your success will depend on how seriously you take yourself and trading. It’s fair to say that any profession that encourages the use of simulators should be taken seriously, and trading is no exception.

The key in many top-earning professions is repetitive practice. Why do you think professional athlete practices as much as they do? Why do you think a middle linebacker or a quarterback who makes millions of dollars a year practices basic footwork so often or why a concert pianist or violinist practices so often? Conditioning is the answer. Professionals condition themselves to react physically the same way, every time, in various situations regardless of their emotions. Professionals make the time and take the effort to practice the basics because they know they have to take themselves out of the process mentally to the point where they don’t think, they just react. What may take many years to learn lesson by lesson, with hours, then weeks, and then years of practice, can be executed simply and flawlessly without apparent effort when a professional is in the right place at the right time. We are going to give you the tools and the lessons you need and teach you how to recognize when the time and place are right for you to execute your trading plan….

Contents- Mastering the currency market PDF

PREFACE

PART 1 INTRODUCTION TO TRADING CURRENCIES
1. TYPES OF FINANCIAL MARKETS

PART 2 FUNDAMENTAL ANALYSIS
2. THE WHY OF PRICE VALUATION

PART 3 TECHNICAL ANALYSIS
3. CHARTS FOR TRADING
4. CANDLESTICK CHARTS
5. SUPPORT AND RESISTANCE
6. CHART PATTERNS
7. TECHNICAL INDICATORS
8. TRADING TECHNIQUES
9. TYING THE TECHNICAL INDICATORS TOGETHER: TRADE SIGNALS AND QUANTIFYING TRENDS

PART 4 TRADING PHILOSOPHY
10. TRADING PSYCHOLOGY
11. TRADING THE APPROPRIATE TIME FRAME

PART 5 RISK MANAGEMENT
12. RISK AND MONEY MANAGEMENT
13. CREATING A TR ADING PLAN AND KEEPING A TRADING JOURNAL
CONCLUSION: MASTERING THE MARKETS
INDEX

About the author

JAY NORRIS / AL GASKILL / TERESA BELL

Download ebook Mastering the currency market PDF

PDF

Read more Forex ebook:

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments