RSI PRO Forex Trading System- The purpose this book is simply to help traders using the RSI PRO Forex Trading System to improve by seeing different currency trades and expanding their vision and understanding.
Author: Paul Dean
Free Download link: At the end of the post
Introduction- RSI PRO Forex Trading System
The purpose this book is simply to help traders using the RSI PRO Forex Trading System to improve by seeing different currency trades and expanding their vision and understanding.
I don’t plan to write at length here as the important information is in what follows. There are 40 trading exercises which were actual trades that were taken from February 2009 up until July 2010.
At the end of the this book are 10 Trading Exercises that will lead your through some of the basic concepts that should come to mind whenever you place a trade. Each Trading Exercise has an answer and they are the type of exercises that you can continue on your own.
I learned a great deal myself going over each of these trades and writing the step-by-step comments and explanations. I think that if you use this as a resources, referring to it often it will help you become a better Forex trader.
The most important thing that a Forex trader can develop is his or her decision-making process. Many times we enter trades and realize that we failed to think about something. By spending time understanding how to think we become more aware of our surroundings and we begin to perform at a higher level.
Each Trade Example is numbered and titled. You may start from the beginning or scroll through the pages stopping where ever you like to read about the thinking behind a trade.
I hope you enjoy the book and recommend the RSI PRO Forex Trading System to your friends.
Table of Contents
Example 1 – Range Shift and Context
Example 2 – Reading RSI Signals and Momentum
Example 3 – How RSI Shifts Range; a Stair Step
Example 4 – Range Shift
Example 5 – Using RSI for Short-Term or Scalping and Minor Drawdowns
Example 6 – Tight Drawdown
Example 7 – Short-Term Trade M5 Below the Last Low
Example 8 – Short term M5 trade Negative Reversal
Example 9 – Looking Ahead
Example 10 – Negative Reversal with Tight Stop
Example 11 – Trading off a Resistance Level for a Whole Week
Example 12 – Trading Every Signal can Produce Profits
Example 13 – Trading in Hourly Consolidation
Example 14 – Trading a Main Channel
Example 15 – When to Ignore Signals
Example 16 – Trend Channel Change
Example 17 – Risk and Reward
Example 18 – RSI Channels
Example 19 – Channels and Channel Shifts
Example 20 – Downtrending Prices Mean Ascending RSI Channels
Example 21 – Uptrending Prices, descending RSI channels
Example 22 – Range Shift and Reversals
Example 23 – RSI Channels
Example 24 – RSI Channel Bounce
Example 25 – RSI Channels
Example 26 – Negative Reversal with Channels and Clear Exit Point
Example 27 – Break of the Inner Channel
Example 28 – Moving Averages versus Reversal
Example 29 – Help Finding When to Exit or Take Profit
Example 30 – How Reversals Can Work with Divergences
Example 31 – The Levels of Success
Example 32 – Set it and Forget It.
Example 33 – Multiple Trades Over a Short Period of Time Can Make for a Good Year.
Example 34 – Anticipating the Future
Example 35 – Conservative Trade Entry and an Aggressive Trade Entry
Example 36 – Two Strong Moves Against the Trend
Example 37 – Moving Average Opportunities
Example 38 – Moving Average Opportunities
Example 39 – Entering and Holding
Example 40 – How Long to Stay in a Trade?
Trading Exercise 1 – A Trading Exercise – Range Shifts
Trading Exercise 2 – Seeing Ahead
Trading Exercise 3 – Consolidation and Trends
Trading Exercise 4 – Drawing Main Channels
Trading Exercise 5 – Drawing Main Channels
Trading Exercise 6 – Drawing Inner Channels
Trading Exercise 7– Drawing Inner Channels
Trading Exercise 8 – What is Missing?
Trading Exercise 9 – Main Channel
Trading Exercise 10 – Entry Point
Download ebook RSI PRO Forex Trading System
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