The Ultimate Forex Trading System-unbeatable Strategy Ebookz

Exercises

Preface

Forex trading is almost having a solid trading strategy, having a sound plan to manage your risks, being able to control your excitements during a trade and having field of study.
The Ultimate Forex Trading Arrangement-Unbeatable Strategy to Place 92% Winning Trades
is an effort to create a balanced system of all these iv central factors. The outcome is a high performance trading system quite adaptable to any trading habit and personal lifestyle. This book includes the post-obit topics.

In part 1 I take explained preliminary simply key concepts that every Forex trader need to know. Topics such every bit support and resistance, consolidation and breakout, the best currency pairs to trade, the best hours for trading and then on.

In part ii you lot will find eight essential Forex trading strategies that have passed my strict criteria to be easy to apply, highly assisting and manageable. Nautical chart patterns trading as a classic trading method is the first strategy that I accept explained in this book. Only very high probable chart patterns are discussed and existent examples help yous to observe their trading potential. In this affiliate I accept focused on training optics and heed to predict (with high probability) how the side by side bar(south) will unfold. Price rejection (a subsidiary of price action) is the second trading strategy that I have discussed in this volume. Using cost rejection pin and twin bars (that reveals the momentum behind the cost) is a classic skill that every professional trader has to know and benefit from information technology. The third strategy that I have explained is correlation (negative or positive) between currency pairs. Correlation trading is a very authentic strategy that exploits the discrepancy or fourth dimension lag betwixt two unremarkably correlated currency pairs. Volume Price Assay (VPA) is the next strategy that I have explored in this function of the book. Nether this topic you will come across how very elementary rules enable you lot to interpret volume-toll coaction and how information technology makes a real difference in your trading. For those who cannot exist involved to trading 24 hours a day and wish to enter long term trades to have enough time to leave their trading room for a few days (or even weeks), long term trading strategy is the solution. Especially, a very highly probable trading method that I have chosen it Abandoned Infant EMA(5) is a very promising long term trading strategy. The sixth trading strategy uses existent time sentiment charts (buy/sell positions) of worldwide traders to benefit from their opinion to forecast how the market place will behave in the side by side hours. Checking multiple time frames is a good method to double confirm entering a trade. It has been discussed in Multiple Time Frame Trading Strategy chapter. News trading as the last strategy has been treated from a statistical point of view. How estimate your chance to enter a winning merchandise after or during news releases past studying the price history and market reaction to the medium or high touch on news and what measures y’all accept to take to manage this blazon of trading.

Part three is the climax of the book because you will learn to combine all your knowledge about Forex basic concepts and various trading strategies to enter only high performance (more than than 90% winning charge per unit) trades. Many real trading examples will guide you to reach this level of trading skills. Coin and risk management has been discussed around the very practical concept of risk/reward ratio, the only machinery you need to control your trades, minimize your risks, maximize your profit and do trade in a very relaxed and comfy state of mind. And under Psychology of Trading you lot will discover the summary of the all-time advices to control your psychology during trades and maintain a winner mindset.

Mostafa Afshari

August 2016

Part I

Basics

one. What is Forex?

Forex is the knowledge and art of trading currencies in a way to proceeds some profit. In other words, Forex market is a place where people buy or sell currencies expecting turn a profit. It is clear that we but purchase when we expect the value of