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Tested Forex Strategies And Advanced Technical Analysis For Forex: Enter And Exit The Market Like A Pro With Powerful Strategies For Profits
Tested Forex Strategies And Advanced Technical Analysis For Forex: Enter And Exit The Market Like A Pro With Powerful Strategies For Profits
Tested Forex Strategies And Advanced Technical Analysis For Forex: Enter And Exit The Market Like A Pro With Powerful Strategies For Profits
Ebook94 pages57 minutes

Tested Forex Strategies And Advanced Technical Analysis For Forex: Enter And Exit The Market Like A Pro With Powerful Strategies For Profits

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About this ebook

This special book is a combination of forex strategies and advanced technical analysis. You begin with learning the base techniques that professional and successful traders use. The second half of the book journeys into advanced technical analysis where you will acquire a broad and deep understanding of technical analysis for forex. The emphasis is on practical applications. You will learn to optimize technical indicators that can increase your money making ability. The results from past students and readers confirms their effectiveness.


The book includes the following and much more!


- Step-by-step guide to understanding from beginner forex into advanced technical analysis indicators


- Strategic trading tactics to use with your expanded knowledge of technical analysis


- Trader psychology (bonus chapter)


- Price patternsUsing multiple time frames


- Selecting the correct trading partner 


This is a combination of Wayne's books: Tested Forex Strategies and Advanced Technical Analysis for Forex

LanguageEnglish
PublisherPublishdrive
Release dateSep 11, 2018
Tested Forex Strategies And Advanced Technical Analysis For Forex: Enter And Exit The Market Like A Pro With Powerful Strategies For Profits
Author

Wayne Walker

Wayne is known for the success that his students and readers of his books have. He is a trader trainer, coach and entrepreneur in demand. From his base in Copenhagen, this demand has led to trader training & speaking engagements in the United States, China, Jamaica, Norway, United Kingdom, Sweden, etc. Prior to Europe, he was based in New York City. His books are used to teach some of the world's brightest for ex. at Copenhagen Business School & Nanjing University. He is also a guest columnist to several financial magazines, for example CryptoCoin.news and in Spanish at Estrategias de Inversión. He has held several positions in investment banking including: Regional Manager for teams of Investment Advisors servicing North America & Middle East Regions (based in Denmark and London), Training Consultant to financial institutions. He also headed the Trader Training program at a leading investment bank. 

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Reviews for Tested Forex Strategies And Advanced Technical Analysis For Forex

Rating: 4.75 out of 5 stars
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  • Rating: 5 out of 5 stars
    5/5
    ottimo professionista onesto e chiaro nella comunicazione le sue tecniche sono veritiere .
  • Rating: 5 out of 5 stars
    5/5
    My kind of book Wayne!!

    This 70 page book, provides very good descriptions of FX Indicators and trading strategies, it was to the point with great examples and graphs, without getting into the mambo jumbo that you really do not need to know to be profit in this market.

    Enjoy this easy read!

    2 people found this helpful

Book preview

Tested Forex Strategies And Advanced Technical Analysis For Forex - Wayne Walker

Table of Contents

Tested Forex Strategies

Introduction

Chapter 1: What is Forex?

Chapter 2: 3 Way Orders

Chapter 3: Trading Tactics

Chapter 4: Selecting a Trading Partner

Chapter 5: Introduction To Advanced Technical Analysis For Forex

Chapter 6: Charting Essentials

Chapter 7: Technical Indicators

Chapter 8: Oscillating Indicators

Chapter 9: Fibonacci Analysis

Chapter 10: Price Patterns

Chapter 11: Using Multiple Time Frames

Chapter 12: High-Probability Trade Setup

Chapter 13: Intermarket Relationships

Chapter 14: Fundamental Analysis Essentials

Chapter 15: Trading Psychology

Conclusion

Profile of the Author

Tested Forex Strategies

And

Advanced Technical Analysis For Forex

© Copyright 2018 by Wayne Walker, All rights reserved.

This book was written with the goal of providing information that is as accurate and reliable as possible. Professionals should be consulted as needed before undertaking any of the actions endorsed herein.

This declaration is deemed fair and valid by both the American Bar Association and the Committee of Publishers Association and is legally binding throughout the United States.

Furthermore, the transmission, duplication or reproduction of any of the following work, including precise information, will be considered an illegal act, irrespective whether it is done electronically or in print. The legality extends to creating a secondary or tertiary copy of the work or a recorded copy and is only allowed with express written consent of the Publisher. All additional rights are reserved.

The information in the following pages is broadly considered to be a truthful and accurate account of facts, and as such any inattention, use or misuse of the information in question by the reader will render any resulting actions solely under their purview. There are no scenarios in which the publisher or the author of this work can be in any fashion deemed liable for any hardship or damages that may befall them after undertaking information described herein.

Tested Forex Strategies

Introduction

Congratulations on your personal copy of Tested Forex Strategies and Advanced Technical Analysis for Forex. The first four chapters will provide you with a foundation in the essentials of forex. You continue your journey into the second section (Advanced Technical Analysis for Forex) to acquire a broad and deep understanding of technical analysis for forex. The emphasis throughout is on practical applications. Thanks for choosing this book!

What is Forex?

In this chapter we will examine the foreign exchange market, the participants, what makes the market move, and why you should want to trade it.

So what is Forex (Foreign Exchange) or FX as many people call it? , it is the world’s most liquid market. The average daily turnover is over 4 trillion US Dollars. This is a huge number, but to put it in perspective, one day of FX is roughly 2 to 3 months of trading volume on the New York Stock Exchange. This is powerful, it means a lot of liquidity and that a lot of people are involved in it.

It is OTC traded, meaning over the counter with no central exchange, in contrast to the equity or commodity markets where there are central exchanges that buyers and sellers meet. With FX, it is just you and your broker/dealer.

It is open for 24/5 trading, from Sydney 5 AM on Mondays to New York 5 PM on Fridays. Plenty of time, allowing for round the clock trading.

Centers and Participants

Who are the people that are involved in this FX phenomenon?

First we will take a look at the FX centers. The main centers of FX are the UK, US, and Japan. They are responsible for the bulk of the trading. Australia, Singapore and Switzerland are also important players in the market, but the main players remain US, UK and Japan.

Banks and Financial Institutions

It is primarily major banks and financial institutions, they account for roughly 50% of the transactions. They trade electronically amongst themselves.

The central banks are also involved and their role is to intervene in an attempt to influence the value of their currencies.

Let us take a closer look at this. Maybe the most famous of central banks, the Federal Reserve Board, they and also the Bank of Japan, are at times known to be active participants in the market in an attempt to influence the strength or weakness of their currencies. A FX trader must be aware of the roles that they play.

Additional Participants

There are now FX hedge funds, years ago if you mentioned FX hedge funds most people would not know what you were talking about, because they did not exist. There are funds that trade either one particular currency or regional currencies, and for those that have an interest they are available.

Other participants are the brokers, both voice and electronic, they serve as intermediaries between banks and dealers. Banks and dealers turn to them for assistance in finding the best deals, but the days of voice brokers are numbered, because most activity now is electronic. There are many firms today that have dealer free desks.

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