Research and Markets (http://www.researchandmarkets.com/reports/c83160) has announced the addition of 7 Winning Strategies For Trading Forex to their offering.
Many traders go around searching for that one perfect trading strategy that works all the time in the global FOREX (foreign exchange/currency) market. Frequently, they will complain that a strategy doesn't work. Few people understand that successful trading of the FOREX market entails the application of the right strategy for the right market condition.
7 Winning Strategies For Trading Forex covers:
- Why people should be paying attention to the FOREX market, which is the world's largest and most liquid financial market
- How understanding the structure of this market can be beneficial to the independent trader
- How to overcome the odds and become a successful trader
- How you can select high-probability trades with good entries and exits.
Grace Cheng highlights seven trading strategies, each of which is to be applied in a unique way and is designed for differing market conditions. She shows how traders can use the various market conditions to their advantage by tailoring the strategy to suit each one.
This revealing book also sheds light on how the FOREX market works, how you can incorporate sentiment analysis into your trading, and how trading in the direction of institutional activity can give you a competitive edge in the trading arena.
This invaluable book is ideal for new and current traders wanting to improve their trading performance.
Filled with practical advice, this book is a must-read for traders who want to know exactly how they can make money in the FOREX market
Content Outline:
PART I - TRADING FOREX
1. Getting started
Unique Characteristics of the Forex Market
Investing vs Trading
Trading Time Frames
Warming Up
- Opening an account
- Currency codes
- Currencies are traded in pairs
- Trade size
- Pips
- Reading forex rates
- Understanding rollover
- What sort of leverage can I get?
- Trading
- Volatility
- Common types of order
How to Choose a Broker
Forex Trading Is A Serious Business
A Day in the Life of a Full-Time Forex Trader
2. Spot Forex Market Structure
Market Players
- Banks
- Large companies
- Central banks
- Institutional investors/speculators
- Forex brokers
How the OTC Structure Affects Self-Directed Traders
Summary
3. How To Overcome The Odds Of Trading Forex
Mind
- Do You Have the Mental Strength?
- Fear and Greed
- Face And Control Your Fears
- Focus On the Big Picture
Money
- Preserve Your Capital
- Be Well-Capitalized
- Cap Your Losses and Get Your Profits
Method
- The old question: technicals or fundamentals?
- Method is malleable
Summary
4. The Ten Rules of Trading Forex
PART II - STRATEGIES
Strategy 1 - Market Sentiment
Strategy 2 - Trend Riding
Strategy 3 - Breakout Fading
Strategy 4 - Breakout Trading
Strategy 5 - Decreased Volatility Breakout
Strategy 6 - Carry Trade
Strategy 7 - News Straddling
Appendices
Forex Glossary
Currency Codes
Major Regulatory Agencies
For more information visit http://www.researchandmarkets.com/reports/c83160
Contacts:
Laura Wood
Senior Manager
press@researchandmarkets.com
Fax:
+353 1 4100 980
