Product DescriptionTrading the Forex Market can be exciting, adventurous, and financially rewarding. It can also be disastrous for those who are unprepared for its rhythms and movements. Now, Jared F. Martinez, one of the foremost experts in currency trading, draws upon his vast knowledge and experience to deliver 10 key practices for trading in Forex. The 10 Essentials of Forex Trading shows you how to use charting methods to effectively relate market movements to trading patterns-and turn those patterns into profit. No matter your level of trading experience, you can develop the skills you need to become a consistently successful foreign currency trader-from using the right trading tools and balancing equity management to trading in buy and sell zones and identifying trends and trendlines. You’ll discover what drives the Forex market and how to navigate the three stages of Forex trading: acquiring new trading rules, controlling disciplined thought, and implementing disciplined action. Martinez also prepares you to: Understand the financial game of support and resistance between Bulls & Bears Use Japanese Candlesticks to discern the sign language of the market Create an entry strategy and a consistent exit strategy Use Fibonacci as part of your trading approach Forecast sideways movement in the market-and trade it Martinez shows you how to put it all together to execute a successful trade by finding convergence and analyzing the market on multiple timeframes. You’ll also learn how to gain control over your emotions-a vital part of trading on Forex-and eliminate bad habits that can prevent you from becoming a confident, competent, and profitable trader. To trade the Forex market, you must come to the trading table prepared. The 10 Essentials of Forex Trading arms you with the tools to develop a solid personal trading constitution and reap the financial outcome you desire.
The 10 Essentials of Forex Trading: The Rules for Turning Trading Patterns Into Profit
I really enjoyed the book. Getting ready to read it for a second time.
Rating: 5 / 5
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An interesting book emphasizing important trading concepts that are applicable to more than just the Forex markets. Could be improved with a more detailed explanation of the nuts and bolts of actually making foreign exchange trades, though the work is strong as is in its treatment of technical trading and the discipline neccessary to successful trading.
Rating: 4 / 5
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Amazing Book ! I have read other Forex books and this one was so easy to read. It is a great reference guide to trading currencies. A must have for your book collection.
Rating: 5 / 5
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Read it cover to cover, great for beginners and those who are experienced traders. I wore out my highlighter on this one. If I could give it 6 starts I would!
Rating: 5 / 5
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This book is amazing. Not only does it deal with the trading aspect of foreign exchange but it also deals with the psychological aspect which is very important. I would recommend this book to anyone thinking of trading in the foreign exchange market or someone who has been doing it for years.
Rating: 5 / 5
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