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Profit From Forex Price Action: Proven Strategies For A Profitable Trade, by Atif Choudhury
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“Profit From Forex Price Action” contains over 50 colored charts with real market example to demonstrate all six strategies used by the author for his day to day trading. It’s an easy-to-use practical guide to Forex trading.
To be successful in trading, you must have a good trustworthy chart setup. In this book, the author shows you how to setup the chart using his strategy to trade Forex profitably. There are lots of indicators out there, but the author uses only a few for his Forex trading strategy.
The strategies you will learn from this book are:
1.How to use Pivot Points to your advantage.
2.How to use Opening Range to your advantage.
3.How to use Ichimuko Cloud to your advantage.
4.How to use Bollinger Bands to your advantage.
5.How to use Fibonacci Retracement to your advantage.
6.How to find a trade for a bigger profit.
Knowing, how to properly use any technical indicator is the difference between the success and failure. All those indicators and their information are available on the Internet, but still traders are losing money trading Forex. The reason: indicators alone can’t help you to win your trades. You have to have some good strategies to use with these indicators to win. The author of this book shows you how he uses them to his advantage.
This is a must read book for any Forex traders, whether you are an experienced trader or new to this market. The book will show you, a different way to look at the Forex market to become successful.
- Sales Rank: #727941 in eBooks
- Published on: 2014-01-26
- Released on: 2014-01-26
- Format: Kindle eBook
Most helpful customer reviews
1 of 1 people found the following review helpful.
Very useful and explanatory
By Mario
This is a very well-written, professionally laid out and edited guide for anyone interested in Forex trading. The advice is sound and the author backs up his theories with charts and the technical underpinnings of his trading principles. He shares six strategies for trading and explains in detail how they can be utilized. Of particular usefulness to me is one of the final chapters where he discusses the mentality needed for trading. "Remember, only invest the money you can afford to lose," the author says. He advises against using borrowed money,being fearful, or putting too much at stake. He also indicates that one must keep a clear mind and to keep things simple. The advice in that chapter is useful for business in general, not just Forex trading. Overall, I like the clarity and the professionalism of the author. This is a book clear of typos or poorly constructed sentences.
1 of 1 people found the following review helpful.
The ultimate Forex trading guide!
By Egidio Concas
It's a great guide to learn how to gain profit from Forex. This book is truly resourceful which is written by a trader who is experienced in this sector. The author disclosed some great strategies to do Forex trading in an easy way. I found this book so efficient and effective.
The strategies are helpful to create an efficient chart to earn profit. How to use Pivot Points, how to use Opening Range, How to use Ichimuko Cloud, how to use Bollinger Bands, how to use Fibonacci Retracement & how to find a trade for a bigger profit - these things are really essential to learn to setup a chart and execute successfully to gain profit from Forex.
It's a highly recommended book for anyone who want to gain profit from Forex. I will definitely suggest to grab a copy before diving into this sector.
0 of 0 people found the following review helpful.
This book deserve more then 5 star ratings
By Dyana Jo
Wow! I never thought forex trading would be that easy.A friend of mine recommended this book after his success in forex, and I am glad I bought it. If you want to make money trading forex, then this is the only book you need. Don't waste your money on training. This book can be your perfect guide. I have spent so much money on training but at the end of the day, it all comes down to strategy and good chart setup. Proof is in the book. The writer who is also a trader explained everything in a very simple format. I highly recommend this book.
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