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Home > Business & Economics > International > Foreign Exchange > Forex Patterns & Probabilities: Trading Strategies for Trending & Range-Bound Markets

Forex Patterns & Probabilities: Trading Strategies for Trending & Range-Bound Markets

by Ponsi, Ed
 
 
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Forex Patterns & Probabilities: Trading Strategies for Trending & Range-Bound Markets
While most books on trading deal with general concepts and shy away from specifics, Forex Patterns and Probabilities provides you with real-world strategies and a rare sense of clarity about the specific mechanics of currency trading. Leading trading educator Ed Ponsi will explain the driving forces in the currency markets and will provide strategies to enter, exit, and manage successful trades. Dozens of chart examples and explanations will guide you each step of the way and allow the reader to "look over the shoulder" of a professional trader hard at work at his craft.

This book provides traders with step-by-step methodologies that are based on real market tendencies. The strategies in this book are presented clearly and in detail, so that anyone who wishes to can learn how to trade like a professional. It is written in a style that is easy to understand, so that the reader can quickly learn and use the techniques provided.



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Title of ebook: Forex Patterns & Probabilities: Trading Strategies for Trending & Range-Bound Markets
ISBN: 9780470170069
parent-ISBN: 9780470097298
Publisher: John Wiley & Sons, Inc.
Internet download file size: 5409 kb
Pages: 250
Published: 07-2007
Released online for download: 07-13-2007
Author of eBook: Ponsi, Ed
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Forex Patterns & Probabilities

Trading Strategies for Trending & Range-Bound Markets

Chapter One

Getting Started in Forex

Call me Ishmael ...

Just kidding. I'm sure that when anyone is blessed with the task of writing a book, that person secretly (or not so secretly) wishes that it might attain the status of a classic, like Melville's whaling tale.

You may be an experienced trader, or perhaps you're just starting out. Either way, remember: Everyone begins at the same starting point. Every trader who ever made money in any market began as a novice. Nobody is born with a deep, innate understanding of trading.

Maybe you believe that superior intelligence is required to succeed at trading. While being bright is not a disadvantage, it is no guarantee of success. Often, very intelligent traders overanalyze trading situations.

Maybe you believe that a good formal education is required to succeed, but this is not the case. What you are about to learn is not taught in any school. Traders learn through study, thro ... read full excerpt from Forex Patterns & Probabilities: Trading Strategies for Trending & Range-Bound Markets ebook



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