This 49-page ebook covers all you need to know about forex to trade successfully and hence profitably. You will learn to know what the market is telling you what the market is doingg right noww. When used in conjunction with standard technical indicators, you get an ultimate trading system..
You must have noticed that the markets tend to range more than they trend. In fact, the markets range about 70% of the time. Fortunately, the Forex market is uniquely suited to accommodate both styles, providing trend and range traders with opportunities for profit. A definite plan about where to enter, where to place Stop Loss and where to exit.
As opposed to the swing-trade strategies, we don’t look for huge profits here. We catch the trend and ride, making a small profit in a single trade. Twenty, Thirty Pips and out, day in and day out. A definite plan about where to enter, where to place Stop Loss and where to exit.
This way we have predicted the big fall on EUR/JPY. While most traders were buying because they believed that the uptrend has finally recovered, we sold with confidence using a tight Stop Loss. How?!
If you cut the profits too soon, the big move with profit potential is missed. Now, here is the solution.
"It is of the utmost value to learn how to concentrate. To make the greatest success of anything you must be able to concentrate your entire thought upon the idea you are working on. The person that is able to concentrate utilizes all constructive thoughts and shuts out all destructive ones. The greatest man would accomplish nothing if he lacked concentration".
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