Login

Burgess, Gareth

Trading and Investing in the Forex Markets Using Chart Techniques

Burgess, Gareth - Trading and Investing in the Forex Markets Using Chart Techniques, ebook

74,40€

Ebook, ePUB with Adobe DRM
ISBN: 9780470685020
DRM Restrictions

Printing67 pages with an additional page accrued every 11 hours, capped at 67 pages
Copy to clipboard11 excerpts

The financial markets are made up of people from very diverse backgrounds but whether by long or short term investment these market participants all have a desire to win by varying degrees.  Many market participants, especially short term traders are often too interested in the release of some fundamental statement or some rumor or the latest bank recommendations than in the trading price of the asset which leads them to trade and fail because of emotions based trading.  The daily price movements, the patterns, the volatility that appear on charts, are for whatever reason, the results of the actions of the crowd.  To avoid making decisions based on heightened emotions, it is necessary to create your own plan based on your own analysis. 

This book has been developed to demonstrate how a few relatively straight forward techniques can create a plan that does not rely on outside investment recommendations and therefore takes the emotions out of trading. The book demonstrates how to interpret the market price action in the shape of forms or patterns and Japanese candlesticks to help you:


  • Find markets that are changing from bullish to bearish and from bearish to bullish


  • Locate entry and exit points


  • Monitor the position for signs of change.

The book provides a series of charting techniques involving the use of candlesticks as graphical representations of market price actions in the Foreign Exchange markets. It presents methods of chart technical analysis for medium to long-term investing, in a market where despite strong returns when compared with other asset types, it is difficult to realize a profitable return.

The title does not dwell on already-known 'signals' represented by candlestick formations, but concentrates instead on how to confirm these signals by applying a variety of confirmation techniques which form a step-by-step process through the chapters of the book to finish by 'Putting It All Together'.

Author(s)
Publisher
John Wiley and Sons, Inc.
Publication year
2009
Language
en
Edition
1
Series
Wiley Trading
Page amount
232 pages
Category
Information Technology, Telecommunications
Format
Ebook
eISBN (ePUB)
9780470685020
Printed ISBN
9780470745274

Similar titles