Radkay, Michael

The RDS Forex System: A Breakthrough Method To Profiting from Market Turning Points

Radkay, Michael - The RDS Forex System: A Breakthrough Method To Profiting from Market Turning Points, ebook


Ebook, ePUB with Adobe DRM
ISBN: 9781118236987
DRM Restrictions

Printing77 pages with an additional page accrued every 10 hours, capped at 77 pages
Copy to clipboard5 excerpts

Inside a unique system that allows you to identify and trade key turning points in the forex market

The financial markets are in a constant state of affirming, breaking, and developing new support and resistance areas. Traders use a variety of methods to project support and resistance points based on past price action. However, the question of whether those areas will hold or break in real time is a much more difficult calculation. In The RDS Forex System, former pit trader Michael Radkay provides forex traders with a unique system for identifying support and resistance zones in the foreign currency market and developing profitable trading strategies around those zones.

The system uses market volatility, momentum, and chart patterns to calculate support and resistance zones. As prices reach a specific zone objective, trading strategies are put in place to profit from the next movement. The book will show how this system gives traders a continuous sense of the market's directional bias, identifies potential turning points, and recommends levels to take profits off the table.

  • Highlights the Rotating Directional System (RDS), a computer-based, longer-term application of the methodology used by many successful pit traders
  • Discusses how to use a variety of indicators to identify support and resistance areas
  • Reveals strategies employed to profit from market swings

The RDS Forex System is an ideal guide for retail traders actively involved in the forex market.

Keywords: Trading, Michael Radkay, Mike Radkay, Radkay, rds forex system, rotating directional system, RDS trader llc, RDS trader, rdstrader.com, price action, trade set ups, trade set-ups, enter forex markets, exit forex markets, market turning points, identifying market turning points, forex turning points, turning points in the forex market, support and resistance points, support and resistance, pit trader Radkay, support and resistance in the foreign currency market, support and resistance in the forex market, finding support and resistance in the forex market

John Wiley and Sons, Inc.
Publication year
Wiley Trading
Page amount
256 pages
Printed ISBN

Similar titles