Synopses & Reviews
The foreign exchange (forex) market is one of the most dynamic markets in the world. Its flexibility and 24-hour accessibility offer traders tremendous profit-making opportunities. But it takes more than a firm understanding of the tools and techniques of this discipline to make the most of your time in the forex market. What it really takes is the guidance of someone who has participated, and prevailed, in this type of fast-paced environment.
In Thirty Days of Forex Trading, Raghee Hornerone of today's top forex traders and a master teacher of trading systemsshares her experiences in this field, by chronicling one full month of trading real money.
Part instructional guide, part trading journal, Thirty Days of Forex Trading opens with a detailed discussion of all the strategies you will see play out in the coming daysthe entries, the exits, and the explanations. Here, Horner takes the time to examine the essential elements of her craft, from different trading styles (momentum, swing, and wave/CCI) and order types (stops, limits, as well as conditional orders) to time-tested indicators (trendlines, MACD, CCI, and The Wave).
After introducing you to the tools of her trade, Horner moves on to show you exactly what she does, day after day, to find potentially profitable opportunities in the forex market. Each chapter of this book contains one day's worth of trading activitieseach with its own unique lesson. For example, on Wednesday, February 1, Horner explains everything from scanning for potential setups each morning to trading market overlaps. While on Tuesday, February 14, Horner discusses how and why she took the EUR/USD short. As you follow Horner through each day, you'll not only discover how to enter and exit forex trades for maximum profits, you'll also learn how to ask and answer the questions that help you manage both the risk and reward of a trade.
To support the concepts found throughout this book, a companion CD-ROM has also been included. In it, many of the trades executed in the book are fully analyzed, described, and talked through by the author.
Filled with in-depth insight and practical advice, Thirty Days of Forex Trading can help you become a more effective and profitable trader.
Synopsis
Whether you're a full-time trader looking to make a living or a part-time trader looking to make some extra money, the foreign exchange (forex) market has what you desirethe potential to make sizeable profits and 24/7 accessibility.
But to make it in today's forex market, you need more than a firm understanding of the tools and techniques of this discipline. You need the guidance of someone who has participated, and prevailed, in this type of fast-paced environment.
Raghee Horner has successfully traded in the forex market for over a decade, and now, in Thirty Days of Forex Trading, she shares her experiences in this field by chronicling one full month of trading real money. First, Horner introduces you to the tools of the forex trade, and then she moves on to show you exactly what she does, day after day, to find potentially profitable opportunities in the forex market.
Part instructional guide, part trading journal, Thirty Days of Forex Trading will show youthrough Horner's firsthand exampleshow to enter the forex market with confidence and exit with profits.
Synopsis
Whether you're a full-time trader looking to make a living or a part-time trader looking to make some extra money, the foreign exchange (forex) market has what you desire--the potential to make sizeable profits and 24/7 accessibility.
But to make it in today's forex market, you need more than a firm understanding of the tools and techniques of this discipline. You need the guidance of someone who has participated, and prevailed, in this type of fast-paced environment.
Raghee Horner has successfully traded in the forex market for over a decade, and now, in Thirty Days of Forex Trading, she shares her experiences in this field by chronicling one full month of trading real money. First, Horner introduces you to the tools of the forex trade, and then she moves on to show you exactly what she does, day after day, to find potentially profitable opportunities in the forex market.
Part instructional guide, part trading journal, Thirty Days of Forex Trading will show you--through Horner's firsthand examples--how to enter the forex market with confidence and exit with profits.
About the Author
RAGHEE HORNER is an accomplished trader with more than fifteen years in the futures, stocks, and forex markets. She is the founder of EZ2 Trade Software and lead trader of Trade Direct FX. Horner has written more than 100 articles on trading, has been featured in Technical Analysis of Stocks & Commodities and eSignal's "Trading with the Masters." She is a sought-after speaker who has conducted seminars throughout the United States, Canada, the Carribean, and Asia as well as a popular presenter at the Forex Trading Expo and the Online Trading Expo. Horner is the author of Forex Trading for Maximum Profit (Wiley). Visit her at www.raghee.com.
Table of Contents
Acknowledgments.
Introduction: The Mechanics of Trading.
The Thirty Days of trading.
Day 1. Tuesday, January 31st.
Day 2. Wednesday, February 1st.
Day 3. Thursday, February 2nd.
Day 4. Friday, February 3rd.
Day 5. Monday, February 6th.
Day 6. Tuesday, February 7th.
Day 7. Wednesday, February 8th.
Day 8. Thursday, February 9th.
Day 9. Friday, February 10th.
Day 10. Sunday, February 12th.
Day 11. Monday, February 13th.
Day 12. Tuesday, February 14th.
Day 13. Wednesday, February 15th.
Day 14. Thursday, February 16th.
Day 15. Friday, February 17th.
Day 16. Monday, February 20th.
Day 17. Tuesday, February 21st.
Day 18. Wednesday, February 22nd.
Day 19. Thursday, February 23rd.
Day 20. Friday, February 24th.
Day 21. Monday, February 27th.
Day 22. Tuesday, February 28th.
Day 23. Wednesday, March 1st.
Day 24. Thursday, March 2nd.
Day 25. Friday, March 3rd.
Day 26. Sunday, March 5th.
Day 27. Monday, March 6th.
Day 28. Tuesday, March 7th.
Day 29. Wednesday, March 8th.
Day 30. Thursday, March 9th.
Conclusion: A Follow-Up and the Wave/CCI Setup.
Conversation with Raghee Horner: Interview by Linus K. Ahnis.
About the CD-ROM.
Index.