Turning Losing Forex Trades into Winners: Proven Techniques to Reverse Your Losses
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Turning Losing Forex Trades into Winners Proven Techniques to Reverse Your Losses

By Gerald E. Greene
John Wiley & Sons June 2008

Specifications

ISBN-13
9780470187692
Publisher
John Wiley & Sons
Publication
June 2008
Format
Hardback , 224 pages
Jurisdiction
International ? Countri(es) for reference only

Details

An effective way to reverse a trade's fortune

Almost all trading books focus on "winning" trades. But winning trades can be hard to come by, especially when you're just starting out. Turning Losing FOREX Trades into Winners takes a look at this discipline from a different angle, examining effective methods for dealing with trades that are in a losing position. First, it guides the trader through the various steps of determining if a trade is with or against the overall trend. Then, it explains how to decide when a trade should be closed or left open. While this reliable resource is filled with in-depth insights and expert advice that will help readers gain a better understanding of today's FOREX market, it also contains hundreds of chart examples that will provide step-by-step instructions on how traders can recover from losses

Table of Contents

Forward.

Acknowledgments.

Introduction.

Chapter 1. Trading Systems.

Chapter 2. Trend Lines & Trend Walls.

Chapter 3. Convergence & Divergence.

Chapter 4. The Bad Trade.

Chapter 5. Bad Trade Recovery.

Chapter 6. Loss Recovery  with MACD.

Chapter 7. Loss Recovery with Stochastics.

Chapter 8. Loss Recovery with Moving Averages.

Chapter 9. Loss Recovery with Fibonacci Ranges.

Chapter 10. Loss Recovery with Trend Lines.

Conclusion. Loss Recovery in Practice.

Appendix. Ten Pips per Day.

About the Author.

Index.

About the Author

Gerald E. Greene is Senior Vice President of Concorde Forex Group, Inc. He publishes a Forex commentary three times each day, during the London market hours, for Concorde Forex traders worldwide.

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