86,00 €*
Versandkostenfrei per Post / DHL
Aktuell nicht verfügbar
"Wayne McDonell is the most popular Forex speaker on our Web site. His live training and educational events draw large crowds of traders because he can explain complex Forex trading concepts in a common language that anyone can understand. This book does the same. I highly recommend it."
--Francesc Riverola, CEO of [...]
"If you're looking for specific strategies and methods for making money with currency trading, you need to start reading this book today. Wayne knows from experience what it takes to succeed in the Forex markets. He provides step-by-step instructions and explains in common language what to look for in charts and in the news to find profitable trades immediately. Don't make a single Forex trade until you've read this book!"
--Tim Bourquin, founder of The Forex Trading Expo
With The FX Bootcamp's Guide to Strategic and Tactical Forex Trading, McDonell shares his invaluable experience as a Forex trader and commodities trading advisor with you. Filled with in-depth insights and practical advice, this straightforward guide will teach you how to think for yourself and trade successfully--relying on your own technical, fundamental, and even psychological analysis. First, you'll become familiar with the indicators--from moving averages to price support and resistance--that form the foundation of the trading methodologies discussed in the book. Then, you'll discover how to put together a trading plan, and trade that plan for maximum profits. Along the way, McDonell also takes the time to discuss the various challenges you may face while trading Forex and explains how treating your trading operations like a business can improve overall performance.
If you want to be a successful Forex trader, you must have a firm understanding of how the global market works and how to trade it. With The FX Bootcamp's Guide to Strategic and Tactical Forex Trading, you'll quickly learn how to gather intelligence, formulate a strategy, and confidently pull the trading trigger.
"Wayne McDonell is the most popular Forex speaker on our Web site. His live training and educational events draw large crowds of traders because he can explain complex Forex trading concepts in a common language that anyone can understand. This book does the same. I highly recommend it."
--Francesc Riverola, CEO of [...]
"If you're looking for specific strategies and methods for making money with currency trading, you need to start reading this book today. Wayne knows from experience what it takes to succeed in the Forex markets. He provides step-by-step instructions and explains in common language what to look for in charts and in the news to find profitable trades immediately. Don't make a single Forex trade until you've read this book!"
--Tim Bourquin, founder of The Forex Trading Expo
With The FX Bootcamp's Guide to Strategic and Tactical Forex Trading, McDonell shares his invaluable experience as a Forex trader and commodities trading advisor with you. Filled with in-depth insights and practical advice, this straightforward guide will teach you how to think for yourself and trade successfully--relying on your own technical, fundamental, and even psychological analysis. First, you'll become familiar with the indicators--from moving averages to price support and resistance--that form the foundation of the trading methodologies discussed in the book. Then, you'll discover how to put together a trading plan, and trade that plan for maximum profits. Along the way, McDonell also takes the time to discuss the various challenges you may face while trading Forex and explains how treating your trading operations like a business can improve overall performance.
If you want to be a successful Forex trader, you must have a firm understanding of how the global market works and how to trade it. With The FX Bootcamp's Guide to Strategic and Tactical Forex Trading, you'll quickly learn how to gather intelligence, formulate a strategy, and confidently pull the trading trigger.
Preface xi
Introduction 1
Which Do You Do? 2
Part One Basic Training 5
Chapter 1 Lagging Indicators 7
Moving Averages 7
Moving Average Convergence Divergence (MACD) 9
Bollinger Bands 14
Standard Deviation 19
Summary 19
Chapter 2 Leading Indicators 21
Price Support and Resistance 21
Fibonacci Retracements 24
Fibonacci Extensions 29
Summary 33
Part One Summary 34
Part Two Strategic Analysis 37
Chapter 3 How to Gather Market Intelligence to Formulate a Trading Strategy 39
Spy Plane View 39
Inflation Sensation 40
Central Banking 42
Inflation Targeting 42
Cost of Money 42
Money Magnets 43
Interested in Valuation 44
Foreign Exchange 45
Demanding Consequences 45
House of Cards 46
Not Interested 46
Summary 49
Chapter 4 The Carry Trade 51
Free House 53
Scary Carry 54
Power Yen 55
Summary 56
Chapter 5 Forex and the Fed 57
Forex Economics 57
The Federal Reserve System 69
Summary 73
Chapter 6 Commodity Correlations 75
Commodity Correlation: Oil 75
Commodity Correlation: Gold 77
Commodity Correlation: Equities 78
Trading Commodities 81
Summary 81
Chapter 7 Greenback Guru: Why You Should Specialize in Trading U.S. Dollars 83
What's Your USD Bias? 84
Currency Correlation Coefficient 85
Trading Currency Correlation 86
Trading a Basket of Currencies 88
Petrodollars 89
Yet another Reason 90
Summary 90
Part Two Summary 91
Part Three Rules of Engagement 93
What's the Time? 94
Chapter 8 Market Analysis 95
Speed of the Market 95
Momentum of Price 101
Summary 104
Chapter 9 Fundamental Analysis 105
Economic Announcements 105
Global Money Flow 106
Interest Rates and Currency Values 106
Market Bias 107
Announcement Calendar 108
Summary 110
Chapter 10 Technical Analysis 111
Self-Fulfilling Prophecy 111
Range Analysis 112
Trend Analysis 121
Pivot Analysis 126
Summary 132
Chapter 11 Risk Analysis 133
Fear of Loss 133
Fear of Profit 134
Limits 134
FX Bootcamper Credo 135
Limits for Loss 136
Limits for Profit 138
More Tactics for Trade Entry and Exits 139
Your Mind's Eye 140
Do Nothing 141
Do You Have the Guts? 142
Second Chances in Forex 143
Summary 145
Part Three: Summary 146
Part Four Tactical Planning 149
Chapter 12 Candlestick Patterns 151
Reversal Patterns 152
Reverse and Continuation Patterns 158
Trending Only 161
Summary 162
Chapter 13 Range Trading 163
Get in the Ring 163
Floors and Ceilings 164
Over and Out 165
Summary 169
Chapter 14 Trading the News 171
Conservative News Trades 174
Summary 182
Part Four Summary 183
Part Five Psychological Warfare 185
Chapter 15 How to Cope with Pre- and Post-Trading Stress Disorders 187
Going Mental 188
Common Thread 189
Understand Yourself, Understand Your Trades 191
Summary 193
Chapter 16 Trade Journals 195
3X the 4X 201
Summary 202
Chapter 17 Target Practice 203
Summary 205
Chapter 18 Three-Year Plan 213
FX Business Planner 213
Risk Management 216
Summary 222
Part Five Summary 223
Chapter 19 Closing Notes 225
The Genesis of FX Bootcamp 225
Lead by Example 227
Additional Support 228
Index 231
Erscheinungsjahr: | 2008 |
---|---|
Fachbereich: | Betriebswirtschaft |
Genre: | Wirtschaft |
Rubrik: | Recht & Wirtschaft |
Medium: | Buch |
Inhalt: | 256 S. |
ISBN-13: | 9780470187708 |
ISBN-10: | 0470187700 |
Sprache: | Englisch |
Einband: | Gebunden |
Autor: | McDonell, Wayne |
Hersteller: |
Wiley
John Wiley & Sons |
Maße: | 235 x 157 x 18 mm |
Von/Mit: | Wayne McDonell |
Erscheinungsdatum: | 01.09.2008 |
Gewicht: | 0,523 kg |
Preface xi
Introduction 1
Which Do You Do? 2
Part One Basic Training 5
Chapter 1 Lagging Indicators 7
Moving Averages 7
Moving Average Convergence Divergence (MACD) 9
Bollinger Bands 14
Standard Deviation 19
Summary 19
Chapter 2 Leading Indicators 21
Price Support and Resistance 21
Fibonacci Retracements 24
Fibonacci Extensions 29
Summary 33
Part One Summary 34
Part Two Strategic Analysis 37
Chapter 3 How to Gather Market Intelligence to Formulate a Trading Strategy 39
Spy Plane View 39
Inflation Sensation 40
Central Banking 42
Inflation Targeting 42
Cost of Money 42
Money Magnets 43
Interested in Valuation 44
Foreign Exchange 45
Demanding Consequences 45
House of Cards 46
Not Interested 46
Summary 49
Chapter 4 The Carry Trade 51
Free House 53
Scary Carry 54
Power Yen 55
Summary 56
Chapter 5 Forex and the Fed 57
Forex Economics 57
The Federal Reserve System 69
Summary 73
Chapter 6 Commodity Correlations 75
Commodity Correlation: Oil 75
Commodity Correlation: Gold 77
Commodity Correlation: Equities 78
Trading Commodities 81
Summary 81
Chapter 7 Greenback Guru: Why You Should Specialize in Trading U.S. Dollars 83
What's Your USD Bias? 84
Currency Correlation Coefficient 85
Trading Currency Correlation 86
Trading a Basket of Currencies 88
Petrodollars 89
Yet another Reason 90
Summary 90
Part Two Summary 91
Part Three Rules of Engagement 93
What's the Time? 94
Chapter 8 Market Analysis 95
Speed of the Market 95
Momentum of Price 101
Summary 104
Chapter 9 Fundamental Analysis 105
Economic Announcements 105
Global Money Flow 106
Interest Rates and Currency Values 106
Market Bias 107
Announcement Calendar 108
Summary 110
Chapter 10 Technical Analysis 111
Self-Fulfilling Prophecy 111
Range Analysis 112
Trend Analysis 121
Pivot Analysis 126
Summary 132
Chapter 11 Risk Analysis 133
Fear of Loss 133
Fear of Profit 134
Limits 134
FX Bootcamper Credo 135
Limits for Loss 136
Limits for Profit 138
More Tactics for Trade Entry and Exits 139
Your Mind's Eye 140
Do Nothing 141
Do You Have the Guts? 142
Second Chances in Forex 143
Summary 145
Part Three: Summary 146
Part Four Tactical Planning 149
Chapter 12 Candlestick Patterns 151
Reversal Patterns 152
Reverse and Continuation Patterns 158
Trending Only 161
Summary 162
Chapter 13 Range Trading 163
Get in the Ring 163
Floors and Ceilings 164
Over and Out 165
Summary 169
Chapter 14 Trading the News 171
Conservative News Trades 174
Summary 182
Part Four Summary 183
Part Five Psychological Warfare 185
Chapter 15 How to Cope with Pre- and Post-Trading Stress Disorders 187
Going Mental 188
Common Thread 189
Understand Yourself, Understand Your Trades 191
Summary 193
Chapter 16 Trade Journals 195
3X the 4X 201
Summary 202
Chapter 17 Target Practice 203
Summary 205
Chapter 18 Three-Year Plan 213
FX Business Planner 213
Risk Management 216
Summary 222
Part Five Summary 223
Chapter 19 Closing Notes 225
The Genesis of FX Bootcamp 225
Lead by Example 227
Additional Support 228
Index 231
Erscheinungsjahr: | 2008 |
---|---|
Fachbereich: | Betriebswirtschaft |
Genre: | Wirtschaft |
Rubrik: | Recht & Wirtschaft |
Medium: | Buch |
Inhalt: | 256 S. |
ISBN-13: | 9780470187708 |
ISBN-10: | 0470187700 |
Sprache: | Englisch |
Einband: | Gebunden |
Autor: | McDonell, Wayne |
Hersteller: |
Wiley
John Wiley & Sons |
Maße: | 235 x 157 x 18 mm |
Von/Mit: | Wayne McDonell |
Erscheinungsdatum: | 01.09.2008 |
Gewicht: | 0,523 kg |