Download PDF Three Lines: Forecasting Forex Price ActionBy Mr. R. Rana
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Three Lines: Forecasting Forex Price ActionBy Mr. R. Rana
Download PDF Three Lines: Forecasting Forex Price ActionBy Mr. R. Rana
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Three Lines is a practical guide to foreign exchange trading that offers a simple strategy for forecasting future price movements based on the fundamental economic mechanism of demand and supply.
Just a few years ago, it was nearly impossible for the average investor to trade in the forex market online. What was once the domain of corporations, large financial institutions, central banks, hedge funds, and very wealthy individuals is now open to just about anyone with an Internet connection. Today, the forex is one of the largest financial markets in the world.
The forex market is driven by demand and supply. The primary purpose of this book is to show how a trader can effectively predict the next price move, once he knows how to spot demand and supply imbalance points on what are known as candlestick charts.
Topics covered include:
- Introduction to the foreign exchange
- Technical analysis
- Trends in forex markets
- Demand and supply zones
- Trading psychology
- Money management tips
- Trading plans
- Using the Metatrader 4 platform
Whether you’re a novice or a professional trader, you’re sure to gain something new from the in-depth information and pragmatic advice provided in this book.
- Sales Rank: #8305767 in Books
- Published on: 2016-01-30
- Original language: English
- Dimensions: 9.00" h x .39" w x 6.00" l, .70 pounds
- Binding: Paperback
- 164 pages
From the Author
Learn to forecast future price movements using the simple but powerfuldemand and supply strategy with this detailed guide to successful, rule-basedforex trading.
From the Back Cover
Buying and selling on the foreign exchange market is easy.Almost anyone with an Internet connection can do that. However, making money inforex trading is not so easy.
The market isn't driven by logic. Emotions, greed, andwariness move the market. Therefore, you need to be disciplined to beconsistently profitable over the long term.
When to buy and sell, how to protect yourself from baddecisions, what the signs for getting out are--these are parameters that youshould be aware of before you place your trade.
This book provides detailed information on how you can be asuccessful forex trader, offering an enhanced understanding of the forexmarket, a rule-based strategy for buying and selling currency pairs, a sampletrading plan, money management tips, and more.
Onceyou learn the powerful three-line strategy taught in this book, you'll be onthe road to forex trading success!
About the Author
R. Rana is an MBA graduate from the Netherlands who currently lives in Germany. After working as project manager in multinational companies for more than ten years, he left the corporate world in 2011. He has been trading on the foreign exchange market since 2008, and one of his major research areas is forex technical analysis.
He enjoys meditation, travel, and keeping up with economic news.
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