Hardcover. 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 .Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability. 224 pages. 0.420. N° de ref. de la librería
Sinopsis: 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.
The RDS Forex System is an ideal guide for retail traders actively involved in the forex market.
From the Inside Flap:
As an independent trader, you assume the role of risk manager, forecaster, economist, and computer technician, as you attempt to place profitable buy and sell orders. While these activities may be demanding, would you want it any other way? After all, nobody cares more about your money than you do.
Over the course of their successful trading careers—as they skillfully shifted from open-outcry pit traders to the more prevalent "screen traders" of today's modern financial world—authors Michael and Stephanie Radkay developed a distinct approach to making the best trading decisions possible. After solidifying their sought-after approach in the commodity futures industry, they applied it to the growing forex market in 2005. Now, with The RDS Forex System, they share their experience in this field with you.
While there are many markets to choose from when trading, foreign exchange, or forex, seems to fit every risk tolerance and is a great place to start and grow. Engaging and informative, The RDS Forex System outlines a unique trading methodology called the Rotating Directional System (RDS) that will allow you to excel in this arena. This five rule– based discretionary trading methodology establishes risk management first, and offers you a trend-side philosophy that predicts time and price objectives using counter-trend reversals as a guide for entries, exits, and overall worth of the trade. Along the way, you'll discover how it combines both technical and fundamental concepts to help you confidently buy or sell as well as time your trades with precision and accuracy.
Written by independent traders, for independent traders, this reliable resource takes you step by step through this proven process with coverage that includes:
The five core RDS Rules: Homework, Neutral, Distance Run, Window of Opportunity, and Relative Strength Index (RSI)
Understanding the ebb and flow of prices to reveal when to get on and off of a trend
Aligning your most productive hours with the time that market prices tend to move
Preparing for known events, from Federal Reserve (FOMC) and foreign central bank meetings to the unemployment/jobs data report
And much more
No strategy has any merit unless you continuously review it, so at the end of the book, the authors offer performance evaluations and peak performance tips to help create the longevity and consistency you seek in the markets today and tomorrow.
As founders of the trading education company RDS Trader LLC, Michael and Stephanie Radkay have helped traders compete in the most dynamic markets in the world for almost twenty years. Now, with The RDS Forex System, they will put you in a better position to successfully navigate the competitive forex market while arming you with the tools and strategies to make it in other markets as well.
Título: The RDS Forex System (Hardcover)
Año de publicación: 2012
Condición del libro: New
Descripción Wiley, 2012. Hardcover. Estado de conservación: Very Good. Great condition with minimal wear, aging, or shelf wear. Nº de ref. de la librería P021118096681
Descripción Wiley & Sons, Incorporated, John. Hardcover. Estado de conservación: Good. Ex-Library Book - will contain Library Markings. Book shows a small amount of wear to cover and binding. Some pages show signs of use. Nº de ref. de la librería G1118096681I3N10
Descripción Wiley, 2012. Hardcover. Estado de conservación: New. Never used!. Nº de ref. de la librería P111118096681
Descripción Wiley, 2012. Hardcover. Estado de conservación: Like New. Almost new condition. Nº de ref. de la librería P011118096681