After growth, there is always a temporary slowdown, which again turns into high growth. As a result, prices move zigzag. Peaks of these up-and-down movements from local highs and lows. There are trends of boom and slowdown. A fast trend is on the rise. To determine the direction of a trend, a trader draws a line through the ascent.

It is assumed that the value will carry forward the same oscillation movements. If there is an uptrend in the money market, then you should open the buy position. One of the methods is to track movement over different timeframes depending on the trend.

When is the best time to enter a forex trade?

A higher time frame indicates the direction of the value. Then you should find a shorter time frame. If the high and low time-frame instructions coincide, the entry point will be at the beginning of their joint movement. Price always moves in a curve. If the range of fluctuations is wide, so-called price channels with support and resistance levels are formed. The optimal foreign exchange entry points are locations at these levels.

The trader buys at the support level and sells at the resistance level.

A good way to enter the market at the time of trend reversal. In the case of successful opening of transactions, we will find ourselves at the beginning of the emerging trend, having achieved maximum benefits due to the larger dimension of the price movement. Trend reversal is determined visually and with the help of indicators. There are also situations when there is a sudden reversal due to various fundamental aspects.

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Whether a novice trader, professional or somewhere in-between, these books will provide the advice and strategies needed to prosper today and well into the future. For a list of available titles, please visit our Web site at www. PrefaceH igh Probability Trading Strategies is one of the few trading books from which you can learn a complete trade management plan from entry to exit.

If you are a new trader or one who has not yet found consistent success in the business of trading futures, stocks, or forex, you will learn specific trade strategies, from how to identify high probability trade conditions, to the specific entry and stop price, through exit strategies that are designed to maximize the gain from any trend.

If you are an experienced and successful trader, I know that you will recognize several key strategies to incorporate into your existing trade plan that should immediately increase your success. I've been teaching these strategies for over 20 years to traders around the world. I've refined and simplified the strategies over the years to get to the core of the most important information a trader needs to make a trading decision and manage the trade.

The combination of book and CD will provide more information in a better learning environment than I can offer in an expensive weekend workshop. You will learn my unique approach to the four main factors of technical analysis, including Multiple Time Frame Momentum setups and the one main guideline to recognize the pattern structure of trends and corrections. Plus you will learn my Dynamic Price and Time Strategies to identify in advance the probable price and time targets for trends and corrections.

You will learn two powerful and logical objective entry techniques and how to manage a trade for short-and intermediate-term gains through the trade exit in any market and any time frame. I've also devoted an entire chapter called "Real Traders, Real Time" Chapter 8 with trade examples submitted by my past students, who show how they apply every day the strategies you learn in this book to markets from around the world.

The video CD takes the learning experience to a much higher level than any book is able to do on its own. In the video CD, you will see more examples of how to apply the High Probability Trading Strategies for many markets and time frames in bar-bybar and step-by-step recordings.

Be sure to read the book first, cover to cover, before watching the video CD. The CD material assumes you have learned the techniques and strategies taught in the book. I'm sure High Probability Trading Strategies and the accompanying video CD will become one of your most important trading reference materials. It may even become the complete trading plan you have been looking for to manage trades from entry to exit for any market and any time frame.

Unlike most trading books, it will teach you a complete trading plan from entry to exit. Not a few well-chosen examples of isolated trade setups and strategies, but exactly how to recognize optimal trade conditions, objective entry strategies with the exact entry and exit price, and how to manage the trade with stop-loss adjustments to the trade exit.

The majority of trading books focus on a few techniques and show a plethora of carefully chosen examples to support whatever is being taught. Some of the phrases often used are "You could have bought around here or taken profit around here"; "depending on whether you are a conservative or aggressive trader, you could do. Brokers don't take orders "around this or that price level. There is no such thing as a conservative or aggressive trader. There are only traders who either follow a trading plan or don't.

To maybe do this or that "around" a volatility band or any other indicator or chart position is not a trade strategy. A trade strategy is a specific action to take, including the specific buy and sell price. In other words, worthwhile instruction will teach you exactly what to do and how and when to do it. While many trading books do teach some useful specific trading techniques or at least provide some ideas to explore, it is very unusual for a book or any other type of trading course to teach exactly what to do, from how to recognize a trading opportunity, to the exact entry and stop price, and how to manage the trade until it is closed out.

That is what this book does. It will teach you a high probability trade plan with specific strategies from entry to exit. Most important, it will teach you how to think about the four key factors of momentum, pattern, price, and time; how to recognize what is useful and relevant market information that can be used to make a specific trade decision; and then how to execute the trade decisions from entry to exit.

It takes a lot of screen captures of charts to illustrate a trade campaign from entry to exit, no matter what market or time frame is used. Thus, this book has a lot of charts. I've taken care that the information on each chart should be quickly and easily understood. Most charts include text comments pointing out the most relevant information based on what I teach you throughout the book. They agreed, and the addition of the CD trade examples makes this package a complete learning experience. Don't rush to watch the CD. The book provides all the background for what is shown in the CD.

In the CD recordings, I assume you have read the book, cover to cover. I assume you are familiar with all the terminology, trade strategies, and book examples. You will be lost watching the CD if you haven't first read the book. The CD is not a review or regurgitation of the material in the book. Rather, it provides the medium to be able to show more examples but in a bar-by-bar recording, so you can better see how the strategies taught in the book are put into practice day by day and bar by bar for many different markets and many different time frames.

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• forex trading - advanced fundamental analysis;
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• How To Use Forex Entry And Exit Strategy And Be More Successful!

I believe this book and CD combination provides a better learning experience than even most live workshops, because you can study all the material at your own pace and replay the recorded CD examples over and over. Stocks, exchange-traded funds ETFs , futures, and Forex examples are used.

7 Powerful Entry Techniques to Find Exact Forex Entry Point

The same market structure is made day in and day out in all of these markets and in all time frames, from monthly to intraday data. If an example is not a market or time frame you typically trade, ignore the symbol and focus on what is to be learned. The strategy taught will apply to all markets and time frames.

You will learn the four main factors of any market position and how to identify if each is in a position for a high probability outcome. When a market is set up for change from four different perspectives, the trader has an enormous edge, much more so than if only one or two of the factors are in the same position.

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To win in the business of trading, just as in any other business, you must have an edge. The edge you learn in this book is to recognize when a market is in a position to complete a correction or a trend so you can enter a trade at the end of a correction in the direction of the trend or in the very early stages of the new trend and sell in the very late stages often within one or two bars of the low or high. Just as a farmer must know the optimal time to plant and harvest a crop, the trader must know the optimal time to buy and sell a position. Buying or selling too early or too late can result in, at worst, unacceptable losses or, at best, not maximizing the return from a position.

The trader must clearly understand the relevant information about the market position to recognize the optimal conditions to buy or sell. Markets can seem very complex. The plethora of relatively inexpensive trading software available with hundreds of studies and indicators can overwhelm a trader with often conflicting information, making it difficult to focus on the relevant information needed to make a confident trade decision. The high probability approach taught in this book recognizes four market perspectives: multiple time frame momentum, simple pattern recognition, price reversal targets, and time reversal targets.

The information from any one of these four perspectives could be overwhelming. But in this book, you will learn how to focus on just those few bits of relevant information from each perspective that should quickly identify both the market position and whether a market is in a high probability position for a trade.

I rarely do live workshops, but when I do I present a special exercise at the end of the session. I tell the students that I can apply what I have taught them to any symbol, including stocks, ETFs, futures, or Forex, and it will take three minutes or less to process all of the information needed to identify whether the symbol is in a high probability position for a trade setup or what that particular market must do to become a high probability trade setup.

Price Action Entry Rules: How to 'Enter' at the Break

I have the students write any symbol on a piece of note paper. We collect them in a hat and I draw them out one by one. In less than three minutes, I apply everything I have taught them and arrive at a conclusion what is the probable market position of the symbol and the specific trade strategies. You, too, will be able to do this after you have studied this book and viewed the CD examples. If a trader focuses on just the limited, relevant information needed to make a high probability trade decision, the chance of success is great.

Every indicator or oscillator in every trading platform and charting program is a lagging indicator. A lagging indicator will show you how the current market position relates to past data for the lookback period, but has little predictive capabilities. A momentum indicator can be useful to help identify trend direction and trade execution if used with the unique multiple time frame momentum strategy you will learn in this book.