A Three Dimensional Approach To Forex Trading

If you aspire to becoming a full time forex trader, then this is the book for you. Even if your dream is perhaps more modest, and you simply want to have a second income trading the forex markets, then again, this book is for you.It has been written with one clear objective in mind. To explain how and why currencies move in the way that they do, using the combined power of relational, technical and fundamental analysis. Combine this with a three dimensional approach to trading itself, using multiple time frames and multiple chart analysis, and the world of foreign exchange will become crystal clear.Many aspiring traders, simply do not realize that the forex market sits at the heart of the financial world, which, when you think about it logically, is really common sense. After all, this is the biggest money market in the world, and if the financial markets are about one thing, they are about money. Making it, protecting it, or increasing the return. It's no surprise therefore, that the forex market connects all the others. It is the central axis of the financial world, around which all the others spin. In the book, you will discover how changes in market sentiment in the primary markets of commodities, stocks, bonds and equities, are then reflected in the currency markets. This is something which often surprises novice traders. After all, why look at a stock index, or the price of gold, or a bond market? The answer is very simple. It is in these markets where you will find all the clues and signals, which then reveal money flow. After all, the financial markets are all about risk. In other words, higher returns for higher risk, or lower returns for lower risk. It really is that simple. And yet, how many forex traders ever consider associated markets. The answer is very few. You will be one of those enlightened traders who truly understands money flow and risk, and your confidence as a trader will grow exponentially as a result.And in case you were wondering, this is NOT another book explaining forex trading strategies. In fact there are none at all, surprising given the book's length. If this is what you are looking for, please DO NOT buy this book. It has been written for two specific audiences. The first is the novice forex trader, for whom this is a new market. The second is the forex trader who has attempted to trade in foreign exchange, but failed, and has been left confused by the apparent random and chaotic behavior of this volatile market. Reading this book will provide you with a deep understanding of how and why the markets move in the way they do. Whilst the forex market is a complex mix, it is not complicated, once you understand the people, their motives and the currencies themselves. Each chapter builds on the last in a logical sequence, and every topic is explained in a simple and clear way. Even those markets such as bonds, which few traders ever understand, are explained very simply. Every topic is illustrated with clearly annotated charts, to help and guide you as you learn. Equally important is the concept of change. Indeed you may have other books on your bookshelf written many years ago and explaining how the forex market works. Well, as you will discover, the rule book has been torn up. No longer is this a simple market of trending currency pairs. This all changed in the financial tsunami which engulfed the world in 2007/2008, and with it the forex world changed too!If this is news to you, then yet another reason to buy the book. Long gone are the days when currency pairs meandered their way higher and lower in long term trends, driven by interest rate differentials. To take advantage, you need to understand the forces which now drive the markets.A Three Dimensional Approach To Forex Trading will empower you with knowledge. Knowledge and confidence go hand in hand. Confidence breeds success, and success breeds money, which will then flow from reading the book - Anna

Is this book for me? If you aspire to become a full-time forex trader, then this is the book for you. Even if your dream is perhaps more modest, and you simply want a second income trading the forex markets, this book is for you. What will I learn? It has been written with one clear objective. To explain how and why the currency markets move in the way they do. Namely, the forces, the factors, and the manipulators. Many aspiring traders simply do not realize that the forex market sits at the heart of the financial world, which, when you think about it logically, is common sense. This is the biggest money market in the world, and if the financial markets are about one thing, they are about money. Making it, protecting it, or increasing the return. It’s no surprise, therefore, that the forex market connects all the others. Put simply, the forex market is the ultimate barometer of risk. How will it help me? First, you will discover how changes in market sentiment in the primary markets of commodities, stocks, bonds, and equities are reflected in the currency markets. This is something that often surprises novice traders. After all, why look at a stock index, or the price of gold, or a bond market? The answer is very simple. It is in these markets that you will find all the clues and signals, which then reveal money flow. After reading the book, you will be one of those enlightened traders who truly understand money flow and risk, and your confidence as a trader will grow exponentially as a result. Here are some more reasons.... Long gone are the days when currency pairs meandered higher and lower in long-term trends, driven by interest rate differentials. To take advantage, you need to understand the forces which now drive the markets. A Three Dimensional Approach To Forex Trading will empower you with knowledge. Knowledge and confidence go hand in hand. Confidence breeds success, and success breeds money, which will flow from reading the book.

Forex For Beginners Forex For Beginners is the sequel to my first two books, A Three-Dimensional Approach to Forex Trading and A Complete Guide to Volume Price Analysis. It is your primer to the world of forex. It has been written to lay the foundations and provide the framework for getting started in the world of forex in what I believe is the correct way. My other books then build on what you will learn here to develop your trading skills and knowledge further. Applying what you learn In all my books, I try to show you how to apply that knowledge to help you become a more confident trader. After all, learning is all well and good, but if we are not taught how to apply that knowledge in a practical way, then it is of little use. It is the application of knowledge that empowers one, and this is what I have tried to do here and in all my education programs, such as The Complete Forex Trading Program. It’s all about risk There are, of course, many books about forex trading. What is different about this book is the focus on those aspects of trading, which I believe are fundamental. After all, there are only two questions we need to answer when considering a position in the market:- What is the risk on this trade - high, medium or low? What is the financial risk on this trade? The first is the hardest question to answer, and the book will explain in detail the analysis and approach to answer this question confidently. The second question is more straightforward and can be answered provided you understand risk, money management, and position sizing in relation to your trading capital. Again, this is covered in detail in the book. As the tagline on the front cover says ‘What you need to know to get started, and everything in between’ which really sums up what you will learn. What you will discover The book explains everything, from the pure mechanics to the trading methodology that I advocate and have used in all my trading and investing for over 25 years. Forex For Beginners is also dedicated to all those traders who have asked me to write such an introduction based on my knowledge and methodology. This book is for you and for every other aspiring forex trader.

For many traders, price and the price chart itself are the beginning and the end of technical analysis. All they consider is the price and nothing else. However, for myself, and many others, this approach completely ignores the extension of price to its logical association with volume, which together reveals the market's true intent, and whether a move is genuine or fake. This approach was first developed by the founding father of technical analysis, Charles Dow, more than a century ago, and then further developed and codified by Richard Wyckoff into his three laws, and what I now call Volume Price Analysis. In this book you will discover how to apply volume price analysis to your own forex trading, regardless of whether you are a scalper or longer term swing or trend trader. Through over 100 worked chart examples, with annotations, you will learn how to read the market for yourself, and anticipate where the market is going next. No longer will you be caught off guard, or trapped into weak positions. And in addition you can apply this powerful methodology directly to your trading, or it can be integrated and blended into existing trading tactics and strategies. All that is required is a chart with volume and price. Volume price analysis answers the one question all traders want an answer to: Where is the market heading next?

It was good enough for them What do Charles Dow, Jesse Livermore, and Richard Ney have in common? They used volume and price to anticipate where the market was heading next, and so built their vast fortunes. For them, it was the ticker tape, for us it is the trading screen. The results are the same and can be for you too. You can be lucky too I make no bones about the fact I believe I was lucky in starting my own trading journey using volume. To me it just made sense. The logic was inescapable. And for me, the most powerful reason is very simple. Volume is a rare commodity in trading - a leading indicator. The second and only other leading indicator is price. Everything else is lagged. It's a simple problem As traders, investors or speculators, all we are trying to do is to forecast where the market is heading next. Is there any better way than to use the only two leading indicators we have at our disposal, namely volume and price? And such a powerful solution In isolation, each tells us very little. After all, volume is just that, no more no less. A price is a price. However, combine these two forces together, and the result is a powerful analytical approach to confidently forecasting market direction. What you will discover This book takes all the principles from A Complete Guide To Volume Price Analysis and applies them across all the timeframes with over 200 worked examples, all annotated and with a full explanation of the key lessons. So whether you're a day trader or longer-term investor, this book is the perfect platform to set you on the road to success and join those iconic traders of the past.

What do Charles Dow, Jesse Livermore, and Richard Ney have in common? They used volume and price to anticipate where the market was heading next and so built their vast fortunes. For them, it was the ticker tape; for us, it is the trading screen. The results are the same and can be for you, too. I make no bones about believing I was lucky to start my own trading journey using volume. To me it just made sense. The logic was inescapable. And for me, the most powerful reason is very simple. Volume is a rare commodity in trading - a leading indicator. The second and only other leading indicator is price. Everything else is lagged. There's ONLY one question! As traders, investors, or speculators, all we are trying to do is to forecast where the market is heading next. Is there any better way than to use the only two leading indicators we have at our disposal, namely volume and price? In isolation, each tells us very little. After all, volume is just that, no more no less. A price is a price. However, combine these two forces, and the result is a powerful analytical approach to forecasting market direction with confidence. What you will discover This book will teach you all you need to know from first principles. So whether you're a day trader or a longer-term investor in any market, instrument, or timeframe, this book is the perfect platform to set you on the road to success and join those iconic traders of the past. All you need to succeed is a chart with volume and price…simple.

For many traders, price and the price chart itself are the beginning and the end of technical analysis. All they consider is the price and nothing else. However, for myself, and many others, this approach completely ignores the extension of price to its logical association with volume, which together reveals the market's true intent, and whether a move is genuine or fake. This approach was first developed by the founding father of technical analysis, Charles Dow, more than a century ago, and then further developed and codified by Richard Wyckoff into his three laws, and what I now call Volume Price Analysis. In this book you will discover how to apply volume price analysis to your own forex trading, regardless of whether you are a scalper or longer term swing or trend trader. Through over 100 worked chart examples, with annotations, you will learn how to read the market for yourself, and anticipate where the market is going next. No longer will you be caught off guard, or trapped into weak positions. And in addition you can apply this powerful methodology directly to your trading, or it can be integrated and blended into existing trading tactics and strategies. All that is required is a chart with volume and price. Volume price analysis answers the one question all traders want an answer to: Where is the market heading next?

Master technical analysis, step-by-step! Already the field's most comprehensive, reliable, and objective introduction, this guidebook has been thoroughly updated to reflect the field's latest advances. Selected by the Market Technicians Association as the official companion to its prestigious Chartered Market Technician (CMT) program, Technical Analysis, Third Edition systematically explains the theory of technical analysis, presenting academic evidence both for and against it. Using hundreds of fully updated illustrations and examples, the authors explain the analysis of both markets and individual issues, and present complete investment systems and portfolio management plans. They present authoritative, up-to-date coverage of tested sentiment, momentum indicators, seasonal effects, flow of funds, testing systems, risk mitigation strategies, and many other topics. Offering 30% new coverage, Technical Analysis, Third Edition thoroughly addresses recent advances in pattern recognition, market analysis, systems management, and confidence testing; Kagi, Renko, Kase, Ichimoku, Clouds, and DeMark indicators; innovations in exit stops, portfolio selection, and testing; implications of behavioral bias, and the recent performance of old formulas and methods. For traders, researchers, and serious investors alike, this is the definitive guide to profiting from technical analysis.