Forex Patterns and Probabilities

 

Getting Started in Forex 
From Stocks to Forex 
Getting to Wall Street 
Welcome to the Jungle 
Football and Forex 
Stock Market Headaches 
Welcome to Forex 
A New Beginning

All About Forex
The Canadian Dollar and the U.S. Dollar 
The Euro and the U.S. Dollar 
Trading Terminology 
An Easy Way to Understand the Exchange Rate 

Questions and Answers 
Why Does the Big Money Trade Forex? 
Why Is Forex Suddenly So Popular? 
How Do Traders Make Money in the Forex Market? 
Why Do Currencies Trade in Pairs? 
How Can I Trade Two Currencies at One Time? 
How Is 24-Hour-per-Day Trading Possible? 
How Is the Trading Day Structured? 
Greenwich Mean Time 

Technical Analysis and the Forex Market 
The Theory behind Technical Analysis 
Statistical Survey 
Fear of the Unknown 
Trading Patterns and Technical Indicators 
The Psychology behind the Market 
Moving Beyond Technical Analysis 
Trends 
Proper Order 
Fibonacci Techniques 

Things You Need to Know Before Trading Forex 
The “Triple Threat” Trader 
Gaining Experience 
Which Pair to Trade? 
Commodity Currencies 
Don’t Limit Yourself 
Trading and Karma 
Schadenfreude 

Trading Strategies for Trending Markets 

Understanding Trends and Tendencies 
Trading Conditions 
The Importance of Maintaining Objectivity 
Begin with a Tendency 
Putting the Trend to Work 

Self-Fulfilling Prophecy 
Take Me to the River 
How to Determine If the Market is Trending 
CHAPTER 7 The Anatomy of a Trend 
Why Trends Form 
Don’t Fight the Trend 

Forex Multiple Time Frame Strategy 
Why Does It Work? 
Combining Fibonacci and Trend 
Overbought Does Not Equal “Sell” 
Picking Tops and Bottoms 
The Entry Signal 
Placing the Stop 
Getting Out 
Welcome to the Real World 
Tweaking the Exits 
Executing the Plan 
Second-Guessing 
Bringing It Home 
The Devil’s Advocate 
When to Stay Out 
Reloading the Trade 
Fantasy versus Reality 
Phantom Signal 
Temporary Success and Failure 
The Stop Run 

The FX-Ed Trend Technique 
Trends Are Self-Sustaining 
Difference of Opinion 
Big Money at Work 
The Common Denominator 
Long or Short 

Identifying the Trend 
Filtering the Trend 
The Catalyst 
Placing the Stop 
Volatility Stop 
Comparing Apples to Apples 
ATR Calculation 
The Entry 
The Stop 
The Trade 
Don’t Fish for Minnows 
Back to the Trade 
Denouement 
The News versus the Trend 
Appearances Can Be Deceiving 
More Than One Chance 
Partial Exit Exercise 
Discretionary and Strategic Exits 
Faulty Wiring 
Partial Exit Technique 
Reloading 
Important Points to Consider 
Final Thoughts 

Nontrending Trading Techniques 

The Ultimate Indicator 
The Price Is the Key 
Why Support Becomes Resistance 
The Pleasure Principle and Trading 
Price Action 
Don’t Stand in Front of a Freight Train 

Keys to Intraday Breakouts 
Ascending and Descending Triangles 
Trend Filter 

Time-of-Day Filter 

Flags and Pennants
Pennants 
Flags 
Filtering Entries 

The Squeeze Play 
The Cycle of Volatility 
Perception Moves the Market 
Volatility Breakout Strategy 

The Round Trip 
Why Round Numbers Capture Our Attention 
Why Round Numbers Are Effective 
Round Numbers and Forex 
The First Bounce Is the Best Bounce 
Using the Moving Average 
The Strategy in Action 

The Interest Rate Edge 
Think Like the Big Boys 
Interest Rate Differentials 
Here’s How It Works 
Changing Differentials 
What’s the Big Deal? 
Collecting Interest 
U.S. Dollar/Japanese Yen 
Long-Term Play 
Looking Ahead 

The Boomerang 
Fading False Breakouts 
The Strategy 
Setting the Parameters 
Entering the Trade 
Simple but Effective 

Take Control of Your Trading Destiny 
How to Achieve Spectacular Gains 
Keep Your Eyes on the Road 
Proper Goal Setting 
Breaking Down Your Goals 
Consistency Is the Key 
What Happens When I Reach My Goal? 

The Forex Playing Field 
Evening the Odds 
The House Has the Edge 
Make the Playing Field Bigger 
But the Other Trading Instructor Said . . . 
Let’s Do the Math 
Changing the Equation 
Why Doesn’t Everyone Do It? 
Huge Gains with Minimal Effort! 
What We Can Learn from the “Smart Money” 
Now Get Out There and Win 

Trading Lessons from Life 
Panic at the Beach 
The Endless Tournament 

What You Don’t Know Can Hurt You 
Sarcasm Alert! 
Know When to Retreat 
The “95 Percent Winners Strategy” 
Beware the Back Tester 
Hypothetically Speaking 

A Tale of Two Traders 
Individuals versus Institutions 
The Difference Between Amateurs and Professionals 

Some Final Thoughts 
A Good Trade Is Not the Same Thing as a Winning Trade 
Proper Execution Is Critical 
Take Responsibility for Your Actions 
Keep It Simple 
Physical versus Mental 
In Closing