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Trading The Forex Market - Repeating Setups That Beat Your Broker
Trading The Forex Market Repeating Setups That Beat Your Broker Author:Larry Palmer Trading The Forex Market is a complete, comprehensive forex course that's suited for all experience levels & covers all of the important aspects you need to succeed. Whether you trade short term or longer term, these techniques will turn your trading around to profitability very quickly. The forex market has repeatable setups that happen over & ... more »over, that is the foundation of the strategies. These favorable price action setups are also combined with specific indicators & candle patterns that all work very well at confirming each other. There is absolutely no silly stuff in the course such as "magical theories" and page after page of useless information. These techniques will have you trading like a true professional and develop your trading mind around the WHOLE trade, so you will become a trader, not just a strategy user!
Many traders use too many indicators and rely solely on them, this is a big mistake and contributes to most of your losses. The reason is that the indicators were not created for a 24 hour market like forex. This course will show you how to use only a handful of indicators & put your efforts into spotting the repeatable setups that are right in front of you all the time. That's were the big money is. From scalping the market to trading medium & longer term, you're covered. The EUR/USD trade using the United States Dollar Index as the entry and the Ultimate Moving Average Play are two of the highlights in the course. They allow you to profit thousands of pips a year!
Good strategies are only a small part of the trading game and this course. Without proper money management & overall trade management, the best strategy will do you absolutely no good at all! Sections on management of your money & trades are included & will teach you how to keep losses to a minimum of 1%-3% no matter the size of your account. You will also learn techniques on how to form timely exit opinions for any strategy which is very important & has the biggest impact on your trading success along with proper money management. Exits are not talked about a lot in forex for some reason, everyone is only interested in strategies. This is another big mistake traders make, but this course covers that & a whole lot more making it possible for you to become an all around excellent trader.
The author Larry Palmer, is an experienced forex trader who started his career in the stock market and has taught his trading techniques and money/trade management guidelines to traders from all around the world. He is the founder of www.1on1fx.com« less