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Description of Turning Losing FOREX Trades into Winners

An effective way to reverse a trade's fortune Almost all trading books focus on "winning" trades. But winning trades can be hard to come by, especially when you're just starting out. Turning Losing FOREX Trades into Winners takes a look at this discipline from a different angle, examining effective methods for dealing with trades that are in a losing position. First, it guides the trader through the various steps of determining if a trade is with or against the overall trend. Then, it explains how to decide when a trade should be closed or left open. While this reliable resource is filled with in-depth insights and expert advice that will help readers gain a better understanding of today's FOREX market, it also contains hundreds of chart examples that will provide step-by-step instructions on how traders can recover from losses.

Title Information

ISBN:

9780470187692

Pages:

224 pages

Format:

Hardback

Product Code:

260812

Publisher:

John Wiley & Sons Ltd

Published:

01/07/2008

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About

Gerald E. Greene is Senior Vice President of Concorde Forex Group, Inc. He publishes a Forex commentary three times each day, during the London market hours, for Concorde Forex traders worldwide.

Contents of Turning Losing FOREX Trades into Winners

Acknowledgments
Introduction

Part I. The Trader
1. Trading Systems
2. Trendlines & Trendwalls

Part II. The Broker
3. Convergence & Divergence
4. The Bad Trade
5. Bad Trade Recovery

Part III. The Banker.
6. Loss Recovery With MACD
7. Loss Recovery With Stochastics
8. Loss Recovery with Moving Averages
9. Loss Recovery With Fibonacci Ranges
10. Loss Recovery With Trendlines

Conclusion. Loss Recovery In Practice

Appendix. Ten Pips Per Year
About the Author
Index