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The FX Bootcamp Guide to Strategic and Tactical Forex...

The FX Bootcamp Guide to Strategic and Tactical Forex TradingTitoloThe FX Bootcamp Guide to Strategic and Tactical Forex Trading
AutoreMcDonell, Wayne
Prezzo
Sconto 15%
€ 48,64   Spedizioni gratuite in Italia
(Prezzo € 57,22 Risparmio € 8,58)
CategoriaBusiness & Economics: Foreign Exchange
RilegaturaHardcover
Dati235 p.; ill.
Anno2008
EditoreJohn Wiley & Sons
CollanaWiley Trading
Normalmente disponibile per la spedizione entro 5 giorni lavorativi

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Descrizione
A straightforward guide to trading today's dynamic Forex market

Written by Wayne McDonell, the Chief Currency Coach at FX Bootcamp, this book shows readers how to successfully trade the Forex market on their own. "FX Bootcamp's Guide to Strategic and Tactical Forex Trading" skillfully explains how to combine popular technical indicators to formulate a comprehensive market strategy. Readers will then learn how to focus on using this information to create a tactical trading plan--one that will help them pull the trigger to get in and out of a trade. Along the way, McDonell takes the time to discuss the various challenges a Forex trader faces, such as greed, fear, loss, and isolation. As a Forex trader and educator of traders, Wayne McDonell knows what it takes to make it in the competitive world of Forex. And with "FX Bootcamp's Guide to Strategic and Tactical Forex Trading" he shows readers how.

Indice e argomenti trattati
Prefacexi
Introduction1
Which Do You Do?2
PART ONE Basic Training5
CHAPTER 1 Lagging Indicators
7
Moving Averages
7
Moving Average Convergence Divergence (MACD)
9
Bollinger Bands
14
Standard Deviation
19
Summary
19
CHAPTER 2 Leading Indicators
21
Price Support and Resistance
21
Fibonacci Retracements
24
Fibonacci Extensions
29
Summary
33
Part One Summary
34
PART TWO Strategic Analysis37
CHAPTER 3 How to Gather Market Intelligence to Formulate a Trading Strategy
39
Spy Plane View
39
Inflation Sensation
40
Central Banking
42
Inflation Targeting
42
Cost of Money
42
Money Magnets
43
Interested in Valuation
44
Foreign Exchange
45
Demanding Consequences
45
House of Cards
46
Not Interested
46
Summary
49
CHAPTER 4 The Carry Trade
51
Free House
53
Scary Carry
54
Power Yen
55
Summary
56
CHAPTER 5 Forex and the Fed
57
Forex Economics
57
The Federal Reserve System
69
Summary
73
CHAPTER 6 Commodity Correlations
75
Commodity Correlation: Oil
75
Commodity Correlation: Gold
77
Commodity Correlation: Equities
78
Trading Commodities
81
Summary
81
CHAPTER 7 Greenback Guru: Why You Should Specialize in Trading U.S. Dollars
83
What's Your USD Bias?
84
Currency Correlation Coefficient
85
Trading Currency Correlation
86
Trading a Basket of Currencies
88
Petrodollars
89
Yet another Reason
90
Summary
90
Part Two Summary
91
PART THREE Rules of Engagement93
What's the Time?
94
CHAPTER 8 Market Analysis
95
Speed of the Market
95
Momentum of Price
101
Summary
104
CHAPTER 9 Fundamental Analysis
105
Economic Announcements
105
Global Money Flow
106
Interest Rates and Currency Values
106
Market Bias
107
Announcement Calendar
108
Summary
110
CHAPTER 10 Technical Analysis
111
Self-Fulfilling Prophecy
111
Range Analysis
112
Trend Analysis
121
Pivot Analysis
126
Summary
132
CHAPTER 11 Risk Analysis
133
Fear of Loss
133
Fear of Profit
134
Limits
134
FX Bootcamper Credo
135
Limits for Loss
136
Limits for Profit
138
More Tactics for Trade Entry and Exits
139
Your Mind's Eye
140
Do Nothing
141
Do You Have the Guts?
142
Second Chances in Forex
143
Summary
145
Part Three: Summary
146
PART FOUR Tactical Planning149
CHAPTER 12 Candlestick Patterns
151
Reversal Patterns
152
Reverse and Continuation Patterns
158
Trending Only
161
Summary
162
CHAPTER 13 Range Trading
163
Get in the Ring
163
Floors and Ceilings
164
Over and Out
165
Summary
169
CHAPTER 14 Trading the News
171
Conservative News Trades
174
Summary
182
Part Four Summary
183
PART FIVE Psychological Warfare185
CHAPTER 15 How to Cope with Pre- and Post-Trading Stress Disorders
187
Going Mental
188
Common Thread
189
Understand Yourself, Understand Your Trades
191
Summary
193
CHAPTER 16 Trade Journals
195
3X the 4X
201
Summary
202
CHAPTER 17 Target Practice
203
Summary
205
CHAPTER 18 Three-Year Plan
213
FX Business Planner
213
Risk Management
216
Summary
222
Part Five Summary
223
CHAPTER 19 Closing Notes
225
The Genesis of FX Bootcamp
225
Lead by Example
227
Additional Support
228
Index231

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