Toshchakov, I. R. Beat the Odds in Forex Trading How To Identify and Profit from High Percentage Market Patterns Wiley Trading Series
1. Edition - August 2006 51.90 Euro 2006. 224 Pages, Hardcover - Practical Approach Book - ISBN-10: 0-471-93331-7 ISBN-13: 978-0-471-93331-1 - John Wiley & Sons
Short description Beat the Odds in Forex Trading presents a practical approach that adds certainty and systematization into Forex trading. Author and industry professional Igor Toshchakov shows how recurring market patterns--which can be recognized on a simple bar chart--can be successfully used to trade the Forex market. Written for traders at every level, this valuable resource discusses the challenges of developing a trading method, while revealing the author's approach to the market--both from a philosophical and tactical point of view. Beat the Odds in Forex Trading contains specific trading strategies based on recognizable market patterns and offers detailed information on entry and exit points, profit targets, stop losses, risk evaluation, and much more.
From the contents Introduction.
PART I: RECOMMENDATIONS TO NOVICE TRADERS.
Chapter 1: How To Get Started.
Chapter 2: Establishing a Trading Account.
Chapter 3: Choosing the Right Dealer.
PART II: DEVELOPING A TRADING METHOD.
Chapter 4: Psychological Challenges of Speculative Trading.
Chapter 5: Discretionary versus Mechanical Trading Systems.
Chapter 6: Technical and Fundamental Analysis.
PART III: THE IGROK METHOD.
Chapter 7: Philosophy of the Igrok Method.
Chapter 8: Evaluating Probabilities Using Technical Analysis.
Chapter 9: Basic Trading Strategies and Techniques.
Chapter 10: Choosing a Currency Pair To Trade.
Chapter 11: Money Management Rules and Techniques.
Chapter 12: Market Behavior and Trader Discipline.
PART IV: SHORT-TERM AND INTRA-DAY TRADING STRATEGIES USING THE IGROK METHOD.
Chapter 13: Principles of the Intra-Day Trading Plan.
Chapter 14: Entering the Market.
Chapter 15: Exiting the Market.
Chapter 16: The Importance of Timing.
Chapter 17: Trading Strategy during the Central Bank Intervention.
PART V: TEMPLATES FOR SHORT-TERM AND INTRA-DAY TRADING.
Chapter 18: Average Daily Trading Range Templates.
Chapter 19: Technical Formation Templates.
Chapter 20: Trendlines, Support & Resistance Templates.
