1.

Record Nr.

UNINA9911019564703321

Autore

Toshchakov Igor <1961->

Titolo

Beat the odds in Forex trading : how to identify and profit from high percentage market patterns / / Igor Toshchakov

Pubbl/distr/stampa

Hoboken, N.J., : John Wiley & Sons, c2006

ISBN

9786610549870

9781119202196

1119202191

9781280549878

1280549874

9780470049389

0470049383

Descrizione fisica

1 online resource (226 p.)

Collana

Wiley trading

Disciplina

332.4/5

Soggetti

Foreign exchange market

Foreign exchange futures

Speculation

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Includes index.

Nota di contenuto

Recommendations to novice traders -- How to get started -- Establishing a trading account -- Choosing the right dealer -- Developing a trading method -- Psychological challenges of speculative trading -- Discretionary versus mechanical trading systems -- Technical and fundamental analysis -- The Igrok method -- Philosophy of the Igrok method -- Evaluating probabilities using technical analysis -- Basic trading strategies and techniques -- Choosing a currency pair to trade -- Money management rules and techniques -- Market behavior and trader discipline -- Short-term and intraday trading strategies using the Igrok method -- Principles of the intraday trading plan -- Entering the market -- Exiting the market -- The importance of timing -- Trading strategy during the central bank intervention -- Templates for short-term and intraday trading -- Average daily trading range templates -- Technical formation templates -- Trendlines, support, and resistance templates -- A sample trade.



Sommario/riassunto

""Beat the Odds in Forex Trading provides traders with tremendous value by disseminating the trading methods and philosophy of one of the most remarkable Forex success stories since Soros."" --Alexander De Khtyar, President, Forex International Investments, Inc. Add certainty and systematization into Forex trading with this practical approach. 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 resour