7 Winning Strategies For Trading Forex

Author's site

www.gracecheng.com

Jacket text for 7 Winning Strategies For Trading Forex

Many traders go around searching for that one perfect trading strategy that works all the time in the global FOREX (foreign exchange/currency) market. Frequently, they will complain that a strategy doesn't work. Few people understand that successful trading of the FOREX market entails the application of the right strategy for the right market condition.

7 Winning Strategies For Trading Forex covers:

- Why people should be paying attention to the FOREX market, which is the world's largest and most liquid financial market
- How understanding the structure of this market can be beneficial to the independent trader
- How to overcome the odds and become a successful trader
- How you can select high-probability trades with good entries and exits.

Grace Cheng highlights seven trading strategies, each of which is to be applied in a unique way and is designed for differing market conditions. She shows how traders can use the various market conditions to their advantage by tailoring the strategy to suit each one.

This revealing book also sheds light on how the FOREX market works, how you can incorporate sentiment analysis into your trading, and how trading in the direction of institutional activity can give you a competitive edge in the trading arena.

This invaluable book is ideal for new and current traders wanting to improve their trading performance.

Filled with practical advice, this book is a must-read for traders who want to know exactly how they can make money in the FOREX market.

Overview contents for 7 Winning Strategies For Trading Forex

Introduction

Part I: Trading Forex
1. Getting Started
2. Spot Forex Market Structure
3. How To Overcome The Odds Of Trading Forex
4. The Ten Rules For Forex Trading

Part II: Strategies
5. Strategy 1- Market Sentiment
6. Strategy 2 - Trend Riding
7. Strategy 3 - Breakout Fading
8. Strategy 4 - Breakout Trading
9. Strategy 5 - Decreased Volatility Breakout
10. Strategy 6 - Carry Trade
11. Strategy 7 - News Straddling

Appendices
Forex Glossary
Currency Codes
Major Regulatory Agencies

About Grace Cheng

Grace Cheng is a seasoned full-time Forex trader who is well-versed in technical, fundamental and sentiment analysis, which she utilizes in her trading. Grace is also the creator of the PowerFX Trading Course (www.gracecheng.com) which is designed for both new and intermediate traders. Grace has mentored hundreds of independent traders through her PowerFX Course. She occasionally writes for trading and investment magazines such as Technical Analysis of Stocks & Commodities, The Trader's Journal, Smart Investor, as well as for online financial portals like Investopedia. She has also been featured in newspapers, magazines, newsletters and on TV for her trading expertise. Visit her popular forex blog/website www.gracecheng.com.

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