This is a good book for beginner.
As its title this book explain on how to get $50-500 per day in the day trading using simple technical analysis.It also cover on how to set up Metatrader,also explaining how to start trading using simple methode and few indicators in forex.
The methode used in this book including trading on 'break out','trading following the trend' and 'trading top and bottom'.
Very good book for beginner!
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1 comment:
Hey Everyone,
"Which Forex pair and time frame is best to trade" is the frequently asked question and I want do give you the EXACT ANSWER in this comment.
Are you expecting that I am going to say something like EUR/USD on 15-minute time frame or GBP/USD on daily...? No, it is not so simple, but SIMPLE ENOUGH we can figure it out!
The "PROBLEM" is that markets change over time. If EUR/USD was a well trending currency pair a few years ago, today it is another one.
I actually want to let you know about a SPECIAL INSTRUMENT that I use to find the BEST TRENDING PAIRS among all the Forex pairs.
LINK FOR SOFTWARE: ForexTrendy
The software scans 34 Forex pairs on all time frames from minute to monthly. This way you pick the best trending pair and time frame at the current time.
GET THE SOFTWARE: ForexTrendy
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