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Best Forex Systems: Price Action (How to become a forex trader Book 2)
It must be said.Investing in forex is not easy!
The foreign exchange market requires the trader's control, diligence, and above all considerable knowledge, and of a pinch of intuition. No wonder why traders are attacked from all sides by ExpertAdvisors,wonderful systems, fairy indicators or even slot machines, which will enter into transactions on the market. All this to help in concluding the transaction. But is this really help?
The best tool that you have is your brain!
What you really need to contain profitable transactions and make money on FOREX, is the ability of analysis and interpretationt of the chart prices. Nobody will do this job for you nor even the best machines. Your greatest treasure in investing is simply your mind! So how do we best to exploit its potential?
Let me just say two words: Price Action.
The strength of Price Action is its simplicity - it does not use anything else but the S / R and occasionally a few other lines, such as trend lines or, more rarely, Fibonacci levels.
These indicators are in use of "big players" (mainly banks), which contain multi-billion dollar transactions. If they do so, why you could not do that
and reap the profits?
Most importantly, mastering the techniques of Price Action allows you to achieve revenues of 80-100 pips during the session.
Price Action is also fully versatile system,
So you can:
- Play on any currency pair,
- Play on each Time frame/interval,
- Play in every market,
- Play Long-term.
About Henryk Wozniak -After more than 11 years of sharing knowledge with thousands of discussion forum users decided to write the eBook, in which has entered into a significant part of his knowledge and experience acquired over the 16 years of struggle with the market.
About myself - I just met Henryk on discussion forum and i found his strategies are realy working, and his knowledge its huge and I did become his student. I translate his books to english and I put my point of view on the topics of market.
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