The RDS Forex system: a breakthrough method to profiting from market turning points

Inside a unique system that allows you to identify and trade key turning points in the forex market The financial markets are in a constant state of affirming, breaking, and developing new support and resistance areas. Traders use a variety of methods to project support and resistance points based on past price action. However, the question of whether those areas will hold or break in real time is a much more difficult calculation. In The RDS Forex System, formerpit trader Michael Radkay provides forex traders with a unique system for identifying support and resistance zones in the foreign currency market and developing profitable trading strategies around those zones.The system uses market volatility, momentum, and chart patterns to calculate support and resistance zones. As prices reach a specific zone objective, trading strategies are put inplace to profit from the next movement. The book will show how this system gives traders a continuous sense of the market's directional bias, identifies potential turning points, and recommends levels to take profits off the table. Highlights the Rotating Directional System (RDS), a computer-based, longer-termapplication of the methodology used by many successful pit traders Discusses how to use a variety of indicators to identify support and resistance areas Reveals strategies employed to profit from market swings The RDS Forex System isan ideal guide for retail traders actively involved in the forex market. INDICE : Preface Acknowledgments Chapter 1: Introduction to Today's Forex Market Chapter 2: Comparing Forex to Other Markets Chapter 3: Finding the New Edge Chapter 4: The Long and Short of Fundamental Analysis Chapter 5: Price Never Lies Chapter 6: Play at Peak Times Chapter 7: Preparing for Known Events Chapter 8: Risk Tolerance and Developing a Feel for Price Movement Chapter 9: Why Technical Analysis Works Chapter 10: Defining the Rotating Directional System Chapter 11: Putting It All Together Chapter 12: Evaluating Your PerformanceResources About the Authors Index

• ISBN: 978-1-118-09668-0
• Editorial: John Wiley & Sons
• Encuadernacion: Cartoné
• Páginas: 288
• Fecha Publicación: 28/03/2012
• Nº Volúmenes: 1
• Idioma: Inglés