Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Forex Trading: Part 3: The Relevance of Price
    Forex Trading: Part 2: The Relevance of Time
    Ebook series2 titles

    Forex Trading Series

    By Stanley Davies

    ()

    About this series

    Forex Trading


    Part 3: The Relevance of Price


          In the third book of this series on Forex Trading Stanley Davies speaks about price as an important tool in a trading career. Understanding how it works is the beginning of success as trader. Price works in a very structured manner, it moves from one area of liquidity to the next. The understanding of price action should be derived from the nderstanding of how the market is structured.


    Price action based on an institutional understanding will give the trader the edge he has been looking for; the trader is going to realize that the markets are not random. Learning what the institutional traders know and studying their patterns is the start for a succesful career as a retail trader.


    About the Author:


    Stanley Davies is a professional trader, technical analyst and a hedge fund manager. He has been trading for his clients for more then 20 years. In this series he reveals some of his best trading strategies.

    LanguageEnglish
    PublisherDAO Press
    Release dateMar 15, 2018
    Forex Trading: Part 3: The Relevance of Price
    Forex Trading: Part 2: The Relevance of Time

    Titles in the series (2)

    • 2

      Forex Trading: Part 2: The Relevance of Time
      Forex Trading: Part 2: The Relevance of Time

      Forex Trading: Part 2: The Relevance of Time

      Stanley Davies
      5/5 - 4 ratings
      5/5 - 4 ratings

      Forex Trading  Part 2: The Relevance of Time        In the first book of this series on Forex Trading, the time and price strategy was introduced. The second book will be a follow up and its main aim is to breakdown the concept of time in the easiest and most understandable way possible. This book will include examples of each facet of time as discussed in the first book. This will give the reader a better understanding of the Time and Price strategy. Not every time is suitable for trading just because the market is open; the market has an opening time and a closing time. Especially in the foreign exchange market where the market runs for 24 hour a day 5 1/2 days a week it is important to know when to be in and when to be out. If you understand the concept of time in trading it will be a huge improvement to your daily trading. You will understand why the big players enter at a specific moment in the market and when they stay out. Contents: Chapter 1: The Day of the week is important     What to expect on Monday     What to expect on Tuesday     What to expect on Wednesday     What to expect on Thursday     What to expect on Friday Chapter 2: The Trading Sessions     Asian Session     London Session     New York Session     London Close Session     New York Close Session Chapter 3: Examples of Trades Taken using the Concept of Time On the Relevance of time in trading About the Author: Stanley Davies is a professional trader, technical analyst and a hedge fund manager. He has been trading for his clients for more then 20 years. In this series he reveals some of his best trading strategies.

      Forex Trading  Part 2: The Relevance of Time        In the first book of this series on Forex Trading, the time and price strategy was introduced. The second book will be a follow up and its main aim is to breakdown the concept of time in the easiest and most understandable way possible. This book will include examples of each facet of time as discussed in the first book. This will give the reader a better understanding of the Time and Price strategy. Not every time is suitable for trading just because the market is open; the market has an opening time and a closing time. Especially in the foreign exchange market where the market runs for 24 hour a day 5 1/2 days a week it is important to know when to be in and when to be out. If you understand the concept of time in trading it will be a huge improvement to your daily trading. You will understand why the big players enter at a specific moment in the market and when they stay out. Contents: Chapter 1: The Day of the week is important     What to expect on Monday     What to expect on Tuesday     What to expect on Wednesday     What to expect on Thursday     What to expect on Friday Chapter 2: The Trading Sessions     Asian Session     London Session     New York Session     London Close Session     New York Close Session Chapter 3: Examples of Trades Taken using the Concept of Time On the Relevance of time in trading About the Author: Stanley Davies is a professional trader, technical analyst and a hedge fund manager. He has been trading for his clients for more then 20 years. In this series he reveals some of his best trading strategies.

    • 3

      Forex Trading: Part 3: The Relevance of Price
      Forex Trading: Part 3: The Relevance of Price

      Forex Trading: Part 3: The Relevance of Price

      Stanley Davies
      5/5 - 3 ratings
      5/5 - 3 ratings

      Forex Trading Part 3: The Relevance of Price       In the third book of this series on Forex Trading Stanley Davies speaks about price as an important tool in a trading career. Understanding how it works is the beginning of success as trader. Price works in a very structured manner, it moves from one area of liquidity to the next. The understanding of price action should be derived from the nderstanding of how the market is structured. Price action based on an institutional understanding will give the trader the edge he has been looking for; the trader is going to realize that the markets are not random. Learning what the institutional traders know and studying their patterns is the start for a succesful career as a retail trader. About the Author: Stanley Davies is a professional trader, technical analyst and a hedge fund manager. He has been trading for his clients for more then 20 years. In this series he reveals some of his best trading strategies.

      Forex Trading Part 3: The Relevance of Price       In the third book of this series on Forex Trading Stanley Davies speaks about price as an important tool in a trading career. Understanding how it works is the beginning of success as trader. Price works in a very structured manner, it moves from one area of liquidity to the next. The understanding of price action should be derived from the nderstanding of how the market is structured. Price action based on an institutional understanding will give the trader the edge he has been looking for; the trader is going to realize that the markets are not random. Learning what the institutional traders know and studying their patterns is the start for a succesful career as a retail trader. About the Author: Stanley Davies is a professional trader, technical analyst and a hedge fund manager. He has been trading for his clients for more then 20 years. In this series he reveals some of his best trading strategies.

    Related to Forex Trading

    Related ebooks

    E-Commerce For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      RSI Alone Not Enough

      Sep 18, 2020

      oscillators, such as the relative strength index (RSI) and stochastics, are often used as signals for overbought and oversold zones. Let’s use the RSI as an example. Generally, an RSI set on 14 days is considered over-bought above the 70 level, but t

      1 min read

    • Article

      The Magic of Moving Averages

      Jan 31, 2019

      When price charts begin to look like jagged mountain ranges, it can be hard to map out which way stocks are headed. Enter the simple moving average. The tool is a staple of technical analysis--the practice of determining the direction of stock prices

      2 min read

    • Article

      Change In Sentiment

      Oct 2, 2020

      Change In Sentiment
      1 min read

    • Article

      What Is Forex Trading?

      Mar 1, 2022

      What Is Forex Trading?
      6 min read

    • Article

      Discipline Goes A Long Way

      Mar 31, 2022

      The life of a trader is not what most of us might imagine it to be – that is, glamorous, exciting and paved with gold. More likely it is solitary, private, a bit boring and, when done right, provides a living. We could all be traders. We could all be

      5 min read

    • Article

      Breakout Is Possible

      Jan 10, 2020

      Breakout Is Possible
      1 min read

    • Article

      Are You Gambling or Investing? Here’s How to Tell

      Mar 2, 2021

      Investing in the stock market over many decades offers most people an incredible opportunity to build wealth. Does that surprise you? If so, you’re not alone. Over the course of my career as a financial planner, I’ve found that many people look at th

      4 min read

    • Article

      Technical Analysis Tools For Long-term Investing

      Oct 30, 2020

      in the 22 October issue of finweek, I wrote about how I am trying my hand at trading local equities for the first time in over a decade. Some aspects of my index trading have helped (discipline and risk management), but stocks are more volatile and n

      2 min read

    • Article

      Learn How To Spot A Rip-off

      Feb 24, 2021

      Learn How To Spot A Rip-off
      3 min read

    • Article

      How to Make Market Volatility Work for You

      Apr 5, 2018

      There are more certainties in life than just death and taxes. For instance: If you invest money in the stock market, you certainly will face market volatility now and then. Periods of high volatility are normal. Investors need to understand that life

      4 min read

    • Article

      Maintaining A Recovery?

      Jan 22, 2021

      Maintaining A Recovery?
      1 min read

    • Article

      He Learned to Trade for Profit - and Can Teach You, Too

      Jan 31, 2019

      Raymond Rondeau, 55, of Exeter, R.I., is a trader, president of the New England American Association of Individual Investors chapter, and creator of AAII's new course, "Investing Strategies and Technical Analysis." When did you start trading? I began

      2 min read

    • Article

      Trading Techniques... Riding Elliot Waves

      Nov 5, 2021

      One trading technique that has achieved a cult-like following in recent decades is Elliott wave theory. Developed by the accountant and consultant Ralph Nelson Elliott, who first published his ideas in 1938, the basic idea is that markets, like all h

      1 min read

    • Article

      How Investors Can Prosper With Technical Analysis

      Feb 6, 2019

      Many investment advisors and money managers have a little secret. They will proudly tell you that they rely heavily on fundamental analysis, carefully weighing earnings, market share, competitive environment and demographic trends to select the best

      5 min read

    • Article

      How To Count Your Losses

      Nov 15, 2019

      in the previous issue (7 November), I wrote about trading, and in particular about gearing via the use of derivatives, as well as what we should (or shouldn’t) be trading. I promised to return to the other two parts of the equation: How to employ a s

      3 min read

    • Article

      What I Learned from Losing $200 Million: The 2008 financial crisis taught me about the illusion of control, and how to give it up.

      Dec 24, 2015

      I’d lost almost $200 million in October. November wasn’t looking any better. It was 2008, after the Lehman Brothers bankruptcy. Markets were in turmoil. Banks were failing left and right. I worked at a major investment bank, and while I didn’t think the disastrous deal I’d done would cause its collapse, my losses were quickly decimating its commodities profits for the year, along with the potential pay of my more profitable colleagues. I thought my career could be over. I’d already started to feel those other traders and salespeople keeping their distance, as if I’d contracted a disease. My e

      15 min read

    • Article

      Why Bigger Isn’t Always Better

      Oct 16, 2020

      as well as being a long-term investor, I am also a short-term trader on the JSE, trading index futures before the equity market opens. Although the profits (or losses) are small in every trade, the profits are larger than the losses and I get a few m

      2 min read

    • Article

      Maybe Too Cheap?

      Jul 24, 2020

      Maybe Too Cheap?
      1 min read

    • Article

      Trading Terms: How To Trade Volatility Indices

      Jul 24, 2020

      “The VIX” is a term that is often thrown around in the investment world, although also one that is often not fully understood. That’s why we are going to explore what the VIX is. Admittedly, we are not going into too much detail as it gets rather com

      2 min read

    Related categories

    Reviews for Forex Trading

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words