Trade the Price Action – Forex Trading System by Laurentiu Damir
Synopsis:
From the author of the popular 50 Pips a Day Forex Strategy comes the latest in a series of installments from Laurentiu Damir. This book aims to break down the barriers that come when trying to implement a successful forex trading strategy. Suitable for everyone from beginners to traders who just want a wider strategy base to choose from, this book offers plenty for traders of all skill levels.
Review:
Aiming squarely at the idea of minimum risk for maximum reward, Laurentiu Damir brings with him a raft of new and interesting strategies in his latest effort, Trade the Price Action – Forex Trading System, as he looks to introduce to his readers a range of tactics that can be used to make the most of movements in price action and lock in the kinds of profits that get people talking.
Claiming that his method in question poses a 90% winning rate, there is already serious scope to look into his works.
The main body of work assesses the viability of price action and manipulation as well as how to resist market volatility and support efforts to lock in prices at the right time.
Covering advanced terms such as Fibonacci sequences and candlestick patterns, Damir offers enough to tempt in more than just novices to forex trading. He provides enough insights that any calibre of trader can benefit from reading this book.
Focusing on the risk-reward ratio that is so often talked about, this book looks at when to implement stop loss at the right time and also defines entry and exit levels to help traders get it right when they trade.
Details:
ISBN-10: 1519023499
ISBN-13: 978-1519023490
Format: Paperback and digital
Length: 102 pages
Publisher: CreativeSpace Independent Publishing
Publication Date: 13 August 2017
Language: English
