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Forex Daily, Trading End of Day: The Number-One Guide for Swing Trading Currencies - Couverture souple

Volman, Bob

 
9789082278637: Forex Daily, Trading End of Day: The Number-One Guide for Swing Trading Currencies

Synopsis

Forex Daily, Trading End of Day is a must-read for ambitious swing traders who seek serious returns yet have no desire to spend their evenings sifting through stocks and dubious earnings reports. The logical alternative is to swing trade Forex instead, but how exactly do you make that work? Price action specialist Bob Volman presents a practical and remarkably profitable solution.

End-of-day Forex strategies abound, yet what makes Volman’s work stand out is that it solely focuses on the daily charts, using a mere 28 currency pairs (comprising all the major currencies). At first glance, the viability of such a limited watchlist might leave you wondering, but that is looking at things through stock-colored glasses. Consider the enormous benefit of always scanning the very same charts—it’s hard to miss a setup. And since these markets trade 24/5, the absence of gaps is yet another godsend. These are advantages stock traders can only dream of.

The method itself is based purely on price action and focuses on four types of setups that are not only very common and easy to spot but also boast exceptional win rates. All of this will be discussed in great detail. Moreover, to avoid even the slightest hint of cherry-picking, the book documents every setup from over 10 years of daily charts on all 28 currency pairs!

This extensive research clearly shows that swing trading Forex is by all means a promising alternative to stocks, if not the better choice. None of it requires exceptional price action skills; you just need to know what to look for. For those who want to find out, Forex Daily, Trading End of Day hands you all the necessary tools for a lifetime of serious swing trading.

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