Welcome Traders

One of the most important thing you have to take toward being a good trader is keep your brain working by feeding it with positive information and market data. Here you can find good books and strategies which will fill your need.

Monday, July 16, 2007

Bird Watching in Lion Country by Dirk du Toit aka DrForex


This boook is one of the best book which explain clearly how the forex market works.

Yes, its title does not betray that the ebook has anything to do with trading, and much less so with trading the Forex market, but it really does.

This is a very long book, well over 200 pages, yet reading it is a real pleasure and one can hardly find any fluff in it. While the book is dedicated primarily to Forex trading, its ideas and insights are applicable well outside this particular market and those trading other financial instruments, futures in particular, will certainly find this book very interesting and useful. Obviously, those trading Forex will find it most useful. Even though this book is quite suitable for complete beginners, it is not necessarily aimed at them and more advanced traders should consider it as well.

This could be a very good first book on trading in general and not only your first trading book on Forex and here is why: it will either discourage you from trading right away because the picture it paints is far from that of easy money and romantic adventures for real men (and you will be grateful to the author for that forever) or it will help you approach trading in a serious, disciplined manner. Either way, you will benefit from this ebook more than from most out there.

About one third of the book, its first two parts, is dedicated to trading in general and contains one of the soundest opinions on trading you will ever find. One part is specifically about the Forex market, its nature and how it differs from other markets. This part is really good and gives you a very solid understanding of the workings of this market, much better than what you can expect to find in many other ebooks on Forex that tend to be somewhat superficial in this respect. The remaining parts are dedicated to trading methodologies, including the author's own approach to trading Forex.

I am highly impressed by this ebook and that does not happen to me very often. In fact, not even every year do I come across a book as good as this one. Not only is it very readable, but also written in a very intelligent manner, with a real sense of humor, in a way that is truly honest about trading.

Here is just one small piece of advice from this book that shows that the author knows his subject very well: "There is only one road to success. Your own. You have to learn to put everything together yourself." I like to put it in a somewhat different and more general way: "you have to find it in yourself." That's how you succeed. Not only at trading, but in whatever you aim to succeed at.

If you have never read a single book on trading and you are interested in this field, you cannot possibly go wrong by starting your education with this book. If you are interested in Forex trading, I doubt you will find a better starting point than this fine piece of work. I truly can not recommend this ebook highly enough.

Download here.
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Reminiscences of a Stock Operator by Edwin Lefèvre


Reminiscences of a Stock Operator1 is a story about a trader who understood that he could make money if he could figure out what the prices were telling him.

Reminiscences is the thinly disguised, fictionalized "auto-biography" of Jesse Livermore, an exceptionally colorful and flamboyant speculator in stocks and commodities in the early- to mid-twentieth century who made -- and lost -- four multi-million dollar fortunes. A contemporary of other legendary traders such as Arthur Cutten, Jay Gould, James Keene and John D. Rockefeller, Livermore was once blamed for causing the 1929 Crash and for precipitating every market break from 1917 to 1940. Equally adept in the stock and commodity markets, Livermore is one of the most exciting figures haunting the annals of American market history.

All throughout the book, amidst the inspiring stories and witty humor, the reader will find numerous pieces of advice - on anything from human psychology and public behavior to insider trading and investing/speculation strategies. I completely agree with other reviewers who state that this book needs to be read more than once. You simply won't absorb all the useful information the first time. Maybe not even the first two times. Or three.

Download here.
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The Essentials of Trading - From the Basics to Building a Winning Strategy by John Forman


While trading may seem as easy as "buy low and sell high," the reality is far different. Ever-changing market trends can make for turbulent trading sessions, while lack of concentration can lead to costly mistakes.

With nearly twenty years of trading and investing experience in a wide array of markets, author John Forman knows what it takes to succeed in this arena, and with The Essentials of Trading, he shows you how.

Written for those just beginning their journey through the world of trading, this straightforward and accessible guide provides a base of knowledge and understanding from which you can develop trading methods, systems, and techniques that best suit your personality, situation, and financial objectives. Filled with in-depth insight and practical advice, The Essentials of Trading first takes you through the basics of placing a trade and understanding how markets work, and then progresses to the development of trading plans, the implementation of risk management, and the building of trading systems. Along the way, the use of exercises and examples brings these and other topics to life.

By following the proven principles outlined within these pages, you'll learn how to:

* Analyze the markets
* Execute, manage, and monitor trades
* Design, test, and compare trading systems
* Determine the best trading arena in which to operate
* Take your trading forward, beyond the basics
* And much more

Since there is not enough room here to go into detail on every subject put forward, additional resources for this book—posted on a dedicated Web site (www.andurilonline.com/book)—have been compiled to allow you to research specific topics of interest. This Web site also provides access to the support tools mentioned at various points in the text, as well as to the free companion workbook designed to complement this book.

While you don't need to be a financial genius to make it as a trader, you do need to be disciplined in your approach to the markets. With The Essentials of Trading by your side, you'll discover what it means to be a successful trader and how to put together an effective plan of action for your trading as a whole and on a transaction-by-transaction basis with a system.

Download here.
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High Probability Trading Steups by Boris Schlossberg and Kathy Lien


Boris Schlossberg and Kathy Lien, currency strategists at Dailyfx.com would like to introduce you to their new e-book High Probability Trading Setups for the Currency Market.

In this e-book they put together a logical and intelligent approach to currency trading utilizing their latest and best setups. In High Probability Setups for the Currency Market, they show you new, easy to understand strategies to consistently extract profits from the largest financial market in the world. At the same time they don’t sugarcoat the results and demonstrate to you the potential pitfalls of these strategies as well.

The key to their success is their experience…

As Lead Currency Strategists they share editorial duties for DailyFX one of the preeminent FX news portals on the web which attracts nearly 4 million unique visitors each month. They are also co-editors of the one of the few investment advisory newsletters focused solely on the two trillion dollar per day currency market.
Along with their duties at DailyFX and the advisory newsletter they are regular guests on CNBC Squawk Box, Bloomberg radio, CNBC World Foreign Exchange and CBS Marketwatch. Their research is quoted daily by Dow Jones, Reuters, Bloomberg, CBS Marketwatch, Wall Street Journal, the International Herald Tribune and many other business newspapers around the world.

Download here.
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AB=CD Secret Pattern by Sundrap B


The AB=CD pattern is the most popular pattern we find on the charts. This pattern is very widespread and quite easy to trade using it. The AB=CD is a trading system in itself which does not require any indicator and relies solely on price action. The AB=CD is part of Harmonic trading and you will also find information about this pattern on The Harmonic Trader by Carney Scott. The author of AB=CD talks especifically on this pattern and give you all the information you should have to trade this pattern profitably and to lower your risks. The book is a very good and straight forward. You wont have aby difficulty with mastering this system if you read each page of the book. Also, the book is very illustrated with graphics and screen captures.

The AB=CD Secret Pattern will show you how to:

* Identify a secret geometry trading pattern with a low risk and high profit probability allowing you to trade market reversals before they occur
* Trade against the crowd putting you in the winning 5% as opposed to the losing 95%
* Be subject to LESS manipulation from the market makers, who tend to buy when you sell and sell when you buy
* Use the secret pattern to day trade, swing trade or position trade
* Trade ANY market in the world, whether it be stocks, Forex, indices, commodities, bonds etc
* Not lose out to the traditional "1-2-3 Pattern" formation
* Minimise your loses to a maximum of 21.4% of any trade
* Identify the exact EXIT point by reference to PRICE and TIME
* Use the secret pattern to take both LONG and SHORT trades
* Identify the ENTRY point using the secret pattern and applying NO indicators
* Use 2 confirmation signals to confirm the EXIT point of your trades
* Take positions so that the risk/reward is in your favour and Take money out the markets!

Download here.
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FxBlaster Mechanical Forex Trading System by Avi Frister


This book has been written by a prominent trader who I think you are already familiar with. He is Avi Frister, the author of Forex Trading Machine. The FX Blaster Mechanical system takes advantage of a special pattern that occurs in the FX markets. Now if you are a seasoned trader, you are probably already familiar with the general pattern the system is based on but what you dont know is how to take advantage of it. The FX Blaster will show you how to adapt this patter to specific pairs so that you can squeeze the juice out of these candles. Go on and have a nice read

This book has a very nice strategy which will suit all kinds of traders but is more intended towards the novice trader. It has a very good introduction to the forex markets, detailing well the requirements so that anyone can become a successful forex trader. Take your time and have a nice read.

Download here.
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Trading For A Living by Elder Alexander


Soviet-born author and practicing psychiatrist Elder (director, Financial Trading Seminars, Inc.) shares his learning over the years as a professional trader and expert in technical analysis and his principle of understanding the three Ms (Mind, Method, Money), which will strengthen the discipline required to be successful in trading. He explores crucial factors in the markets that most experts overlook, including time, volume, and open interest, and describes little-known indicators to track them profitably. In addition, he covers many of the more technical approaches to investing in futures, such as factoring in the meaning from the Elliott Wave, oscillators, moving averages, Market Logic, and point-and-figure charting. His unique viewpoints in this overly saturated genre explain his particular view that most traders sabotage themselves, while offering tips for others to avoid doing the same. The narration by Richard Davidson soundly guides the listener through this highly specialized work that, although first published seven years ago, remains recommended for university libraries supporting a finance and business curriculum.

The author, a psychiatrist, talks about how human nature intersects with the investment world. Narrated with over-the-top gravitas start to finish, the program warns the listener to keep a close eye on emotion and to do the homework required to understand the many variables in the market. The author's knowledge of technical trading methods is also outstanding, and he is most effective when blending this expertise with his insights about human nature. Presenting the big picture without over-simplifying, he helps serious students stand back from the fray when making investment decisions. This title is an outstanding integration of the technical language of economics and the language of emotion familiar to a broader range of listeners.

Download here.
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Candlestick Charting Explained by Greg Morris


Japanese candlesticks are one of the most important technical tools used in the market. Candlestick Charting Explained demonstrates how candlestick charts can be used to identify and anticipate price patterns in the financial and commodity markets. A comprehensive and authoritative overview, Candlestick Charting Explained describes how to combine candlestick charts with other technical tools to identify profitable trades. Clearly written and illustrated, this is a superb book for any trader who wants to master this powerful trading system.

Specific topics include:

* Candlestick charts versus bar charts
* Philosophy of candlestick pattern recognition
* Reversal and continuation pattern recognition
* Reversal and continuation patterns using candlesticks
* Trading with candlesticks

A great question is which is better: Nison or Morris? Nison is for those who use indicators; Morris is the purist using only volume.
Reference book? Morris gives you the picture and the explanation in an easy format and an index to find it. He also breaks the candles into groups and types. This is the valuable part of the book.
Who is more in depth? Well that's a tie with Morris winning slightly on candles & losing if you want to view the whole Japanese charting world, Kagi, Renko, 3 line break. Nison gives other Japanese charting types weight in the book which is good if you have Metastock bad if you don't. Personally I like the other methods.
So why did I give Morris the nod? As a professional trader I can't really give away an edge except that Morris is more tuned towards stocks & gives hints that Nison did not. Nison is also a boring writer, better lecturer. Morris is a better writer, teacher. Remember Morris gives you everything and if that's not enough then you're not reading carefully; looking over these previous reviews makes me happy because they obviously missed Morris' hints and guides. I saw them and my trading improved & I had used Candles for a long time before getting to Morris ala Nison & began to think them worthless. Now I understand their role.

Download here.
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The Candlestick Course by Steve Nison


Candlestick charting is more popular than ever before, with a legion of new traders and investors being introduced to the concept by some of today’s hottest investment gurus. Having introduced the candlestick technique to the West through two of his bestselling books, Steve Nison is regarded as a luminary in the field of candlestick charting. In his new venture, The Candlestick Course, Nison explains patterns of varying complexity and tests the reader’s knowledge with quizzes, Q&As, and intensive examples. In accessible and easy-to-understand language, this book offers expert instruction on the practical applications of candlestick charting to give every level of investor a complete understanding of this proven, profitable, and time-tested investing technique. Straightforward answers quickly clarify this easy-to-use charting method. This guide will allow readers to recognize and implement various candlestick patterns and lines in today’s real-world trading environment–giving them a noticeable edge in their trading activities

Steve Nison, CMT, the author of two previous volumes on candlesticks, and an educator, trader, and seminar speaker, has written a basic workbook on the fundamentals of candlestick charting and how to interpret and use only the most significant patterns. I attended one of his Nison's candlestick workshops at an investor expo, as well as reviewed his video and found them to be excellent educational vehicles.

This book is for those individuals who like to read about certain candlestick characteristics, and then test themselves on their level of understanding. Each chapter begins with a bullet-pointed list of learning objectives and key terms to watch for. It then explains the concept, shows examples, provides highlighted key points, and then provides review questions, and detailed answers. In most all of the chapters, the review questions and answers take up more pages than the explanation of the candlestick pattern or the concept being taught. So, this is more of an instructional and teacher-student approach to the subject.

One chapter entitled "Progressive Charting" is about 50 pages long and contains a walk-through of an unfolding market scenario, a few candles at a time using 88 annotated charts. The purpose of this approach is to help the reader interpret each candle or pattern in a real market situation and learn from his/her experience.

The last chapter entitled "Bringing It Altogether" asks you 42 questions about candlestick charting and provides the detailed answers. This allows the reader to determine his/her level of understanding and areas for further study. The book contains a short "visual" glossary illustrating candlestick patterns.
For readers who are avid students and like to work through numerous exercises and examples of the basics of candlesticks, this book will serve their needs well. For other investors who want more "meat" and detailed information and explanation, then I would recommend Nison's "Beyond Candlesticks" instead.

Download here.
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The New Science of Technical Analysis by Thomas R. DeMark


DeMark has spent 23 years trading stocks and futures and studying markets and is considered a major innovator in the field of technical market analysis. An expert on market timing and chart and trend analysis, he definitively and clearly explains his own methods and the new market indicators he has created and uses. He discounts as being too subjective many of the popular trend analysis techniques and suggests that they only seem successful in retrospect and fail to generate buy and sell signals adequately. His system is purely analytical and mechanical, and DeMark himself admits that it is unconventional and unorthodox. He does suggest, though, that his ideas may be applied universally to any event of a cyclical nature. This book is a Wiley Finance edition, one in a series of sophisticated financial market analyses issued by the publisher. David Rouse

Book Description

From the Foreword by John J. Murphy "DeMark’s work as a consultant has been restricted to large institutions and many of the legendary traders in the world today. By sharing his creative ideas with us, as well as his passion for precision and improvement, Tom DeMark’s emphasis on the ‘new science’ of technical analysis helps push the technical frontier another step forward. With the unprecedented attention now being paid to technical analysis, this new book couldn’t have come at a better time." —John J. Murphy, bestselling author of Technical Analysis of the Futures Markets and Intermarket Technical Analysis, and technical analyst for CNBC "This book is filled with innovative, creative, and clever new ideas on technical analysis. Tom DeMark has done a wonderful job of turning subjective techniques into objective strategies and tactics." —Courtney Smith President and CIO Pinnacle Capital Management, Inc. "Those who know him and his work call him the consummate technician—a trading system developer without peer." —Futures magazine "DeMark is the ultimate indicator and systems guy. No one touches him. I know the Holy Grail of trading systems doesn’t exist because if it did, Tom would have found it by now." —James Bianco Director of Arbor Trading "Tom DeMark is a genuine leader who has been behind-the-scenes until now. Publishing DeMark is a coup." —Ralph Vince author of The Mathematics of Money Management

If you're an experiece trader, you must read this book! If you trade based on any type of Technical Methodology, then this book should be on your book shelf. Granted, it could get complicated for novice traders, but once you've grasped the basics of Technical Analysis, don't hesitate to purchase this classic. Anyone that sees this title in the used section, grab it quick, the price is a true disparity!!

Download here.
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Mastering Elliot Wave by Glenn Neely


This book is actually for those who want to "master" the Elliott wave theory. Though Mr Neeley explains his method from the scratch, you have to spend a great amount of time to understand how to identify the waves and how you should apply the rules and guidelines even if you know the theory. After long hours of studying the book and applying the techniques on the price charts, you will surprisingly find out that your view on the technical analysis and Elliott wave theory changed.

"A large portion of market technicians spend their time trying to manipulate price data to find that "magical" key-indicator. How can a transformation of price data be better than the original data?" says Mr Neeley. If you're in the search of the "magical" key indicator(s), this book is not for you, since there's not even a word about the technical indicators, but when you finish studying the book, you will see that you don't need to look for an indicator.

Since Fibonacci numbers and golden ratio are the most important parts of the wave theory, you have to know how to apply them on the charts. This book is the best one I've ever read about how to apply Fibonacci techniques on a price chart. Not only the price distance, but the time elapsed to form the waves are dependant with the Fibonacci numbers and this book teaches you how to use them.

Author also defines clearly how to apply the Rule of Alternation, Rule of equality and Rule of Complexity. Further you read, you learn how to analyse complex wave structures and what to expect when the waves are advancing to form larger waves.
I have to warn those who want to learn some trading techniques using the Elliott Theory or Neeley Method, since there's nothing in this book about trading, but do not forget that this book is mastering the Elliott Wave. Do you think you still need a pre-made trading technique after mastering the theory? I don't think so.

Download here.
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Basic Fibonacci Principles


This ebook is an introduction to the fibonacci principles. It give a very good explanation on the fibonacci sequence and how we see this sequence in the environment surrounding us. You will be amazed about the mystery behind the fibonacci as you go through this ebook. You will encounter some paragraphs which you will just sit still and start wondering. Indeed, your fibonacci education starts from here.

The book also contains some very good information on the Elliot Wave principles and how we see it in the forex ot any other market.

Please note that this book does not contain any information on how to trade using the fibonacci series, it is just an introduction to fibonacci series that will give you the 'Big Picture'. Later on, you will have to look for more resources on how to apply fibonacci in your forex trading styles.

Download here.
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Trading With DiNapoli Levels by Joe DiNapoli


Eighteen years in formulation, 18 months in the making, professional trader, lecturer, and author, Joe DiNapoli, tells it all in his first full length 8.5 by 11, 300 page book.

With the trading perspective provided by this book you will be able to:

* Accurately place stops for maximum potential and minimum heartache
* Identify low risk entry levels
* Predetermine logical profit objectives
* Utilize the most effective trend-following techniques
* Position yourself before explosive moves occur
* Implement the best overbought and oversold oscillator available
* Utilize the Oscillator Predictor
* Understand the fundamentals of market action and reaction
* Formulate a practical trading plan
* See how most traders sabotage their own goals
* Discover how to Mix Leading and Lagging indicators across time frames for a high accuracy, low risk trading approach
* Enter strong, running market moves "safely"
* Understand how a unique application of the MACD/Stochastic trend indicator tells you where the public is acting and where the smart money is as well
* Capitalize on buy and sell areas unknown by most traders
* Benefit from the mechanics of trading thrust The experts say, "The Trend is your friend." DiNapoli Levels teaches you how to define Trend. The experts say, "Buy strength and sell weakness." This book teaches you how to buy weakness in an uptrend and sell strength in a downtrend. Then it shows you where to take your profits.

Download here.
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Surefire Trading Plan by Marc Mc Rae



I've seen some amazing systems. I have witnessed phenomenal track records, and have worked with some of the brightest minds in trading.

Do you want to know what they all have in common?

They all have a plan, not just any plan, they have a scientifically proven trading plan that lets them trade the market of their choice and achieve extraordinary results!

You see the SECRET of being a great trader is not always what you think it is. Sometimes the difference between greatness and failure can be money management or something as simple as where to place your stop loss or just a solid method that works.

Most traders have the ability to make money in the markets but their worst enemy is themselves. Think about this - Harry Houdini, probably the best escape artist that ever lived, once failed to escape from a safe, even though the safe door was unlocked! The reason he failed to escape was because he was focused on trying to crack the safe. It never occurred to him that the door was already open.

Trading is like that. Sometimes the smallest thing can turn your trading around. Have you ever felt that you knew you could become a successful trader but there was just that one thing that you didn't understand or you just needed that one bit of information to succeed?

Here's another thought for you. In a recent survey 32.7% of drivers thought that their driving ability was above average, and 28.6% of drivers thought that their driving skills were well above average. That means that 61.3% of drivers thought they were good drivers, yet these are the same drivers that get into accidents every day.

The point is this. We all have preconceived ideas of who we are and how we should do things. Traders get stuck in a rut by trying the same things day after day. They convince themselves that if they look at a chart long enough they will crack the code. The reality is that they never will because they are using the same approach, information or tactics every time they look at the chart.

"I Urge You To Go Lock The Door, Take The Phone Off The Hook, Grab Your Favorite Drink And Study Every Single Word You Are About To Read, Because It's THAT Important.

Here's Why! In addition To The Highly-Predictable Results You Can Have... Here Are Five Reasons I Think Surefire Trading Plans Can Help You...

How to trade three different successful trading plans. The reason there is more than one is because one size does not fit all. Some traders have full time jobs and can only trade part time. Some traders like to trade very small time frames and yet others will see something in one plan that makes sense or just suits them better.

How to design your own trading plan. I will show you what you absolutely must do in order for your plan to have any chance of success.

How to use the information in these reports to trade any market or any time frame. It doesn't matter if you trade Forex, Stock, Options or Futures.

How to overcome discipline and psychological stumbling blocks. 70% of all trading is a head game. You must have the right frame of mind to become a great trader.

How to use money management to gain the most profit from your trading. Remember, good money management is as important as the method.

Download here.
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Trading In The Zone by Mark Douglas


'If you are like most people, after your first few losing trades you set about to learn better market analysis. After your next string of losers you learned about risk management. But there's still one more challenge to conquer; yourself.

'That is the major premise of this book. If it sounds like wishy-washy psycho-babble to you, I'll only say that I would have agreed -- four months ago, before I quit my 20-year technology career, obtained a Series/7 license and joined a professional day-trading firm. I now believe most people would lose money if you gave them 50/50 odds on whether or not it was going to rain tomorrow.

'In other words, successfully forecasting the market is not enough. Why not? Well, this book explains why not. It has to do with one's sense of self-worth, one's moral judgment of money, one's work-ethic, one's tendency to focus on good news while ignoring bad, and other things.
'"Zone" was recommended to a friend of mine by a professional floor trader who told him, "I wish I had read it before starting two years ago. Don't place another trade until you do." Well said. Does this apply to investors as well as traders? Oh, absolutely! If you have ever said to yourself, "I'm not selling that stock while it's down, I'll wait until I have a profit in it," then for the love of money, read this book.

'Finally, read "Zone" before Douglas' earlier work. If you still want more then read "Disciplined Trader" for a general review plus a deeper exploration into the author's philosophical and meta-physical theories.

Download here.
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17 Money Making Candle Formations


This little ebook will be your trading cheatbook. It contains 17 of the most profitable candlestick formations which occurs much more frequently. The book guides you on how to recognize these formations and interprete them accordingly. Believe it or not, after going through this book, the way you perceive your charts will change definitely.

You will be amazed by amount of times you will see these formations on your real time charts and not to forget their unmatched accuracy. Although you can use this book only, I would advise that you get yourself some deeper knowledge on candlestick charting first, for instance, the Nison and Greg candlestick book will help you a lot.

Download here
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Sunday, July 15, 2007

45 Years in Wall Street by W D Gann


"45 Years in Wall Street" was actually Gann's last book, written in 1949 (he issued a revised edition of his commodities book in 1951), in which he presents the final version of his cycles-based system. Since cycles can extend, shorten, invert, and skip, Gann offers several trend-following methods to minimize damage from forecasting mistakes and to keep one on the right side of the markets. His excellent, 24 trading rules afford advice on money management, risk management, trend-following, trade entry, and exit techniques that are currently valid.

Gann always openly hinted that the details for his celebrated forecasting method were concealed in his writings. This book, as is all others written by Gann, is written on two levels. The first level is expository and describes how to swing-trade. The arcana submerged in the second level can be approached by examining the recurrent themes about time, price, and geometry, and the dates which he feels are significant. Details for Gann's time and price model are contained in all of his books and major courses with the exception of "Tunnel Through the Air."

Strangely, the weakest part of this book is the final chapter with Gann's predictions for the early 1950s. Gann felt that 1953 was going to be a year of post-war depression rivalling the great depression of the 1930s. His cycle model indicated a strong down-turn which actually became a cyclical inversion where the market turned sharply upwards - such are the hazards of public forecasting! However, Gann followers should not have lost money during the 1953 inversion, because their swing-trade methods would have self-corrected this forecast error.

Whatever level one chooses to tackle, this book is a worthwhile addition to anyone's trading library.

Download here
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Rapid Forex - Forex Surfing


In "FOREX Surfing" you'll learn how to make $200 to $3,000 (or even more) for just a few minutes to a couple hours worth of work, and you could easily do this multiple times per week!

In it Robert shares special proprietary strategies he's developed to consistently capture 20+ pips multiple times per week! He'll also explain how to use it to more safely enter a trade that would otherwise require a huge stop (which you may have otherwise passed on the trade due to the risk involved). You will learn many variations of these techniques to use for great profits, including a special technique to blast your profits in a way you probably never even heard of before (this one technique alone can make you a great income). This HUGE eBook is PACKED with dozens of specific trading strategies, variations, and extremely useful information to help you be a profitable FOREX trader.
The "FOREX Surfing" strategy does require some "technical analysis" which is well explained in the eBook and is easy to learn. It is a personal favorite technique to CONSISTENTLY capture those wonderful pips.

Download here
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TraderBO - Divergence Trading


Master this ingenious, yet simple method of earning 1,000+ pips per month.

This latest trading system, designed to enhance the performance of the author's original and amazing '5 EMAs' course, can be used equally well as a stand-alone trading method or to support / improve the results of another system.

Follow the simple instructions and you will be identifying entry and exit points with laser accuracy!

Money management techniques, developed especially for this system, are designed to ensure maximum returns.

System requirements:

As with all great systems, only the simplest of common technical indicators are required:

* Trend Lines (Support & Resistance)
* MACD
* Stochastics
* Williams' Percentage Range
* RSI

Trading FOREX, Futures, Stocks & Options is the best home-based business opportunity you will ever find!

You can trade online from the comfort of your home and make more money in one day than you would make in one month at work! With a little study and a little practice, you could quickly and completely replace your regular income. Anyone who learns this trading system will be able to make money by trading online.
Order this course and seize your opportunity to:

1) earn 1,000+ pips per month
2) achieve personal freedom

Illustration of USD/CHF trades over a 6 week period



Trade 1 - Entry price: 1.2770 Exit price: 1.2536 - 234 pips profit

Trade 2 - Entry price: 1.2536 Exit price: 1.2686 - 150 pips profit

Trade 3 - Entry price: 1.2686 Exit price: 1.2247 - 439 pips profit

Trade 4 - Entry price: 1.2247 Exit price: 1.2811 - 564 pips profit

Trade 5 - Entry price: 1.2811 Exit price: 1.2654 - 157 pips profit

Trade 6 - Entry price: 1.2654 Exit price: 1.2961 - 307 pips profit

A resounding 1,851 pips profit from only 6 trades over just 39 days.

Assuming an average profit of $8 per pip, that would equate to more than $14,800 by just trading a single contract each time.

Here, however, is where the real power of the money management rules would come into play... by following the optimised money management techniques developed for this system, the profit from the same six trades would be almost $23,400!

So, now you have seen the power of this system, the real question is....

Where will you be, financially, in 2 years time?

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Trend Following by Michael W. Covel


How did John W. Henry quietly become rich enough to buy the Boston Red Sox? How have traders like Keith Campbell, Bill Dunn, Jerry Parker, and Salem Abraham consistently generated immense wealth in bull and bear markets? The key is trend following -- the only strategy proven to consistently make money. Now, one of the field's leading experts pulls back the veil on trend following, showing how it works and how you can take advantage of it. Michael Covel reveals the "underground" network of little-known traders and hedge fund managers who've been using trend following for decades. He introduces its fundamental concepts and techniques, showing why market prices contain all the information investors need, and how to understand price movements well enough to profit from them. Using 100 pages of easy-to-understand charts from top trend followers, Covel proves the strategy works -- and shows why only a technical system based on following price trends can win over the long term. Covel presents more than a decade's worth of data: information you'd otherwise pay a fortune to see presented this clearly. He also shows even more backtested trend following results, so you can gain even greater confidence in the method. Along the way, Covel thoroughly debunks misinformation and failed advice from pros who ought to know better. This timely book capitalizes on today's intense volatility and uncertainty to give investors what they're desperately searching for: a strategy that really works.

THE INVESTMENT STRATEGY THAT WORKS IN ALL MARKETS...WITH PROOF TO BACK UP THE PROMISES

* Reveals the trading strategy that made John W. Henry rich enough to buy the Boston Red Sox.
* Contains 50+ pages of easy-to-understand charts, actual results from top Trend Followers.
* Shows how to apply trend following in your portfolio—one step at a time, in plain English.

“Trend Following will replace Market Wizards as the must-read bible for a new generation of traders.”

–Jonathan Hoenig, Portfolio Manager, Capitalistpig Hedge Fund LLC/Fox News Contributor

“Michael Covel’s Trend Following: Essential.”

–Ed Seykota, Trend Follower for 35 years and Original Market Wizard

“Investment books that have a lasting appeal offer insight that resonates with a large number of investors. We believe Michael Covel’s Trend Following will be such a book.”

–Richard E. Cripps, Legg Mason Chief Market Strategist

“A mandatory reference for anyone serious about alternative investments.”

–Jon Sundt, President and CEO of Altegris

“Michael Covel does an excellent job of educating his readers about the little-known opportunities available to them through one of the proven best hedge fund strategies. This book is like gold to any smart investor.”

–Christian Baha, CEO, Superfund

“Please read [Trend Following] whether you think you have an interest in trend following or are not quite sure…Covel has hit a home run with it.”

–Gail Osten, Editor-in-Chief, Stocks, Futures & OptionsMagazine

“Covel has created a very rare thing–a well documented and thoroughly researched book on trend following that is also well written and easy to read. This is one book that traders at all levels will find of real value.”

–John Mauldin, author of Bull’s Eye Investing

For more than 30 years, one trading strategy has consistently delivered extraordinary profits in bull and bear markets alike: Trend Following. Just ask the billionaire traders who rely on it...traders like John W. Henry, whose trading profits bought the Boston Red Sox!

In Trend Following, New Expanded Edition, you’ll meet them...and discover exactly how to use trend following in your own portfolio. This expanded edition includes more than 50 pages of easy-to-understand performance charts. It is the book multi-billion-dollar hedge funds have

made mandatory reading for their staffs.

Michael Covel goes right to the source, presenting powerful insights straight from the world’s top trend followers, and debunking Wall Street myths and misinformation from well-known pros who ought to know better. You’ll learn how to manage risk, employ market discipline, and, when the moment is right, swing for the home run.

* Real proof, real data, real results
Decades of actual performance charts from professional money managers

* All the information you need...in one number
Why the market price tells you all you need to know to trade

* Pinpointing targets of opportunity
What to trade, when to trade, and how much to trade

* How it’s done: classic case studies
Who profited from the global scandals of the last 15 years…and how they did it

* Meet today’s leading trend followers
Extraordinary trader profiles, including top traders from the past 30 years

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New Market Wizards by Jack Swagger


In these absorbing interviews with star performers in the financial markets, Schwager ( Market Wizards ) humanizes the mechanics and psychology behind billion-dollar daily world trading in such sophisticated instruments as currencies, stock options, commodity futures, and mutual-fund accounts by individuals, investment firms and group-trading computerized "money machines." One trader focuses on market response to news events, another calculates mathematical probabilities--one even cocks an ear to the noise level on the exchange floor. All rank assiduous research, self-confidence, a specific plan and the courage to cut losses among essentials to success. Few consider their work gambling, but Schwager entertainingly argues that a successful trader needs many of the qualities of a good poker player. Though the subject matter is esoteric, there is much here to attract the general reader, and Schwager appends a "primer" of technical basics.

This is the BEST of the 3 volume series. This book was absolutely outstanding and worth not only buying but keeping. I did not like volume #1 at all; there was really nothing in that & I doubted whether the traders interviewed had anything of value to give the reader. This book though is of a much higher quality as it delves more into Trading Systems & their psychology than previously.

A key thing you will learn from these interviews is best exemplified by Mike Carr a Turtle: Don't care what the market will do, Care what you will do when the market does it.

The gem in this series is Warren Eckhardt. In the first book the Ritchie Dennis & Will O'Neil interviews were the real gems. The others in vol#1 were totally without value including the GREAT Ed Seykota who is just a wise-acre with flippant answers and a juvenile sense of humour. Here in volume 2 even minor traders have more to say, perhaps Jack got better in getting information out of them?
Anyhow, remember more than HALF of these people have since gone the way of Livermore and blown up and those that haven't are RETIRED and teach at high costs.

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Forex Trading Machine by Avi Frister

Trading the Forex markets has become one of the most popular activities among people from all walks in life but with the solid interest of gaining financial freedom away from the traditional environments of the office work.

But Forex trading is not always easy. You will need a good amount of knowledge related to how the currency markets behave in order to become a profitable forex trader. It is the dream of every trader to have a forex trading machine that would help them once the time to make a transcendental decision in the markets comes.

Now a days a veteran trader has been spreading the word about an original and quite revolutionary way to trade the forex markets. It is a system based on what is called Price Driven Forex Trading (PDFT).

He claims that this is at last that elusive Forex Trading Machine that has been dreamed by many traders for many years. PDFT is a system based in three trading strategies that are able to produce consistent and systematic profits for the trader that follows PDFT to the letter.

Many veteran traders agree that in order to be successful in the world of forex trading you must be original, innovative and different in your trading systems. And this is the basis of the Forex Trading Machine based on a different approach to currency trading, this is by the use of PDFT which is a method of trading the forex market without using any type of indicators, support or resistance levels, moving averages, pivots, oscillators, fibonacci, trend lines or any other trading tool you can think of. Price Driven Forex Trading only uses the price of the currency pair and a time element. Quite innovative I would say.

In short, the Forex Trading Machine is what every machine should be; this original trading system is 100% mechanical, this means it requires no discretion or interpretation. You will simply have to follow strict rules if A = B then do C. That’s it.

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Microtrading - The 1 Minute Chart


This 7 page mini-book contains a strategy that shows you how to trade the 1min charts. The setup and following of the strategy is very simple and straight-forward. Among the main indicators used in this system we find the EMA and Bollinger bands. Using and applying the strategy as it should will allow you to make several trades or micro-trades every hour and gain lots of pips in profit on and on.

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