Sometimes life will throw you a curve ball, as it did me. I now know that a backup income or skill is something that everyone should have! This is a book designed to showcase a strategy using momentum. As price tends to follow momentum, we can exploit this fact for a nice edge in our trading. Using a 1 period simple moving average is an innovative and very effective way of accurately seeing the momentum develop on our charts.
We will be taken from setting up our charts on a basic platform, through the strategy, and then risk management. There is so much information available to traders that we will be concentrating on what really matters to implement our strategy. Keeping it as simple as possible, and still complete!
This book is useful to any trader, whether you are just looking for something that works, or thinking about getting started on your forex adventure.
The author is an actual trader and willing to answer questions that are posed on his website.
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Learn more about the writer. Visit the Author’s Website.
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I was a boomer born in 1945. I was lucky enough to have a great family with
two brothers and one sister, a dad that worked, and a stay at home mom.
My dad was honest almost to a fault, and I hope and believe some of that trait has rubbed off
on me. My wonderful wife Nona and I have four children between us,
plus, lots of grandchildren. I have lived in the same small town in northern
Michigan all my life. My chosen profession has been in the dental laboratory
industry. Another thing is I do want to make it perfectly clear that I am not a financial advisor, I have no degree in finance and I do not pretend to have one.
So then, what makes me think that I am qualified to show others how to
trade the forex market. Please let me explain. When I sold my business in 2001
I spend the first couple of years building, or at least helping
to build a new home. Once we moved in, I was looking for something rewarding and even fun that
I could sink my teeth into. I needed a new profession or maybe
a hobby. I was still playing racquetball 3 times a week, that was good but still not quite
enough for me. I liked watching CNBC in the mornings. I did know what stocks were, but currency quotes were something that was popping
up on my television a lot and I was intrigued and wondered what that was
all about. That is how this all got started. Over the years I have developed my own trading strategy, I am excited about it and love sharing and helping others learn…..Remember every one needs a back up skill, or even use it as your primary source of income!