{"product_id":"attacking-currency-trends-isbn-9780470874387","title":"Attacking Currency Trends","description":"\u003cb\u003eThe guide for reading long-term trends in the foreign currency market\u003c\/b\u003e \u003cp\u003eTo thrive in the marketplace traders must anticipate, enter, and stay with trends in the foreign exchange market.\u003c\/p\u003e \u003cp\u003eIn this much-needed guide top forex, expert Greg Michalowski clearly explains the attributes of successful traders, and shows how traders can set themselves up for success by drafting an explicit mission statement and game plan. The book also contains the tools and techniques traders need to read the markets and identify when a market is in a trend. Michalowski shows traders how to enter an emerging trend, how to manage the position, and how to exit the position most effectively.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eIncludes the technical tools needed to invest in the foreign exchange market: moving averages, trendlines, and Fibonacci levels\u003c\/li\u003e \u003cli\u003eShows how to identify a trend and stick with the trend through its duration\u003c\/li\u003e \u003cli\u003eWritten by Greg Michalowski who was cited by \u003ci\u003eSmartMoney\u003c\/i\u003e magazine as a \"go to\" source for making money moves\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eWith this book, Michalowski offers an important resource for identifying and riding out long-term trends in the volatile foreign currency.\u003c\/p\u003e \u003cp\u003eAcknowledgments xi\u003c\/p\u003e \u003cp\u003eIntroduction 1\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART I The Foundation for Success 19\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 1 Stereotyping the Retail Currency Trader 21\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThey Think Trading Currencies Is Easy 22\u003c\/p\u003e \u003cp\u003eThey Have Too Much Fear 27\u003c\/p\u003e \u003cp\u003eThey Lose Money 29\u003c\/p\u003e \u003cp\u003eThey Are Too Fundamental (Not Technical Enough) 31\u003c\/p\u003e \u003cp\u003eThey Don’t Know Enough about Key Fundamental Requirements 34\u003c\/p\u003e \u003cp\u003eThey Fail to Anticipate Trends 45\u003c\/p\u003e \u003cp\u003eDon’t Be Like the Rest ... Change! 46\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 2 The Six Attributes of a Successful Currency Trader 47\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat Are You Good at Doing? 47\u003c\/p\u003e \u003cp\u003eThere Will Always Be Peaks and Valleys 49\u003c\/p\u003e \u003cp\u003e1. Skill or Aptitude 49\u003c\/p\u003e \u003cp\u003e2. Practice, Practice, Practice 52\u003c\/p\u003e \u003cp\u003e3. Know Your Risk 54\u003c\/p\u003e \u003cp\u003e4. Create and Execute a Plan 58\u003c\/p\u003e \u003cp\u003e5. Control Your Fear 61\u003c\/p\u003e \u003cp\u003e6. Be Greedy Enough 63\u003c\/p\u003e \u003cp\u003eA Foundation for Success 66\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 3 The Mission Statement 67\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eA Team of One 68\u003c\/p\u003e \u003cp\u003eA Two-Part Mission Statement 70\u003c\/p\u003e \u003cp\u003eFinding Trades That Satisfy Your Mission Statement 76\u003c\/p\u003e \u003cp\u003eThe Importance of Staying on Trend 80\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 4 What’s Your Game Plan? 85\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eEvery Mission Statement Needs a Game Plan 86\u003c\/p\u003e \u003cp\u003eTrade the Trends 86\u003c\/p\u003e \u003cp\u003eKeep Fear to a Minimum 91\u003c\/p\u003e \u003cp\u003eNever Underestimate a Strong Foundation 97\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 5 Rules for Attacking the Trend 99\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eRule 1: Keep It Simple (but Stay Positive) 100\u003c\/p\u003e \u003cp\u003eRule 2: Have a Reason to Place a Trade 105\u003c\/p\u003e \u003cp\u003eRule 3: Be Picky about Your Tools 107\u003c\/p\u003e \u003cp\u003eRule 4: The “If . . . Should” Rule 115\u003c\/p\u003e \u003cp\u003eRule 5: Look Ahead, but Not Too Far Ahead 117\u003c\/p\u003e \u003cp\u003eRules Rule 120\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 6 The Trader’s Toolbox 121 \u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eRules for the Tools 122\u003c\/p\u003e \u003cp\u003eHow to Use Fundamental Analysis 122\u003c\/p\u003e \u003cp\u003eThe One Thing We Can Agree On: Price 125\u003c\/p\u003e \u003cp\u003eThe Tools 131\u003c\/p\u003e \u003cp\u003eIf I Had a Hammer 146\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART II Tools and Strategies 147\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 7 Moving Averages 149\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat Is a Moving Average? 150\u003c\/p\u003e \u003cp\u003eHow to Use Moving Averages 151\u003c\/p\u003e \u003cp\u003eTime Frames for Analysis 156\u003c\/p\u003e \u003cp\u003eAnticipating a Trend 164\u003c\/p\u003e \u003cp\u003eManaging a Trend 167\u003c\/p\u003e \u003cp\u003eManaging Profits 169\u003c\/p\u003e \u003cp\u003eTrade Setups 171\u003c\/p\u003e \u003cp\u003eThe Push That Gets the Market Going 177\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 8 Trend Lines and Remembered Lines 179\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBullish Trend Lines 180\u003c\/p\u003e \u003cp\u003eBearish Trend Lines 183\u003c\/p\u003e \u003cp\u003eChannels: Highways to Ride the Trend 186\u003c\/p\u003e \u003cp\u003eFlags and Pennants 190\u003c\/p\u003e \u003cp\u003eFinding the Golden Ticket 192\u003c\/p\u003e \u003cp\u003eRemembered Lines 197\u003c\/p\u003e \u003cp\u003eSimple but Effective 204\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 9 Fibonacci  Retracements: The Hybrid Tool 205\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction to Fibonacci 206\u003c\/p\u003e \u003cp\u003ePlacing Retracements on a Chart 210\u003c\/p\u003e \u003cp\u003eUsing Fibonacci Retracements 214\u003c\/p\u003e \u003cp\u003eTrading Shorter-Term Corrections 227\u003c\/p\u003e \u003cp\u003eUsing the Tools to Your Best Advantage 231\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 10 Preparing for the Trade 233\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFirst Things First 234\u003c\/p\u003e \u003cp\u003eAnalyzing the Charts 236\u003c\/p\u003e \u003cp\u003eA Composite View of the Clues 249\u003c\/p\u003e \u003cp\u003e“Is Ita Boy ora Girl, Doc?” 251\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCHAPTER 11 Executing the Game Plan 253\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Kickoff: The Entry Trade 254\u003c\/p\u003e \u003cp\u003eManaging the Trade 256\u003c\/p\u003e \u003cp\u003eFinding Clues in the Consolidation Phase 264\u003c\/p\u003e \u003cp\u003eA Borderline: Always a Low-Risk, Unambiguous Level 266\u003c\/p\u003e \u003cp\u003eAnother Trend Reentry 267\u003c\/p\u003e \u003cp\u003eThe Key Role of Borderlines in Hourly and Daily Charts 271\u003c\/p\u003e \u003cp\u003eAttack the Currency Trend 275\u003c\/p\u003e \u003cp\u003eAbout the Author 277\u003c\/p\u003e \u003cp\u003eIndex 279\u003c\/p\u003e   \u003cp\u003e\u003cb\u003eGREG MICHALOWSKI\u003c\/b\u003e is the chief currency and trading analyst for FXDD. Prior to joining FXDD, he was an assistant vice president and trader in the treasury\/funding area with Citibank in New York, a vice president and interest rate derivatives trader at Citibank in London, and a vice president and trader in the banks funding department at Credit Suisse First Boston. Michalowski maintains a daily market commentary and currency analysis website at fxdd.com. His market comments are quoted in the financial press by Bloomberg.com, Reuters, and the \u003ci\u003eWall Street Journal,\u003c\/i\u003e and he has written for various print and online trading publications, including eForex, \u003ci\u003eEquities\u003c\/i\u003e magazine, forexstreet.com, stocktwits.com, and forexfactory.com. His twitter site, twitter.com\/gregmikefx, was one of thirteen cited by \u003ci\u003eSmartMoney\u003c\/i\u003e magazine as a \"go to\" source for making money moves.       \u003c\/p\u003e\u003cp\u003e\u003cb\u003eATTACKING CURRENCY TRENDS\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eMaking money while limiting risk is something every good trader strives to do. But in order to achieve this goal you need a firm understanding of financial markets, as well as the tools that will allow you to effectively apply sound trading strategies in them. \u003c\/p\u003e\u003cp\u003eNobody understands this better than author Greg Michalowski—a market veteran who has spent the last ten years with retail forex brokerage company FXDD—and now, with \u003ci\u003eAttacking Currency Trends,\u003c\/i\u003e he shares his experience in this field with you. Following a step-by-step approach and progressing in a logical manner, this practical guide will help swing trading results in your favor by showing you how to better anticipate and attack the trend in currencies. \u003c\/p\u003e\u003cp\u003eDivided into two comprehensive parts, this reliable resource opens with a detailed discussion of how to build a solid foundation for your currency trading. Here, you'll become familiar with the attributes of all successful traders and discover the essential characteristics of retail currency traders. Along the way, you'll also be introduced to specific elements that will allow you to excel in attacking forex trends—namely a mission statement, a game plan, and rules. \u003c\/p\u003e\u003cp\u003eAfter explaining how to develop a solid foundation, the book transitions into the technical tools and strategies used to anticipate and manage forex trends, define risk, and control fear. You'll gain valuable insights into three main charting tools—moving averages, trend lines and remembered lines, and Fibonacci retracements—and learn why successful currency traders look at short-, intermediate-, and long-term time periods equally and trade using all three. Relevant examples are also included, highlighting how trading does not always have to be complicated. \u003c\/p\u003e\u003cp\u003eSuccess in currency trading, as in any business, is based on building the right foundation and using the proper tools. Combining his years of trading experience with his knowledge of retail traders and the nuances of the currency market, Greg Michalowski has created an accessible trading guide that will help you minimize risk, keep fear in check, and capture consistent profits in today's dynamic currency market.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47988774928613,"sku":"NP9780470874387","price":60.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470874387.jpg?v=1761781542","url":"https:\/\/k12savings.com\/es\/products\/attacking-currency-trends-isbn-9780470874387","provider":"K12savings","version":"1.0","type":"link"}