{"product_id":"the-fx-bootcamp-guide-to-strategic-and-tactical-forex-trading-isbn-9780470187708","title":"The FX Bootcamp Guide to Strategic and Tactical Forex Trading","description":"\u003cb\u003eA straightforward guide to trading today's dynamic Forex market\u003c\/b\u003e  \u003cp\u003eWritten by Wayne McDonell, the Chief Currency Coach at FX Bootcamp, this book shows readers how to successfully trade the Forex market on their own. \u003ci\u003eFX Bootcamp's Guide to Strategic and Tactical Forex Trading\u003c\/i\u003e skillfully explains how to combine popular technical indicators to formulate a comprehensive market strategy. Readers will then learn how to focus on using this information to create a tactical trading plan--one that will help them pull the trigger to get in and out of a trade. Along the way, McDonell takes the time to discuss the various challenges a Forex trader faces, such as greed, fear, loss, and isolation. As a Forex trader and educator of traders, Wayne McDonell knows what it takes to make it in the competitive world of Forex. And with \u003ci\u003eFX Bootcamp's Guide to Strategic and Tactical Forex Trading\u003c\/i\u003e he shows readers how.\u003c\/p\u003e \u003cp\u003ePreface xi\u003c\/p\u003e \u003cp\u003eIntroduction 1\u003c\/p\u003e \u003cp\u003eWhich Do You Do? 2\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart One Basic Training 5\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 Lagging Indicators 7\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMoving Averages 7\u003c\/p\u003e \u003cp\u003eMoving Average Convergence Divergence (MACD) 9\u003c\/p\u003e \u003cp\u003eBollinger Bands 14\u003c\/p\u003e \u003cp\u003eStandard Deviation 19\u003c\/p\u003e \u003cp\u003eSummary 19\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Leading Indicators 21\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePrice Support and Resistance 21\u003c\/p\u003e \u003cp\u003eFibonacci Retracements 24\u003c\/p\u003e \u003cp\u003eFibonacci Extensions 29\u003c\/p\u003e \u003cp\u003eSummary 33\u003c\/p\u003e \u003cp\u003ePart One Summary 34\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Two Strategic Analysis 37\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 How to Gather Market Intelligence to Formulate a Trading Strategy 39\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSpy Plane View 39\u003c\/p\u003e \u003cp\u003eInflation Sensation 40\u003c\/p\u003e \u003cp\u003eCentral Banking 42\u003c\/p\u003e \u003cp\u003eInflation Targeting 42\u003c\/p\u003e \u003cp\u003eCost of Money 42\u003c\/p\u003e \u003cp\u003eMoney Magnets 43\u003c\/p\u003e \u003cp\u003eInterested in Valuation 44\u003c\/p\u003e \u003cp\u003eForeign Exchange 45\u003c\/p\u003e \u003cp\u003eDemanding Consequences 45\u003c\/p\u003e \u003cp\u003eHouse of Cards 46\u003c\/p\u003e \u003cp\u003eNot Interested 46\u003c\/p\u003e \u003cp\u003eSummary 49\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 The Carry Trade 51\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFree House 53\u003c\/p\u003e \u003cp\u003eScary Carry 54\u003c\/p\u003e \u003cp\u003ePower Yen 55\u003c\/p\u003e \u003cp\u003eSummary 56\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Forex and the Fed 57\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eForex Economics 57\u003c\/p\u003e \u003cp\u003eThe Federal Reserve System 69\u003c\/p\u003e \u003cp\u003eSummary 73\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Commodity Correlations 75\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCommodity Correlation: Oil 75\u003c\/p\u003e \u003cp\u003eCommodity Correlation: Gold 77\u003c\/p\u003e \u003cp\u003eCommodity Correlation: Equities 78\u003c\/p\u003e \u003cp\u003eTrading Commodities 81\u003c\/p\u003e \u003cp\u003eSummary 81\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 Greenback Guru: Why You Should Specialize in Trading U.S. Dollars 83\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat’s Your USD Bias? 84\u003c\/p\u003e \u003cp\u003eCurrency Correlation Coefficient 85\u003c\/p\u003e \u003cp\u003eTrading Currency Correlation 86\u003c\/p\u003e \u003cp\u003eTrading a Basket of Currencies 88\u003c\/p\u003e \u003cp\u003ePetrodollars 89\u003c\/p\u003e \u003cp\u003eYet another Reason 90\u003c\/p\u003e \u003cp\u003eSummary 90\u003c\/p\u003e \u003cp\u003ePart Two Summary 91\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Three Rules of Engagement 93\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat’s the Time? 94\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Market Analysis 95\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSpeed of the Market 95\u003c\/p\u003e \u003cp\u003eMomentum of Price 101\u003c\/p\u003e \u003cp\u003eSummary 104\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Fundamental Analysis 105\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eEconomic Announcements 105\u003c\/p\u003e \u003cp\u003eGlobal Money Flow 106\u003c\/p\u003e \u003cp\u003eInterest Rates and Currency Values 106\u003c\/p\u003e \u003cp\u003eMarket Bias 107\u003c\/p\u003e \u003cp\u003eAnnouncement Calendar 108\u003c\/p\u003e \u003cp\u003eSummary 110\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 Technical Analysis 111\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSelf-Fulfilling Prophecy 111\u003c\/p\u003e \u003cp\u003eRange Analysis 112\u003c\/p\u003e \u003cp\u003eTrend Analysis 121\u003c\/p\u003e \u003cp\u003ePivot Analysis 126\u003c\/p\u003e \u003cp\u003eSummary 132\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11 Risk Analysis 133\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFear of Loss 133\u003c\/p\u003e \u003cp\u003eFear of Profit 134\u003c\/p\u003e \u003cp\u003eLimits 134\u003c\/p\u003e \u003cp\u003eFX Bootcamper Credo 135\u003c\/p\u003e \u003cp\u003eLimits for Loss 136\u003c\/p\u003e \u003cp\u003eLimits for Profit 138\u003c\/p\u003e \u003cp\u003eMore Tactics for Trade Entry and Exits 139\u003c\/p\u003e \u003cp\u003eYour Mind’s Eye 140\u003c\/p\u003e \u003cp\u003eDo Nothing 141\u003c\/p\u003e \u003cp\u003eDo You Have the Guts? 142\u003c\/p\u003e \u003cp\u003eSecond Chances in Forex 143\u003c\/p\u003e \u003cp\u003eSummary 145\u003c\/p\u003e \u003cp\u003ePart Three: Summary 146\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Four Tactical Planning 149\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12 Candlestick Patterns 151\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eReversal Patterns 152\u003c\/p\u003e \u003cp\u003eReverse and Continuation Patterns 158\u003c\/p\u003e \u003cp\u003eTrending Only 161\u003c\/p\u003e \u003cp\u003eSummary 162\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13 Range Trading 163\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGet in the Ring 163\u003c\/p\u003e \u003cp\u003eFloors and Ceilings 164\u003c\/p\u003e \u003cp\u003eOver and Out 165\u003c\/p\u003e \u003cp\u003eSummary 169\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 14 Trading the News 171\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eConservative News Trades 174\u003c\/p\u003e \u003cp\u003eSummary 182\u003c\/p\u003e \u003cp\u003ePart Four Summary 183\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Five Psychological Warfare 185\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 15 How to Cope with Pre- and Post-Trading Stress Disorders 187\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGoing Mental 188\u003c\/p\u003e \u003cp\u003eCommon Thread 189\u003c\/p\u003e \u003cp\u003eUnderstand Yourself, Understand Your Trades 191\u003c\/p\u003e \u003cp\u003eSummary 193\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 16 Trade Journals 195\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e3X the 4X 201\u003c\/p\u003e \u003cp\u003eSummary 202\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 17 Target Practice 203\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSummary 205\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 18 Three-Year Plan 213\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFX Business Planner 213\u003c\/p\u003e \u003cp\u003eRisk Management 216\u003c\/p\u003e \u003cp\u003eSummary 222\u003c\/p\u003e \u003cp\u003ePart Five Summary 223\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 19 Closing Notes 225\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Genesis of FX Bootcamp 225\u003c\/p\u003e \u003cp\u003eLead by Example 227\u003c\/p\u003e \u003cp\u003eAdditional Support 228\u003c\/p\u003e \u003cp\u003eIndex 231\u003c\/p\u003e \u003cb\u003eWAYNE McDONELL\u003c\/b\u003e is the Chief Currency Coach of FX Bootcamp (\u003cb\u003ewww.fxbootcamp.com\u003c\/b\u003e), a live Forex training organization. He is a professional Forex trader, a member of the National Futures Association, and a registered Commodities Trading Advisor. Respected in the Forex industry as a successful trainer, McDonell is a regular speaker at major investing conferences and expos in Asia, Europe, and America. His videos are syndicated around the world on outlets including Forex Television, FXstreet.com, MoneyShow.com, and MSN. His live trading Webinars have attracted up to 1,000 traders each. McDonell has written \"how-to\" articles for investing magazines, such as \u003ci\u003eYour Trading Edge\u003c\/i\u003e and the \u003ci\u003eFOREX Journal\u003c\/i\u003e magazine. He has also received notoriety in the National Post, TechWeek, Interactive Week, and \u003ci\u003eInc\u003c\/i\u003e. magazine to name a few.  In \u003ci\u003eThe Art of War\u003c\/i\u003e, renowned military strategist Sun Tzu states, \"The general who wins the battle makes many calculations in his temple before the battle is fought. The general who loses makes but few calculations beforehand.\" While this observation comes from one of the oldest military treatises in the world, it's an important piece of advice for traders looking to win in today's dynamic Forex market.\u003cbr\u003e \u003cbr\u003e   \u003cp\u003eAs the Chief Currency Coach at FX Bootcamp, author Wayne McDonell helps clients around the world excel in the Forex field by training them to develop and execute a trading plan with military precision. Why does this approach work so well? The answer is simpleâ??trading Forex is similar to war in that they are both zero-sum games, and in Forex trading, this means that one trader's gain can only come from another's equivalent loss. So, outthinking your opponent is essential to victory in both of these arenas.\u003c\/p\u003e \u003cp\u003eDivided into five comprehensive parts, \u003ci\u003eThe FX Bootcamp's Guide to Strategic and Tactical Forex Trading\u003c\/i\u003e puts this competitive market in perspective and shows you how to achieve success within it. This reliable resource opens with a detailed look at the technical indicators you'll need to use in your trading endeavors. From here, you'll discover how to combine these popular indicators to \u003cb\u003eformulate a comprehensive strategy\u003c\/b\u003e and learn how to use this information to \u003cb\u003ecreate a tactical trading plan\u003c\/b\u003eâ??one that will help you pull the trigger to get in and out of trades.\u003c\/p\u003e \u003cp\u003eBesides introducing you to a proven Forex trading methodology and showing you how to improve performance by running your trading operations like a business, this book also addresses some the most important psychological aspects of tradingâ??including greed, fear, loss, and isolationâ??and discusses what you must do to overcome such obstacles.\u003c\/p\u003e \u003cp\u003eIn Forex trading, patience and discipline are just as important as technical and fundamental analysis. With \u003ci\u003eThe FX Bootcamp's Guide to Strategic and Tactical Forex Trading\u003c\/i\u003e, you'll discover how developing positive trading habits and the right trading skills will put you in a better position to profit over the long haul.\u003c\/p\u003e  \u003cb\u003ePraise for The \u003ci\u003eFX Bootcamp's GUIDE TO Strategic and Tactical Forex Trading\u003c\/i\u003e\u003c\/b\u003e  \u003cp\u003e\"Wayne McDonell is the most popular Forex speaker on our Web site. His live training and educational events draw large crowds of traders because he can explain complex Forex trading concepts in a common language that anyone can understand. This book does the same. I highly recommend it.\"\u003cbr\u003e —Francesc Riverola, CEO of FXstreet.com\u003c\/p\u003e \u003cp\u003e\"If you're looking for specific strategies and methods for making money with currency trading, you need to start reading this book today. Wayne knows from experience what it takes to succeed in the Forex markets. He provides step-by-step instructions and explains in common language what to look for in charts and in the news to find profitable trades immediately. Don't make a single Forex trade until you've read this book!\"\u003cbr\u003e —Tim Bourquin, founder of The Forex Trading Expo\u003c\/p\u003e \u003cp\u003eWith The \u003ci\u003eFX Bootcamp's Guide to Strategic and Tactical Forex Trading\u003c\/i\u003e, McDonell shares his invaluable experience as a Forex trader and commodities trading advisor with you. Filled with in-depth insights and practical advice, this straightforward guide will teach you how to think for yourself and trade successfully—relying on your own technical, fundamental, and even psychological analysis. First, you'll become familiar with the indicators—from moving averages to price support and resistance—that form the foundation of the trading methodologies discussed in the book. Then, you'll discover how to put together a trading plan, and trade that plan for maximum profits. Along the way, McDonell also takes the time to discuss the various challenges you may face while trading Forex and explains how treating your trading operations like a business can improve overall performance.\u003c\/p\u003e \u003cp\u003eIf you want to be a successful Forex trader, you must have a firm understanding of how the global market works and how to trade it. With The FX Bootcamp's Guide to Strategic and Tactical Forex Trading, you'll quickly learn how to gather intelligence, formulate a strategy, and confidently pull the trading trigger.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990235889893,"sku":"NP9780470187708","price":84.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470187708.jpg?v=1761787020","url":"https:\/\/k12savings.com\/products\/the-fx-bootcamp-guide-to-strategic-and-tactical-forex-trading-isbn-9780470187708","provider":"K12savings","version":"1.0","type":"link"}