Editorial
Reviews: From the Inside Flap
If you intend on successfully trading in today's foreign
exchange market, you need to be familiar with the strategies
and systems that can help you capture consistent profits
and effectively manage risk. Nobody knows this better than
author John Person. With almost thirty years of experience
in the trading business—as a broker, trader, and
teacher of traders—Person understands what it takes
to make it in this fast-paced environment, and with Forex
Conquered, he wants to show you how.
Whether you're a position trader, swing trader, or day
trader, Forex Conquered can show you how to successfully
navigate this dynamic market by using proven technical
analysis techniques. Filled with in-depth insight, expert
advice, and detailed examples, this book presents you with
a comprehensive set of trading tools and reliable trading
tactics that can be applied to everyday forex trading.
And through discussions of different issues associated
with trading the currency market, it also provides you
with the knowledge needed to properly enter a position;
identify a trade setup, trigger, or entry execution order;
effectively place stops; and exit a trade without hesitation.
Written with the serious trader in mind, Forex Conquered:
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Examines what it takes to develop a trading system,
how to evaluate it from a hypothetical standpoint,
and apply it in real-world forex trading situations
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Covers the fundamentals of candlestick charting and
explains how to utilize them
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Highlights the benefits that leading price indicators
like Fibonacci price corrections, extensions, and projections
analysis have to offer
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Introduces Elliott wave theory and illustrates how
to apply this method in the forex market
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Outlines three effective trading systems based on
pivot points—the stochastics system, the MACD
histogram system, and the pivot point moving average
system—that can be immediately implemented in
your forex trading endeavors
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Explores essential trade and risk management issues
In addition to the valuable information found throughout
these pages, this book's companion CD contains a Fibonacci
calculator as well as a pivot point calculator, which can
assist you in developing a trading plan without having
to purchase extra software. Best of all, these calculators
may give you an edge in determining longer-term price objectives,
such as quarterly or annual price outlooks, which most
software cannot do. The CD also includes six separate tutorials
totaling more than 40 minutes of one-on-one instruction.
"Forex Conquered is a bold title, but this
book delivers the tools needed for successful forex trading.
There is no fluff here, just the wisdom of a trading veteran
that I have always respected-and followed."
—Michael Kahn, Editor, Quick Takes Pro market
letter and Columnist, Barron's Online
"This is a wonderful, in-depth view into the explanation
of technical analysis and prudent money management guidelines
in the forex market."
—Blake Morrow, President, 4XMadeEasy
"Forex Conquered is a meaningful contribution to
the growing number of books on forex trading. John Person
provides a professional view of forex trading that readers
will be able to use as a guide for strategies and tactics
that work. The scope of the book covers more than forex
and includes salient aspects of futures and option trading.
It should be read and then re-read!"
—Abe Cofnas, President, Learn4x.com
Note: CD-ROM/DVD and other supplementary
materials are not included as part of eBook file.
