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4 Keys to Profitable Forex Trend Trading

Unlocking the Profit Potential of Trending Currency Pairs

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eBook

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Product Information

Format(s): Paperback - eBook

ISBN(s): 9780857190895 - 9780857192080

Published: 30th Jan 2012

No. of pages: 188

SKU(s): 601193 - 863948

About the Author

Christopher Weaver

Christopher Weaver is a technical analyst who has spent extensive time trading and studying the trends and movements of the Foreign Exchange Market. He believes in making trading accessible to anyone willing to commit the time and effort needed to master this Market and has personally mentored hundreds of new traders. As well as having written books and trading manuals on the subject, Christopher . Read more on Christopher Weaver

Contents Listing

Key 1 - Trend Lines
The Theory
- Primary strength: tells you whether to buy or to sell
- Some practicalities
- Basic trend line characteristics
- Trend line types
- Trend line projection
Entry and Exit Strategies
1. Trend line bounce strategy
2. Trend line break strategy
- Key 1 Summary

Key 2 - Channels
The Theory
- Primary strength: creates a trending range
- Channel characteristics
- Channel types
- Channel zone projection
Entry and Exit Strategies
1. Channel bounce strategy
2. Channel break strategy
- Key 2 Summary

Key 3 - Fibonacci Retracement Levels
The Theory
- Primary strength: reveals hidden support/resistance levels
- Fibonacci retracement level characteristics
- Fibonacci types
- Overlapping Fibonacci levels
Entry and Exit Strategies
1. Fibonacci bounce strategy
2. Fibonacci break strategy
- Key 3 Summary

Key 4 - Symmetrical Triangles
The Theory
- Primary strength: clear message - indecision
- Symmetrical triangle characteristics
- Symmetrical triangle types
- Symmetrical triangle zone projection
Entry and Exit Strategies
1. Symmetrical triangle bounce strategy
2. Symmetrical triangle break strategy
- Key 4 Summary

Using the Keys Effectively
Which currency pairs should we trade?
The trend strength of the cross rates
The locked chart
Multiple key confirmations
Examples of multiple key confirmations

Key 1 - Trend Lines
The Theory
- Primary strength: tells you whether to buy or to sell
- Some practicalities
- Basic trend line characteristics
- Trend line types
- Trend line projection
Entry and Exit Strategies
1. Trend line bounce strategy
2. Trend line break strategy
- Key 1 Summary

Key 2 - Channels
The Theory
- Primary strength: creates a trending range .

Jacket Text

The forex market is huge, and the potential to make money from it immense, but how should you structure your trading in order to profit from it? Technical analyst Christopher Weaver shows you how to improve your trading of trending currency pairs using trend lines, channels, Fibonacci retracements and symmetrical triangles.

These are the four keys to making money trading forex. And this is no surface guide; the author explores in-depth how every key works, why they are useful, their different variations, and, most importantly, two practical strategies for each which take full advantage of their strengths.

The concepts behind the keys can sound mysterious, but Christopher lays bare their workings with plain English and sharp insight. Fully illustrated with charts and examples, this is a unique and essential guide to making successful trades in the most exciting market out there.

Media Coverage

The currency pairs which make up the foreign exchange market provide us with some of the most reliable trading trends. This is due to the high daily liquidity, or volume, of the market. The foreign .

Invariably the foreign exchange market provides traders with some of the clearest and most reliable trends. This is in the most part due to the high daily liquidity, or volume, of the market. The FX .

FX Trader Magazine

Christopher Weaver is a technical analyst who has spent extensive time trading and studying the trends and movements of the foreign exchange market. He believes in making forex trading accessible to .

Your Trading Edge

My experience as a forex trader has certainly taught me a lot. Some of the things that I have learned are completely relevant to forex trading, while others are seemingly less relevant to the "world .

The foreign exchange market is complex, but the opportunities to profit from it are endless. In 4 Keys to Profitable Forex Trend Trading, analyst Christopher Weaver explains how .

Traders Day Trading

4 Keys to Profitable Forex Trend Trading: Book Review by Kenny of Tradersdaytrading.com

Christopher Weavers 4 Keys to Profitable Forex Trend Trading gives the reader an in depth explanation of 4 .

Forex trader Christopher Weaver talks about his new book ?4 Keys to Profitable Forex Trend Trading? with Trading Diary.

I have been around the trading scene for a while. Having .

Technical analyst Christopher Weaver has spent extensive time trading and studying the trends and movements of the foreign exchange market. With his new book, 4 Keys to Profitable Forex Trend .

4 Keys to Profitable Forex Trend Trading

4 Keys to Profitable Forex Trend Trading: Book Review by Kenny of Tradersdaytrading.com

Christopher Weavers 4 Keys to Profitable Forex Trend Trading gives the reader an in depth explanation of 4 simple, but very effective trend trading techniques. Although the author describes them as Forex trading strategies, as with virtually all technical analysis methods, these systems can also be used in a technical analysis study of almost any other financial market.

Forex is the largest financial market in the world, trend trading is one of the most profitable ways to trade, and the 4 keys described by the author are 4 of the rudimentary elements of technical analysis.

Combining all of those factors with his excellent explanation of the methods used in their practical application, and I am certain that Chris Weaver is bound to have a winner on his hands with this book, 4 Keys to Profitable Forex Trend Trading.

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4 Keys to Profitable Forex Trend Trading

Author Interviews Index

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Jeffrey Tennant

4 Keys to Profitable Forex Trend Trading

The 4 keys described in the book are actually very similar to some of the elements of a system that I have used in my Trend Trading tutorial on this site, however, Chris Weaver has done a far better job of describing them than I ever could.

Key 1
Even if you have never drawn a trend line before, this manual will show you a simple strategy for how to draw simple trend lines and apply them successfully. The author takes you step by step through a system of drawing the trend lines, and how to find precise trade entries, targets and where to place your stop losses.

Key 2
The second key is an extension of the first, where readers are shown how to use these simple trend lines from to create a price channel. Once again, readers are taken step by step through a system of drawing the price channels, how to find precise trade entries, targets and where to place stop losses.

Key 3
This key involves another of my favorite technical tools, Fibonacci. This is actually a huge topic as there are various systems and methods of using Fibonacci in technical analysis. Chris’s third key more specifically focuses on Fibonacci retracements and his system for using these levels to find specific trading entries, targets and stop losses.

4 Keys to Profitable Forex Trend Trading

Key 4
Symmetrical triangles, patterns created from converging trend lines. Once again, includes a very clear description of how to draw the converging trend lines, and how to use them to find precise trade entries, targets and stop loss levels.

4 Keys to Profitable Forex Trend Trading is an ideal introduction to anyone who is interested in learning the basics of trend trading whether it is in Forex, Stocks, Commodities or any other market. The 4 keys are fundamental elements of technical analysis and the book gives readers an excellent introduction to their practical application through some example trading strategies, backed up every step of the way with an abundance of graphical illustrations.

Although experienced chartists will recognize the methods used, Weavers 4 Keys to Profitable Forex Trend Trading does offer a reminder of how simple trend line analysis can be used to develop some highly profitable trading systems. However, beginners to technical analysis will undoubtedly be the ones who gain the most from this book.

Free Guide

Elliott Wave PDF

Free to download, the Traders Day Trading free Elliott Wave Theory PDF quick start guide. Download it free now for a quick overview of the basics.

It is a handy reference guide to the basics of the wave patterns and wave formation.

4 Keys to Profitable Forex Trend Trading : Contents

Key 1 - Trend Lines
The Theory
- Primary strength: tells you whether to buy or to sell
- Some practicalities
- Basic trend line characteristics
- Trend line types
- Trend line projection
Entry and Exit Strategies
1. Trend line bounce strategy
2. Trend line break strategy
- Key 1 Summary

Key 2 - Channels
The Theory
- Primary strength: creates a trending range
- Channel characteristics
- Channel types
- Channel zone projection
Entry and Exit Strategies
1. Channel bounce strategy
2. Channel break strategy
- Key 2 Summary

Key 3 - Fibonacci Retracement Levels
The Theory
- Primary strength: reveals hidden support/resistance levels
- Fibonacci retracement level characteristics
- Fibonacci types
- Overlapping Fibonacci levels
Entry and Exit Strategies
1. Fibonacci bounce strategy
2. Fibonacci break strategy
- Key 3 Summary

Key 4 - Symmetrical Triangles
The Theory
- Primary strength: clear message - indecision
- Symmetrical triangle characteristics
- Symmetrical triangle types
- Symmetrical triangle zone projection
Entry and Exit Strategies
1. Symmetrical triangle bounce strategy
2. Symmetrical triangle break strategy
- Key 4 Summary

Using the Keys Effectively
Which currency pairs should we trade?
The trend strength of the cross rates
The locked chart
Multiple key confirmations
Examples of multiple key confirmations

4 Keys to Profitable Forex Trend Trading : Jacket Text

The forex market is huge, and the potential to make money from it immense, but how should you structure your trading in order to profit from it? Technical analyst Christopher Weaver shows you how to improve your trading of trending currency pairs using trend lines, channels, Fibonacci retracements and symmetrical triangles.

These are the four keys to making money trading forex. And this is no surface guide; the author explores in-depth how every key works, why they are useful, their different variations, and, most importantly, two practical strategies for each which take full advantage of their strengths.

The concepts behind the keys can sound mysterious, but Christopher lays bare their workings with plain English and sharp insight. Fully illustrated with charts and examples, this is a unique and essential guide to making successful trades in the most exciting market out there.

by Christopher Weaver

Pages: 384
Published: 30 Jan 2012

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