Selective Forex Trading skillfully outlines author Don
Snellgrove’s S90/Crossover: an independently verified technical
indicator that has provided traders with the ability to achieve over 100
consecutive Forex trades without a single loss. Whether you’re a
seasoned professional or just getting started, this approach—which is
based on historical resistance and support points within a trading
range—can assist you in entering and exiting positions for the greatest
profits possible.
Hom.................
I have perused this book. I have many books on Forex and have been a
Forex trader for several years. Like the review from Brad S. , I would
proceed cautiously. The outset of this book targets novice traders.
The market often is a self-fulfilling prophecy where universal indicators such as Bollinger Bands and Fibonacci levels are respected. Who are really using the ROI indicator and G-meter outside the CFG camp ? A "Doji" candlestick pattern is often regarded across many markets as a "possible" reversal indicator - but what of CFG's "twin peaks" candle patterns ?
We mere mortals cannot predict which way the markets will move. Therefore a sound trading plan would allow for the markets to move against our trades, which it often does, by our use of stop losses to protect our account. "Achieve Over 100 Trades in a Row Without a Loss" is not realistic [...]. Be leery where promises are made that you, the beginning trader, can walk away with big profits from the Forex market. This is a zero-sum market. If you won a trade, then someone else lost. Who are the "big money" traders that you are competing against ? Often they are veteran traders and banks that have their pulse on the news as it is released.
May I suggest learning about sound principles e.g. money management, technical analysis, economic releases that move the market e.g. interest rates, non-farm payrolls, Inflation indicators, etc..
The market often is a self-fulfilling prophecy where universal indicators such as Bollinger Bands and Fibonacci levels are respected. Who are really using the ROI indicator and G-meter outside the CFG camp ? A "Doji" candlestick pattern is often regarded across many markets as a "possible" reversal indicator - but what of CFG's "twin peaks" candle patterns ?
We mere mortals cannot predict which way the markets will move. Therefore a sound trading plan would allow for the markets to move against our trades, which it often does, by our use of stop losses to protect our account. "Achieve Over 100 Trades in a Row Without a Loss" is not realistic [...]. Be leery where promises are made that you, the beginning trader, can walk away with big profits from the Forex market. This is a zero-sum market. If you won a trade, then someone else lost. Who are the "big money" traders that you are competing against ? Often they are veteran traders and banks that have their pulse on the news as it is released.
May I suggest learning about sound principles e.g. money management, technical analysis, economic releases that move the market e.g. interest rates, non-farm payrolls, Inflation indicators, etc..