My Trade Book V3.1 - A must to have manual for all Stock, Forex and Commodities traders

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My Trade Book V3.1
- A must to have manual for all Stock, Forex and Commodities traders
( Detailed explanation of currently used Basics, Fundamental Analysis, Technical Analysis, Money Management and Trading Plan for the most effective Trading ).

Difference between Stock Exchange and Forex 6
History of the Forex 6
Important dates in the Forex History 8

Chapter – I : Introduction 10
I.1 Basics 10
I.2 What is Forex ? 10
I.3 How does forex works ? 11
I.4 Forex Trading Instruments 11
I.5 Advantages in Forex Trading 11
I.6 Benefits of Forex Trading vs. Equity Trading 12
I.7 Currency Pairs 13
I.8 What is a PIP ? 14
I.9 Major currencies 14
I.10 Buy and Sell 15
I.11 Calculating Profit and Loss 15
I.12 Orders – Stops and Limits 16
I.13 Pending Orders 16
I.14 Technique of the deals’ execution 16
I.15 Orders – O.C.O, I/D and Trailing Stops 24
I.16 Rollovers 25
I.17 Who Trades in the Forex Market? 25
I.18 Hedgers 25
I.19 Speculators 29
I.20 Daily or Position Trader, their strengths and weaknesses 29
I.21 Factors Affecting the Market 30
I.22 Forex Timings 30
I.23 Best Times to Trade with Major pairs 30
I.24 Trading Overlaps session 32
I.25 Best time to Trade 32
I.26 Currency pairs, Crosses and their move 33
I.27 Types of exchange arrangements, rate of exchange 33
I.28 Trading Platform 38
I.29 Opening Demo account 40
I.30 Opening Real / Live account 42
Test Questions 42

Chapter – II : Fundamental Analysis 43
II.1 Fundamental Analysis 43
II.2 Fundamental Theories 43
II.3 Fundamental Indicators 43
II.4 How to read and interpret a weekly economic calendar 46
II.4.1 Trading the Euro with Germany ZEW Survey 47
II.4.2 Trading the Swiss Franc with the Swiss Trade Balance 48
II.4.3 Trading the US Dollar with the FOMC Minutes 49
II.4.5 Trading the Aussie with Australia Trade Balance 51
II.4.6 Trading the Australian Dollar with THE RBA RATE DECISION 52
II.4.7 Trading the Euro with Germany Trade Balance 52
II.4.8 Trading the Euro with the ECB Rate Decision 54
II.4.9 Trading the Euro with the ESI 55
II.4.10 Trading the Euro with the IFO Report 56
II.4.11 Trading the Greenback with the US Trade Balance 56
II.4.12 Trading the Kiwi with the New Zealand Trade Balance 57
II.4.13 Trading the New Zealand Dollar with the RBNZ Rate Decision 58
II.4.14 Trading the Sterling with the BOE Rate Decision 59
II.4.15 Trading the Sterling with the UK Trade Balance 59
II.5 Major Fundamental News 60
a) NFP (Non-Farm Payrolls ) 60
b) Unemployment Claims 61
c) Trade Balance 61
d) Consumer Price Index (CPI) 62
e) Producer Price Index ( PPI) 62
f) Industrial Production (IP) and GDP 62
g) FOMC News 62
II.6 How to apply Fundamental news ? 63
Test Questions 63

Chapter – III : Technical Analysis 64
III.1 Importance of Technical Trading 64
III.2 Introduction To The Technical Analysis, Dow Theory 64
III.3 Technical Analysis 67
i. Dow Theory 67
ii. Elliott Wave Theory 68
iii. Chart Patterns 68
iv. Statistic Tools 68
III.4 Types of Charts & Time Frames 69
III.5 Types of trends, types of charts and formation rules. 71
III.6 Market types 73
III.7 Candlesticks Analysis 74
III.8 Types of Candle stick pattern 87
III.9 Trend lines 88
III.10 Major Technical Indicators 88
III.11 Commonly used indicators 89
a) Support 90
b) Resistance 90
c) Moving Average 90
d) Bollinger Bands 92
e) Trading the Pull back using Trend Lines 92
f) Fibonacci Retracements 93
g) Pivot Point 94
h) Moving Average Convergence and Divergence (MACD) 95
i) Relative Strength Index (RSI) 96
j) AKTrend* 97
III.12 Chart the trends and range bound markets 98
III.13 Follow the trend 99
III.14 The most common uses of Moving Averages 99
III.15 Indicate Bullish and Bearish Divergence 101
III.16 Momentum Indicator (MI) 104
III.17 Trend Analysis 104
III.17.1 Graphical patterns analysis 121
III.17.2 Reversal Pattern “Head-and-Shoulders” 122
III.17.3 Inverse “Head-and-Shoulder ” pattern 123
III.17.4 Triple Top and Triple Bottom 124
III.17.5 Double top and double bottom 126
III.17.6 V-shaped Patterns or Spikes 128
III.17.7 Flag and Pennon 133
III.17.8 Wave Analysis. Elliott Wave Principle 134
III.18 Alternation Principle 142
III.19 Fibonacci Relationships 143
III.20 Mathematical analysis 147
III.21 Bollinger Bands 153
III.22 RSI (Relative Strength Index) 156
Test Questions 163

Chapter – IV : Money Management 165
IV.1 How to manage your risk 165
IV.2 Risk and Reward 166
IV.3 Margin requirement 166
IV.4 What is Leverage? 167
IV.5 Money Management Rules 167
IV.6 Lot size Calculation* 168
IV.7 Risk management 176
IV.8 Profit 180
Test Questions 182

Chapter – V : Setting up Your Trading Method / Plan 183
V.1 Your Trading Plan 183
V.2 Constructing & Implementing Your Trading Plan 183
V.3 Ten Types Of Market Action To Avoid 184
V.4 Trade Less Win More 185
V.5 How to Beat the 10 Pitfalls of Trading 187
V.6 Exit Stop-Loss 188
V.7 Exit Target 189
V.8 When You Will Become A Professional Forex Trader? 189
V.9 Trading psychology 191
V.10 My observation on RBI (Reserve Bank of India) Vs INR (Indian Rupee) 200
V.10.1 RBI purchase of Dollars to stop the strengthening rupee: Justified? 200
V.10.2 What determines the exchange rate of rupee against the other currencies? 200
V.10.3 Why government don't want rupee to be strong against other currencies? 200
V.10.4 Is this economic policy logically sound on economic grounds? 201
V.10.5 RBI should start buying more GOLD instead of useless dollars 201
V.10.6 How Indian Rupee appreciation worsen current account deficit? 202
V.11 Will everyone be able to become a successful trader ? 202
V.12 How to choose a good broker in the forex trading ? 203

      Glossary  205

BUY / SELL signal software Tool - AKTrend 212