Courses Infomation

The Price Action Manual, 2nd Ed 2008 by Bryce Gilmore

Forex Trading – Foreign Exchange Course

You want to learn about Forex?

Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.

Size: 33.7 MB

Price $179 (A250)

Our latest publication Price Action Manual is the place to start. It is a complete summary on how to trade our methodology intraday. It summarizes a complete trading approach and our WaveTrader Software Suite was designed as a support mechanism to make the methodology much easier to follow and implement in real time.

It will teach you to trade like a pit trading professional with 20 years market experience.

Everyday the market PRICE ACTION creates opportunities for profitable short term trades. The set ups I will explain to you will teach you how to trade in all possible market conditions. My PRICE ACTION teaching follows clearly defined rules that will open the door to you to make low risk trading entries at least 3 times or more per day.

The PRICE ACTION trading approach works consistently well in most futures markets and gives you precise instructions on where the best price levels lie to actually put a trade on.

This E-Book contains a guide to the 10 most reliable trading set-ups I know that repeat time and time again. They are simple to learn if you wish to put in a little work and use some basic commonsense. You can believe it or not but you will never know until you explore the possibilities.

What is forex?

Quite simply, it’s the global market that allows one to trade two currencies against each other.

If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.

If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.

Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.

An exchange rate is the relative price of two currencies from two different countries.

You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!

You’ve exchanged one currency for another.

Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.

Currency Exchange

Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.

It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.

Salepage : The Price Action Manual, 2nd Ed 2008 by Bryce Gilmore