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    Forex Trading 3: Part 3: Trading with the Weekly High and Low
    Forex Trading 3: Part 3: Trading with the Weekly High and Low
    Forex Trading 3: Part 3: Trading with the Weekly High and Low
    Ebook25 pages16 minutes

    Forex Trading 3: Part 3: Trading with the Weekly High and Low

    By Heikin Ashi Trader

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    About this ebook

    Forex Trading


    Part 3: Trading with the Weekly High and Low


    This book is Part 3 of the series "Forex Trading", by Heikin Ashi Trader


    As is well known, currency markets are determined by news. However, since news is rare, most currency pairs move sideways 80% of the time. In other words: it is very difficult to trade currencies profitably with trend strategies. The "Forex Trading" series therefore deals with strategies that are specifically designed for sideways markets.


    The highs and lows of the past days or weeks represent significant levels in the chart. If the market approaches a similar price level again in the following week, it automatically attracts the attention of market participants. When this happens, the question arises, as to whether or not the market will turn again at this level (as in the previous week)?


    In this short eBook, Heikin Ashi Trader introduces two simple forex strategies, using the weekly high and low. They are easy to understand and implement (even with small accounts). These two methods are therefore excellent for traders who are looking for forex strategies that can be successfully traded without the need for much analysis.


     


    Table of contents


    Introduction to trading with the weekly high and low


    Strategy 1: Chase the Weekly High and Low


    Strategy 2: Weekly High and Low Stretch


    Practical questions



    About the Author


    Heikin Ashi Trader is the pen name of a trader who has more than 19 years of experience in day trading futures and foreign exchange. He specializes in scalping and fast day trading. In addition to this, he has published multiple self-explanatory books on his trading activities. Popular topics are on: scalping, swing trading, money- and risk management.


     

    LanguageEnglish
    PublisherDAO Press
    Release dateMar 25, 2020
    Forex Trading 3: Part 3: Trading with the Weekly High and Low
    Author

    Heikin Ashi Trader

    ​Heikin Ashi Trader is the pseudonym of a trader who has over 19 years of experience in day trading futures and currencies. He traded for a hedge fund and then went on his own. He specializes in scalping and fast day trading. His scalping book "Scalping Is Fun!" is an international bestseller and has been sold more than 30.000 times. His books have been translated into 11 languages.

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      Book preview

      Forex Trading 3 - Heikin Ashi Trader

      Forex Trading

      Part 3:

      Trading with the Weekly High and Low

      Heikin Ashi Trader

      Dao Press

      Table of Contents

      Title

      Imprint

      Introduction to trading with the weekly high and low

      Strategy 1: Chase the Weekly High and Low

      Strategy 2: Weekly High and Low Stretch

      Practical questions

      More Books by Heikin Ashi Trader

      About the Author

      Imprint

      Copyright © 2020 by Heikin Ashi Trader

      All rights reserved. No part of this book may be reproduced or utilized in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system, without written permission of the publisher.

      First edition, March 2020

      The information presented herein represents the view of the author as of the date of publication. This book is presented for informational and entertainment purposes only. Due to the rate at which economic and cultural conditions change, the author reserves the right to alter and update his opinions based on new conditions. While every attempt has been made to verify the information in this book, neither the author nor his affiliates/partners assume any responsibility for errors, inaccuracies, or omissions. At no time shall the information contained herein be constructed as professional, investment, tax, accounting, legal or medical advice. This book does

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