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    The Key of Forex: Let's Make Money
    The Key of Forex: Let's Make Money
    The Key of Forex: Let's Make Money
    Ebook58 pages1 hour

    The Key of Forex: Let's Make Money

    By Geza Varkuti

    ()

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    About this ebook

    I have been analyzing the market every day for 25 years now. Like Elliot, I was also interested in the internal anatomy of the movements of the market. How Forex works, what kind of laws you can discover that are universal. We have all read millions of books about basics, trends, resistances, indicators, and so on. We learn where to drag the trend lines, resistance/support levels.
    I found that we put them in the wrong place. That is, neither dragging them to the top or bottom of the spikes, nor to the candle closures, give good results.
    Both approaches are wrong! But where are the real key levels, then?
    Well, I believe I have found the key. But where are the real key levels? Since then, my success rate is above 75%. I think this point of view radically changes what has been learned about Forex so far.
    LanguageEnglish
    Publisherepubli
    Release dateMar 23, 2016
    ISBN9783737591607
    The Key of Forex: Let's Make Money

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      Book preview

      The Key of Forex - Geza Varkuti

      -

      Geza Varkuti

      THE KEY OF FOREX

      L E T’S  M A K E  M O N E Y

      THINK DIFFERENT ®

      A Revolutionary new Theory

      DEDICATED FOR LUDA

      She is the sunshine in my life,

      even in the Night

      Impressum


      Copyright: © 2016 Géza Várkuti

      Verlag: epubli GmbH, Berlin, www.epubli.de


      ISBN 978-3-7375-9160-7

      TOC

      TOC      3

      Introduction      4

      Why is the approach used till now wrong?      5

      Determination of key levels      8

      The Fibonacci law      16

      Fibonacci in Forex      20

      The key levels and the Fibonacci      25

      Concrete example      31

      The author      35

      Terms      36

      High risk warning      37

      Sponsored by

      Introduction

      I have been analyzing the market every day for 25 years now. Obviously, like every thinking human, I was also excited to unravel the great mystery. How Forex works, what kind of laws you can discover that are universal. We have all read millions of books about basics, trends, resistances, indicators, and so on. But after learning that nothing works with 100% accuracy all the time, I found myself looking for the roots, thinking that if I was able to discover the operating mechanism I could significantly improve my trading results.

      Like Elliot, I was also interested in the internal anatomy of the movements of the market. After all, what is our activity about? We are trying to forecast what will happen in the near future. If you know how the price moves within a trend, then you can foresee the future in a more reliable way on this basis. In this the Fibonacci law provided great help. These levels work with a high success rate, but of course, it is crucial where you drag up the device. We learn where to drag the trend lines, resistance/support levels, but I found that we put them in the wrong place. That is, neither dragging them to the top or bottom of the spikes, nor to the candle closures, give good results.

      Both approaches are wrong! But where are the real key levels, then?

      Well, I believe I have found the

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