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In this section we'll approach more complex technical instruments, the fundamental and sentiment analysis, and some correlations that have a strong influence over currency quotes.

  1. DIVERGENCES

    In this chapter we'll study the Divergences. These are easy to identify graphical situations, that can be successfully used in your trading system, signaling new trends or confirming the continuation of the current one.

    1. REGULAR DIVERGENCE AND HIDDEN DIVERGENCE

      Divergences - characteristics and use. Cardinal Rules for trading Divergences.

  2. PIVOT POINTS

    Pivot points are extremely useful tools to identify new trends, to confirm the continuation of current ones and as support/resistance levels, being preferred by many traders for their objectivity.

    1. STANDARD PIVOT POINTS

      Characteristics, calculation formula and utility of Standard Pivot Points.

    2. 3 OTHER PIVOT POINT TYPES

      Woodie, Caramilla and Fibonacci Pivot Points - characteristics, calculation formulas and utility.

  3. ELLIOTT WAVE THEORY


    In this chapter we'll analyze the price evolution cycles and the psychology behind each price move.

    1. IMPULSE WAVES AND CORRECTION WAVES. FRACTALS.

      Elliott Waves Types, characteristics, the psychology behind each wave. How to use Elliott Wave Theory.

    2. CARDINAL RULES OF ELLIOTT WAVE THEORY

      How to identify Elliott waves and particular situations.

    3. SUMMARY 7

      Recap

  4. HARMONIC PATTERNS


    The Harmonic patterns are complex graphic formations. They help us to distinguish simple corrective moves from real reversals, confirming the continuation of the current trend.
    These formations are used in correlation with Fibonacci Retracement and Extension levels.

     

    1. ABCD PATTERN

      ABCD Pattern - characteristics and utility

    2. THREE-DRIVE PATTERN

      Three-Drive Pattern - Characteristics and utility

    3. GARTLEY PATTERN

      Gartley Pattern - Characteristics and utility

    4. CRAB PATTERN

      Crab Pattern - Characteristics and utility

    5. BAT PATTERN

      Bat Pattern - Characteristics and utility

    6. BUTTERFLY PATTERN

      Butterfly Pattern - Characteristics and utility

    7. SUMMARY 8

      Recap

  5. FUNDAMENTAL ANALYSIS

    In this chapter we'll study a series of fundamental factors that influence currency quotes and some important correlations.

    1. INTEREST RATES AND MONETARY POLICY TYPES

      Interest Rates. Inflation. Deflation. Monetary Policy. Interest Rate Differential. Hawkish and Dovish Banks

    2. FUNDAMENTAL FACTORS VS. CURRENCY QUOTES. INFORMATION SOURCES.

      Economic Growth. Capital Flow. Political factors. Information sources.

    3. TRADING THE NEWS

      Participants' psychology before important news

  6. MARKET SENTIMENT

    Our transactions must always consider the market sentiment. We can use the COT Report to identify it.

    1. USING THE COT REPORT FOR SENTIMENT ANALYSIS

      COT Report - meaning and utility

    2. SUMMARY 9

      Recap

  7. CURRENCY CROSSES

    In this chapter we'll study the particularities of some Crosses and how we can use Crosses to predict the Majors' evolution.

    1. EUR AND JPY CROSSES. CROSSES VS. MAJORS

      How to trade EUR and JPY Crosses. Crosses evolution vs. Majors' evolution.

  8. CARRY TRADE

    Carry Trade is a simple and effective method to capitalize on interest rate and bond yields differentials.
    Find out in the next chapter how you can use it!

    1. HOW DO WE USE CARRY TRADE?

      What is carry trade and how can we use it

    2. SUMMARY 10

      Recap

  9. CORRELATIONS

    In this chapter we'll study correlations between FOREX and the evolution of some important commodities and securities.
    Knowing and considering these correlations, you'll have a stronger ground when entering a trade.

    1. GOLD VS. FOREX

      XAU/USD evolution. AUD/USD vs. XAU.

    2. OIL vs. USD/CAD

      The relation between USD/CAD evolution and oil's price evolution

    3. BOND YIELDS VS. FOREX

      The correlation between bonds and currency quotes

    4. STOCK MARKET vs. FOREX

      Stock Indicators and how to use them to anticipate the price moves

    5. CURRENCY CORRELATIONS

      How currencies evolve in relation to each other

    6. SUMMARY 11

      Recap

  10. THE GLOBAL ECONOMIC LANDSCAPE

    In this chapter we'll study the most greatest economies of the world, their monetary policies, their top-industries, their main commercial partners and the way in which all these aspects influence the evolution of their own national currencies.

    1. UNITED STATES OF AMERICA

      USA - economy, monetary policy. USDX. The Dollar smile theory. Strategies for trading USD.

    2. EURO ZONE

      European Monetary Union - economy. EUR evolution indicators. Strategies for trading EUR.

    3. JAPAN

      Japan - economy and exports. JPY evolution indicators. Strategies for trading JPY.

    4. CHINA

      China - economy. Chinese economy's indicators. Chinese economy vs. AUD.

    5. UNITED KINGDOM

      United Kingdom - economy. GBP evolution indicators. Strategies for trading GBP.

    6. AUSTRALIA

      Australia - economy. AUD evolution indicators.

    7. CANADA

      Canada - economy. CAD evolution indicators. USD/CAD.

    8. NEW ZEALAND

      New Zealand - economy, monetary policy. NZD evolution Indicators.

    9. SWITZERLAND

      Switzerland - economy, monetary policy. CHF evolution indicators.

    10. SUMMARY 12

      Recap

  11. TRADING PLAN

    What is a trading plan, its utility and how we design it according to our own trading style.

    1. DESIGNING A TRADING PLAN

      A trading plan's variables

    2. YOUR PERSONAL TRADING PROFILE

      What type of trader are you?

  12. THE TRADING SYSTEM

    The system is a mandatory component of the plan. In the following, we will focus on finding simple and efficient trading systems.

    1. THE TRADING SYSTEM

      What is a trading system, how do we design and use it?

  13. THE TRADING DIARY

    What predictability rate do you have? What mistakes make you lose? Which pairs give you the highest returns? What's wrong with your system and plan?
    The next chapter will help you find some answers.

    1. A TRADER'S DIARY

      Why do we need a trading diary and how to keep it?

STOCK MARKETS

London

Frankfurt

Hong Kong

Tokyo

New York

Sydney