iWelcome to the Cool Stuff page.
Below you can find the five books I’ve written on forex trading.
Also, I think it’s important to note I have updated one of my books – “Zero Sum Fun – How To Profit From Losing Traders” and removed a lot of the mistakes which were present whilst also adding some additional things to make the book easier to understand. If you have already purchased Zero Sum Fun please contact me via this email ( firstname.lastname@example.org ) and I’ll send you a link which you can use to open the updated copy free of charge.
What Causes Consolidations And Retracements To Form ?
I think it’s fair to say most forex traders don’t really spend that much time studying consolidations and retracements. The reason why I think people don’t bother with them, is because they believe they’re simply just things which happen during a trend. In my opinion this is a mistake, because whilst consolidations and retracements may not seem like the most interesting or informative things, they can actually give you a lot of really useful information about the market, provided you understand how and why they form.
Because most forex traders don’t currently understand them that well, I thought it’d be a good idea for me to write a book which explains them in more detail, so you can start using the information they provide about the market to help you in your trading.
The book is split into two parts. In the first I’ll show you how retracements and consolidations form in the market, so you can see how they affect and influence the price movement we see.
And in the second I’ll show you how you can start using this new information to not only figure out which technical levels are likely to cause a consolidation or retracement to form, but also show you how to determine when a large reversal – consolidation or retracement is likely to take place, by analyzing the size of the movements you see on two different timeframes.
“What Causes Consolidations And Retracements To Form” is £1.99 on it’s own, but free if you Purchase “How To Determine When A Reversal Is Going To Take Place” (see below for more details).
If you’ve already purchased “How To Determine When A Reversal Is Going To Take Place” but have not got “What Causes Consolidations And Retracements To Form”, please let me know via this email email@example.com and I’ll send you the link to download it for free.
How To Determine When A Reversal Is Going To Take Place
Many are really good at finding places where a reversal has a high probability of occurring, like support and resistance levels for instance, but encounter difficulty once it comes to actually spotting when a reversal is in the process of taking place.
What most traders don’t know or fail to recognize, is that there’s a specific structure that forms before the vast majority of reversals take place in the market.
The reason this structure forms, is because of the way the bank traders have to get their trades placed to actually cause a reversal to occur. In “How To Determine When A Reversal Is Going To Take Place”, I’m going to show you what this structure looks like, and how you can identify it’s formation on your charts.
I’ll walk you through the entire process of trading the structure, so you know exactly what to do upon seeing it form in the market. In addition to this, I’ll also give you some background on the structure itself, so you understand why the same features are always present when it forms. There’s also another small book contained inside that will show you a simple method you can use to help gauge when a reversal is likely to take place in the market.
A summary of the main things you’ll learn from “How To Determine When A Reversal Is Going To Take Place” can be found below.
Learn How To Spot The Structure That Leads To Reversals Taking Place
The majority of reversals you see take place in the market occur after a specific structure has formed. Knowing what this structure looks like will give you an idea of when a reversal might be beginning long before the reversal itself actually takes place. This will not only allow you to get trades placed ready for when the main reversal does occur, but also give you enough time to make changes to any trades you may already have open.
Locate Reversals Without Using Any Technical Levels
Most traders determine where a reversal is likely going to occur by using technical levels such as supply and demand zones and support and resistance levels. These are all fine to use but have their limitations. For example, old supply and demand zones don’t typically tend to cause the market to reverse, so you can’t really use them to find out where a reversal may take place. By learning to spot the structure that forms before reversals occur, you won’t have this problem, because the structure always forms entirely from the current price action.
Learn To How To Safely Trade Reversals
Spotting the structure which leads to reversals taking place is only the first step. The second step is actually getting a trade placed to take advantage of the reversal itself. Luckily, because the structure which leads to reversals occurring always contains the same features, it means getting a trade placed ready for when the reversal occurs is very easy, although it may seem quite complicated at first glance, due to way the structure of the pattern forms.
How To Determine When A Reversal Is Going To Take Place is £4:99, and comes with a lifetime guarantee which you can use to get your money back if your not satisfied with the book in any way. “What Causes Consolidations And Retracements To Form” comes free when you purchase How To Determine When A Reversal Is Going To Take Place. The link to download the book is found in the introduction, just click the link and it’ll take you to a page where you can download the book.
Upon purchase you will be taken to a page on my site where you can download the book. If you are not taken to this page for whatever reason, please contact me at firstname.lastname@example.org and I’ll send you the link to open the page.
Pin Bars Uncovered
Have you ever wondered why a pin bar failed to cause the market to reverse even though it met all the requirements for a perfect setup i.e it had a long wick at one end of the pin, it had confluence with multiple technical levels and it closed into the body of the previous candle ?
I have. And I bet most of you reading this also have too.
The weird thing is no one can seem to explain why this happens ? Most of the books and websites which teach traders how to trade pin bars simply say that losses are to be expected with every trading system and that sometimes even the best looking pin bars will fail to cause the market to reverse. The question I’ve always wanted to know is why ? Why will even the best looking pins fail to cause a reversal to take place ?
With Pin Bars Uncovered, you’ll finally understand the reason why even the best looking pin bars will often fail to cause the market to reverse, and let me tell you……. it has absolutely nothing to do with the characteristics of the pin like the size of the wick not being long enough or the pin not having confluence with the right technical levels.
In fact, when it comes to understanding the reason why some pin bars (not just the best looking ones) work whilst others fail, you’ll see how the characteristics of the pin and the technical levels it has confluence with, have almost zero effect on the probability the pin bar has of causing the market to reverse.
I’ve made a small summary below of some of the main things you can expect to learn from reading Pin Bars Uncovered.
Learn Why The Common Methods Of Pin Bar Analysis Don’t Work
Most trading books and websites say the pin bars which have the highest probability of causing the market to reverse, are the ones which have confluence with support and resistance levels and fibonacci retracements. Now if you’ve ever traded any pin bars which have had confluence with lots of technical levels, you’ll no doubt have realized that a lot of the time, despite the fact they are supposed to have a high probability of causing the market to reverse, they actually end up failing to generate even the slightest of reversals. Not only this, but you’ll commonly tend to see pin bars which the books and websites dismiss as having a low probability of causing a reversal, successfully generate large reversals in the market.
This no doubt confuses lot’s of traders, because on the one hand you’ve been taught that some pin bars are better to trade than others, yet on the other hand you’re seeing with your own eyes the pins that are assumed to be better fail miserably and the ones which are supposed to fail work out successfully.
This begs the question “Do the pin bars which have confluence with technical levels actually have a higher probability of causing the market to reverse ?
What you’ll see from my book, is the pin bars which have lots of technical levels going through them DO NOT have a higher probability of causing the market to reverse than pins which don’t have any technical levels going through them. The reason why is because of what causes pin bars to form in the first place. If a pin bar forms because of the bank traders taking profits off their trades, it’s unlikely that pin is going to cause a reversal to take place because of the fact the banks still want the market to move in the direction they’ve got their trades placed. It doesn’t matter if the pin has four different support or resistance levels going through it or if it’s found at a Fibonacci retracement, if it’s formed because of the bank traders taking profits off their trades, it has a really low probability of causing the market to reverse, regardless of how many technical levels it may or may not have confluence with.
Follow My Simple Step By Step Process To Figure Out Why A Pin Bar Has Formed In The Market
Knowing why a pin bar has formed in the market is imperative if you want to start trading pins successfully. If you don’t know how to determine what’s caused a pin bar to form, you could end up trading pins which have a really low probability of causing the market to reverse.
To figure out why a pin bar has formed, I’ve developed a very simple method of analysis you can use as soon as you see a pin bar appear on your charts. This method is based on a few clear facts about how all reversals take place in the market and how the banks get their trades placed during reversal situations. With my method you’ll be easily able to determine what’s caused a pin bar to form, which means your overall success rate trading pins will increase dramatically because now you will now know which pin bars are likely to be successful and which are probably going to fail.
Understand The Different Types Of Pin Bar Which Form In The Market
In addition to teaching you a method you can use to figure out why a pin bar has formed, I’ll also give you some background about the different types of pin you’ll see form in the market. Each type of pin has it’s own characteristics which are unique to that type of pin, for example, profit taking pin bars will only tend to form after a large movement has taken place, whereas reversal pin bars will most often to be found as one of the swing lows or swing highs that form during big reversals.
Having this background about the different types of pin bar is essential to understanding why some work whilst others fail. If you don’t have this background it will make following my method of analysis difficult because you won’t understand where the different types of pin are likely to form in the market.
Pin Bars Uncovered is £4:99 and comes with a lifetime guarantee which you can use to get your money back if your not satisfied with the book in any way.
Note: Upon purchase you will be taken to a page on my site where you can download the book. If you are not taken to this page for whatever reason, please contact me at email@example.com and I’ll send you the link to open the page.
How The Large Institutions Operate In The Forex Market
How The Large Institutions Operate In The Forex Market is a book dedicated solely to teaching you how the banks/hedge funds etc trade the forex markets. Traders make this assumption that knowing how the large institutions trade is something which cannot be figured out. In the book you’ll see how it is actually very possible to understand how the institutions trade provided you know what conditions they need to be present in the market in order to make a trading decision like placing a trade or taking profits.
The first chapter in the book is focused on explaining what the differences are between how we trade and how the institutions trade. You realize how we are able to make our trading decisions whenever we want because we do not require the conditions the banks need to be able to place our trades. An example would be how the banks need to have enough buy or sell orders coming into the market if they wish to take some kind of trading related action like placing a trade. We don’t need to worry about having enough orders coming into the market because the size of the trades we’re placing are much much smaller than the positions the banks place in the market.
Here’s a full list of what you can expect to learn in the book.
- What causes a bank to enter the market and cause a reversal to take place.
- Why one of the primary things the banks will analyze when looking to place a trade is if there are a large number of traders who will lose money in the event of them entering the market.
- Why the banks do not have the ability to make trading decisions whenever they want and must wait until certain conditions are met before taking an action in the market.
- How to spot where the banks have placed their trades and how to get you own trade placed at the same location.
- Why it’s imperative for the banks to split their trades up into smaller sizes when they are entering the market.
- How you can spot where the banks are beginning to take profits off their trades using an understanding of trend and the effect it has upon traders in the market.
- Understanding the role different trading sessions play when it comes to the banks entering the market.
- Why the banks will try to get their trades placed at a similar price to where their previous trade have been placed when they’re looking to causes a reversal to take place.
- Why the banks will always place their biggest trade first followed by smaller trades when they have decided to split their position up into more manageable sizes.
- How we retail traders form an integral part of their trading strategy and their ability to make decisions in the market.
- Why the banks need an increasing amount of traders to come into the market after they have placed a trade in order to be able take any profits off their trade or close their trade at all.
The price of the book is £4.99 and comes with a lifetime guarantee which you can use to get your money back if you’re not satisfied with the book in any way.
Click the button below to purchase ( Note: You will require a Paypal account )
Upon purchase you will be taken to a page where you can download the book, if you are not taken to this page for whatever reason please contact me at firstname.lastname@example.org and I’ll send you the link to open the page.
Zero Sum Fun – How To Profit From Losing Traders
My goal of the book was to increase the understanding of how money actually gets made and lost in the markets as this is one of things traders do not seem to have much knowledge on.
Knowing the forex market is an environment where one persons losses equate to another persons gains allowed me look at the market very differently to how most other traders see it.
When I look at my charts I’m not concerned with what the current market price is, I’m far more interested in looking for places where lots of traders are likely to lose money, as I know the only way I’m going to be able to make any money from a trade is if other traders lose money.
I know where these places are because I understand how people trade, not in the sense that, I know the exact entry and exit criteria they use to place trades, but in the sense that I know there is one thing which all traders will use in their analysis of the market which will cause them to lose money.
With this book your overall knowledge of the how the forex market works will increase significantly. You’ll better understand how the different traders in the market interact with each other as well as why the trend is a concept which has been made up to make you lose money.
There’s much much more which I’ll leave you to discover for yourself.
The price of the book is £ 2.99 and comes with a lifetime guarantee which you can use to get your money back if you’re not satisfied with the book in any way.
Click the button below to purchase ( Note: You will require a Paypal account )
Upon purchase you will be taken to a page where you can download the book, if you are not taken to this page for whatever reason please contact me and I’ll send you the link to open the page.
If you would like some more info on the topics discussed within the book, check out the articles below.
Scientific Papers On The Forex Market
The links below are PDF documents of research done on the forex market by scientists and mathematicians, these PDF’s offer a highly intricate look into how the forex market operates along with data to back up their findings.
Although these are probably of no use to you if you’re a beginning trader they will be of use if your trading strategy is based on reading the order-flow in the market, these documents offer valuable insight into various different concepts and ideas which may help you in understanding the market better.
U.K. Government Required Disclaimer –You are reminded that the price of shares and the dividends thereon can go down as well as up. None of the following contents should be construed as an invitation to buy or sell securities or open spread betting positions, shares or any other financial trading product. Do What I Want A Beginners guide to currency trading is purely educational and is therefore not regulated by the Financial Services Authority (FCA). we do not imply or guarantee that you will receive similar results.
Futures, CFD, Margined Foreign Exchange trading, Warrants, Options and Spread Betting carries a high level of risk to your capital. A key risk of leveraged trading is that if a position moves against you, the customer, you can incur additional liabilities far in excess of your initial margin deposit. Only speculate with money you can afford to lose. Futures, CFD, Margined Foreign Exchange trading and Spread Betting may not be suitable for all customers, therefore ensure you fully understand the risks involved and seek independent financial advice if necessary.
U.S. Government Required Disclaimer – Commodity Futures Trading Commission. Futures and options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This book is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed within this book. The past performance of any trading system or methodology is not necessarily indicative of future results.