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The Rds Forex System A Breakthrough Method To Profiting from Market Turning Points (Hardcover)

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The Rds Forex System Radkay, Michael/ Radkay, Stephanie 1 of 1
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Product Details:

Format: Hardcover
ISBN-10: 1118096681
ISBN-13: 9781118096680
Sku: 224476043
Publish Date: 3/20/2012
Dimensions:  (in Inches) 9.5H x 6.25L x 1T
Pages:  223
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Inside a unique system that allows you to identify and trade key turning points in the forex marketThe financial markets are in a constant state of affirming, breaking, and developing new support and resistance areas. Traders use a variety of methods toproject support and resistance points based on past price action. However, the question of whether those areas will hold or break in real time is a much more difficult calculation. In The RDS Forex System, former pit trader Michael Radkay provides forex traders with a unique system for identifying support and resistance zones in the foreign currency market and developing profitable trading strategies around those zones.The system uses market volatility, momentum, and chart patterns to calculate support and resistance zones. As prices reach a specific zone objective, trading strategies are put in place to profit from the next movement. The book will show how this system gives traders a continuous sense of the markets directional bias, identifies potential turning points, and recommends levels to take profits off the table. Highlights the Rotating Directional System (RDS), a computer-based, longer-term application of the methodology used by many successful pit traders Discusses how to use a variety of indicators to identify support and resistance areas Reveals strategies employed to profit from market swings The RDS Forex System is an ideal guide for retail traders actively involved in the forex market --Provided by publisher. *Author: Radkay, Michael/ Radkay, Stephanie *Series Title: Wiley Trading *Subtitle: A Breakthrough Method To Profiting from Market Turning Points *Publication Date: 2012/03/20 *Number of Pages: 223 *Binding Type: Hardcover *Language: English *Depth: 1.00 *Width: 6.25 *Height: 9.50
From the Publisher:
Inside a unique system that allows you to identify and trade key turning points in the forex market

The financial markets are in a constant state of affirming, breaking, and developing new support and resistance areas. Traders use a variety of methods to project support and resistance points based on past price action. However, the question of whether those areas will hold or break in real time is a much more difficult calculation. In The RDS Forex System, former pit trader Michael Radkay provides forex traders with a unique system for identifying support and resistance zones in the foreign currency market and developing profitable trading strategies around those zones.

The system uses market volatility, momentum, and chart patterns to calculate support and resistance zones. As prices reach a specific zone objective, trading strategies are put in place to profit from the next movement. The book will show how this system gives traders a continuous sense of the market's directional bias, identifies potential turning points, and recommends levels to take profits off the table.

  • Highlights the Rotating Directional System (RDS), a computer-based, longer-term application of the methodology used by many successful pit traders
  • Discusses how to use a variety of indicators to identify support and resistance areas
  • Reveals strategies employed to profit from market swings

The RDS Forex System is an ideal guide for retail traders actively involved in the forex market.

Product Attributes
Product attributeeBooks:   Kobo
Product attributeBook Format:   Hardcover
Product attributeNumber of Pages:   0223
Product attributePublisher:   John Wiley & Sons
Product attributeSeries Part:   537
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