Selective Forex Trading by Don Snellgrove

Selective Forex Trading by Don Snellgrove

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Description:

Selective Forex Trading skillfully outlines author Don Snellgrove’s S90/Crossover: an independently verified technical indicator that has provided traders with the ability to achieve over 100 consecutive Forex trades without a single loss. Whether you’re a seasoned professional or just getting started, this approach—which is based on historical resistance and support points within a trading range—can assist you in entering and exiting positions for the greatest profits possible.

From the Inside Flap

During the early days of the foreign exchange market, banks and other large financial institutions were the primary players in this field. Today, thanks in part to advances in technology, this market has quickly grown into a global electronic network of banks, financial institutions, and individual traders. With a reported volume of over $1.8 trillion changing hands every day, the time to get involved in this exciting global market has never been better.

So how can you capture significant profits from the Forex market? With this reliable resource, author Don Snellgrove—an active Forex trader and educator of traders—will show you how.

Written in a straightforward and accessible style, Selective Forex Trading skillfully outlines the S90/Crossover©: an independently verified technical indicator developed by Snellgrove that has provided traders with the ability to achieve over 100 consecutive Forex trades without a single loss. Whether you’re a seasoned professional or just getting started, this approach—which is based on historical resistance and support points within a trading range—can assist you in entering and exiting positions for the greatest profits possible.

In order to clearly understand the methodology described throughout this book—which includes the S90/Crossover as well as several other applications—you need to determine trends, resistance, support, and confirming procedures through software that utilizes ROI, RC, RCU/D, and their extensions with cluster formations for possible reversal entries. A brief explanation of each of these subjects is provided when they are initially discussed.

Beyond providing hands-on guidance into using the S90/Crossover and Extreme levels, Selective Forex Trading also features specific exercises for creating and maintaining a strong mental discipline. These proven strategies will help you stay focused and committed even during the most difficult of times.

The S90/Crossover and Extreme levels of the market are not the only methodologies that will allow you to increase returns and control risk, but they may be the simplest and most reliable approaches to consistently trading the foreign exchange market. Filled with in-depth insights and practical advice, Selective Forex Trading will help you enter this dynamic market with confidence and exit with profits.

From the Back Cover

Selective Forex Trading

The foreign exchange market is the largest, and most liquid, financial market in the world. Unlike other financial markets, it’s open twenty-four hours a day—so at any time, in any location, there are buyers and sellers preparing to profit from trading the currencies of countless countries.

While trading the foreign exchange market can be difficult, it’s not impossible. And now, with Selective Forex Trading, author Don Snellgrove—an active Forex trader and educator of traders—will show you how to make the most of your time in this dynamic arena.

Throughout the book, Snellgrove skillfully outlines his S90/Crossover©: an independently verified technical indicator that has provided traders with the ability to achieve over 100 consecutive Forex trades without a single loss. Chapter by chapter, he breaks down this approach—as well as other concepts such as Extreme levels—and reveals how you can use them to effectively build a consistent and profitable trading portfolio. Beyond providing hands-on guidance into using the S90/Crossover and Extreme levels, Selective Forex Trading also features specific exercises for creating and maintaining a strong mental discipline. These proven strategies will help you stay focused and committed even during the most difficult of times.

With Selective Forex Trading as your guide, you’ll quickly discover what it truly takes to make it in one of today’s most competitive—and lucrative—fields.

“As an active FX trader, I have found the S90 Extreme Levels to be one of the most powerful techniques in my arsenal. At all times, every day, I check to see how the extremes have shifted and find it imperative to know where they are located. This book will open your eyes to the geometry of the FX market and both beginner and seasoned trader will find useful and powerful information to help manage the risk.”
—Jim Bartelloni, CMT

“This is one of the few books I have seen that, in addition to describing the trading system, also shows a broker’s report with the resulting trades. Don is walking the walk with this book, which supports his reputation as an excellent trader with so many consecutive successful trades.”
—Gerald Greene, Trading Advisor

Want to learn about Forex?

Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.

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