CFDs: Forex: An Effective Trading Strategy for the Foreign Exchange Market (A Day Trading System for Beginners and Experts): The High Probability Breakout (HPB) Forex Trading Strategy
By Chris Bates
As the title suggests, Chris Bates puts his name among those of other forex strategy book authors, with the aim of highlighting the High Probability Breakout (HPB) method to his readers. This 120-page book is ideal for both beginners and experienced traders who trade with any regularity, in order to maximize day trading success.
Chris Bates is not looking to attract casual traders and hobbyists with his book, Forex: An Effective Trading Strategy for the Foreign Exchange Market (A Day Trading System for Beginners and Experts): The High Probability Breakout (HPB) Forex Trading Strategy, and with a title as specific as this, it may come as no surprise to readers of this forex book review.
Aimed at those who trade day in, day out, or for those who are heading towards such a path, Bates’s book looks to help his readers capitalize on consistency to improve results.
With a focus on traders who go with the grain, rather than against it, Bates sets out his main stall as learning to discover and always know exactly where the market is heading, and to act with it.
The main way that he allows his readers to understand the process of his strategy of determining HPBs is through currency pairing, and matching up these pairs across several timeframes to help make surer forays into the market. Bates claims that following this day trade strategy carries a winning formula of 70%.
Admonishing those who would not follow his strategy to the letter, this book makes it clear that carrying out every step in this guide will make it far easier for the every day trader, no matter how new to the game they might be, to start eliciting a consistent profit from forex trading.
Length: 120 pages
Publication Date: January 18, 2016