Forex Essentials in 15 Trades

F orex Essentials in 15 Trades takes a new and different approach to
teaching the basics of currency trading. The three authors combined
have nearly 100 years of experience in the markets; our experiences
are from different perspectives and vantage points. What we have in common
is that our insights come from the perspective of a trader. Many books
are available on learning the mechanics and language of FOREX, but reading
this book along with the resources on the Global-View.com web site
will give you a unique, in-depth perspective on currency trading.
HOW THIS BOOK IS ORGANIZED
This book is divided into three parts. Part One provides a substantive background
in FOREX basics, money management, fundamentals, technical
analysis, and what it takes to be a successful trader. Part Two details 15 of
author Mike Archer’s trades, showing how theory might be translated into
practice. Part Three is a compendium of articles written by the authors to
supplement Parts One and Two.
Part Two analyzes 15 FOREX trades to let the reader see the book’s
concepts in action and to get inside a trader’s mind as he sifts information,
seeks candidate trades, makes a trade, monitors it, and finally conducts a
postmortem of the trade. These are all real trades made by author Mike
Archer. Part Two begins with his Snowflake heuristic for finding trades
(Chapter and describes his two primary trading methods, the Goodman
Swing Count System and market environments (ME).
Part Three is a compendium of readings primarily from the Global-
View web site. These articles supplement the Part One and Part Two chapters.
For example, you may even wish to skim Chapter 27 (GSCS basics)
and Chapter 28 (ME applications) before reading Part Two. Appendix A,
GVI’s “Common Sense for Traders Checklist,” provides more perspective
to the reader for both the FOREX basics and the money management chapters
in Part One…. …

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