|Hi! My name is Olesia. Welcome to my personal homepage|
My profession is forex market trader. I make money on forex since 2004 year. I trade as private person with my own capital and don't work with investors. A couple of words about my trading system can be found in section Forex . Maybe later I'll find time to explain more detail how I trade, but at present time in section My trading I place my orders in real time until they are closed or canceled and I think it can help everyone to understand the logic of my actions on market.
During my learning I read plenty of books dedicated to trading. Some of them was more useful for me, some was less, but some books I liked very much and I think that everyone who interested in learning trading must read this books.
Bill Williams - Trading Chaos - good book about Elliot wave analysis of market
Jim Cramers Real Money Sane Investing In An Insane World - interesting book about stock investing
Beat The Odds In Forex Trading How to Identify and Profit From High Percentage Market Patterns Wiley Trading
John L. Person - Forex Conquered. High Probability Systems and Strategies for Active Traders
Joe DiNapoli - Trading with DiNapoli levels - my favorite book. Several of very important ideas of my trading system I took from it
Alexander Elder - Trading for a Living - trading psychology, trading systems, money management
And books of Robert Kiyosaki:
Robert Kiyosaki - Cash Flow Quadrant Rich Dads Guide To Financial Freedom
Robert Kiyosaki - Rich Dad's Guide To Investing What The Rich Invest In
Robert Kiyosaki - Own Your Own Corporation Rich Dads Advisors
Robert Kiyosaki - Rich Dads Prophecy
What is forex? Forex is foreign exchange market where large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions buy or sell one currency for another. Buyers seek to buy at the lowest vailable price and sellers seek to sell at the highest available price. Individuals, like me are a small fraction of this market and may only participate indirectly through brokers or banks.
Exchange rates of currencies are affected by many factors, and in the end, currency prices are a result of supply and demand forces. Supply and demand for any currency are influenced by several factors that can be divided on thre categories: economical (government budget deficits, balances of trade, inflation levels, employment, retail sales, etc), political and market psychology (long-term trends, technical factors).
I spent a lot of time studying price movements of a EURUSD and GBPUSD currency pairs and find some patterns, that I use in my trading. So, welcome to section My trading and see how I trade in details.
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