Fundamentals of Currency Trading

Fundamentals of Currency Trading
Author: Karen Foo
Publisher:
Total Pages: 344
Release: 2021-09-12
Genre:
ISBN:

Coming from a family of investors and graduating with a finance degree from Singapore, I've read tons of books on trading and also spent over $60,000 just to learn about the financial markets. Applying what I've learned over the years, I've managed to clinch the #1 grand prize at a Singapore nationwide forex trading championship. Since I have a finance background, I want to write a book from a professional trader's perspective rather than a retail trader's perspective. Most retail traders focus too much on technical analysis. However, this is not a sufficient trading tool if one wants to succeed as a trader. A lot of the educational content that you see online is also too focused on technical analysis alone. This is a tool that you'll need as a currency trader, but it is not the most important tool. In fact, bank traders and hedge fund traders don't even use a lot of indicators. Their charts are often very clean since they are using other tools to analyse the markets. To become a successful forex trader, you'll need to have the whole package. That is why in this currency trading book, I'll teach you the various tools you'll need to succeed as a forex trader. You'll learn: Basic terms and principles of currency trading Fundamental analysis (economic indicators, central banks, monetary policies, currency fundamentals) Sentiment analysis (high yield and low yield currencies, fear index) Introduction to Brokers (types, criteria for picking, action plan) Price action strategies (candlestick patterns, support & resistance, trendlines, moving averages, and momentum indicators) Risk management tools and application Trading psychology hacks Trading plan (template included) Trading journal (template included) How to sustain your trading business BONUS: Useful websites for traders So much more...... Add these tools to your trading plan and you'll be able to increase the probability of your trades. Most forex traders trade in a bubble relying too much on indicators alone, that is why they lose. Most retail forex traders also do not bother to look at other markets and use the power of correlations to their advantage. I'll share with you in this currency trading book on how you can conduct intermarket analysis as well. Experienced currency traders can also pick up some new trading hacks or even use this book as a refresher. Non-trading professionals will also be able to learn how the various economic indicators can affect their lives and the overall economy. At the end of this trading book, I'll share with you tips and tricks on how you can sustain your trading account and trading business. This is so that you can last long term as a currency trader since most traders quit just after a few months. At the end of the day, it is your decision whether you wanna buy this book or not. If you don't want to spend money on a forex trading book, then you can always head to my Youtube channel (Karen Foo) for free courses. You decide. Happy learning!

Millionaire Traders

Millionaire Traders
Author: Kathy Lien
Publisher: John Wiley & Sons
Total Pages: 384
Release: 2010-03-01
Genre: Business & Economics
ISBN: 0470452544

Trading is a battle between you and the market. And while you might not be a financial professional, that doesn't mean you can't win this battle. Through interviews with twelve ordinary individuals who have worked hard to transform themselves into extraordinary traders, Millionaire Traders reveals how you can beat Wall Street at its own game. Filled with in-depth insights and practical advice, this book introduces you to a dozen successful traders-some who focus on equities, others who deal in futures or foreign exchange-and examines the paths they've taken to capture considerable profits. With this book as your guide, you'll quickly become familiar with a variety of strategies that can be used to make money in today's financial markets. Those that will help you achieve this goal include: Tyrone Ball: trades Nasdaq stocks almost exclusively, and his ability to change with the times has enabled him to prosper during some of the most treacherous market environments in recent history. AShkan Bolour: one of the earliest entrants into the retail forex market, he trades in the direction of the major trend, rather than trying to find reversals. Frank Law: a technician at heart, identifies a trading zone, commits to it, and scales down as long as the zone holds. Paul Willette: has mastered a method that allows him to harvest some profits right away, while ensuring that he can still benefit from an occasional extension run in his favor. Order your copy today and beat the Street.

Technical Analysis of the Currency Market

Technical Analysis of the Currency Market
Author: Boris Schlossberg
Publisher: John Wiley & Sons
Total Pages: 224
Release: 2006-07-28
Genre: Business & Economics
ISBN: 0471973068

Proven currency-specific trading strategies from one of today's top currency analysts "If you trade currency, then you need to have this book on your desk. It's the only book you need for technical analysis of the fastest-moving market on the planet." -Rob Booker, Currency Trader, W.R. Booker & Company "In plain English, Schlossberg lays out the basics in using technical analysis to trade foreign currencies, from the fundamentals of how the FX market works to the variety of technical strategies and trade management techniques traders can employ. Along the way, he offers entertaining examples and observations as well as simple, easy-to-read charts and diagrams. Anyone interested in getting started in the hugely popular FX market would do well to begin with this book." -Sarah Rudolph, Executive Editor, SFO Magazine "Boris Schlossberg has done a fabulous job with this book. It's packed with insightful tips and strategies that are sure to save traders a lot of time and money." -Cory Janssen, CoFounder, Investopedia.com "Schlossberg's book is a great resource for traders just starting out in currency markets. His focus on simplicity is critical for a new trader's education on how to make money." -Andrew B. Busch, Global FX Strategist, BMO Financial Group

Forex Trading for Maximum Profits

Forex Trading for Maximum Profits
Author: Trader X
Publisher: Createspace Independent Publishing Platform
Total Pages: 120
Release: 2015-12-24
Genre:
ISBN: 9781522900498

Forex trading is not all it is cracked up to be. The picture painted by the gurus and the brokers has only one side, a pink one, and is missing the real feeling and pain that a average retail trader goes through until a success is reached. I can feel the pain in the Forex Community and the purpose of this book is to even out the planes.Here is what you can expect to learn and master after practicing the concepts in this book.* Learn to move with the winners and tailgate on their profits(this strategy alone is worth the 10 bucks)* How to avoid and react to The little dirty tricks of your broker* The little known strategies of the successful Forex traders* What are the best times to trade * The best ways to trade any strategy(this little detail can make or break your trading record)* Most important and little known price levels, that deliver profits at any currency pair.* How to profit from Weird Crowd Psychology( when used as suggested in the book this one is a massive cash pooler)* The one, little known way to enter the Forex market and have the price guaranteed to move your direction.* The well guarded price action strategies of the Forex Banks and Foreign institutions.* How not to use price action and when to be cautious about pulling the trigger, if a price approaches a certain deadly level.* Which are the favorite price patterns of the experienced traders* How to avoid having spread slips of as much of a 100 pips, and have your profit and account swallowed by your broker(most of the retail traders have no clue, what I am speaking about)* What are the most important factors, observed religiously by all the shakers and movers, and how not to break the rules of alliance that can cost you your account.* What are the sneaky falls break outs, practiced by the most of the platforms and how to fight the FOREX BOTS.* Strange practices of your broker, that causes your stops to be hit before your entries(this is a must know before you open a account with any platform)The above strategies and lessons are not lessons from a book or science projects. These are the hard earned lessons from the Forex School of hard knocks.During the years I have met, and traded with and chat in expensive paid forums, with multitude of successful traders.This book is what I find to be the essential and most important material you will ever need, to trade Forex Market.Learn and master the strategies of the winners and become a winner. On the other hand you can spent countless of hours and thousands of dollars, staring at your screen, until your eyes leak out and still not come to the priceless lessons in this book.Make yourself a favor and invest in your education and buy this book.You are just a couple of mouse clicks away. See you on the other side.

Day Trading and Swing Trading the Currency Market

Day Trading and Swing Trading the Currency Market
Author: Kathy Lien
Publisher: John Wiley & Sons
Total Pages: 291
Release: 2015-12-01
Genre: Business & Economics
ISBN: 1119220106

Play the forex markets to win with this invaluable guide to strategy and analysis Day Trading and Swing Trading the Currency Market gives forex traders the strategies and skills they need to approach this highly competitive arena on an equal footing with major institutions. Now in it's third edition, this invaluable guide provides the latest statistics, data, and analysis of recent events, giving you the most up-to-date picture of the state of the fast-moving foreign exchange markets. You'll learn how the interbank currency markets work, and how to borrow strategy from the biggest players to profit from trends. Clear and comprehensive, this book describes the technical and fundamental strategies that allow individual traders to compete with bank traders, and gives you comprehensive explanations of strategies involving intermarket relationships, interest rate differentials, option volatilities, news events, and more. The companion website gives you access to video seminars on how to be a better trader, providing another leg up in this competitive market. The multi-billion-dollar foreign exchange market is the most actively traded market in the world. With online trading platforms now offering retail traders direct access to the interbank foreign exchange market, there's never been a better time for individuals to learn the ropes of this somewhat secretive area. This book is your complete guide to forex trading, equipping you to play with the big guys and win—on your own terms. Understand how the foreign currency markets work, and the forces that move them Analyze the market to profit from short-term swings using time-tested strategies Learn a variety of technical trades for navigating overbought or oversold markets Examine the unique characteristics of various currency pairs Many of the world's most successful traders have made the bulk of their winnings in the currency market, and now it's your turn. Day Trading and Swing Trading the Currency Market is the must-have guide for all foreign exchange traders.

Forex Trading for Maximum Profits : the Greatest Secret Making Forex Millionaires

Forex Trading for Maximum Profits : the Greatest Secret Making Forex Millionaires
Author: Trader X
Publisher: Createspace Independent Pub
Total Pages: 40
Release: 2012-09-08
Genre: Business & Economics
ISBN: 9781479269280

Forex trading is not all it is cracked up to be. The picture painted by the gurus and the brokers has only one side, a pink one, and is missing the real feeling and pain that a average retail trader goes through until a success is reached. I can feel the pain in the Forex Community and the purpose of this book is to even out the planes.Here is what you can expect to learn and master after practicing the concepts in this book.• Learn to move with the winners and tailgate on their profits(this strategy alone is worth the 10 bucks)• How to avoid and react to The little dirty tricks of your broker• The little known strategies of the successful Forex traders• What are the best times to trade • The best ways to trade any strategy(this little detail can make or break your trading record)• Most important and little known price levels, that deliver profits at any currency pair.• How to profit from Weird Crowd Psychology( when used as suggested in the book this one is a massive cash pooler)• The one, little known way to enter the Forex market and have the price guaranteed to move your direction.• The well guarded price action strategies of the Forex Banks and Foreign institutions.• How not to use price action and when to be cautious about pulling the trigger, if a price approaches a certain deadly level.• Which are the favorite price patterns of the experienced traders• How to avoid having spread slips of as much of a 100 pips, and have your profit and account swallowed by your broker(most of the retail traders have no clue, what I am speaking about)• What are the most important factors, observed religiously by all the shakers and movers, and how not to break the rules of alliance that can cost you your account.• What are the sneaky falls break outs, practiced by the most of the platforms and how to fight the FOREX BOTS.• Strange practices of your broker, that causes your stops to be hit before your entries(this is a must know before you open a account with any platform)The above strategies and lessons are not lessons from a book or science projects. These are the hard earned lessons from the Forex School of hard knocks.During the years I have met, and traded with and chated in expensive paid forums, with multitude of successful traders.This book is what I find to be the essential and most important material you will ever need, to trade Forex Market.Learn and master the strategies of the winners and become a winner. On the other hand you can spent countless of hours and thousands of dollars, staring at your screen, until your eyes leak out and still not come to the priceless lessons in this book.Make yourself a favor and invest in your education and buy this book.You are just a couple of mouse clicks away. See you on the other side.

Currency Trading For Dummies

Currency Trading For Dummies
Author: Kathleen Brooks
Publisher: John Wiley & Sons
Total Pages: 81
Release: 2015-02-17
Genre: Business & Economics
ISBN: 1118989805

Your plain-English guide to currency trading Currency Trading For Dummies is a hands-on, user-friendly guide that explains how the foreign exchange (ForEx) market works and how you can become a part of it. Currency trading has many benefits, but it also has fast-changing financial-trading avenues. ForEx markets are always moving. So how do you keep up? With this new edition of Currency Trading For Dummies, you'll get the expert guidance you've come to know and expect from the trusted For Dummies brand—now updated with the latest information on the topic. Inside, you'll find an easy-to-follow introduction to the global/ForEx market that explains its size, scope, and players; a look at the major economic drivers that influence currency values; and the lowdown on how to interpret data and events like a pro. Plus, you'll discover different types of trading styles and make a concrete strategy and game plan before you act on anything. Covers currency trading conventions and tools Provides an insider's look at key characteristics of successful currency traders Explains why it's important to be organized and prepared Offers guidance on trading pitfalls to avoid and risk management rules to live by Whether you're just getting started out in the foreign exchange market or an experienced trader looking to diversify your portfolio, Currency Trading For Dummies sets you up for trading success.

Traders at Work

Traders at Work
Author: Tim Bourquin
Publisher: Apress
Total Pages: 207
Release: 2013-08-23
Genre: Business & Economics
ISBN: 1430244445

Shortly after most novice traders discover how trading works and begin to realize that they have the potential to make unlimited amounts of money in the financial markets, they start dreaming the near-impossible dream. They fantasize about buying that condo in Boca Raton for their parents or surprising their son with a brand-new car on his 16th birthday. They even begin to imagine themselves opening their own trading firm or milling about the pit of the Chicago Mercantile Exchange, lobbying against other professional traders for the perfect entry into a once-in-a-lifetime trade. But then ... they watch the markets lurch in wildly unpredictable ways, lose their shirts in a few live trades, and then freeze in their tracks, wondering if they will ever be able to consistently trade in a manner that can even loosely be defined as “profitable.” To be sure, becoming a full-time, professional trader, working at a proprietary trading firm, or managing the trading activity of a hedge fund may sound like the perfect career, but it’s all too easy for beginner traders to overestimate their trading abilities, underestimate the movements of the markets, and find themselves in a financial hole of epic proportions after a few bad trades. So what does it really take to make a living in the markets? Tim Bourquin, co-founder of Traders Expo and the Forex Trading Expo and founder of TraderInterviews.com, and freelance writer and editor Nick Mango set out to answer that exact question in Traders at Work, a unique collection of over 20 interviews with some of the world’s most successful professional traders, from at-home hobbyists who have opened their own firms to those working at hedge funds, on proprietary trading desks, and in exchange pits. What mistakes did Anne-Marie Baiynd make early in her career? What does Michael Toma wish he had known about trading? What trading strategies work best for Linda Raschke? How does John Carter remain cool, calm, and collected when the markets are sending mixed signals? And how did Todd Gordon make the transition from part-time to full-time trader? Bourquin and Mango ask all of these questions and more in Traders at Work and in doing so reveal insider insights on what it takes to be a successful trader from those who are living that dream. Fascinating, compelling, and filled with never-before-told stories from the front lines of the trading arena, Traders at Work is required reading for anyone who has ever asked themselves if they have what it takes to trade for a living.

Forex Trading for Maximum Profits

Forex Trading for Maximum Profits
Author: Trader X
Publisher: Createspace Independent Publishing Platform
Total Pages: 120
Release: 2013-04-04
Genre:
ISBN: 9781484033623

Forex trading is not all it is cracked up to be. The picture painted by the gurus and the brokers has only one side, a pink one, and is missing the real feeling and pain that a average retail trader goes through until a success is reached. I can feel the pain in the Forex Community and the purpose of this book is to even out the planes. Here is what you can expect to learn and master after practicing the concepts in this book. -Learn to move with the winners and tailgate on their profits(this strategy alone is worth the 10 bucks) -How to avoid and react to The little dirty tricks of your broker -The little known strategies of the successful Forex traders -What are the best times to trade -The best ways to trade any strategy(this little detail can make or break your trading record) -Most important and little known price levels, that deliver profits at any currency pair. -How to profit from Weird Crowd Psychology( when used as suggested in the book this one is a massive cash pooler) -The one, little known way to enter the Forex market and have the price guaranteed to move your direction. -The well guarded price action strategies of the Forex Banks and Foreign institutions. -How not to use price action and when to be cautious about pulling the trigger, if a price approaches a certain deadly level. -Which are the favorite price patterns of the experienced traders -How to avoid having spread slips of as much of a 100 pips, and have your profit and account swallowed by your broker(most of the retail traders have no clue, what I am speaking about) -What are the most important factors, observed religiously by all the shakers and movers, and how not to break the rules of alliance that can cost you your account. -What are the sneaky falls break outs, practiced by the most of the platforms and how to fight the FOREX BOTS. -Strange practices of your broker, that causes your stops to be hit before your entries(this is a must know before you open a account with any platform) The above strategies and lessons are not lessons from a book or science projects. These are the hard earned lessons from the Forex School of hard knocks. During the years I have met, and traded with and chat in expensive paid forums, with multitude of successful traders. This book is what I find to be the essential and most important material you will ever need, to trade Forex Market. Learn and master the strategies of the winners and become a winner. On the other hand you can spent countless of hours and thousands of dollars, staring at your screen, until your eyes leak out and still not come to the priceless lessons in this book. Make yourself a favor and invest in your education and buy this book. You are just a couple of mouse clicks away. See you on the other side.

7 Winning Strategies For Trading Forex

7 Winning Strategies For Trading Forex
Author: Grace Cheng
Publisher: Harriman House Limited
Total Pages: 264
Release: 2010-04-19
Genre: Business & Economics
ISBN: 0857190245

Many traders go around searching for that one perfect trading strategy that works all the time in the global FOREX (foreign exchange/currency) market. Frequently, they will complain that a strategy doesn't work. Few people understand that successful trading of the FOREX market entails the application of the right strategy for the right market condition. 7 Winning Strategies For Trading Forex covers: - Why people should be paying attention to the FOREX market, which is the world's largest and most liquid financial market - How understanding the structure of this market can be beneficial to the independent trader - How to overcome the odds and become a successful trader - How you can select high-probability trades with good entries and exits. Grace Cheng highlights seven trading strategies, each of which is to be applied in a unique way and is designed for differing market conditions. She shows how traders can use the various market conditions to their advantage by tailoring the strategy to suit each one. This revealing book also sheds light on how the FOREX market works, how you can incorporate sentiment analysis into your trading, and how trading in the direction of institutional activity can give you a competitive edge in the trading arena. This invaluable book is ideal for new and current traders wanting to improve their trading performance. Filled with practical advice, this book is a must-read for traders who want to know exactly how they can make money in the FOREX market.