The Little Book of Currency Trading: How to Make Big Profits in the World of Forex (Little Books. Big Profits).

Kathy Lien does a really good job of explaining the basics of the forex market and some topics that are usually avoided in other books such as the biggest scams in the market and the top 10 mistakes in Forex trading. For those of you that are a bit more advanced like yours truly, the Bollinger Bands were an interesting and practical tool.

Along the way, Lien skillfully explains the forces that drive currencies and provides strategies to profit from them; reveals how you can use various currencies to reduce risk; and take advantage of global trends, and examines what you can do to make money without the stress of monitoring the market every day. Other issues addressed include:

Getting started in Forex and finding the right approach for you
The most commonly made Forex mistakes
Making the most of slow and steady investing as well as learning the fast and furious approach to Forex
Avoiding popular Forex scams
And much more

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Currency Trading for Dummies gives readers a step by step guide to getting acquainted with the Forex market.

This book is a book of Forex strategy, fundamentals, mental game and a lot more. If you are just starting or a veteran purchase this book… It gives you those jewels that you hear and wonder,” where that come from?”. The indicator section is the best. So many traders are always trying out the new indicator. Truth be told they all are the same. Your overall package as a trader is what makes you profitable, not 50 moving averages crossing.

Forex is the best market out here period, but the books and information available are lacking real substance. Do not let the title fool you. This book is written by owners of Forex brokerages. They hold nothing back. This book is for dummies and pros a like.
Features Forex market guidelines and sample trading plans:

• Identify trading opportunities
• Understand what drives the Forex market
• Choose a trading Forex broker
• Execute a successful currency trade
• Minimize risk and maximize profit
• Analyze currency charts

If you want to really understand the forces behind the Forex market, this book is a must for you, especially, if your knowledge is limited regarding the fundamental analysis.

The authors beautifully described how different economic indicators- such as oil, inflation…etc affect the market. Technical analysis in this book is limited, however, it still very effective!

If you’re a relative newbie to Forex, this book will introduce you to the fast paced foreign exchange market. It glosses over many different subjects, not really going into great detail but providing just enough information for the novice to learn some new things.

“Profiting With Forex” covers basics like how some currencies are tied to commodities like gold and oil, and the basics of technical analysis. If you know what “Bid” and “Ask” are and what a “pip” is and are looking to learn from there, this book will be a good building block in your Forex trading library.

Get Greg Michalowski’s book if you want to Trade Forex seriously. It’s a complete trading education from Mission Statement to Trading Strategy all in one book.
Making money while limiting risk is something every good trader strives to do. But in order to achieve this goal you need a firm understanding of financial markets, as well as the tools that will allow you to effectively apply sound trading strategies in them.

Nobody understands this better than author Greg Michalowski—a market veteran who has spent the last ten years with retail forex brokerage company FXDD—and now, with Attacking Currency Trends, he shares his experience in this field with you. Following a step-by-step approach and progressing in a logical manner, this practical guide will help swing trading results in your favor by showing you how to better anticipate and attack the trend in currencies.

Divided into two comprehensive parts, this reliable resource opens with a detailed discussion of how to build a solid foundation for your currency trading. Here, you’ll become familiar with the attributes of all successful traders and discover the essential characteristics of retail currency traders. Along the way, you’ll also be introduced to specific elements that will allow you to excel in attacking forex trends—namely a mission statement, a game plan, and rules.

After explaining how to develop a solid foundation, the book transitions into the technical tools and strategies used to anticipate and manage forex trends, define risk, and control fear. You’ll gain valuable insights into three main charting tools—moving averages, trend lines and remembered lines, and Fibonacci retracements—and learn why successful currency traders look at short-, intermediate-, and long-term time periods equally and trade using all three. Relevant examples are also included, highlighting how trading does not always have to be complicated.

Success in currency trading, as in any business, is based on building the right foundation and using the proper tools. Combining his years of trading experience with his knowledge of retail traders and the nuances of the currency market, Greg Michalowski has created an accessible trading guide that will help you minimize risk, keep fear in check, and capture consistent profits in today’s dynamic currency market.

New FX trading book, “Trading Currencies in the FOREX and Futures Markets”, available

For immediate release: New FX trading book, “Trading Currencies in the FOREX and Futures Markets”, available for pre-order at TradersPress and Amazon websites.

Published by FT Press and written by popular trading author, Carley Garner, “Trading Currencies in the FOREX and Futures Markets” takes readers on a crash course of the currency markets. Whether you trade FOREX, currency futures, or simply need to know which venue best fits your needs, this is book is a must!

Currency trading offers immense potential to stock and futures investors seeking new speculative opportunities. However, there are several ways to trade in currencies, and many unsuspecting traders have been burned by aggressive marketing campaigns and gimmicks luring them into unfavorable trading environments.

In this book, best-selling trading author Carley Garner covers everything new currency traders need to know to avoid those pitfalls and start earning big profits. Currency Trading begins by demystifying all the essentials, from quotes and calculations to the unique language of Forex trading. Readers learn all they need to know about choosing trading platforms and brokerage firms; working with leverage; controlling transaction costs; managing liquidity, margins, and risks; and much more.

Garner thoroughly explains the currency spot market (Forex, a.k.a. FX); currency futures traded on the Chicago Mercantile Exchange (CME) and elsewhere; and currency ETFs. She candidly discusses the advantages and disadvantages of each, cutting through the “smoke and mirrors” often associated with currency trading. Readers will also find a full section on currency market speculation, including a clear introduction to fundamental and seasonal analysis in currency markets. With her guidance, new currency traders can identify the markets and approaches that best fit their objectives, and avoid the pitfalls that have often victimized their predecessors.

Only book to clearly introduce each leading venue for trading currencies, including Forex spot markets, currency futures, and currency ETFs.
• Covers everything new currency traders need to know, from market access and profit calculations to risks and analysis techniques
• Readers learn all they need to know about choosing trading platforms and brokerage firms
• Shows how to avoid aggressive and fraudulent marketing tactics and “smoke and mirrors” that have often been associated with currency markets

About Publisher
FT Press, an imprint of Pearson, publishes high-quality books in the areas of General Business, Finance and Investing, Sales and Marketing, Social Media, Leadership, Management and Strategy, Human Resources, and Global Business. Our brand is built on the concept of signing and publishing the world’s best minds on the most relevant topics.

Covering the day-to-day mechanics of the FX market and the unsavoury dealings going on, Beat the Forex Dealer offers traders the market-proven trading techniques needed to side-step dealer traps and develop winning trading methods. Learn from an industry insider the truth behind dirty dealer practices including: stop-hunting, price shading, trading against clients and no dealing desk realities.

Detailing the dealer-inspired trading techniques developed by MIGFX Inc, consistently ranked among the world’s leading currency trading firms, the book helps turn average traders into winning traders; and in a market with a 90% loss rate winning traders are in fact quite rare! More than just a simple manual, Beat the Forex Dealer brings to life the excitement of the FX market by delivering insights into some of the greatest trading triumphs and highlighting legendary disasters; all written in an easy to read style. By stripping away the theory and getting down to the core of trading, you too will find yourself on the way to beating the forex dealer!

I would recommend this book to anyone considering foreign exchange trading–preferably before a single position is ever opened. A book about the tricks of the forex dealer against you and the solutions to them.

Bob Volman is the author who have written the Forex Price Action Scalping: an in-depth look into the field of professional scalping.

Well I’ve never heard before of Bob Volman or of Light Tower Publishing but after making it halfway through the book and putting the setups to the test, it has become clear to me that Bob Volman went the extra mile to uncover the fundamental details that are required to successfully trade his setups. Great for scalping currency’s, however it of course work equally well for the YM, ES, CL, etc..

by Kathy Lien

Day Trading and Swing Trading the Currency Market: Technical and Fundamental Strategies to Profit from Market Moves (Wiley Trading). Discover a variety of technical and fundamental profit-making strategies for trading the currency market with the Second Edition of Day Trading and Swing Trading the Currency Market. In this book, Kathy Lien–Director of Currency Research for one of the most popular Forex providers in the world–describes everything from time-tested technical and fundamental strategies you can use to compete with bank traders to a host of more fundamentally-oriented strategies involving intermarket relationships, interest rate differentials, option volatility, news events, and central bank intervention.

The book covers FX strategies, and very specific setups and tactics. So, great if you plan to use them as is but not so great if you already have a trading system and want to expand it to cover Forex.

In summary: Do not read it if this is your 1st FX book or you have no prior experience. Maybe try other more ‘beginner’ guides first and come back to this one after a few months experience.

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