Open 24 hours a day, 5½ days per week, and trading nearly $4 trillion (US) per day, Forex is the biggest, fastest growing financial market in the world. Your complete A-to-Z guide, FX Trading gets you up to speed on everything you need to know to make a killing trading Forex. Starting with the basics of money management, analysis, and FX market trading mechanics, it swiftly advances into more advanced territory, discussing trading strategies and wealth management.
From quotations, pips and spreads to the pros and cons of using online brokers and websites to FX risk management, FX Trading is an indispensable tool of the trade for beginners and experienced Forex traders alike.
Helps you to see past the media hype, while alerting you to common Forex trading mistakes and pitfalls and how to avoid them Filled with invaluable expert insights and proven strategies, backed by numerous examples, charts and checklists Updated to reflect the enormous growth in Forex trading and the new players involved, as well as the many changes wrought by the global financial crisis and the rapid evolution of electronic trading platforms
By:
Alex Douglas, Larry Lovrencic, Peter Pontikis Imprint: Wrightbooks Country of Publication: Australia Dimensions:
Height: 229mm,
Width: 150mm,
Spine: 15mm
Weight: 431g ISBN:9780730376521 ISBN 10: 0730376524 Publication Date:03 February 2012 Audience:
General/trade
,
ELT Advanced
Format:Paperback Publisher's Status: Active
Preface vi About the authors xi 1 Money management — an overview 1 2 What is foreign exchange? 3 3 Show me the money! 23 4 Talking the talk 31 5 Who’s who at the FX marketplace 51 6 Trading platforms for retail traders 69 7 Factors influencing FX markets 89 8 Technical analysis for traders 115 9 FX fundamental analysis for traders 159 10 FX trading at the big end of town 181 11 Introduction to FX trading strategy 201 12 Money management — the fundamentals 231 13 (Your) Wealth on the global stage 241 14 New technology 253 Conclusion and next steps 261 Appendix: World currency codes 263 Index 267