Currency Trading For Dummies

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Currency Trading For Dummies

Currency Trading For Dummies

2018-02-20 Currency Trading For Dummies

Description

ForEx markets are always moving. Currency trading has many benefits, but it also has fast-changing financial-trading avenues. Your plain-English guide to currency tradingCurrency 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. 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 toolsProvides an insider's look at key characteristics of successful currency tradersExplains why it's important to be organized and preparedOffers guidance on trading pitfalls to avoid and risk management rules to live byWhether 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.. 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

Brian Dolanhas more than 20 years of experience in the currency market and is a frequent commentator for major news media. . She produces research on G10 and emerging-market currencies, providing her clients with actionable trading ideas. Kathleen Brooks is research director at FOREX

Very good introduction, with verbose sections This is a solid review of the 'nuts & bolts' of 'retail' forex trading-- peaks and troughs in liquidity, world-wide trading hours, technical analysis, the use of various types of 'orders,' and-- most critically-- what it means to buy or sell a currency pair. The order of the ratio-- say, EUR/USD-- is key to understanding the latter.In part two, the authors get bogged down in a 100+ page discussion of 'fundamentals' of currency trading-- economic events, broadly defined, that can affect currency pairs. *Way* too much information here! The authors would have been more helpful if they had just provided a comprehensive list of economic 'events' . A SOLID Four Stars C.B. Stone by Brian Dolan @326 pages 2015Finished 7/14/2016Preliminary: This review is for the 2nd Edition; it appears that the third edition has an additional author cited. I first came across this book in a library in Indianapolis. So I picked up a copy.This book covers pretty much everything you need to know about Currency Trading including technical analysis, fundamentals, psychology, and the book even digs into details about the actual currency pairs.I would say this book has great breadth, but not a lot of depth. For example, if you want to learn more about technical analysis, you will need to pick up another book because his coverage on indicato. "Exhaustive overview of FOREX markets" according to Roberto C.. Very good overview. You won't become a trader but you'll be reminded of everything you need to keep track of.

This hands-on, user-friendly guide shows you how the foreign exchange market works, who the players are, what influences currency values, how to interpret data and events, and what you need to know to develop a winning strategy. From the Back CoverLearn to:Understand how the market worksResearch the global forex marketsApply mobile and platform trading solutionsUse tips and hints from professionalsUnderstand the foreign exchange market and benefit from it!The forex market is f