When you looking for foreign exchange trading for dummies, you must consider not only the quality but also price and customer reviews. But among hundreds of product with different price range, choosing suitable foreign exchange trading for dummies is not an easy task. In this post, we show you how to find the right foreign exchange trading for dummies along with our top-rated reviews. Please check out our suggestions to find the best foreign exchange trading for dummies for you.
Best foreign exchange trading for dummies
1. Japanese Candlestick Charting Techniques, Second Edition
Description
A form of technical analysis, Japanese candlestick charts are a versatile tool that can be fused with any other technical tool, and will help improve any technician's market analysis. They can be used for speculation and hedging, for futures, equities or anywhere technical analysis is applied. Seasoned technicians will discover how joining Japanese candlesticks with other technical tools can create a powerful synergy of techniques; amateurs will find out how effective candlestick charts are as a stand-alone charting method. In easy-to-understand language, this title delivers to the reader the author's years of study, research and practical experience in this increasingly popular and dynamic approach to market analysis. The comprehensive coverage includes everything from the basics, with hundreds of examples showing how candlestick charting techniques can be used in almost any market.2. FOREX TRADING: The Basics Explained in Simple Terms (Forex, Forex for Beginners, Make Money Online, Currency Trading, Foreign Exchange, Trading Strategies, Day Trading)
Description
Jim's FOREX books are consistently ranked BEST SELLERS on Amazon and there is a very good reason for this. At no extra cost (or on-costs) Jim shares with his readers:
- His custom indicators for the MT4 MetaTrader platform, as a download at the end of the book. AND anyone who has received these indicators will also receive the MT5 version of his files when they have been programmed.
- An invitation to join his Facebook Group which has new as well as experienced Forex Traders contributing.
- Daily interaction in his Facebook Group
- He calls his trades live, shares his results AND records a weekly trade analysis video.
- His contact details if you require further clarification.
Jim, from Queensland Australia, is a full-time Forex Trader, currently residing in Vietnam. His knowledge of currency trading extends over a 14 year period and has evolved from the old fashioned manual charting when he first started in 2002, to trading on multiple screens and entering the arena of automated trading. During this time, he has developed and shared many trading systems for free, and assisted many new traders through various blogs and forum participation.
This book is for those of you who are just starting to consider trading Forex but dont know where to start, given the abundance of information on the internet. It is a good first book to read, to gain an understanding of the very basics. As an added Bonus, Jim offers one of his Trading Systems, as well as the indicators without any further on-costs.
Check out his YouTube vids, chat with him on Facebook - he's an approachable guy who is passionate about trading. Here Is an outline of what is included:
- What is Forex?
- Advantages of Trading Forex
- When the Forex market is open
- Forex pairs
- Where we trade Forex
- Choosing a Broker
- Important information for US based traders
- Lot size and equivalent pip value
- Information on risk
- News and fundamental analysis
- Technical analysis
- Risk-reward ratio
- Types of orders
- How many pips is enough
- Trading psychology
- Day trading or longer term trading?
- Keeping a journal or diary
Jim's other books
- MT4 High Probability Forex Trading Method
- Trading Forex with Divergence on MT4
What people are saying...
I was a bit skeptical prior to ordering this as it is only 72 pages in length. However the author covered concepts and principles in very direct and easy to understand manner. I have read other authors that would have no doubt used three times the verbiage and none of the clarity possessed by Jim Brown. All in all I am very pleased with my purchase. - Darrell R Allen
Buy "Forex for Dummies" or something similar for a detailed background of Forex, then buy this book. It is well written and to the point. I recently paid $40 for a system which did not do much but generate daily emails promoting many more expensive systems. Jim's free system is easy to implement and follow, and it works. Also, there is no upselling. I felt that he wants people to succeed. I also bought his other book, which includes another free system. Both will be valuable to new Forex traders like myself. - Terrence E Winnie
This book, using an easy language, explains all things needed to start trading Forex. The included bonus system is also very easy to understand. The system gave me for example 125 pips trading EURUSD on 16 th June. - Amazon Customer
3. Currency Trading For Dummies
Feature
For DummiesDescription
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. 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 brandnow 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.
4. Currency Trading For Dummies
Description
Your plain-English guide to currency tradingForex markets can be one of the fastest and most volatile financial markets to trade. Money can be lost or made in a matter of seconds, and forex markets are always moving. So how do you keep up? This hands-on, friendly guide shows you how the forex market really works, what moves it, and how you can actively trade in it without losing your head!
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All the world's a stage get an easy-to-follow introduction to the global forex market and understand its size, scope, and players
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Show me the money take a look at the major fundamental and economic drivers that influence currency values and get the know-how to interpret data and events like a pro
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Prepare for battle discover different types of trading styles and make a concrete strategy and game plan before you act on anything
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Pull the trigger establish a position in the market, manage the trade while it's open, and close out on the most advantageous terms
Open the book and find:
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Currency trading conventions and tools
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Key characteristics of successful traders
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Trading pitfalls to avoid and risk management rules to live by
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How major currencies typically trade
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Why it's important to be organized and prepared
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The 411 on buying and selling simultaneously
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Tips for understanding rollovers and interest rates
Learn to:
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Grasp currency quotes
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Capitalize on the foreign exchange market
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Manage risk and reward
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Use the forces that drive currency movements
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Identify key traits of individual currency pairs
5. Forex Trading: A Comprehensive beginners guide to learn the realms of Forex trading from A-Z
Description
Even though there are many books available, you will not get the desired knowledge if you dont find the right book. If you are searching for a book to help you squeeze out money from Forex trading, this is not the book you are hunting for. Of course, trading is about money, but A comprehensive beginners guide to learn the realms of forex trading from A-Z will provide a better and different version of Forex trading. It will make Forex trading easier by providing information from scratch. Once you read this book, the value of persistence, practice, and perseverance will be clearer. Youll learn the simplest methods to avoid trading mistakes as a beginner. Your perception of trading psychology will gain a fresh ray of light and understanding. Youll begin to grasp the importance of psychology. You will find ways to protect your trading account from losses and tips to achieve success in trading. The step of detecting the right trading strategy will be made accessible through this book. Youll get the confidence to build your trading kingdom. The book will include the history of the FX market, so that you will start your journey by understanding the basement of the market. Youll find a lot more topics that are important to your journey, so it is going to be a great learning session. To put simply, if you are beginner you are going to get the best out of Forex Trading: A comprehensive beginners guide to learn the realms of forex trading from A-Z. Grab this Book today and get started with Forex Trading ASAP!6. Forex Trading: A Beginners Guide to Making Money Using Forex Trading Strategies: Forex and Price Action Trading Strategies, Book 1
Description
Are you interested in making a side income or create a trading business that is scalable? Are you interested in learning more about forex trading? This book could be the answer you're looking for.
Foreign Exchange (Forex) trade is a multitrillion-dollar market. It is the world's largest market by value with transactions worth $5 trillion made on a daily basis. Traditionally, this has been a market for large-scale brokers. However, with the advent of web technology, more forex trading platforms are coming online.
You do not need a huge amount of cash or have advanced technical skills to trade. You also do not need to monitor the trade full time, thanks to automated transaction processing. This book Forex Trading: A Beginners' Guide to Making Money Using Forex Trading Strategies will get you started in this world of trading currencies. You do not have to be on Wall Street to make it big. You can start small and grow big by simply following the proven strategies in this book.
This guide does not assume your level of knowledge. It starts with a beginners' approach by introducing you to what forex trading is all about and helps you to build upon the key fundamentals as you advance.
Like any other trade, there are always pitfalls, which, if not considered can derail you. In this guide, you will learn about some of the pitfalls, which cause many to quit prematurely when they are so close to success.
Failing to plan is indeed planning to fail. Forex trading is no exception to this rule. Many people fear to make plans simply because they are scared of them. You need not be scared. Plans are simple. All you need is determination, and this book will guide you, step-by-step, to a simple forex trading plan that you can achieve with great success.
In every business, there are risks. It is dealing with risks that helps you eventually make a profit. This book provides proven forex trading strategies that not only secures your cash against risks but also enables you to optimize on its returns. To ensure that your own trading strategy works, you need to test it. This is one way of reducing risk. The book will guide you on various backtesting methods to ensure that your strategies not only work, but also result in an optimal outcome.
