Currency Trading For Dummies

Summary

Currency Trading For Dummies, 2nd Edition, will approach the consumer market as an updated informational personal finance and investment title for currency traders of all experiences. It will settle consumer demand for updated ForEx market information and provide readers with an easy-to-understand guide to confidently maneuver within the fast-paced world of Foreign Exchange. For those just getting a start in the Foreign Exchange Market or an experienced trader, this book will be beneficial to provide all readers with a better understanding of the market and offer strategy and advice for trading success. It includes: Expanded coverage of the types of foreign exchange markets available to investors Updated content on how to do research in the digital age Help choosing a broker in the current market Advice on how to manage the risks and rewards Updated information on SEC rules and regulations (and tax laws) Updated examples that reflect current market and economic conditions

Author Biography

Brian Dolan has worked for more than 20 years in the forex market as a currency trader and analyst. As the Chief Currency Strategist at FOREX.com, Brian oversees fundamental and technical analysis and is a frequent resource for the financial media on currency developments.

Introduction.

Part I: Trading the World’s Largest Financial Market.

Chapter 1: Currency Trading 101.

Chapter 2: What Is the Forex Market?

Chapter 3: Who Trades Currencies? Meet the Players.

Chapter 4: The Mechanics of Currency Trading.

Part II: Driving Forces behind Currencies.

Chapter 5: Looking at the Big Picture.

Chapter 6: Understanding and Applying Market News and Information.

Chapter 7: Getting Down and Dirty with Fundamental Data.

Chapter 8: Getting to Know the Major Currency Pairs.

Chapter 9: Minor Currency Pairs and Cross-Currency Trading.

Part III: Developing a Trading Plan.

Chapter 10: Training and Preparing for Battle.

Chapter 11: Cutting the Fog with Technical Analysis.

Chapter 12: Identifying Trade Opportunities.

Chapter 13: Risk-Management Considerations.

Part IV: Executing a Plan.

Chapter 14: Pulling the Trigger.

Chapter 15: Managing the Trade.

Chapter 16: Closing the Position and Evaluating Your Results.

Part V: The Part of Tens.

Chapter 17: Ten Habits of Successful Currency Traders.

Chapter 18: Ten Beginner Trading Mistakes.

Chapter 19: Ten Rules of Risk Management.

Chapter 20: Ten Great Resources.

Index.

Supplemental Materials

What is included with this book?

The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.