Currency Trading For Dummies^®

by Mark Galant; Brian Dolan

ISBN13:
9780470278864
ISBN10:
0470278862
Format: eBook
Copyright: 2007-10-01
Publisher: For Dummies
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Currency Trading For Dummies^®; > ISBN13: 9780470278864

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Summary

Features forex market guidelines and sample trading plans The fun and easy way to get started in currency trading Want to capitalize on the growing forex market? This nuts-and-bolts guide gives you a step-by-step action plan for understanding and trading the forex market. It offers practical guidance and savvy tips in everything from comprehending currency quotes to using leverage, trading with fundamentals, and navigating technical analysis. Identify trading opportunities Understand what drives the market Choose a trading broker Execute a successful trade Minimize risk and maximize profit Analyze currency charts

Introduction
Trading the WorldÆs Largest Financial Market.
Currency Trading 101
What Is the Forex Market?
Who Trades Currencies? Meet the Players
The Mechanics of Currency Trading
Moving Currencies: Driving Forces Behind Forex Rates.
Getting to Know the Major Currency Pairs
Minor Currency Pairs and Cross-Currency Trading
Looking at the Big Picture
Understanding and Applying Market News, Data, and Information
Getting Down and Dirty with Fundamental Data
Cutting the Fog with Technical Analysis
Developing a Trading Plan.
Training and Preparing for Battle
Identifying Trade Opportunities
Risk-Management Considerations
Executing a Plan.
Pulling the Trigger
Managing the Trade
Closing Your Position and Evaluating Your Trading Results
The Part of Tens.
Ten Habits of Successful Currency Traders
Ten Beginner Trading Mistakes
Ten Rules of Risk Management
Ten Great Resources
Index
Table of Contents provided by Publisher. All Rights Reserved.

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