The Forex Trading Course : A Self-Study Guide To Becoming a Successful Currency Trader

by Abe Cofnas

• ISBN13: 9780470222607
• ISBN10: 0470222603
• Format: eBook
• Copyright: 2008-02-01
• Publisher: Wiley
• More Book Details
• Purchase Benefits

Summary

A pioneer in currency trading shares his vast knowledge The Forex Trading Course is a practical, hands-on guide to mastering currency trading. This book is designed to build an aspiring trader's knowledge base in a step-by-step manner-with each major section followed by a thorough question-and-answer section to ensure mastery of the material. Written in a straightforward and accessible style, The Forex Trading Course outlines a practical way to integrate fundamental and technical analysis to identify high probability patterns and trades; and reveals how to develop a trading plan and appropriate strategies for different size trading accounts; how to control emotions and use emotional intelligence to improve trading performance; and much more. Filled with in-depth insight and practical advice, The Forex Trading Course will prepare readers for the realities of currency trading, and help them evolve and achieve success in this dynamic market. Abe Cofnas (Orlando, FL) has been the forex trading columnist for Futures magazine since 2001. He formed Learn4x.com-one of the first Web-based interactive training sites devoted to forex trading in 2001 as well. Cofnas is also founder of www.CurrencyGames.com, a forex education and entertainment company.

Table of Contents

Foreword

Preface

Acknowledgments

About the Author

What Drives the Forex Market?

The Fundamentals of Forex

The Role of Inflation

Exploiting Information About Economic Growth

The China Factor

The Commodities Connection

How Business Confidence and Consumer Sentiment Affects the Market

Fundamental Personalities of Currencies

The Personality and Performance of the US Dollar

Conducting Your Own Fundamental Analysis

Timing the Trade with Technical Analysis

Mapping Price Action

Finding Significant Support and Resistance

Volatility in Forex and Its Dimensions

Chart Formations and Price Patterns You Should Know

Trading Styles and Setups

Alternative Set Ups and Trading Strategies

Putting It Together

The Right Way To Use Simulation Accounts

Strategies and Challenges for Different Account Sizes

The Path to Success in Forex Trading

Test Your Forex IQ

Selected Futures Columns

Index

Table of Contents provided by Publisher. All Rights Reserved.