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Book Description
The foreign exchange
(FOREX) market used to be the exclusive arena for professional currency
traders and major financial institutions. With the barriers to this
market now removed, you too can participate and profit from currency
trading–but first you must learn how. In
Currency Trading: How to Access and Trade the World’s Biggest
Market, expert trading veteran Philip Gotthelf provides a cutting-edge
and comprehensive overview of the largest market in the world–where
currency trading volume exceeds $1 trillion daily–and shows
you how to take advantage of the fluctuations within currency markets
to reap enormous rewards.
Currency Trading is filled with in-depth
insights and valuable advice that any level of currency trader can
appreciate. Numerous real-world examples and case studies help drive
each point home in a straightforward, no-nonsense manner. Topics
discussed include:
- The principle of "parity"
and how to master it
- How currency markets such as futures, options, Interbank, and
forwards work
- Events that affect currency value–from interest rates to
a country’s economic position
- Forecasting using fundamental and technical analysis
- Basic to advanced trading strategies for currency markets
- How to avoid scams and take advantage of legal manipulations within
currency markets
The dynamics and rules of currency trading are constantly changing.
There is no point in following the outdated advice of "experts."
Currency Trading offers practical information which will allow you
to cultivate your own views of currency trading, sharpen your skills,
and ultimately, draw your own conclusions on where, when, and how
to trade almost any currency–from U.S. Dollars to Euros.
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