Currency Trading For Dummies

Currency Trading For Dummies

By (author) Mark Galant , By (author) Brian Dolan

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Your plain-English guide to currency trading Forex 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! * All the world's a stage get an easy-to-follow introduction to the global forex market and understand its size, scope, and players * 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 * Prepare for battle discover different types of trading styles and make a concrete strategy and game plan before you act on anything * 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: * Currency trading conventions and tools * Key characteristics of successful traders * Trading pitfalls to avoid and risk management rules to live by * How major currencies typically trade * Why it's important to be organized and prepared * The 411 on buying and selling simultaneously * Tips for understanding rollovers and interest rates Learn to: * Grasp currency quotes * Capitalize on the foreign exchange market * Manage risk and reward * Use the forces that drive currency movements * Identify key traits of individual currency pairs

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  • Paperback | 360 pages
  • 185.42 x 233.68 x 20.32mm | 612.35g
  • 12 Jul 2011
  • John Wiley & Sons Inc
  • New York
  • English
  • Revised
  • 2nd Revised edition
  • 1118018516
  • 9781118018514
  • 61,142

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Author Information

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.

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