Best Foreign Exchange Books

Here you will get Best Foreign Exchange Books For you.This is an up-to-date list of recommended books.

1. Trading: Technical Analysis Masterclass: Master the financial markets

Author: by Rolf Schlotmann
181 pages

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Trading stocks, currencies, futures, and other financial contracts is not actually complicated and anybody can learn it in a relatively short time. This has been my daily experience for the past decade and even traders who have tried everything for years without success can make their first profits if the art of trading is explained to them in the right way.

However, the keyword in the right way is important here. This book focuses on technical analysis, explanation and interpretation of price movements and chart patterns as well as on learning effective, ready-to-use trading strategies. However, it is important to go beyond the usual technical analysis, and to analyze the behavior of traders based on psychological factors and phenomena of mass psychology as well.

The price movements on the international financial markets arise because millions of people interact with each other every day. Buying and selling decisions are influenced by emotions and human behavioral patterns. Whether we are looking at a speculator from China 200 years ago, a Wall Street pit trader from New York 80 years ago or a modern-day “Joe Bloggs trader, trading from his/her smartphone the human components, i.E.

2. A Complete Guide To Volume Price Analysis: Read the book then read the market

Author: by Anna Coulling
June 16, 2013

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It was good enough for themWhat do Charles Dow, Jesse Livermore, and Richard Ney have in common? They used volume and price to anticipate where the market was heading next, and so built their vast fortunes. For them, it was the ticker tape, for us it is the trading screen.

The results are the same and can be for you too. You can be lucky tooI make no bones about the fact I believe I was lucky in starting my own trading journey using volume. To me it just made sense.

The logic was inescapable. And for me, the most powerful reason is very simple. Volume is a rare commodity in trading – a leading indicator. The second and only other leading indicator is price. Everything else is lagged. It’s a simple problemAs traders, investors or speculators, all we are trying to do is to forecast where the market is heading next.

Is there any better way than to use the only two leading indicators we have at our disposal, namely volume and price? And such a powerful solutionIn isolation, each tells us very little. After all, volume is just that, no more no less.A price is a price.

3. Naked Forex: High-Probability Techniques for Trading Without Indicators

Author: by Alex Nekritin
288 pages

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A streamlined and highly effective approach to trading without indicators Most forex traders rely on technical analysis books written for stock, futures, and option traders. However, long before computers and calculators, traders were trading naked. Naked trading is the simplest (and oldest) trading method.

It’s simply trading without technical indicators, and that is exactly what this book is about. Traders who use standard technical indicators focus on the indicators. Traders using naked trading techniques focus on the price chart. Naked trading is a simple and superior way to trade and is suited to those traders looking to quickly achieve expertise with a trading method.

Offers a simpler way for traders to make effective decisions using the price chart Based on coauthor Walter Peters method of trading and managing money almost exclusively without indicators Coauthor Alexander Nekritin is the CEO and President of TradersChoiceFX, one of the largest Forex introducing brokers in the world Naked Forex teaches traders how to profit the simple naked way!

4. FOREX TRADING: The Basics Explained in Simple Terms (Forex, Forex Trading System, Forex Trading Strategy, Oil, Precious metals, Commodities, Stocks, Currency Trading, Bitcoin)

Author: by Jim Brown

89 pages

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All three of Jim’s FOREX books consistently rank as BEST SELLERS on Amazon and there is a very good reason for this. It’s not just a book! At no extra cost (or on-costs) Jim shares with his readers:His custom indicators for the MT4/MT5 MetaTrader platforms and more recently TradingView, as a download package at the end of the book.

An invitation to join his free JAGfx Facebook Group with over 6,000 members (both new and experienced Forex Traders contributing) and/or Telegram Group. Daily interaction in his Facebook Group. He calls his trades live, shares his results AND records regular trade analysis videos.

His contact details if you require further clarification. Jim, from Queensland Australia, is a full-time Forex Trader, currently residing in Vietnam. His knowledge of currency trading has evolved from the old fashioned manual charting when he first started in 2002, to trading on multiple screens and entering the arena of automated trading.

During this time, he has developed and shared many trading systems for free, and assisted many new traders through various blogs and forum participation. This book is for those of you who are just starting to consider trading Forex but don’t know where to start, given the abundance of information on the internet.

5. Options Trading Strategies: A Comprehensive Guide to Trading Strategies During Times of Global Economic Loss | The Top Tactics to Know for Beginner and Veteran Options Traders for Successful Gains

Author: by Nathan Real
112 pages

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Are you taking your first steps in Options Trading, and are you afraid of losing all your money? Have you tried to read something but didn’t understand anything? Perhaps you have come across books that, on the surface, were simple, but in reality, were INCOMPREHENSIBLE.

I’m going to reveal something helpful to you As the dust settles on uncertain economic times, knowing how to trade effectively, and through what economists are calling one of the largest economic shifts of all times. This shift requires a remodel of conventional thinking and trading methodologies.

But it is not only the economy that is shifting. With job losses and at-home work environments, people are beginning to understand the far-reaching implications that global events can have on their financial security. A new economic world demands a mind shift that capitalizes on current economic changes, while still incorporating age-old trading strategies that have stood the test of time.

Following his graduation with honors in economics, Nathan Real entered a career of full-time professional trading and coaching. Highly regarded as an expert in technical analysis, and an innovator in trading strategies, Nathan has developed some of the most effective trading strategies across the board.

6. Currency Trading For Dummies, 3rd Edition (For Dummies (Business & Personal Finance))

Author: by Kathleen Brooks
For Dummies
384 pages

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Your plain-English guide to currency trading Currency Trading For Dummies is a hands-on, user-friendly guide that explains how the foreign exchange (ForEx) market works and how you can become a part of it. Currency trading has many benefits, but it also has fast-changing financial-trading avenues.

ForEx markets are always moving. So how do you keep up? With this new edition of Currency Trading For Dummies, you’ll get the expert guidance you’ve come to know and expect from the trusted For Dummies brandnow updated with the latest information on the topic.

Inside, you’ll find an easy-to-follow introduction to the global/ForEx market that explains its size, scope, and players; a look at the major economic drivers that influence currency values; and the lowdown on how to interpret data and events like a pro.

Plus, you’ll discover different types of trading styles and make a concrete strategy and game plan before you act on anything. Covers currency trading conventions and tools Provides an insider’s look at key characteristics of successful currency traders Explains why it’s important to be organized and prepared Offers guidance on trading pitfalls to avoid and risk management rules to live by Whether you’re just getting started out in the foreign exchange market or an experienced trader looking to diversify your portfolio, Currency Trading For Dummies sets you up for trading success.

7. The Wyckoff Methodology in Depth (Trading and Investing Course: Advanced Technical Analysis)

Author: by Rubén Villahermosa
263 pages

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Black and white editionWhat is the Wyckoff Methodology? It is a Technical Analysis approach based on the study of supply and demand; that is, on the continuous interaction between buyers and sellers. The approach is simple: when well-informed traders want to buy or sell, they carry out processes that leave their traces on the chart through price and volume.

The Wyckoff Methodology tries to identify that professional intervention to try to elucidate who is most likely to be in control of the market and enable us to pose judicious scenarios of where the price is most likely to go.

Why should you study this methodology, and why this book? Unique theoretical conceptual frameworkThis is the cornerstone of the methodology, which makes it stand above any other form of technical analysis; and that is because it is the only one that informs us about what is really happening in the market in a logical manner.

This approach is based on a real underlying logic through its 3 fundamental laws:Law of Supply and Demand. It is the true engine of the market. You will learn to analyze the traces left by the interactions between the major traders.

8. Advanced Technical Analysis: A Guide to High Probability Trading by Aligning with Smart Money

Author: by Tradehouse Houston LLC
155 pages

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Amazon allows spam and inaccurate reviews so please read verified purchase reviews before making a decision*Jonathon, or simply Jon, has been trading various markets such as stocks, currencies, options, futures, and commodities since early 2014. His limited free time in the United States Navy (2014 – 2018) was spent studying charts and playing video games.

He shares his experience and opinions with other aspiring traders so they may find a better chance of success than relying on their own. You can find his Instagram profile @jonfibonacci.

9. Options Trading Crash Course: The #1 Beginner's Guide to Make Money with Trading Options in 7 Days or Less!

Author: by Frank Richmond
112 pages

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The ORIGINAL Options Trading Crash Course. 2021 EDITIONDo You Want to Know How to Trade Your Way to Success on the Options Market? For a beginner, the options market is incomprehensible. All that jargon, all those calculations – it’s a hard game to break into and even harder to get right from the start.

On the other hand, learning the ropes opens the door to an exciting new way to calculate risk, find the right investments and ultimately make your bank balance happy. This book is here to teach you how to understand the options market from scratch.

By the time you finish reading, you’ll know exactly how to navigate your choices – and how to make them with wisdom. Let’s Get Started With Options Trading! Options trading is all about understanding what lies beneath the market and this guide will walk you through that exciting process.

Give it ONE WEEK and you’ll TRIPLE your chances of making a profit on the options market. Give it a month and you’ll see you’re not just confident enough to make investments at will, you’re doing so in the right way to make a tidy deposit into your trading account.

10. Price Action Trading Secrets: Trading Strategies, Tools, and Techniques to Help You Become a Consistently Profitable Trader

Author: by Rayner Teo
March 19, 2021

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Discover proven trading strategies, tools, and techniques to help you become a consistently profitable trader. Price action trading is a method to read the secret language of the markets, so you can use it to better time your entries and exitswithout relying on indicators, news, or signal services.

And in Price Action Trading Secrets, you’ll discover the trading strategies, tools, and techniques to help you beat the markets. Here’s a glimpse of what you’ll learn:How to become a consistently profitable trader without relying on fundamentals news, trading indicators, or signal servicesThe ten natural laws of trading that nobody tells you (this is why 95% of traders lose consistently)The four types of market structure every professional trader must know.

Once you discover it, you’ll know exactly what tricks the market is up toand how you can exploit it to your advantageHow to tell when Support & Resistance is about to breakso you don’t get caught on the wrong side of the move (which means you’ll reduce your losses and retain more profits)The secret to reading candlestick patterns that nobody tells youso you can better time your entries & exitsand even predict market turning pointsMAEE Formula: A simple trading strategy to profit in bull & bear marketswithout indicatorsAn important signal the market gives out when it’s about to make a big move (95% of traders don’t know this)70+ charts and examples so you can easily understand the trading strategies and concepts (and quickly become a master price action trader)And much moreIt doesn’t matter if you know nothing about price action trading because this book is written in a layman, step-by-step manner.

11. VOLUME PROFILE: The insider's guide to trading

Author: by Trader Dale
195 pages

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This is a BLACK & WHITE paperback. If you want a color print, go here: move and manipulate the markets. That’s why you need to learn to think and trade like an institution. In this book you will learn:How to work with Price ActionPrice Action strategies that you can immediately put to useHow Volume Profile worksMy favorite Volume Profile strategiesHow to find your own trading style and what are the best trading instruments to tradeHow to manage trading around macroeconomic newsHow to do your market analysis from A to ZHow to manage your positionsHow to do a proper money managementHow to deal with trading psychologyHow to do a proper backtest and how to get started with trading your backtested strategiesWhat are the most common trading mistakes and how to avoid themThe exact ways and rules I apply to my own tradingYou will learn all this in a simple, poignant way along with many examples and pictures.

12. Understanding Price Action: practical analysis of the 5-minute time frame

Author: by Bob Volman
Light Tower Publishing
434 pages

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Understanding Price Action is a must read for both the aspiring and professional trader who seek to obtain a deeper understanding of what is commonly referred to as “trading from the naked chart”. With hundreds of examples commented on in great detail, Volman convincingly points out that only a handful of price action principles are responsible for the bulk of fluctuations in any market sessionand that it takes common sense, much more than mastery, to put these essentials to one’s benefit in the trading game.

The power of the book lies in the exceptional transparency with which the concepts and trading techniques are put forth. Besides offering the reader a comprehensive study on price action mechanics, included within is a series of six months of consecutive sessions of the eur/usd 5-minute.

Containing nearly 400 fully annotated charts, this section alone harbors a massive database of intraday analysis, not found in any other trading guide. Written with a razor-sharp eye for practical detail, yet in a highly absorbable manner, Understanding Price Action breathes quality from every page and is bound to become a classic in the library of any trader who is serious about his education.

13. The Art of Currency Trading: A Professional's Guide to the Foreign Exchange Market (Wiley Trading)

Author: by Brent Donnelly
416 pages

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Now you can master the art of foreign exchange tradingWhile most currency trading and foreign exchange books focus on international finance theory or simplistic chart-based strategies, The Art of Currency Trading is a comprehensive guide that will teach you how to profitably trade currencies in the real world.

Author Brent Donnelly has been a successful interbank FX trader for more than 20 years and in this book, he shares the specific strategies and tactics he has used to profit in the forex marketplace. The book helps investors understand and master foreign exchange trading in order to achieve sustainable long-term financial success.

The book builds in intensity and depth one topic at a time, starting with the basics and moving on to intermediate then advanced setups and strategies. Whether you are new to currency trading or have years of experience, The Art of Currency Trading provides the information you need to learn to trade like an expert.

This much-needed guide provides: an insider’s view of what drives currency price movements; a clear explanation of how to combine macro fundamentals, technical analysis, behavioral finance and diligent risk management to trade successfully; specific techniques and setups you can use to make money trading foreign exchange; and steps you can take to better understand yourself and improve your trading psychology and discipline.

14. ORDER FLOW: Trading Setups

Author: by Trader Dale
January 5, 2021

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Institutions move and manipulate the markets. Order Flow allows you to track the institutions and trade along with them! In this book you will learn: Choosing the right trading platform for Order Flow trading NinjaTrader 8 platform introduction Choosing the right Order Flow software Where to get data for Order Flow The best instruments to trade with Order Flow Order Flow what it tells us Order Flow special features How to set up Order Flow workspace Order Flow trading setups Order Flow confirmation setups How to use Order Flow to determine your Take Profit and Stop Loss How to use Order Flow for trade management How to find strong institutional Supports and Resistances using Volume Profile How to combine Order Flow with Volume Profile

15. Bitcoin and Cryptocurrency Technologies: A Comprehensive Introduction

Author: by Arvind Narayanan
Princeton University Press

336 pages

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An authoritative introduction to the exciting new technologies of digital moneyBitcoin and Cryptocurrency Technologies provides a comprehensive introduction to the revolutionary yet often misunderstood new technologies of digital currency. Whether you are a student, software developer, tech entrepreneur, or researcher in computer science, this authoritative and self-contained book tells you everything you need to know about the new global money for the Internet age.

How do Bitcoin and its block chain actually work? How secure are your bitcoins? How anonymous are their users? Can cryptocurrencies be regulated? These are some of the many questions this book answers. It begins by tracing the history and development of Bitcoin and cryptocurrencies, and then gives the conceptual and practical foundations you need to engineer secure software that interacts with the Bitcoin network as well as to integrate ideas from Bitcoin into your own projects.

Topics include decentralization, mining, the politics of Bitcoin, altcoins and the cryptocurrency ecosystem, the future of Bitcoin, and more. An essential introduction to the new technologies of digital currencyCovers the history and mechanics of Bitcoin and the block chain, security, decentralization, anonymity, politics and regulation, altcoins, and much moreFeatures an accompanying website that includes instructional videos for each chapter, homework problems, programming assignments, and lecture slidesAlso suitable for use with the authors’ Coursera online courseElectronic solutions manual (available only to professors)

16. The Rise of Carry: The Dangerous Consequences of Volatility Suppression and the New Financial Order of Decaying Growth and Recurring Crisis

Author: by Tim Lee
McGraw-Hill Education
240 pages

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Protect yourself from the next financial meltdown with this game-changing primer on financial markets, the economyand the meteoric rise of carry. The financial shelves are filled with books that explain how popular carry trading has become in recent years. But none has revealed just how significant a role it plays in the global economyuntil now.

A groundbreaking book sure to leave its mark in the canon of investing literature, The Rise of Carry explains how carry trading has virtually shaped the global economic pictureone of decaying economic growth, recurring crises, wealth disparity, and, in too many places, social and political upheaval.

The authors explain how carry trades workparticularly in the currency and stock marketsand provide a compelling case for how carry trades have come to dominate the entire global business cycle. They provide thorough analyses of critical but often overlooked topics and issues, including: The active role stock prices play in causing recessionsas opposed to the common belief that recessions cause price crashes The real driving force behind financial asset prices The ways that carry, volatility selling, leverage, liquidity, and profitability affect the business cycle How positive returns to carry over time are related to market volatilityand how central bank policies have supercharged these returns Simply put, carry trading is now the primary determinant of the global business cyclea pattern of long, steady but unspectacular expansions punctuated by catastrophic crises.