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Forex Made Simple: A Beginner's Guide to Foreign Exchange Success

Forex Made Simple: A Beginner's Guide to Foreign Exchange Success

Kel Butcher

ISBN: 978-0-730-37526-5

Feb 2011, Wrightbooks

224 pages

$21.99

Description

Forex Made Simple is the essential guide for anyone who wants to make money trading foreign exchange, without all the fuss

You don't need to be a financial wizard or spend all day glued to a computer screen to trade forex profitably. Including the information you need to know (and nothing more), this book provides straightforward strategies anyone can use--no expensive broker required!

Inside you'll find information on:

  • currencies and economies
  • types of forex markets
  • retail forex dealers and market makers
  • placing trades
  • economic indicators and events that affect exchange rates
  • money and risk management

If you're ready to take the plunge into the forex market and maximize your success without all the stress, this is the book for you.

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About the author v

Acknowledgements vii

Preface ix

1 History of foreign exchange 1

2 Major currencies, economies and central banks 19

3 The foreign exchange markets and major participants 53

4 Retail forex dealers and market makers 75

5 The mechanics of trading forex 95

6 How to place a forex trade 121

7 Currency futures 133

8 Macro economics and how it affects forex 159

9 Money management for forex 193

Glossary 215

Index 231