17 Proven Currency Trading Strategies: How to Profit in the Forex Market, + Website

17 Proven Currency Trading Strategies: How to Profit in the Forex Market, + Website

Released February 2013
Publisher(s): Wiley
ISBN: 9781118385517

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Book description

A comprehensive guide to Forex trading for individual investors

Countless money-making opportunities abound in the Foreign Exchange (Forex) market every day, but how does an amateur investor take advantage of these opportunities to earn high returns? This book by CNBC-featured Forex Expert Mario Singh provides a comprehensive solution to this question.

Following the first section that explains in plain English—what is Forex trading, how money is made in the Forex "game," the six major players involved, and the importance of knowing one's Trader Profile—the second section focuses on specific and practical guidance which includes:

  • A "Trader Profile Test" to help the reader get a clear picture of his natural trading style and which of five trading profiles he belongs to (Scalper, Day Trader, Swing Trader, Position Trader or Mechanical Trader)

  • 17 proven trading strategies (between 2 to 5 strategies for each trader profile) for the reader to immediately start cashing in on the Forex market

  • Descriptions of an array of real-world trading scenarios, with tips on how to address them

  • A section that shows the reader how to custom-tailor a trading system designed for his sensibilities and risk tolerance

  • Forex hedging strategies for finance professionals at multinational corporations

Short on theory and long on practical insights and step-by-step guidance, 17 Proven Currency Trading Strategies—How To Profit in the Forex Market will help anyone—from beginners to professionals, and everyone in between—to master the Forex market and be consistently profitable.

Table of contents

  1. Cover
  2. Contents
  3. Title
  4. Copyright
  5. Dedication
  6. Preface
  7. Acknowledgments
  8. Part One: Forex Is a Game
    1. Chapter 1: How to Play the Game
      1. The Forex Game
      2. Forex and the Seven Majors
      3. Leverage
      4. Summary
    2. Chapter 2: How Money Is Made in the Game
      1. Buy Low, Sell High
      2. Three Points in Every Trade
      3. Bid/Ask Spread
      4. What Causes the Price of Currencies to Fluctuate?
      5. Fraction Theory
      6. Reading the Charts
      7. Market Structure
      8. Summary
    3. Chapter 3: The Six Major Players
      1. Central Banks
      2. Commercial and Investment Banks
      3. Multinational Corporations
      4. Institutional Traders
      5. Retail Forex Brokers
      6. Retail Traders
      7. Summary
    4. Chapter 4: Why You Must Play the Game
      1. Top 17 Reasons to Trade Forex
      2. Summary
    5. Chapter 5: Play It Your Way: Understanding Your Profile
      1. The Experiment
      2. Five Categories of Forex Traders
      3. Your Perfect Strategy
      4. Summary
  9. Part Two: Strategies to Win the Game
    1. FXPRIMUS 100% Bonus Trading Credit
    2. Chapter 6: Strategies for Scalpers
      1. Strategy 1: Rapid-Fire Strategy
      2. Strategy 2: Piranha Strategy
    3. Chapter 7: Strategies for Day Traders
      1. Strategy 3: Fade the Break
      2. Strategy 4: Trade the Break
      3. Trading the News
      4. Strategy 5: Gawk the Talk
      5. Strategy 6: Balk the Talk
    4. Chapter 8: Strategies for Swing Traders
      1. Strategy 7: Trend Rider
      2. Strategy 8: Trend Bouncer
      3. Strategy 9: Fifth Element
      4. Strategy 10: Power Ranger
      5. Strategy 11: The Pendulum
    5. Chapter 9: Strategies for Position Traders
      1. Strategy 12: Swap and Fly
      2. Strategy 13: Commodity Correlation (Part 1)
      3. Strategy 13: Commodity Correlation (Part 2)
      4. Strategy 14: Siamese Twins
    6. Chapter 10: Strategies for Mechanical Traders
      1. Strategy 15: Guppy Burst
      2. Strategy 16: English Breakfast Tea
      3. Strategy 17: Good Morning Asia
    7. Chapter 11: Conclusion
  10. Bibliography
  11. About the Author
  12. About the Website
    1. FXPRIMUS 100% Bonus Trading Credit
  13. Index

Product information

  • Title: 17 Proven Currency Trading Strategies: How to Profit in the Forex Market, + Website
  • Author(s):
  • Release date: February 2013
  • Publisher(s): Wiley
  • ISBN: 9781118385517