Preface

Since my first introduction to the foreign exchange market in 1983, there have been many, many changes. For a start, we no longer have to plot price movements on hand-drawn charts! The exponential and ongoing advances in technology have completely transformed the trading landscape. Even in the six years since the first edition of this book was written, in 2005, a new generation of trading platforms has evolved, offering faster and more advanced trade execution with improved functionality and ease of use.

The environment in which we trade has also undergone enormous change. Many countries around the world have either introduced or tightened regulations relating to retail foreign exchange trading. This has dramatically improved the integrity ...

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