FX Trading

FX Trading

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Your total plain-English guide to trading Forex Open 24 hours a day, 51a„2 days per week, and trading nearly $4 trillion (US) per day, Forex is the biggest, fastest growing financial market in the world. Your complete A-to-Z guide, FX Trading gets you up to speed on everything you need to know to make a killing trading Forex. Starting with the basics of money management, analysis, and FX market trading mechanics, it swiftly advances into more advanced territory, discussing trading strategies and wealth management. From quotations, pips and spreads to the pros and cons of using online brokers and websites to FX risk management, FX Trading is an indispensable tool of the trade for beginners and experienced Forex traders alike. Helps you to see past the media hype, while alerting you to common Forex trading mistakes and pitfalls and how to avoid them Filled with invaluable expert insights and proven strategies, backed by numerous examples, charts and checklists Updated to reflect the enormous growth in Forex trading and the new players involved, as well as the many changes wrought by the global financial crisis and the rapid evolution of electronic trading platformsThe standard time input into the RSI is 14 periods, but it is quite often used with an input of seven time periods and in some trading methods two or three. ... An interesting way to adjust RSI levels is to apply Bollinger Bands to the indicator to normalise these levels for volatility. ... Figure 8.16: five-minute chart of the AUD/ USD with a five c08.indd 143 11/8/2011 7:41:35AM Technical analysis for traders .


Title:FX Trading
Author: Alex Douglas, Larry Lovrencic, Peter Pontikis
Publisher:John Wiley & Sons - 2011-11-29
ISBN-13:

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