Forex Made Easy : 6 Ways to Trade the Dollar

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More About This Book

Overview

The first plain-English introduction to foreign currency exchange trading—one of today's hottest profit opportunities

The foreign currency market is the largest financial market in the world, and foreign exchange trading is quickly becoming one of today's most high-profile, potentially lucrative markets. One problem is that books on the topic are complex, technically dense, and difficult for Forex novices to grasp.

FOREX Made Easy is the first book to approach the topic in a detailed yet accessible style, gradually and deliberately moving from simple to complex in easy and natural language. Author James Dicks—founder of the popular trading software 4X Made Easy—draws upon his trading knowledge to give readers only the information they need, from setting up a workstation to trading electronically.

This Forex guidebook provides traders with:

  • An easy-to-follow, six-step process for FOREX trading
  • Methods for gaining an advantage using technical analysis
  • Dozens of examples to illustrate key points

Editorial Reviews

Soundview Executive Book Summaries
The foreign currency market, or FOREX, has become a major player in today's financial markets. In FOREX Made Easy, international currency trading and investing expert James Dicks provides investors with the tools and techniques they need to profit from FOREX trading. According to Dicks, recent rule changes have opened the foreign currency market to independent investors, who can now start with investments as low as $300. Dicks offers a basic six-step process to help investors minimize risk exposure. Copyright © 2004 Soundview Executive Book Summaries

Product Details

  • ISBN-13: 9780071438940
  • Publisher: McGraw-Hill Companies, The
  • Publication date: 3/15/2004
  • Edition number: 1
  • Pages: 256
  • Sales rank: 798,272
  • Product dimensions: 6.40 (w) x 9.30 (h) x 0.87 (d)

Meet the Author

James Dicks is president and CEO of PremiereTrade. One of today's leading authorities on trading the foreign currency exchange market as an innovative means of diversification, Dicks speaks to more than 60,000 traders each year through his popular training sessions. He lives in Orlando, Florida.

Table of Contents

1 What is the FOREX? 1
2 More FOREX 15
3 Forecasting the market 29
4 Currency options 35
5 Creating a workstation for trading 43
6 Fundamentals of trading 51
7 Economic fundamentals 73
8 Introduction to technical analysis 81
9 Advanced trading charts and indicators 103
10 Fibonacci numerical sequences and Elliot waves 125
11 Money management principles 139
12 Six steps to success 149
13 Getting started with a trading station 155
14 Corporations in the FOREX 179
15 The business of trading 185
Customer Reviews
Average Rating 3
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  • Anonymous

    Posted October 26, 2006

    good starting point

    has a good section on patterns or indicators to look for. This was my first forex book and I would recommend it. the software they advertise is decent but i would not trade live with it as it locks up on occassion.

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  • Anonymous

    Posted April 29, 2006

    Total Junk...Don't Buy It

    I made the mistake of buying this door stop. It's nothing more but a promotional piece to get you to his website and sell you software and broker services. The 'information' he gives can be found on any forex website.

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  • Anonymous

    Posted February 23, 2006

    Great book for novice that's it

    The forex made easy is a good book for a novice who has no idea about what forex is and does not have a clue of how to get started, but for anyone who has a clue of what forex is and is looking for strategies/setups to trade the forex for profit this book would be a waste of time. P.S. This is a book I recommend to individuals who want to know what forex is about without going on the internet.

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  • Anonymous

    Posted November 18, 2005

    Not worth the hype

    I purchased this book after reading the reviews on this website along with some others expecting to gain the knowledge in the Forex area that I would need in order to feel comfortable trading currencies. I was disappointed when I started reading and all it did was cover the fundamentals of the Forex market and its history. I was also disappointed to feel that the sole purpose of this book was a promotional tool in order to get his readers to open an account with his online trading platform (in which the demo account is free for 30 days and then they close and make you open a real account). I would not say that the whole book was bad because he does give some insight into some trends on candlestick charts but not the technical analysis you would need behind the chart movements to feel comfortable in trading currencies. Also, there was a small section about opening up a trading business that was informative for tax purposes but this book was not what I was looking for. I would have enjoyed it much more if he had showed some of the trends and shared the methods he uses in order to make sure a trade he is placing is secure.

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  • Anonymous

    Posted April 7, 2004

    Excellent Guide to trading the Forex

    I have just finished reading the book from cover to cover. I have traded stocks and futures and I wanted to diversify with currencies. I bought the book and started reading it on a plane ride. It was excellent. There was the compulsary basics and definitions, but then the book went into advanced details on trading strategies, real world applications and honest how to instructions. I was impressed and have decided to start trading. It was also interesting that 3 people stopped me on the plane to ask about the book. I have a positive first impression of the Forex Market and have opened a demo account to practice paper trades as the book suggested.

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  • Anonymous

    Posted March 2, 2009

    No text was provided for this review.

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