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

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

by Kel Butcher

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Overview

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.

Product Details

ISBN-13: 9780730375241
Publisher: Wiley
Publication date: 10/04/2011
Pages: 248
Product dimensions: 5.40(w) x 8.10(h) x 0.70(d)

About the Author

Kel Butcher is a financial markets trader with almost 20 years' experience trading shares, futures, options, warrants and CFDs. He is the director of KD Trading Systems, specialising in providing futures and forex trading systems that work and deliver positive returns to traders. Kel is the author of A Step-by-Step Guide to Buying and Selling Shares Online and 20 Most Common Trading Mistakes and How You Can Avoid Them.

Table of Contents

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

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