de | cn | ru

Brokers News

Currency Trading For Dummies by Forex.com

Jul 19 2011
By
Forexbrokerz.com
Written by FOREX.com Chief Currency Strategist Brian Dolan, Educates Readers on World of Foreign Exchange Trading
 
Struggling to keep up with the fast-moving forex market? For traders at all levels of experience,Currency Trading For Dummies®, 2nd Edition(published by John Wiley & Sons), delivers the essentials of this rapidly growing market in easy-to-understand language.
 
The book is written by Brian Dolan, chief currency strategist for FOREX.com, a division of GAIN Capital Holdings, Inc. (NYSE:GCAP), a global provider of online trading services.
 
Newcomers to the market will learn the mechanics of forex trading, including types of orders, profit and loss calculations and quoting conventions; which fundamental factors drive forex rates and which economic data reports are most significant; how to apply basic technical analysis strategies to identify trading opportunities; and the principles of a risk-aware trading plan designed to protect profits and minimize losses.
 
More experienced traders will learn how currencies intersect with other financial markets including stock, bonds, gold and oil, to identify more trading opportunities; the trading dynamics of individual currency pairs and learn why trading USD/JPY is not the same as EUR/USD; and become more skilled at identifying significant market reversals using Candlestick charting patterns and momentum analysis.
Currency Trading For Dummies, 2nd Edition, contains significant content changes and additions from the first edition originally published in 2007. New sections discuss the impact and aftermath of the Great Financial Crisis of 2008-2009, unconventional monetary policy measures, financial stability and the role of 'risk sentiment' in forex markets. Mr. Dolan also expands his review of the trading behavior of key currency pairs with new sections on the Scandinavian currencies (SEK, NOK and DKK) as well as a look at the rise of algorithmic trading in the forex market. The chapter on technical analysis includes a new discussion on Ichimoku analysis, commonly referred to as 'cloud charts.'
 
Currency Trading For Dummies is available at Amazon.com and other booksellers;
 
About the Author:
 
Brian Dolan has worked for more than 20 years in the forex market as a currency trader and analyst. As the chief currency strategist at FOREX.com, Mr. Dolan oversees fundamental and technical analysis and is a frequent resource for the financial media on currency developments.
 
About GAIN Capital
 
GAIN Capital Holdings, Inc. (NYSE:GCAP) is a global provider of online trading services. GAIN's innovative trading technology provides market access and highly automated trade execution services across multiple asset classes, including foreign exchange (forex or FX), contracts for difference (CFDs) and exchange-based products, to a diverse client base of retail and institutional investors.
A pioneer in online forex trading, GAIN Capital operates FOREX.com®, one of the largest and best-known brands in the retail forex industry. GAIN's other businesses include GAIN GTX, a fully independent FX ECN for hedge funds and institutions, and GAIN Securities, Inc. (member FINRA/SIPC) a licensed U.S. broker-dealer.
 
GAIN Capital and its affiliates have offices in New York City; Bedminster, New Jersey; London; Sydney; Hong Kong; Tokyo; Singapore; and Seoul.
 
SOURCE GAIN Capital Holdings, Inc.
TAGS: forex  currency trading  forex education  forex for dummies  forex.com 

More news about Forex.com

Forex
Broker Country Regulation Platform Min Deposit Review
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Cyprus, SVG CySEC MT5, Web,
cTrader
$100 Review Website
Australia, Cyprus ASIC, CySEC MT4, MT5, Iress $100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
UK FCA MT5 $5 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website
Australia, UK ASIC, FCA MT4, MT5,
cTrader
$200 Review Website

More Forex Brokers News

#FBS2020: FBS Gives Away Lucky Gift Boxes In A New Year Promo

Dec 09 2019 14:36:59

As many companies out there, FBS broker finishes off its year with a New Year promotion for its clients. At the end of 2019, they are offered to create a fancy Thank You e-card for their loved ones and get a gift box full of nice surprises. Read more

Trip For Pip: FBS To Launch A Quest Game For A Trip To London, Tokyo, Or Dubai

Oct 29 2019 14:09:54

FBS broker starts its new marketing campaign, and it has already attracted many eyeballs on social media. The promotion is called “Trip for Pip,” and it is very engaging for several reasons:    a) it’s playable;  b) it features a dream trip for two as the main prize. Read more

HYCM tops the list of brokers with highest percentage of winning clients

Oct 23 2019 12:12:59

The importance of choosing a reliable broker is paramount to trading. Most traders have given a serious thought to the security of their investments and these concerns are increasingly common in this highly competitive market. Read more

FXCM expands its crypto offering with CryptoMajor baskets

Oct 14 2019 14:49:01

  Major forex broker FXCM Group enhances its CFD offering with the launch of CryptoMajor- cryptocurrency baskets, which will allow its clients to trade in to multiple digital assets in one go. Read more

FXTM Launches 30% Welcome Bonus

Aug 06 2019 13:38:53

  As part of FXTM’s mission to provide clients with an exceptional trading experience, the international broker has launched its latest offering – the 30% Welcome Bonus!   This promotion, available under Exinity Limited, boosts your account by an extra 30% when you deposit $100... Read more

XM parent actively prepares for the launch of its US brand Trading.com

Jul 03 2019 14:19:28

  Trading Point Group, the owner and operator of the XM brand, actively prepares for the future launch of its US brand Trading.com. Read more

FBS Invites 20 Best Partners To a VIP Party

Jul 02 2019 15:04:24

Partner parties is a great way to get to know company’s local promoters and celebrate loyalty, motivation, and cooperation. In 2019, FBS broker launches the FBS Stars contest with a round trip flight to Russia’s second largest city and a VIP party invitation as a prize. Read more

Vantage Prime will no longer service non-Australian clients

May 20 2019 13:36:39

  Vantage Prime, which is a part of the Vantage FX group, announced it will no longer service non-Australian clients, online media Finance Magnates reported today. The broker’s decision is taken due to regulatory concerns. Read more

Dukascopy warns it has no cooperation with shady broker GCG Asia

May 16 2019 13:29:47

  Swiss forex brokerage and bank Dukascopy has repeatedly warned investors that it is has no cooperation Guardian Capital Asia (GCG Asia) and that the latter is likely involved in a fraudulent scheme. Read more

$75 mln forex Ponzi scam revealed in the US

May 03 2019 16:46:08

The Commodity Futures Trading Commission (CFTC) in the US has filed charges against Florida based Oasis International Group, Oasis Management and Satellite Holdings along with their owners for running a 75 million USD Ponzi scheme, concealed as forex investment program. Read more

de | cn | ru