FX Trading: A Guide to Trading Foreign Exchange

Your total plain-English guide to trading Forex

Open 24 hours a day, 5½ 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 platforms

Alex Douglas drew his fi rst currency chart by hand in 1983. Th is opened the door to a career in the fi nancial markets that has included being an FX voice broker, a trader on the fl oor of the Sydney Futures Exchange and a director of global FX and derivative trading fi rms. He has been a director and president of several technical analyst associations around the world and has established a solid media reputation for his lucid comments on markets. Alex is currently the managing director of IBFX Australia.
Views and opinions expressed in this book are not necessarily those of IBFX. Visit Alex’s website and follow him on Twitter: @AlexDouglasFX

Larry Lovrencic GDipAppFin (FINSIA), Dip TA (ATAA), CFTe, SF Fin has extensive experience trading fi nancial markets and teaching technical analysis.
He is Vice President of Australian Professional Technical Analysts (APTA), a member of the Market Technicians Association (MTA), a Senior Fellow of the Financial Services Institute of Australasia (FINSIA) and was a Director of the International Federation of Technical Analysts (IFTA) and the Australian Technical Analysts Association (ATAA).
Larry is Executive Director of First Pacific Securities and IchimokuCharts.com, which provide research and educational services.
He is co-author of Charting for Dummies and FX Trading: An Australian Guide to Trading Foreign Exchange.

Peter Pontikis is a capital markets and private wealth management specialist for high net and ultra net worth families. He has more than 30 years of institutional and corporate experience in Australia and South-East Asia. Peter is past director and treasurer of the International Federation of Technical Analysts (IFTA) and Australian Technical Analysts Association (ATAA). He is an accredited dealer with AFMA, and is a Fellow of CPA Australia as well as a Senior Fellow of FINSIA, and sits on their financial markets and national advisory councils. Peter has several degrees in finance and economics as well as a master of arts.