As technology and communication have advanced to unscaled heights and no boundaries are existing between countries, foreign exchange has become an inseparable part of the economy today. We provide a heads up to the top best forex trading books.
Searching online for quality forex books is painful and frustrating. Try searching for 'forex trading' on Amazon and you'll find the listings full of duplicate listings for trading logs (blank books) and ebooks thrown together by uncredentialled authors who haven't undergone the scrutiny which would be applied by a traditional publisher. Here are some forex book, where you can learn more about forex trading.
1. Currency Trading For Dummies
by Kathleen Brooks
If you are a newbie in this field, the first thing you should do is learn about the foreign exchange (forex) market and how it works. Don’t get attracted only by the glamorous lifestyles of people who have succeeded in it. It’s a fast-changing financial trading avenue, and it’s always wise to know about the downside of it. The market is enormous and continuously expanding. This book will explain the size, opportunities, and current players in the market.
2. Day Trading and Swing Trading the Currency Markets
Do you want to discover some profit-making technical and fundamental forex trading strategies? Day Trading and Swing Trading the Currency Markets by Kathy Lien is the book that suits your ambitions. Kathy Lien is a director of Currency Research of top Forex providers all across the globe. The author’s aim is to share tried and tested strategies with readers so they can be successful. The book also covers important topics like Intermarket relationships, central bank interventions, volatility, and much more.
3. FOREX TRADING: The Basics Explained in Simple Terms
It is of great use for those who have started trading Foreign exchange and require appropriate guidance, given the abundance of information on the internet. It is a good book for gaining understanding from the very basic. The author has also mentioned one of his Trading systems and the indicators without any further costs associated.
4. Currency Forecasting: A Guide to Fundamental and Technical Models of Exchange Rate Determination
Written by Michael Rosenberg
A currency’s exchange rate doesn’t just determine the asset’s price within the forex market, it determines the currency’s value across the globe. These rates fluctuate based on a variety of factors, including economic growth, political climate, geopolitical risk, and more.
5. A Three Dimensional Approach to Forex Trading
Book by Anna Couling.
This book is a must read for any new or aspiring trader. It explains how and why currency markets move in the way they do, and aims to predict where the market is going next using the power of relational, fundamental and technical analysis. Looking at things from these three different angles will give you an entirely different perspective of the Forex market, telling you everything you need to know and giving you the techniques and knowledge so that you can fully understand the inner workings of Forex trading.