17 Proven Currency Trading Strategies, + Website : How to Profit in the Forex Market

Description

A comprehensive guide to Forex trading for individual investors Countless money-making opportunities abound in the Foreign Exchange (Forex) market every day, but how does an amateur investor take advantage of these opportunities to earn high returns? This book by CNBC-featured Forex Expert Mario Singh provides a comprehensive solution to this question. Following the first section that explains in plain English-what is Forex trading, how money is made in the Forex ""game, "" the six major players involved, and the importance of knowing one's Trader Profile-the second section focuses on.  Read more... Abstract: A comprehensive guide to Forex trading for individual investors Countless money-making opportunities abound in the Foreign Exchange (Forex) market every day, but how does an amateur investor take advantage of these opportunities to earn high returns? This book by CNBC-featured Forex Expert Mario Singh provides a comprehensive solution to this question. Following the first section that explains in plain English-what is Forex trading, how money is made in the Forex ""game, "" the six major players involved, and the importance of knowing one's Trader Profile-the second section focuses on Content: 17 Proven Currency Trading Strategies: How to Profit in the Forex Market -- Copyright -- Contents -- Preface -- How It All Began -- My First Trade -- There Are No Successful Businesses -- Wish That You Were Better -- Audience -- Overview of the Contents -- Part One: Forex Is a Game -- Part Two: Strategies to Win the Game -- Acknowledgments -- Part One: Forex Is a Game -- Chapter 1: How to Play the Game -- The Forex Game -- Forex and the Seven Majors -- Reading a Forex Quote -- The Yen Factor -- Pip -- Leverage -- Risk of Excessive Leverage -- Summary. Chapter 2: How Money Is Made in the Game -- Buy Low, Sell High -- Buy -- Sell -- Three Points in Every Trade -- Long Position -- Short Position -- Bid/Ask Spread -- What Causes the Price of Currencies to Fluctuate? -- Economic Factors -- Political Factors -- Natural Disasters -- Speculation -- Fraction Theory -- Reading the Charts -- Line Chart -- Bar Chart -- Candlestick Chart -- Market Structure -- Trend -- Range -- Breakout -- Summary -- Chapter 3: The Six Major Players -- Central Banks -- Regulate Interest Rates-Up -- Regulate Interest Rates-Down -- Central Bank Intervention. Regulate Reserve Requirement Ratio -- Increasing the RRR -- Decreasing the RRR -- Commercial and Investment Banks -- Facilitate Transactions for Clients -- Run a Proprietary Trading Desk -- The Volcker Rule -- Multinational Corporations -- Hedging Example for Exporters -- Hedging Example for Importers -- Institutional Traders -- Retail Forex Brokers -- Retail Traders -- Summary -- Chapter 4: Why You Must Play the Game -- Top 17 Reasons to Trade Forex -- 1. Global 24-Hour Market -- 2. World's Most Liquid Market -- 3. Limited Slippage -- 4. Go Short Anytime -- 5. No Restrictions -- 6. High Leverage. 7. Low Cost -- 8. Absolute Convenience -- 9. Practice Accounts -- 10. Market Transparency -- 11. No One Can Corner the Market -- 12. Tools and Resources -- 13. No Middlemen -- 14. Low Start-up Cost -- 15. Global Finance Decoded -- 16. Recession-Proof Income -- 17. All for One, and One Forex -- Summary -- Chapter 5: Play It Your Way: Understanding Your Profile -- The Experiment -- Sports Illustrated -- Five Categories of Forex Traders -- Scalpers -- Day Traders -- Swing Traders -- Position Traders -- Mechanical Traders -- Your Perfect Strategy -- Summary -- Part Two: Strategies to Win the Game. Chapter 6: Strategies for Scalpers -- Strategy 1: Rapid-Fire Strategy -- Time Frame -- Indicators -- Currency Pairs -- Strategy Concept -- Long Trade Setup -- Short Trade Setup -- Strategy Roundup -- Strategy 2: Piranha Strategy -- Time Frame -- Indicators -- Currency Pairs -- Strategy Concept -- Long Trade Setup -- Short Trade Setup -- Strategy Roundup -- Chapter 7: Strategies for Day Traders -- Strategy 3: Fade the Break -- Time Frame -- Indicators -- Currency Pairs -- Strategy Concept -- Long Trade Setup -- Short Trade Setup -- Strategy Roundup -- Strategy 4: Trade the Break -- Time Frame.