Download PDF Currency Trading For Dummies, by Brian Dolan
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Currency Trading For Dummies, by Brian Dolan
Download PDF Currency Trading For Dummies, by Brian Dolan
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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, Brian oversees fundamental and technical analysis and is a frequent resource for the financial media on currency developments.
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Product details
Paperback: 360 pages
Publisher: For Dummies; 2 edition (July 5, 2011)
Language: English
ISBN-10: 1118018516
ISBN-13: 978-1118018514
Product Dimensions:
7.4 x 0.8 x 9.2 inches
Shipping Weight: 1.4 pounds
Average Customer Review:
4.2 out of 5 stars
80 customer reviews
Amazon Best Sellers Rank:
#300,683 in Books (See Top 100 in Books)
If you are looking to get into trading and have no idea where to begin, this book is a pretty solid pick.What I like most about it is the author's capacity to reduce the complexity and entirety of Currency-trading into short easy to read bits of texts.Of-course this book does not cover everything on trading, but it touches on the main principle ideas behind currency trading that every trader should know in order to increase their chances into making winning trades.
This is a solid review of the 'nuts & bolts' of 'retail' forex trading-- peaks and troughs in liquidity, world-wide trading hours, technical analysis, the use of various types of 'orders,' and-- most critically-- what it means to buy or sell a currency pair. The order of the ratio-- say, EUR/USD-- is key to understanding the latter.In part two, the authors get bogged down in a 100+ page discussion of 'fundamentals' of currency trading-- economic events, broadly defined, that can affect currency pairs. *Way* too much information here! The authors would have been more helpful if they had just provided a comprehensive list of economic 'events' and 'announcements,' the approximate release dates, and a brief discussion of how the 'event' or 'announcement' *usually* moves a currency pair. That probably would have covered about twenty pages, instead of 100+.All in all, an excellent primer on currency trading.
The first edition of "Currency Trading for Dummies' was published in 2007 and with the intervening four years, a roller coaster ride for investors, this new second edition can not come at a more convenient time. The 2007 version had two authors, Brian Dolan and Mark Galant, now Dolan remains as the sole author. The book retains its basic structure and accessible format; instructive, approachable, easy to read with a thorough index keyed to what the reader might be looking for. Some subsections have been pushed forward into other chapters and, more importantly, data on currency is updated and some explanations and examples have been brought current in referring to the events of 2008 - 2010. This is a fine and important addition to any investor's library written by experienced knowledgeable traders.
I never got bad info from the DUMMIES...added to my library!
Book is a good foundation for currency trading. It has a wide breadth and fairly sufficient depth for anyone to get started. It is presented in an organised and easily digest able manner. However kindle version can be improved with higher resolution diagrams. They are not readable.
Very good overview. You won't become a trader but you'll be reminded of everything you need to keep track of.
I originally checked this book out, from the Library...in fact...I checked it out several times. Since the Library requests, that you return their books, I finally decided I needed this one, on my own personal Forex Training/Educational shelf.Even though it is written, by a GAIN Capital Strategist, the information is presented in an unbiased and completely educational mode.I would highly recommend this book, to anyone planning to learn how to trade in the Forex Market.
I know how to trade currencies. good instruction. Have a plan now.
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