It is a good book for Forex traders:
"Adventures of a Currency Trader: A Fable about Trading, Courage, and Doing the Right Thing (Hardcover)"
by Rob Booker
Patience is something I learnt only after losing my money. In my early days of trading forex, I was misled into believing that it was possible for me to earn while I was learning.
Hedging can be accomplished by purchasing or booking different types of contracts that are designed to achieve specific goals. These goals are based on the level of risk the customer is exposed to and seeking protection from and allow the individual to lock in future rates without affecting, to...
The USDPKR spot exchange rate appreciated 2.5000 or 2.45 percent during the last 30 days. From 1988 until 2013, the USDPKR averaged 60.2000 reaching an all time high of 104.8700 in September of 2013 and a record low of 18.6000 in December of 1988.
The key principle of my Price Action Strategy is to keep things simple. I am against over complicating trading. In my opinion, the simpler your method is, the more effective you will be.
I think you can find a lot of good and reliable reading material about Forex on babypips.com. It is a school for Forex trader and you can find it very helpful to learn Forex.
Many people think that Forex is just a job not a proper business but i think Forex is a good business and we can earn good money from it. Are you agree with me?
thanks in advance.