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

Front Cover
John Wiley & Sons, Dec 31, 2012 - Business & Economics - 272 pages
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 specific and practical guidance which includes:

  • A "Trader Profile Test" to help the reader get a clear picture of his natural trading style and which of five trading profiles he belongs to (Scalper, Day Trader, Swing Trader, Position Trader or Mechanical Trader)
  • 17 proven trading strategies (between 2 to 5 strategies for each trader profile) for the reader to immediately start cashing in on the Forex market
  • Descriptions of an array of real-world trading scenarios, with tips on how to address them
  • A section that shows the reader how to custom-tailor a trading system designed for his sensibilities and risk tolerance
  • Forex hedging strategies for finance professionals at multinational corporations

Short on theory and long on practical insights and step-by-step guidance, 17 Proven Currency Trading Strategies—How To Profit in the Forex Market will help anyone—from beginners to professionals, and everyone in between—to master the Forex market and be consistently profitable.

 

Contents

What Causesthe Fraction Theory Price of Currencies to Fluctuate?
2-16
The SixMajor Players Central Banks
2-44
WhyYou Must Play the Game
2-53
Play It YourWay Understanding Your Profile
2-71
Strategies to Win the Game
2-79
StrategiesforDay Traders
7
Strategies for Swing Traders
8-3
Strategies for Position Traders
9-1
Commodity Correlation Part
9-9
Strategies forMechanical Traders Strategy 15Guppy Burst Strategy 16 English Breakfast
9-41
Conclusion
9-48
About the Website
9-54
Copyright

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About the author (2012)

Mario Singh is founder and CEO of FX1 Academy, the first and largest Forex education company in Singapore and Malaysia. He has personally touched the lives of over 20,000 people, helping them move closer to their financial goals through Forex trading. Mario Singh is also the director of training and education of FXPRIMUS, Asia's fastest growing Forex broker. He is featured regularly in Smart Investor and Your Trading Edge, and has appeared on CNBC, Channel NewsAsia, "Personal Money," News Radio, City News, The Straits Times, FXstreet, and Your Choice. He also writes a weekly Forex column for a Singaporean national newspaper, My Paper.

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