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Best Forex books for Beginners
In order to grasp all the relevant aspects of currency trading, a trader should read books that can expand his horizons. Good Forex books are priceless and it is important to find those that will help you form your successful professional background.
We have prepared this article to provide you with the best Forex books for starters in pdf.
Trading For A Living
The first book from our list is called “Trading For A Living”. Written by famous psychiatrist dr. Alexander Elder, this book can deliver truly eye-opening effect on the reader. It explains main factors that constitute successful trading.
Technical Analysis from A to Z
Technical analysis is an integral part of Forex trading. This book presents an extreme value for all traders regardless of their experience.
The Interpretation of Financial Statements
Next book to mention in this article is “The Interpretation of Financial Statements”, published in 1937. This masterpiece was written by Benjamin Graham, undoubtedly the most eminent investor of the 20th century.
25 Rules of Forex Trading Discipline
Now we would like to introduce the short but very useful book written by Douglas E. Zalesky, CEO at eLocal and a professional trader. The author has collected all the imperative rules which the trader has to follow if he aims to succeed in trading currencies.
Trade Your Way to Financial Freedom
Trade Your Way to Financial Freedom is one of our personal favorite trading books. From this book we've learned a lot about position sizing and trading system development. It's definitely a must-read book for almost every financial trader.
Trading in the Zone
Trading in the Zone is a trading book dedicated to the psychological training of a trader. According to its author, Mark Douglas, the trader's mindset should be significantly different from a common real-life mindset.
Trading with DiNapli Levels
Trading with DiNapli Levels is a trading book by Joe DiNapoli that describes a certain complex technical indicator that he has invented and that is usually called DiNapoli levels. The whole indicator is based on the Fibonacci levels and is in some way just a method of application of the Fibonacci levels to the particular market conditions.
Forex Patterns and Probabilities
Forex Patterns and Probabilities explains the trading strategies for trending and range-bound markets, one of which Forex is, according to the author of this Forex book, Ed Ponsi. The book starts of with the basic explanations of what the Forex market is, its unique features and its similarities with the other financial markets.
This book is based on a series of seminars delivered over a period of many years to people working on the global financial markets. The material has expanded and evolved over that time.
Financial Markets and Corporate Strategy
Practical Insights is a unique feature of this text (found at the end of each part) that contains guidelines to help you identify the important issues faced by financial managers.
The Global Money Markets
The money market is traditionally defined as the market for financial assets that have original maturities of one year or less. In essence, it is the market for short-term debt instruments. Financial assets traded on this market include such instruments as asset-backed securities and mortgage-backed securities.
Candlesticks For Support And Resistance
Even as you read this, the candlestick charting technique, with its origins in Japan, is being absorbed into the ways of Western technical analysis. Here's how candlestick charting can be used for a typically Western technical analysis strategy.
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