{"product_id":"getting-started-in-currency-trading-companion-website-isbn-9781118251652","title":"Getting Started in Currency Trading, + Companion Website","description":"\u003cb\u003eThe definitive introduction to FOREX trading\u003c\/b\u003e  \u003cp\u003e\u003ci\u003eGetting Started in Currency Trading, Fourth Edition\u003c\/i\u003e is both an introduction and a reference manual for beginning and intermediate traders. Starting with a description of the Foreign Exchange (FOREX) market and a brief history, the book includes an invaluable section made up of relevant FOREX terms clearly defined using examples. The FOREX market has grown substantially and evolved dramatically in recent years, and this new edition is designed to help the reader to adapt and take advantage of these changes.\u003c\/p\u003e \u003cp\u003eIncluding coverage of how to open a trading account, a step-by-step walk through the physical processes of placing and liquidating currency orders, and information on trading strategy and tactics complete with fundamental and technical analysis, the book has everything needed to assist the trader in the decision making process.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eNew edition is revised and expanded to take into account all of the recent changes in the currency market\u003c\/li\u003e \u003cli\u003eNow includes a step-by-step introduction for the new trader and additional material on regulation\u003c\/li\u003e \u003cli\u003eFOREX arithmetic calculations are presented in a clear, easy to understand way\u003c\/li\u003e \u003cli\u003eRecommendations, guidelines, and caveats appear throughout the book\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThis new edition of \u003ci\u003eGetting Started in Currency Trading\u003c\/i\u003e contains significant new information, including a chapter on computers and FOREX, managed FOREX, and new information about regulation, alongside the author's successful trading plan, designed to help the reader put it all together.\u003c\/p\u003e \u003cp\u003eAcknowledgments xix\u003c\/p\u003e \u003cp\u003eIntroduction\u003c\/p\u003e \u003cp\u003eAbout This Book xxi\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 1 The Foreign Exchange Markets\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 The World of FOREX 3\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction—What is FOREX? 3\u003c\/p\u003e \u003cp\u003eWhat is a Spot Market? 4\u003c\/p\u003e \u003cp\u003eWhich Currencies Are Traded? 4\u003c\/p\u003e \u003cp\u003eWho Trades on the Foreign Exchange? 5\u003c\/p\u003e \u003cp\u003eHow Are Currency Prices Determined? 6\u003c\/p\u003e \u003cp\u003eWhen Do Currencies Trade? 8\u003c\/p\u003e \u003cp\u003eHow is Money Made in FOREX? 8\u003c\/p\u003e \u003cp\u003eWhy Trade Foreign Currencies? 9\u003c\/p\u003e \u003cp\u003eWhat Tools Do I Need to Trade Currencies? 13\u003c\/p\u003e \u003cp\u003eWhat Does It Cost to Trade Currencies? 13\u003c\/p\u003e \u003cp\u003eFOREX versus Equities 14\u003c\/p\u003e \u003cp\u003eFOREX versus Futures 14\u003c\/p\u003e \u003cp\u003eSummary 15\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 A Brief History of Currency Trading 17\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 17\u003c\/p\u003e \u003cp\u003eAncient Times 17\u003c\/p\u003e \u003cp\u003eThe Gold Standard, 1816 to 1933 18\u003c\/p\u003e \u003cp\u003eThe Federal Reserve 18\u003c\/p\u003e \u003cp\u003eSecurities and Exchange Commission, 1933 to 1934 20\u003c\/p\u003e \u003cp\u003eThe Bretton Woods System, 1944 to 1973 21\u003c\/p\u003e \u003cp\u003eThe End of Bretton Woods and the Advent of Floating Exchange Rates 21\u003c\/p\u003e \u003cp\u003eInternational Monetary Market 22\u003c\/p\u003e \u003cp\u003eInto the Millennium 22\u003c\/p\u003e \u003cp\u003eArrival of the Euro 23\u003c\/p\u003e \u003cp\u003eThe CFTC and the NFA 25\u003c\/p\u003e \u003cp\u003eSummary 25\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Five FOREX Markets 27\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction—Spot, Futures, Forwards, Options, Spread Betting 27\u003c\/p\u003e \u003cp\u003eCurrency Futures 29\u003c\/p\u003e \u003cp\u003eContract Specifications 29\u003c\/p\u003e \u003cp\u003eCurrencies Trading Volume 30\u003c\/p\u003e \u003cp\u003eU.S. Dollar Index 30\u003c\/p\u003e \u003cp\u003eVolume and Open Interest 31\u003c\/p\u003e \u003cp\u003eWhere to Trade Currency Futures 33\u003c\/p\u003e \u003cp\u003eFOREX Futures 33\u003c\/p\u003e \u003cp\u003eSummary 33\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 Regulation: Past, Present, and Future 35\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 35\u003c\/p\u003e \u003cp\u003eRegulation in the FOREX Market 35\u003c\/p\u003e \u003cp\u003eRegulation Past 36\u003c\/p\u003e \u003cp\u003eRegulation Present 39\u003c\/p\u003e \u003cp\u003eRegulation Future 43\u003c\/p\u003e \u003cp\u003eSummary 44\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 2 Getting Started\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 The Language of FOREX 47\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 47\u003c\/p\u003e \u003cp\u003eCurrency Pairs 47\u003c\/p\u003e \u003cp\u003eMajor and Minor Currencies 48\u003c\/p\u003e \u003cp\u003eCross Currency 48\u003c\/p\u003e \u003cp\u003eExotic Currency 48\u003c\/p\u003e \u003cp\u003eBase Currency 48\u003c\/p\u003e \u003cp\u003eQuote Currency 49\u003c\/p\u003e \u003cp\u003ePips 49\u003c\/p\u003e \u003cp\u003eTicks 49\u003c\/p\u003e \u003cp\u003eMargin 50\u003c\/p\u003e \u003cp\u003eLeverage 51\u003c\/p\u003e \u003cp\u003eBid Price 52\u003c\/p\u003e \u003cp\u003eAsk Price 52\u003c\/p\u003e \u003cp\u003eBid-Ask Spread 52\u003c\/p\u003e \u003cp\u003eQuote Convention 52\u003c\/p\u003e \u003cp\u003eMarket Maker and ECN 53\u003c\/p\u003e \u003cp\u003eTransaction Cost 53\u003c\/p\u003e \u003cp\u003eRollovers 54\u003c\/p\u003e \u003cp\u003eCorrelation 54\u003c\/p\u003e \u003cp\u003eSummary 55\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 FOREX by the Numbers 57\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 57\u003c\/p\u003e \u003cp\u003ePips 58\u003c\/p\u003e \u003cp\u003eProfit and Loss 59\u003c\/p\u003e \u003cp\u003eMargin 60\u003c\/p\u003e \u003cp\u003eLeverage 62\u003c\/p\u003e \u003cp\u003eThe Bid-Ask Spread 62\u003c\/p\u003e \u003cp\u003eProfit Threshold 63\u003c\/p\u003e \u003cp\u003eFor Futures Traders 66\u003c\/p\u003e \u003cp\u003eSummary 66\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 A Guide to FOREX Trading Platforms 69\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 69\u003c\/p\u003e \u003cp\u003eTrading Platform Features 71\u003c\/p\u003e \u003cp\u003eMore Trading Platforms 79\u003c\/p\u003e \u003cp\u003eProfessional FX Platforms 80\u003c\/p\u003e \u003cp\u003eTrading Platform Checklist 81\u003c\/p\u003e \u003cp\u003eA Kid in the Candy Store 82\u003c\/p\u003e \u003cp\u003eSummary 82\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Selecting a FOREX Broker 83\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 83\u003c\/p\u003e \u003cp\u003eBroker-Dealer Due Diligence 84\u003c\/p\u003e \u003cp\u003eDemo Accounts 85\u003c\/p\u003e \u003cp\u003eMarket Maker or ECN? 86\u003c\/p\u003e \u003cp\u003eCosts 87\u003c\/p\u003e \u003cp\u003eLiquidity Providers 89\u003c\/p\u003e \u003cp\u003eCustomer Service 90\u003c\/p\u003e \u003cp\u003eTrading Pair Palette 91\u003c\/p\u003e \u003cp\u003eFinancial Stability 91\u003c\/p\u003e \u003cp\u003eComplaint and Error Resolution 92\u003c\/p\u003e \u003cp\u003eAccount Options 92\u003c\/p\u003e \u003cp\u003eGames Brokers Play 93\u003c\/p\u003e \u003cp\u003eTop Broker-Dealers 93\u003c\/p\u003e \u003cp\u003ePopular Broker-Dealers 99\u003c\/p\u003e \u003cp\u003eThe Big Four Broker-Dealers 100\u003c\/p\u003e \u003cp\u003eFor the Professional and Non-U.S. Trader 101\u003c\/p\u003e \u003cp\u003eSpread Betting 102\u003c\/p\u003e \u003cp\u003eFraud, Scams, and Off-Exchange 103\u003c\/p\u003e \u003cp\u003eBroker-Dealer Checklist 103\u003c\/p\u003e \u003cp\u003eSummary 103\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 How to Open a FOREX Account 105\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 105\u003c\/p\u003e \u003cp\u003eThe Demo Account 106\u003c\/p\u003e \u003cp\u003eThe Live Account 107\u003c\/p\u003e \u003cp\u003eRedundancy 111\u003c\/p\u003e \u003cp\u003eSummary 113\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 Making the Trade 115\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 115\u003c\/p\u003e \u003cp\u003eOrders 115\u003c\/p\u003e \u003cp\u003eMarket Orders 117\u003c\/p\u003e \u003cp\u003eLimit Orders 118\u003c\/p\u003e \u003cp\u003eStop Orders 118\u003c\/p\u003e \u003cp\u003eCombination Orders 121\u003c\/p\u003e \u003cp\u003eSpecialty Orders 121\u003c\/p\u003e \u003cp\u003eOrder Placement 121\u003c\/p\u003e \u003cp\u003eOrder Execution 122\u003c\/p\u003e \u003cp\u003eOrder Confirmation 123\u003c\/p\u003e \u003cp\u003eOpen Orders 123\u003c\/p\u003e \u003cp\u003eOpen a Demo Account 124\u003c\/p\u003e \u003cp\u003eSummary 125\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 3 The Trader’s Arsenal\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11 The FOREX Marketplace 129\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 129\u003c\/p\u003e \u003cp\u003ePortals and Forums 130\u003c\/p\u003e \u003cp\u003eBroker-Dealer Reviews 133\u003c\/p\u003e \u003cp\u003eEducational Resources 133\u003c\/p\u003e \u003cp\u003eNews and Calendars 135\u003c\/p\u003e \u003cp\u003eManagement Tools 136\u003c\/p\u003e \u003cp\u003eSystem Development Tools 137\u003c\/p\u003e \u003cp\u003eData Services 140\u003c\/p\u003e \u003cp\u003eProgramming Services 142\u003c\/p\u003e \u003cp\u003eAdvisory Services 142\u003c\/p\u003e \u003cp\u003eReferences, Periodicals, and Books 143\u003c\/p\u003e \u003cp\u003eFun Stuff 145\u003c\/p\u003e \u003cp\u003eSummary 146\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12 Technical Analysis 147\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 147\u003c\/p\u003e \u003cp\u003eBar Charts 148\u003c\/p\u003e \u003cp\u003eTrendlines 151\u003c\/p\u003e \u003cp\u003eSupport and Resistance 151\u003c\/p\u003e \u003cp\u003eRecognizing Chart Patterns 152\u003c\/p\u003e \u003cp\u003eReversal Patterns 152\u003c\/p\u003e \u003cp\u003eContinuation Patterns 153\u003c\/p\u003e \u003cp\u003eCandlestick Charts 155\u003c\/p\u003e \u003cp\u003ePoint and Figure Charts 157\u003c\/p\u003e \u003cp\u003eCharting Caveat—Prediction versus Description 160\u003c\/p\u003e \u003cp\u003eIndicators and Oscillators 161\u003c\/p\u003e \u003cp\u003eRelative Strength Indicator 161\u003c\/p\u003e \u003cp\u003eMomentum Analysis 163\u003c\/p\u003e \u003cp\u003eMoving Averages 164\u003c\/p\u003e \u003cp\u003eBollinger Bands 165\u003c\/p\u003e \u003cp\u003eIndicator Caveat—Curve-Fit Data 167\u003c\/p\u003e \u003cp\u003eWave and Swing Analysis 169\u003c\/p\u003e \u003cp\u003eCycle Analysis 170\u003c\/p\u003e \u003cp\u003eTrading Systems 171\u003c\/p\u003e \u003cp\u003eThe Technician’s Creed 171\u003c\/p\u003e \u003cp\u003eThe Technician’s Caveat 171\u003c\/p\u003e \u003cp\u003eSummary 172\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13 News Trading 173\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 173\u003c\/p\u003e \u003cp\u003eFundamental Analysis 174\u003c\/p\u003e \u003cp\u003eFundamental Problems 174\u003c\/p\u003e \u003cp\u003eFundamental Factors 175\u003c\/p\u003e \u003cp\u003eA Fundamental Discussion 181\u003c\/p\u003e \u003cp\u003eFOREX News 186\u003c\/p\u003e \u003cp\u003eKey News Releases 186\u003c\/p\u003e \u003cp\u003eReality versus Expectation 187\u003c\/p\u003e \u003cp\u003eNews Trading 187\u003c\/p\u003e \u003cp\u003eShockwave Analysis 189\u003c\/p\u003e \u003cp\u003eStrategy and Tactics of News Trading 189\u003c\/p\u003e \u003cp\u003eSummary 191\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 4 Winning is the Name of the Game\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 14 Trading Spaces 195\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 195\u003c\/p\u003e \u003cp\u003eCharts, Bars, and Trading Spaces 196\u003c\/p\u003e \u003cp\u003eTrading Profiles 199\u003c\/p\u003e \u003cp\u003eSelecting a Trading Profile 201\u003c\/p\u003e \u003cp\u003eThe Market as a Process 202\u003c\/p\u003e \u003cp\u003eSummary 203\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 15 Setting Up Shop 205\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 205\u003c\/p\u003e \u003cp\u003eThe Plan Components 206\u003c\/p\u003e \u003cp\u003eThe Trading Platform Plan 207\u003c\/p\u003e \u003cp\u003ePre-Trade Plan 209\u003c\/p\u003e \u003cp\u003eTrading Session Plan 212\u003c\/p\u003e \u003cp\u003ePulling the Trigger 213\u003c\/p\u003e \u003cp\u003ePost-Trade Plan 214\u003c\/p\u003e \u003cp\u003eSummary 216\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 16 A Simple System 217\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 217\u003c\/p\u003e \u003cp\u003eGeneral Principles 218\u003c\/p\u003e \u003cp\u003eA KIS Toolbox 219\u003c\/p\u003e \u003cp\u003eA Simple System 220\u003c\/p\u003e \u003cp\u003eNot So Simple 227\u003c\/p\u003e \u003cp\u003ePairs to Trade 228\u003c\/p\u003e \u003cp\u003eSummary 228\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 5 The Goodman Method of Trading\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 17 Goodman Wave Theory 231\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 231\u003c\/p\u003e \u003cp\u003eThe Basic Market Paradigm 232\u003c\/p\u003e \u003cp\u003eGoodman Wave Theory 234\u003c\/p\u003e \u003cp\u003eThe Basic Goodman Setup 243\u003c\/p\u003e \u003cp\u003eSummary 244\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 18 The Propagation Trade Setup 245\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 245\u003c\/p\u003e \u003cp\u003eThe PTS 245\u003c\/p\u003e \u003cp\u003eSummary 251\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 19 The Dagger, the Waltz, and the Line 253\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 253\u003c\/p\u003e \u003cp\u003eThe Belgian Dentist 254\u003c\/p\u003e \u003cp\u003eEnter the Dagger 254\u003c\/p\u003e \u003cp\u003eWaltzing the Trade 257\u003c\/p\u003e \u003cp\u003eThe Line! The Line! 264\u003c\/p\u003e \u003cp\u003eSummary 267\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 20 The Proactive Trader 269\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 269\u003c\/p\u003e \u003cp\u003eLaydowns 270\u003c\/p\u003e \u003cp\u003eBathtub Analysis 271\u003c\/p\u003e \u003cp\u003eThe Propagation Lens 272\u003c\/p\u003e \u003cp\u003eLooking Inward and Outward 273\u003c\/p\u003e \u003cp\u003eMultiple 3-C Counts 276\u003c\/p\u003e \u003cp\u003eStations 276\u003c\/p\u003e \u003cp\u003eGhost Trading 277\u003c\/p\u003e \u003cp\u003eSitting On Your Hands 278\u003c\/p\u003e \u003cp\u003eSummary 279\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 21 The 30-Trade Campaign Program 281\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 281\u003c\/p\u003e \u003cp\u003eCapital Allocation 282\u003c\/p\u003e \u003cp\u003eThe Tracks of Your Trades 286\u003c\/p\u003e \u003cp\u003ePre-Trade Checklist 286\u003c\/p\u003e \u003cp\u003eDiagnostics 288\u003c\/p\u003e \u003cp\u003eCharacteristics of Successful Traders 291\u003c\/p\u003e \u003cp\u003eSummary 293\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 22 Goodmanisms 295\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGoodmanisms 295\u003c\/p\u003e \u003cp\u003eSummary 298\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 6 Over the FOREX Rainbow\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 23 Tools for Traders 301\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 301\u003c\/p\u003e \u003cp\u003eTechniques 302\u003c\/p\u003e \u003cp\u003eTime Studies 315\u003c\/p\u003e \u003cp\u003eFear and Greed, Greed and Fear 317\u003c\/p\u003e \u003cp\u003eSummary 318\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 24 Options and Exotics 321\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 321\u003c\/p\u003e \u003cp\u003eOptions 322\u003c\/p\u003e \u003cp\u003eA Primer on Options 322\u003c\/p\u003e \u003cp\u003eBasic Options Terms 323\u003c\/p\u003e \u003cp\u003eOptions: Pros and Cons 324\u003c\/p\u003e \u003cp\u003eThe Four Basic Options Strategies 325\u003c\/p\u003e \u003cp\u003ePurchase or Write Options? 325\u003c\/p\u003e \u003cp\u003eAdvanced Options Strategies 326\u003c\/p\u003e \u003cp\u003eThe Greeks 326\u003c\/p\u003e \u003cp\u003eThe Retail FOREX Options Landscape 327\u003c\/p\u003e \u003cp\u003eOptions or Spot FOREX? 328\u003c\/p\u003e \u003cp\u003eRisk Management with Options 328\u003c\/p\u003e \u003cp\u003eExotics 330\u003c\/p\u003e \u003cp\u003eTrading Exotics 332\u003c\/p\u003e \u003cp\u003eSummary 332\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 25 Managed FOREX 335\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 335\u003c\/p\u003e \u003cp\u003eWhy Managed FOREX? 336\u003c\/p\u003e \u003cp\u003ePros and Cons 336\u003c\/p\u003e \u003cp\u003eTypes of Managers 337\u003c\/p\u003e \u003cp\u003eTypes of Managed Accounts 338\u003c\/p\u003e \u003cp\u003eTrading Methods 340\u003c\/p\u003e \u003cp\u003ePerformance Analysis 342\u003c\/p\u003e \u003cp\u003eTwo Methods of Performance Analysis 345\u003c\/p\u003e \u003cp\u003eThe Due Diligence Process 346\u003c\/p\u003e \u003cp\u003eCosts and Fees 350\u003c\/p\u003e \u003cp\u003eSpotlight on Managers 352\u003c\/p\u003e \u003cp\u003eResearch and Resources 354\u003c\/p\u003e \u003cp\u003eSummary 355\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 26 Computer Trading 357\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction 357\u003c\/p\u003e \u003cp\u003eTechnical Analysis 357\u003c\/p\u003e \u003cp\u003eExpert Advisors 358\u003c\/p\u003e \u003cp\u003eAutomated Trading, Agents, and BOTS 359\u003c\/p\u003e \u003cp\u003eGet on My Cloud 359\u003c\/p\u003e \u003cp\u003eHigh-Frequency and Ultra-High-Frequency Trading 360\u003c\/p\u003e \u003cp\u003eInto the Future of FOREX 362\u003c\/p\u003e \u003cp\u003eThe Trend Machine 363\u003c\/p\u003e \u003cp\u003eGrid and Pac Man Programs 364\u003c\/p\u003e \u003cp\u003eArbitrage 365\u003c\/p\u003e \u003cp\u003ePros and Cons of Arbitrage 370\u003c\/p\u003e \u003cp\u003eSummary 371\u003c\/p\u003e \u003cp\u003eAppendix A: List of World Currencies and Symbols 373\u003c\/p\u003e \u003cp\u003eAppendix B: Time Zones and Global FX Trading Hours 379\u003c\/p\u003e \u003cp\u003eAppendix C: Central Banks and Regulatory Agencies 381\u003c\/p\u003e \u003cp\u003eAppendix D: Resources 385\u003c\/p\u003e \u003cp\u003eGlossary 389\u003c\/p\u003e \u003cp\u003eAbout the Author 403\u003c\/p\u003e \u003cp\u003eIndex 405\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eMICHAEL DUANE ARCHER\u003c\/b\u003e has been an active futures and FOREX trader for over thirty-five years. He has worked in various advisory capacities, notably as a commodity trading advisor, registered SEC investment advisor, and branch manager for Heinold of Hawaii. Archer currently trades and is involved in several technical analysis research projects. He hosts the FOREX website www.goodmanworks.com.   \u003c\/p\u003e\u003cp\u003eTHE ESSENTIAL GUIDE TO CURRENCY TRADING, FULLY REVISED AND UPDATED \u003cb\u003eGETTING STARTED IN CURRENCY TRADING\u003c\/b\u003e FOURTH EDITION \u003c\/p\u003e\u003cp\u003e\"Knowledge is a prerequisite for success in any endeavor, particularly currency trading. Michael Archer's excellent book conveys the author's long experience and expertise. It will save the aspiring currency trader years of trial and error.\" \u003cb\u003e—Peter Panholzer, Managing Partner, DynexCorp Ltd.\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\"\u003ci\u003eGetting Started in Currency Trading\u003c\/i\u003e??provides both new and experienced traders alike with the knowledge required to successfully navigate in the complex world of foreign exchange trading. Michael Archer shares the little-known trading methodology, the 'Goodman Method of Trading,' elements of which I employ every day. As preparation for joining the growing ranks of FOREX traders, this book will first become a comprehensive text for study and later a valuable resource to keep nearby as an often used desk reference guide.\" \u003cb\u003e—Ron Rossway, President, Denver Trading Group\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\"As a student and friend of Michael Duane Archer, I strongly recommend??\u003ci\u003eGetting Started in Currency Trading, Fourth Edition\u003c\/i\u003e to any serious trader who wants an in-depth knowledge of FOREX and wants to have success trading in the FOREX markets today.\" \u003cb\u003e—Theunis Hattingh, FOREX and options trader\u003c\/b\u003e  \u003c\/p\u003e\u003cp\u003eTrading international currencies on the foreign exchange (FOREX) markets is one of the hottest topics in investing today, but the potentially enormous returns are tempered by substantial risks for those who don't know what they're doing. \u003ci\u003eGetting Started in Currency Trading, Fourth Edition\u003c\/i\u003e is here to help, carefully explaining everything you need to understand in order to trade currencies safely and profitably. Packed with information on the latest developments in the field and providing access to additional resources online, this is the only book you need to start currency trading right away.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989288927461,"sku":"NP9781118251652","price":22.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781118251652.jpg?v=1761783532","url":"https:\/\/k12savings.com\/products\/getting-started-in-currency-trading-companion-website-isbn-9781118251652","provider":"K12savings","version":"1.0","type":"link"}