Getting Started in Currency Trading - Winning in Today's Forex Market

The Ed Ponsi Forex Playbook offers a visual approach to learning specific trading strategies and identifying profitable trading opportunities in the Forex arena. Page by page, it skillfully describes strategies for long-term trading, swing trading, and day trading in a clear, easy-to-understand manner.

Written by the author of the hugely successful Forex Patterns and Probabilities, The Ed Ponsi Forex Playbook takes the entire concept of Forex education to a new level. The author raises the bar with this ambitious work, presenting fresh new strategies and concepts. Ponsi uses clever analogies and comparisons to make his explanations crystal clear.

• With Ponsi as your "coach", the book employs sports analogies to show you, his players, the way to victory on the Forex playing field
• Strips away the mystery, showing exactly how successful Forex traders make money
• Explains complex financial concepts in ways that the average person can understand
• Provides not only useful information, but actionable information to the Forex trader

The foreign exchange market, or forex, was once dominated by global banks, hedge funds, and multinational corporations, but that has all changed with Internet technology and the advent of online forex brokers. Now, hundreds of thousands of traders and investors around the world can participate in this profitable field.

Written by forex expert Kathy Lien, The Little Book of Currency Trading will show you how to effectively invest and trade in today's biggest market. Page by page, she describes the multitude of opportunities possible in the forex market, from short-term price swings to long-term trends, and details practical products that can help you achieve success, such as currency-based ETFs.

• Explains the forces that drive currencies and provides strategies to profit from them
• Reveals how you can use various currencies to reduce risk and take advantage of global trends
• Examines financial vehicles that can help you make money without having to monitor the market every day

A practical guide to trading around the commitments of career and family

Making Money in Forex will help aspiring traders successfully enter this field while maintaining a job. With this book, author Ryan O'Keefe explains his own personal journey to becoming a trader and shows you how to follow a similar path.

O'Keefe describes his approach to trading and reveals his bargain hunting trading style, which is designed to capitalize on market trends. Throughout the book, O'Keefe pays a great deal of attention to trading psychology, learning to read price instead of indicators, and emphasizes that aspiring traders must find a strategy they are comfortable with and can implement with confidence.

• Addresses how you can successfully trade around the demands of your job and personal life
• Reveals the author's "bargain hunting" style which can be used to reduce risk and maximize profit
• Discusses how common trade management techniques may impact overall performance
• Provides insights into structuring trading to minimize stress

Why, then, is The Decline and Fall of the Roman Empire timeless? The author wasnt a post-modernist man trapped in an Enlightenment body; Gibbon had no conception of social history or archeology, his 18th century idea that climate affects morality is long out of date, and his analyses of the Middle East are hampered by his reliance on second-hand sources. But in 200 years no one has seriously challenged the framework Gibbon used to explain the fall of the empire. In fact, contemporary histories of Rome still owe a great deal to him.

Why? One reason is his careful use of documents. Decline and Fall relies mostly on writers like Ammianus and Sidonius, who tried to be impartial. Another is Gibbons almost superhuman objectivity; while individual characters are berated for this and that, the author is usually sympathetic to human foibles, and always tells his tales with as much complexity as the sources will allow. Which is one reason the works alleged hostility to Christianity is overstated; Gibbon said the religion played a role (not the role) in the fall of Rome, and even praises the new faith for breaking the violence of the fall, and mollify(ing) the ferocious temper of the conquerors. Theres one stumble, and thats the section on the various heresies and religious controversies of the 300s. Duty required Gibbon to analyze the niggling and sometimes incomprehensible arguments over Christs nature (and he confessed he didnt understand the passions behind them), but the historian gets bogged down in theological jargon and never makes it clear what role those heresies played in the fall until the end of Volume III. By then youve forgotten the details.

Thats a small scratch in the masterpiece. In two centuries no one has challenged his famous conclusion: The story of its ruin is simple and obvious; and instead of inquiring why the Roman empire was destroyed, we should rather be surprised that it had subsisted so long. Today we have more details, but the trajectory Gibbon plotted has never been recalculated.

Decline and Fall is also a great read, and one of the best narratives in the English language. War, idealism, corruption, droll asides and the clash of civilizations fly along a brisk stream of prose. Its a big book, but the work moves faster than books a tenth its size.