Profiting With Forex: The  Most Effective Tools and Techniques for Trading Currencies
[Back Cover Copy]Finance and InvestingAcquire the Tools, Techniques, and Strategies Needed to  Successfully Trade Currencies in the Lucrative Forex MarketProfiting with Forexis today's most comprehensive guide to the enormous potential of Forex, the world's largest market. This expertly written resource explains how the global foreign exchange market works&#8230;which investing tools, techniques, and strategies have been used with great success in this market&#8230;and how you can generate profits in Forex, whether the other markets are up or down.From the basic characteristics of the Forex market&#8230;to the full range of sophisticated investing methods, Profiting with Forex provides practical tips and guidelines for trading in this fast-paced world. This expert reference describes how businesses use Forex and shows how that experience can benefit both individual and institutional investors.Profiting with Forexfeatures:A concise discussion of the mechanics and key issues in the global foreign    exchange marketVital information on the advantages of the Forex market, such as ease of    entry, profit potential, and 24-hour tradingAnalyses of the factors that shape Forex_from inflation and the stock    market to oil prices and breaking newsDescriptions of the major tools for tracking Forex changes, including    interest rates, S&P; 500, and balance of tradeAn array of proven strategies for profitably trading ForexGuidance on making Forex trading an integral part of your overall    portfolioWritten in clear, down-to-earth language, Profiting with Forex will equip you with the investment skills needed to reap huge rewards in the almost unlimited foreign exchange market.[Flap Copy]Profiting with Forexintroduces investors to all the advantages of the global foreign exchange market and shows them how to capitalize on it. Readers will learn why Forex is the perfect supplement to stock and bond investing &#8230;why it is unrivaled in terms of protection, profit potential, and ease of use&#8230;and how it can generate profits, whether the other markets are up or down.Written by two leading Forex experts, this complete investing resource uses basic economic principles, solid technical analysis, and lots of common sense to develop an arsenal of tools and techniques that will lead to winning results in the lucrative foreign exchange marketplace. Profiting with Forex includes everything that investors need to know about:The many advantages of the Forex market_huge market size, ease of    entry, profit potential, tax incentives, 24-hour trading, no commissions,    increased leverage, and guaranteed stopsThe basic terms of Forex trading_definitions of important concepts,    including &#8220;pip,&#8221; &#8220;currency pair,&#8221; &#8220;contract&#8221; or &#8220;lot,&#8221; and moreGenesis and growth of the Forex market_how the Forex market    emerged out of a changing global financial landscape and continues to    change and adapt within that same volatile landscapeFundamental factors that shape the Forex market_the U.S.    government, inflation, the U.S. stock market, China and other emerging    markets, oil, and breaking newsFundamental tools for tracking Forex market changes_interest    rates, Treasury International Capital Data, Consumer Price Index,    S&P; 500, U.S. dollar vs. Chinese yuan, balance of trade, crude oil futures,    and news mediaTechnical analysis tools and indicators for gauging market sentiment_    such as moving averages, oscillating indicators such as, stochastics,     Commodity Channel Index, Relative Strength Index and Fibonacci analysisFilled with over 150 illustrations and figures,Profiting with Forexalso shows investors how to combine their newly acquired knowledge of Forex fundamentals with proven trading techniques that can generate great rewards in the market.About the AuthorsJohn Jagerson, CTA, is Vice President of Content for INVESTools, the leader in the investor education industry. Mr. Jagerson writes weekly columns for INVESTools on active trading in Forex, equities, options, and futures, which he also actively trades.S. Wade Hansen, CTA,is also a managing principal at Ouroboros Capital Management, LLC-where he created the firm's proprietary trading system. His articles have appeared in Technical Analysis of Stocks & Commodities, BusinessWeek's Investor Education program, and CNBC's Investor Education program.