The Forex Trading Course

The Trading Forex Course

The Forex Trading Course is the systematic guide aspiring traders need to enter the market with the confidence and skills necessary to generate wealth. Masterfully written so both basic and complex concepts are readily accessible, this all-inclusive training tool outlines a practical course of action to develop strategies integrating fundamental and technical analysis.

Forex Trading Course also demonstrates how to identify high-probability patterns and trades, adjust your trading plan for different account sizes, use emotional intelligence to improve trading performance, and much more. This second edition is fully revised to address:

•  Changes brought about by quantitative easing and central bank intervention–including greater spikes and disruptions in the forex and the influence of global growth and inflation on the market
•  Using binary options with forex trades to make accurate predictions on direction, targets, and stops
• The latest insights and trends in cryptocurrencies such as Bitcoin Complete with practice assignments to reinforce the material and a supplemental website to enhance your knowledge, The Forex Trading Course, Second Edition unlocks your optimal potential for profitable currency trading.

Forex Trading Course

Preface vii About the Author ix

PART 1 What Drives the Forex Market?

1 CHAPTER

1 The Fundamentals of Forex

3 CHAPTER

2 The Role of Inflation, Reflation, and Deflation

17 CHAPTER

3 Exploiting Information about Economic Growth

23 CHAPTER

4 The China Factor

35 CHAPTER

5 The Commodities Connection: Gold, Copper, Commodity Index, Equities, and Forex

43 CHAPTER

6 How Business Confidence and Consumer Sentiment Affect the Market

51 CHAPTER

7 Fundamental Personalities of Currencies

53 CHAPTER

8 The Personality and Performance of the US Dollar

71 CHAPTER

9 Conducting Your Own Fundamental Analysis

77 PART II

Timing the Trade with Technical Analysis

85 CHAPTER

10 Mapping Price Action

87 CHAPTER

11 Finding Significant Support and Resistance

97 CHAPTER

12 Volatility in Forex and Its Dimensions

113 CHAPTER

13 Chart Formations and Price Patterns You Should Know

139 CHAPTER

14 Trading Styles and Strategies

149 CHAPTER

15 Stops, Limits, and Tactics for Risk Control

167 PART III Putting It Together

177 CHAPTER

16 Transitioning to Real Trading

179 CHAPTER

17 Strategies and Challenges for Different Account Sizes

183 CHAPTER

18 Paths to Success in Forex Trading

199 CHAPTER

19 Test Your Forex IQ

207 CHAPTER

20 Trading Bitcoin 213 Index 225