Foreign Exchange And Forex Trading (english) By Ankit Gala, Jitendra Gala

Forex Trading or Currency Trading or FX Trading is trading of one currency for another. Foreign exchange market was once dominated by global banks, hedge funds, and multinational corporations, but all that changed with Internet technology and advent of online forex brokers. Today, hundreds of thousands of traders and investors around the world participate in forex trading. This book will teach the readers about how foreign exchange market works and will explain them the forces that drive currencies and provides strategies to make money trading in currency derivatives. Forex Trading is a highly leveraged trade hence it is important that you learn risk management technique so that you can manage your risk. Book explains various important currency markets terms like Spot, Forward, Swaps, Currency Pairs, Bid, Ask and Spread, Pips, Currency Quotes, Cross Exchange Rate, Types of Orders, etc. Book explains various Fundamental Factors which affect currency prices like GNP, GDP, Trade Balance, Government & Investment Spending, Interest Rates, Inflation, Industrial Production, Unemployment Rate, etc. Book explains various technical analysis concepts, tools, chart patterns and indicators which you can use in forex trading to make good profit. Book explains forex trading strategies you can use for speculation, hegding and arbitraging in order to make money in any kind of market.