As a consequence, the quotes on the Tokyo Stock Exchange collapsed, a Yen devaluation took place, thereafter, a new wave of bankruptcies among manufacturing companies began. The above started an Asian crisis in the years that led a Yen crash. The global economic crisis touched almost all fields of human activities. Forex currency market was no exception. Though, Forex participants central banks, commercial banks, investment banks, brokers and dealers, pension funds, insurance companies and transnational companies were in a difficult position, the Forex market continues to function successfully, it is a stable and profitable as never before.
The financial crisis of has led to drastic changes in the world's currencies values. During the crisis, the Yen strengthened most of all against all other currencies. Neither the US dollar, nor the euro, but the Yen proved to be the most reliable currency instrument for traders.
The power to conquer the markets
One of the reasons for such strengthening can be attributed to the fact that traders needed to find a sanctuary amid a monetary chaos. Note: All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results. This post is for educational purposes and should not be considered as investment advice. Sidebar: you are invited to visit our car insurance information section featuring a list of articles that may save you hundreds of dollars on your motor vehicles quotes.
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Add to Wishlist. Forex Tutorials — Forex Trading Simulator is the premier app for learning the basic of the foreign exchange forex currency markets. Beginners and those early in their trading careers might benefit greatly from the information the app offers. The Forex Tutorials platform does not require registration. All functionality, including demo account trading, interactive charts, and other content like educational and training materials, are instantly available once the app is installed.
Give it a try now! Download the app and get started with a real trading platform in no time at all. The simulator allows you to access a complete history of all of your trades and other operations. It's written in very understandable way that makes people not familiar with any financial markets to understand it easily.
Forex Trading for Dummies Free Book PDF
If you are being interested in trading on FOREX, this book is definitely a great position to start with. The book alone will rather not prepare you well for trading, but will give you solid basic understanding of FOREX, allowing you to consume more advanced books much easier. Mar 13, Andrew Pratley rated it it was amazing Shelves: non-fiction. This book does an excellent job in acquainting said newbie to the world of currency trading.
I found it easy to follow. In a year or two I will be able judge how useful it really was in helping prevail in these choppy waters. Feb 21, Geoff rated it it was ok. Cross currency trades have legs going short is very common there is interest rates in every position deepest and most liquid market, driven mostly on speculation.
Aug 19, Tampines House added it. View 1 comment. Sep 27, Richard K. Must-have for wanna-be currency traders. Hard to put it all together? Oh Yes. Worth it? Written by real professionals and structured properly, I highly recommend it. Jan 01, Chukwuemeka Ike rated it it was amazing. Easy to understand, even if some info is outdated provides lots of learning links too. Feb 12, Ulio rated it liked it Shelves: Ok 3 stars might be a little too harsh but I think it's the perfect rating for this Dummies book. I have read many dummies book related to finance. This one seems simpler than most of them.
You might need to read all of it but even then its not enough. So this book Ok 3 stars might be a little too harsh but I think it's the perfect rating for this Dummies book. So this book feels like it's not in depth enough for intermediates or beginners. Would just recommend to people who are already in finance, but need quick intro to forex. You can probably read the first 3 chapters in a day. I been working in equities for the last 5 years now with a firm and I am pretty well versed in most of what goes on in the financial markets.
It's a pretty simple book but I wished the author went on a bit more detail. But if you just want to learn how to trade Forex you will know the basic of currency pairs. In Forex it's one type of cash for another type of cash so it can be confusing for people how to enter positions or exit positions. I knew most of this but I was honestly expecting more technical and fundamental tools that forex traders use. Great foundation for fx trading Book is a good foundation for currency trading.
It has a wide breadth and fairly sufficient depth for anyone to get started. It is presented in an organised and easily digest able manner. However kindle version can be improved with higher resolution diagrams. They are not readable.
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Jan 02, Prem Sai rated it it was amazing. Excellent book on currency trading. A good reference book. I recommend beginners should have atleast fundamental idea of forex before starting this book.
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I will read further readings listed on the last chapter. May 10, Craig Maxwell rated it liked it. Towards the end I just ended up scanning and reading the headings. But a good introduction overall. May 07, Tony Vu rated it liked it. Slightly repetitive, but contains some solid information regarding the fundamentals of ForEx, and basic technical analysis. For a beginner, this would be a decent start. Aug 02, Leila added it Shelves: unfinished.
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I intend to one day delve into it, but for now, I will pass as it will require careful reading. Jun 02, Togoldor rated it really liked it.
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This is completely beginners book to Forex. If you want intermediate and advanced technical analysis, search from other place. Excellent book for beginners Tons of great information about forex trading and trading in general.
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Great book to read through every year to refresh basic trading knowledge. Feb 18, Gin rated it really liked it Shelves: economy. Simple concise guide about FX trading. Good for starters. Oct 28, Charles Franklin rated it really liked it. It's an interesting book, but not necesarrily the best book for "absolute beginners" because it moves fast.
Good book as a reference though, once you've learned the basics It's an interesting book, but not necesarrily the best book for "absolute beginners" because it moves fast.