DESCRIPTION

(From The Jacket) - In only a few short years, the currency/foreign exchange (FX) market has grown significantly. With institutions and individuals driving daily average volume past the $3 trillion mark, there are many profitable opportunities available in this arena — but only if you understand how to operate within it.

That's why Kathy Lien — Director of Currency Research for one of the most popular Forex providers in the world — has created "Day Trading and Swing Trading the Currency Market, Second Edition". Written for both the experienced and aspiring trader, this updated guide outlines the essential elements of the FX market and reveals the latest trends, data, and strategies that all traders, particularly day and swing traders, need to be aware of in order to excel in this fast-moving field.

After an engaging introduction to how the foreign exchange market has evolved over the last few years and a look at some of its historical milestones, this book quickly moves on to address the innovative trading insights that will enhance your profitability within today's FX market. Page by page, you'll become familiar with:

• New technical trading strategies, which include how to trade news, effectively time market turns, and capture new shifts in momentum
• Proven fundamental trading strategies, which involve trading off commodity prices, fixed income instruments, and option volatilities; as well as intervention-based trades and macro event-driven trades
• The unique characteristics of each major currency pair — from when they are most active to what drives their price action
• Trading through different market conditions, by first profiling a trading environment and then applying specific indicators for that environment
• And much more

Both informative and accessible, the Second Edition of "Day Trading and Swing Trading the Currency Market" goes far beyond what other currency trading books cover. It delves into consistently critical questions such as "What Are the Most Market-Moving Indicators for the U.S. Dollar" and "What Are Currency Correlations and How to Use Them," while touching on topics like "How to Trade like a Hedge Fund Manager" and "The Impact of Seasonality in the Currency Market" that could give you a distinct edge in this competitive arena.

Filled with proven trading strategies as well as detailed statistical analysis, the Second Edition of "Day Trading and Swing Trading the Currency Market" will help you achieve unparalleled success in the most actively traded market in the world.

TABLE OF CONTENTS

• Chapter 1 - Foreign Exchange - The Fastest-Growing Market Of Our Time
• Chapter 2 - Historical Events In The Forex Market
• Chapter 3 - What Moves The Currency Market In The Long Term?
• Chapter 4 - What Moves The Market In The Short Term?
• Chapter 5 - What Are The Best Times To Trade For Individual Currency Pairs?
• Chapter 6 - What Are Currency Correlations And How Do Traders Use Them?
• Chapter 7 - Seasonality--How It Applies To The FX Market
• Chapter 8 - Trade Parameters For Different Market Conditions
• Chapter 9 - Technical Trading Strategies
• Chapter 10 - Fundamental Trading Strategies
• Chapter 11 - How To Trade Like A Hedge Fund Manager
• Chapter 12 - Profiles And Unique Characteristics Of Major Currency Pairs