What is the forex ? The Foreign Exchange market, also referred to as the "Forex" or FX market, is the largest financial market in the world, with a daily average turnover of well over US$1 trillion -- 30 times larger than the combined volume of all U.S. equity markets. Unlike other financial markets, the forex market has no physical location or central exchange. It is an over-the-counter market where buyers and sellers including banks, corporations, and private investors conduct business. A true 24-hour market, currency trading begins each day in Sydney, and moves around the globe as the business day begins in each financial center, first to Tokyo, London, and New York.the unmatched liquidity and around-the-clock global activity make forex the ideal market for active traders.
On Forex Forum, we propose you a complete guide for the study of the foreign exchange market. Our regularly updated forex glossary contains some hundreds of definitions related to the financial markets and online currency trading.
Our online forex tutorial explains how the foreign exchange market works, types of orders, graphics, technical indicators, the spot forward market, the basis of technical analysis, the main economic indicators, candlesticks and options...
With the forex books we propose to you, you will find all the educational resources about currency trading you need.
THE FOREX BOOK OF THE DAY
Forex Conquered: High Probability Systems and Strategies for Active Traders (Wiley Trading) by John L. Person (Hardcover - Mar 30, 2007)
If you intend on successfully trading in today's foreign exchange market, you need to be familiar with the strategies and systems that can help you capture consistent profits and effectively manage risk.
The 10 Essentials of Forex Trading by Jared Martinez
Beat the Odds in Forex Trading: How to Identify and Profit from High Percentage Market Patterns by I. R. Toshchakov
Forex Patterns & Probabilities: Trading Strategies for Trending & Range-Bound Markets by Ed Ponsi