Thread: Effective Book for Forex Trading

Anyone knows best book on Forex Trading?

The forex trading books that you settle for should include basics about the market, how to analyze trades, reliable indicators to use and how to apply them effectively. You should remember that the book should try to make things easier for you therefore if you cannot understand some of the concepts, you are better off choosing a simpler book. Effective Top-Down Strategies Combining Fundamental, Position, and Technical Analyses.

Check out Amazon for that. Amazon can guide you with that.

Private Scandinavian Sparkasse is a good one. I think FX Wisdom belongs to them. Aside from forex education they also have daily fundamental and technical analysis.

Avafx (Forex broker) providing free eBook about Forex strategies and you can download it from here.

Learn from me, I will teach you how to loose a thousand dollar in one day. Hahahaah

There are lots of books regarding forex trading out there in he market but the question is that what will be your taste? I was just simply followed some of the internet search for get more remarks.

Thank you for sharing your recommendations! Everyone here is so helpful. Keep up the great work and Keep the trading advice coming!

I have read a good forex minibooks on site Profiforex. There are books about Bill Williams’s theory, about Fundamental analysis, Patterns, etc. These books are very good for forex traders, especially for beginners.

I'd like to recommend Technical Analysis Applications in the Global Currency Markets – Second Edition. This kind of book is really helpful for many who locate interpreting of charts and figures easy. It gives you analysis of various foreign exchange situations for you to get accustomed to them.