Technical Analysis of the Currency Market by Boris Schlossberg

If you trade currency, then you need to have this book on your desk. It's the only book you need for technical analysis of the fastest-moving market on the planet.

In plain English, Schlossberg lays out the basics in using technical analysis to trade foreign currencies, from the fundamentals of how the FX market works to the variety of technical strategies and trade management techniques traders can employ. Along the way, he offers entertaining examples and observations as well as simple, easy-to-read charts and diagrams. Anyone interested in getting started in the hugely popular FX market would do well to begin with this book.

This book is a great resource for traders just starting out in currency markets. His focus on simplicity is critical for a new trader's education on how to make money. Proven currency-specific trading strategies from one of today's top currency analysts

Global currency markets combine unparalleled leverage, high short-term volatility, low execution costs, and significant long-term trends in an atmosphere of laissez-faire regulatory oversight to create the nearly perfect trading environment. Multinational corporations and multibillion-dollar hedge funds have long relied on these markets to efficiently hedge risk while taking advantage of its many rapid profit opportunities.

Now, with Internet services and networks providing direct access to the interbank foreign exchange market, retail speculators of all sizes and bankrolls are discovering the profitable advantages of FX trading. Technical Analysis of the Currency Market shows you how to combine classic technical analysis tools with hard-won knowledge of FX market trends, trading ranges, and player's behaviors to dramatically expand and improve your trading possibilities.

This dynamic and all-inclusive FX trading primer provides you with a practical, market-proven arsenal of currency trading weapons and solid tactical knowledge. From a focused look at how the FX market works to specific trading setups designed to produce high-probability profits in the widest possible range of market situations, Technical Analysis of the Currency Market explores:
* Important similarities and differences between the FX market and equity, option, and other financial markets
* Five key themes that drive the currency markets and which technical tools traders can use to best exploit them
* Technical analysis insights and examples for both trend and range trading setups
* Five chart patterns, well known to equity analysts, that have proven effective in currency trading
* Oscillator strategies for spotting quickly developing divergences between momentum and price
* Methods for spotting common price patterns that are the building blocks for understanding and interpreting price flow

Many of today's most successful traders garner the bulk of their profits in the currency market. Technical Analysis of the Currency Market will show you how to eliminate costly learning-curve mistakes and—whether you are new to currencies or a seasoned trader—give you the skill and confidence you need to carve out a small but profitable niche in the global currency market.

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