It presents clear, easy-to-read instructions on currency trading and descriptions of the forex market. In fact, it's not a bad read for more seasoned hands who need a quick refresher on the basics. It's regularly used as a resource by the financial media.

Originally published in , the updated book was co-written by Brian Dolan, former chief currency strategist at Forex.

com , and Kathleen Brooks, director of research at Forex. Kathy Lien is a world-renowned currency analyst, BK Asset Management's managing director, and a frequent guest on Bloomberg, CNBC, and Reuters programs. Now in its third edition, her book employs a two-pronged approach that combines theory and actionable learning with balanced insight into the fundamental and technical forex trading strategies designed to generate regular profits.

Lien walks readers step-by-step through Forex fundamentals such as the long- and short-term factors affecting currency pairs. She also covers the technical analysis trading strategies that professional forex traders use on a daily basis. Steve Nison's Japanese Candlestick Charting Techniques is credited with introducing this versatile technical-analysis tool, now widely used by forex traders , to the Western world.

The book provides a lengthy and in-depth education on candlestick charting, which is also used for futures, speculation, hedging, equities, and anywhere else that technical analysis may be applied. Nison's work is ideal for traders seeking to up their trading strategies game. As they do, they might want to consult one of the sequels Nison has written: The Candlestick Course, Beyond Candlesticks: New Japanese Charting Techniques Revealed, and Strategies for Profiting with Japanese Candlestick Charts.

Courtney Smith begins How to Make a Living Trading Foreign Exchange with an introduction to the world of forex that explains how the market works.

But most of this work is devoted to making money, offering six strategies to earn a steady income by trading. He also provides important risk management techniques as well as material on the psychology of trading. It includes an explanation of Smith's unique "rejection rule," a strategy designed to double the profit generated from basic channel breakout systems.

As the title indicates, this book is oriented toward giving beginners the basics. The author is a self-taught forex trader who became intrigued by currency exchange and its profits at a private gathering for stock traders. The text stands out for Brown's clear, concise language that, without being condescending, never takes the reader's knowledge for granted.

Some of the basics covered are:. Brown also offers up his own trading strategy that a novice can use, or at least be inspired by and use as a guideline for creating a personalized one. Recommended Forex Trading Books We are often asked what Forex Trading books we would recommend, so to satisfy that question here is some recommended reading, in no particular order, for apsiring Forex traders. Learn about how the big players move and manipulate the markets for profit and how you can jump on their shirt tails.

The Disciplined Trader — Developing Winning Attitudes by Mark Douglas Trading In The Zone by Mark Douglas. Once you have been trading for a while, this is probably the best book on trading psychology you will ever come across. It will change your trading mindset for the better, forever! The Complete Trader: The Definitive Guide To Mastering The Psychology of Market Behaviour by Mark Douglas and Paula T. Webb High Performance Trading — 35 Practical Techniques To Enhance Your Trading Psychology and Performance by Steve Ward.

High Performance Trading provides proven practical techniques and strategies to help traders of all abilities, experience levels and styles to enhance their trading performance and psychology. Based on practical coaching and training interventions, personal experiences, the latest research and feedback and advice from leading traders, trading coaches and trading psychologists this book offers something for everyone who wants to become a better trader.

Learning to trade the markets with any asset can be daunting, especially with SO many books available. That is one of the main reasons why so many forex traders struggle to find a good forex trading book to sink their teeth into and come out the other end a better trader. There are hundreds of books out there, but the main question is — which is the best forex trading book? The answer: none — there is no single best forex trading book for forex traders. The combination of ideologies, strategies, and processes will make you a better trader.

The books we have in this list cover every aspect of forex trading. This is where the beauty of reading the books on this list: You can literally gain an incredible insight into some of the best traders that ever existed. So we have listed the 15 best forex trading books below for you to add to your library and get some of the best insights from the very best traders.

These books are on Amazon, so if you fancy having a full read — go ahead and click the links. TL;DR: All of the books in their respective categories are great for anyone.

Here are our top 5 must-reads: However, there is one book that will take anyone with a slight interest in how to learn forex trading and elevate them into a true, profit-pulling, trader. This is the Forex Trading Guide book. Street Smarts — High Probability Short Term Strategies. Long Term Secrets To Short Term Trading. Diary of a Professional Commodity Trader. Technical Analysis of the Financial Markets.

How to Trade in Stocks. Bonus: The Forex Trading Guide. This will not come at any additional cost to you if you choose to buy. These books are aimed for anyone who has yet to grasp the core concepts of forex trading and wants a book for a starting point. Admittedly, you should just view our free forex course if you want the basics and a good understanding. Other than that, if you want a book to put on your bookshelf or take away on holiday to read, these are the best forex trading books for beginners.

Alternatively, you can learn about Forex Trading for Beginners through this guide. Currency Trading For Dummies breaks down the fundamentals of forex trading in their world-renowned way.

You can expect to pick up the basics here and is a great starting point. Yet the information contained here is pre-understanding strategies, methodologies, and concepts of trading the forex market with your money. In other words: This is the theory test, before the practical driving test. The language used is down to earth and easy to process, whilst making it light humour to learn the process of trading forex.

Overall, this book is perfect for those who want an introduction to the forex market. This book covers some of the core concepts and cleverly breaks down the jargon into understandable chunks. Although this book is for beginners, you do get thrown into the deep end and touch on trading approaches such as Volume Price Analysis and risk management.

A good book for those looking to have an easy introduction to trading forex. In this section we will list the best forex trading books for technical analysis , these books focus on strategies, methodologies, and how to trade the forex market. Most of these books will overlap, but reading them all will deepen your understanding of how it works and how to manipulate trading data and price action. You can also read our more in-depth reviews of the best technical analysis books here.

Here is our selection of the best forex trading books for technical analysis:. The author, John J. This book is huge and is essentially an extremely detailed glossary of all technical patterns and indicators. If there is ever going to be an investment in a forex trading book, then this is it.

A book from the creator of the Bollinger Bands. He explains in-depth use of how Bollinger Bands are meant to be used and how to take advantage of them. This book is written by the founder of the methodology, John Bollinger , so you will learn directly from the creator!

Peter Brandt has been in the industry for a LONG time and has decades of proven success. This book is amazing if you want to follow an accountable series of trading sessions whilst being taught valuable information.

This is a great read if you want a solid foundation of the markets and how to profit from them in a shorter time period. This is a fantastic resource if you want to improve on your knowledge of forex trading and transition them into trading strategies, then this book is for you. This was a case study of how anyone, when taught the right system, can become a successful forex trader and profit from the forex market.

The strategy is enjoyable to learn about through the book and has been proven to work. This book is a bit of a lighter read than the others and is very focused on the strategy and the story behind it. Bill Williams is known for creating several technica l indicators to predict market movements with high probability.

This book dives straight in and explains the systems that he has modified for the current markets. Jesse Livermore was one of the worlds best traders at the time, a trader who made and lost fortunes many times over.

More importantly, he knew what he was doing and where he was going wrong. A lot of it makes sense and I highly recommend you read the book for his system. The DeMark indicator is proven to predict currency market trend changes and how to capture them with accuracy. The book contains a system ready to implement and gets you going from the start.

The books in this section are to give you an overview and insights into prolific traders as well as teach you some golden nuggets passed on by them. These books are for forex traders who know about the forex market and have a strong grasp of technical analysis. One of the best-selling trading books of all time has been updated. Certainly, a must-read covering every aspect of trading that is left out from other books about trading. Ever wondered how the best traders in the world think and use their systems?

Well in this best selling book you can find out how. Interviews with some of the most profitable forex traders in the world, the likes of Paul Tudor Jones and Marty Schwartz. This book exposes the mindsets and ideologies on how they achieved their successes.

Based on many of the top traders, and a very well conducted series of interviews I think you will enjoy this purchase for forex traders seeking to learn from the best. Following on from the success of the first book, this book covers even more successful traders who leave nothing behind in this series of interviews.

In my opinion, reading these Market Wizard books provide outstanding insight into the minds of the very best. Tony Robbins says that success leaves clues — well, the Mark Wizard series is the yellow brick road. Have you watched Billions yet? If so, the character Wendy Rhodes The hedge funds performance coach is based on the author of this book, Denise Shull. This book is fantastic and a must-read for anyone who wants to transition properly into taking trading seriously. You can win and lose on the same day and that will obliterate morale for the un-educated.

Pick this book up if you want to go to the next level. To get it for FREE, all you have to do is the following steps:. Please note: You will be subscribing to Amazon Kindle Unlimited for a free 30 day but you can cancel at any time without paying a penny. Please note: You will be subscribing to Amazon Audible for a free 30 day but you can cancel at any time without paying a penny. Overall, the way I see forex trading books as snippets of invaluable information left on paper by successful traders.

I believe if you read just one of these books you will raise your standards in several areas, not limited to trading — this includes decision making, discipline, and critical thinking.

What should you do now? Investments in your future, yourself and you will hopefully pick up the lessons inside each book, learn something new and apply it to your trading.

Hopefully, a single trade will earn you the money back and more. As an Amazon Associate, we earn from qualifying purchases.

The Ultimate Candlestick Pattern Cheat Sheet in The Complete 28 Major Forex Pairs List. Our aim is to make our content provide you with a positive ROI from the get-go, without handing over any money for another overpriced course ever again. We are sharing premium-grade trading knowledge to help you unlock your trading potential for free. Forex Blog. Forex Advertising. Write For Us. You may lose all your capital. Losses can exceed deposits. Past performance is not indicative of future results.

The performance quoted maybe before charges, which will reduce illustrated performance. Please ensure that you fully understand the risks involved. Click here to read the full Risk Warning. All website content is published for educational and informational purposes only. com has financial relationships with some of the products and services mentioned on this website, and alphaexcapital.

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Past performance is not indicative of future results. Trading tips written by an expert in an easy to understand manner makes understanding the fundamentals of forex trading easy. Originally published in , the updated book was co-written by Brian Dolan, former chief currency strategist at Forex. In this factsheet, the U. Trading in the Zone" by Mark Douglas. Many of which are compatible with most leading forex brokers. Certainly, a must-read covering every aspect of trading that is left out from other books about trading.

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