The Everything Guide to Currency Trading

Currency trading can be profitable or perilous--depending upon your expertise as a trader. In this no-nonsense guide, you'll learn the basics of currency investing, from global macroeconomics to technical analysis, as well as many of the strategies that successful traders use. As you develop key skills, like buying ETFs and back-testing trades, you'll learn everything you need to succeed in this tumultuous world, including:

• What goes on behind the scenes in the market
• How to evaluate currency pairs and look for big opportunities
• Which kind of technical analyses work--and why
• How to minimize risk through hedging with "safe" currencies

With unique trading strategies designed for investors at various levels of budget and risk, this guide is all you need to cash in on the ever-expanding Forex market, no matter how new you are to the challenging game of currency trading.

David Borman has been involved in finance, investing, and trading for more than ten years. He has worked at Deutsche Bank's Scudder Mutual Funds, the Federal Home Loan Bank, and in high-net-worth public accounting. His experience with FX trading began when he worked in the back offices of some of the most actively managed hedge funds in the world. Armed with this training, he went on to trade both currency ETFs and in traditional FX accounts. Today, he trades FX using hedging strategies based upon mathematics and economic information. Borman holds a bachelor's degree in finance from Southern Illinois University and a master's degree in accounting from DePaul University. He also runs a writing and statistical research business out of Chicago, IL. Borman is the author of The Everything Guide to Day Trading.