A Foreign Exchange Primer (The Wiley Finance Series)
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Product Description
Product Description
This book will provide a thorough introduction to the foreign exchange markets, looking at the main products through to the techniques used, coverage of the main participants, details of the various players, and an understanding of the jargon used in everyday dealings. Written in a concise and accessible manner, it will be an ideal introduction for anyone looking to become involved in the FX markets, from dealing rooms or sales perspectives, to novice investors.
The new edition has been updated to reflect the changes that have taken place in the industry over the past few years. Most chapters have been enhanced and this new edition now features new material on the psychology of trading, the psychology of price movement and online trading.
The new edition has been updated to reflect the changes that have taken place in the industry over the past few years. Most chapters have been enhanced and this new edition now features new material on the psychology of trading, the psychology of price movement and online trading.
From the Author
The book has been designed to introduce the novice to the practical skills necessary to understand today's foreign market market. This primer sets out to give a clear understanding of how the market functions, giving practical guidance to all the main products, techniques used, and to the every day jargon used by market participants. The key features are the examples, calculations, glossaries, clear explanation of the technicalities which are an essential part of the market and the everyday language in which it has been written. This comprehensive study is for anyone involved or wanting to become involved in the foreign exchange market.
The whole purpose of the primer has been to keep each chapter concise, while still explaining all the essential and necessary components and concepts needed to fully understand the everyday workings of this particular sector of the financial markets. --This text refers to an out of print or unavailable edition of this title.
The whole purpose of the primer has been to keep each chapter concise, while still explaining all the essential and necessary components and concepts needed to fully understand the everyday workings of this particular sector of the financial markets. --This text refers to an out of print or unavailable edition of this title.
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Customer Reviews
Most Helpful Customer Reviews
7 of 7 people found the following review helpful
Format:Hardcover
This book clearly and thoroughly explains an often complicated subject, in a friendly and clear tone. It covers a multitude of subjects, from the origins of currency trading, to the future of Forex trading after the advent of electronic trading. Highly recommended to anyone (especially good for those new to the subject)wishing to explore the subject of Foreign Exchange!
4 of 4 people found the following review helpful
Format:Hardcover
Although this book is primarily written for people that are clueless about foreign exchange (FX), it will actually teach the clued-up a thing or two also. The broad range of topics covered is what you'd expect to find in a book that is considerably thicker and more expensive - there's a detailed insight into the marketplace and its participants, the products (spot, forwards, swaps, options), fundamental vs. technical analysis, and more. The author writes in a concise, but extremely readable style and makes extensive use of pictures and diagrams. Furthermore, the book is bang up to date with recent developments in FX, such as the Euro and electronic dealing (that is, at the time I wrote this review). Finally, as an added bonus, this book is not biased towards the US or the US dollar, which I feel is especially appropriate for an FX book. Highly recommended!
3 of 3 people found the following review helpful
Format:Hardcover
This book is highly recommanded to understand the basics of the FX markets and the several instruments traded on it. Although not the size of Julian Walmsley's bible (full of details), this book is very efficient and very well written. It will be useful for any person wanting to know about FX techniques, being a student or a professional.
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