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Your plain-English guide to currency trading Currency Trading For Dummies is a practical, easy-to-use guide that explains how the foreign exchange (ForEx) market works and how you can become a part of it. Foreign exchange trading has a lot of advantages, but it also has fast-changing financial-trading avenues. The ForEx markets are always in flux. So, how do you keep up? This new edition of Currency Trading For Dummies, you’ll get the guidance that you have come to know and expect from the trusted For Dummies brand-now updated with the most up to date information on the subject. Inside, you’ll find an easy-to-follow introduction to the global/ForEx market that explains its size, scope, and players; a look at the major economic factors that influence currency values; and the lowdown on how to interpret data and events like a pro. Plus, you’ll discover the various different types of trading styles and make a concrete strategy and game plan before you act on anything. * Covers currency trading conventions and tools * Provides an insider’s look at the key characteristics of successful currency traders * Explains why it is important for you to be organized and prepared * Offers guidance on trading pitfalls to avoid and risk management rules to live by, Whether you’re just getting started in the foreign exchange market or an experienced trader looking to diversify your portfolio, Currency Trading For Dummies for trading success.