Getting Started in Forex Trading Strategies by Michael Duane Archer

Getting Started in Forex Trading Strategies by Michael Duane Archer

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Forex Trading – Foreign Exchange Course

You want to learn about Forex?

Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.

A Highly Visual Guide To Developing A Personal Forex Trading Strategy

Getting Started In Forex Trading Strategies

“A great next step to read for the beginning trader. It contains practical advice and resources on trading FOREX that only come with experience.”
–Derek Ching, President, Hawaii Forex

“We have members from over 125 countries on our Web site and plan to make Getting Started in ForexTrading Strategies a ′must read′ for those looking to trade the FOREX market. It is good to see a book that emphasizes the importance of other elements, such as money management, which are crucial to master if one is to stay in this game. Well done!”

–Jay Meisler, cofounder, Global–View.com

Written in a straightforward and accessible style, Getting Started in Forex Trading Strategies is a highly visual guide to foreign exchange trading that introduces you to the Codex Method–a proven process that allows you to tailor a trading strategy to your own personal preferences.

Divided into four comprehensive parts, this reliable resource opens with a brief overview of traditional FOREX strategies. From here, author Michael Duane Archer outlines his own personal codex–as he guides you through the process of developing yours–and reveals how to use this approach to make, monitor, and exit a trade. Along the way, Archer reveals the best ways to implement your strategy and discusses the importance of consistently keeping trading records.

In his previous book, Getting Started in Currency Trading, Archer set a solid foundation for trading the currency market by illustrating how it operated. Now, with Getting Started in Forex Trading Strategies, Archer goes a step further by showing you how to cultivate a personal trading strategy that will allow you to succeed within this dynamic environment.

Get Getting Started in Forex Trading Strategies by Michael Duane Archer at Salaedu.com