Book Description
How to Access and Trade the World's Biggest Market Philip Gotthelf
The first and last word on trading within currency markets Expert trading veteran Philip Gotthelf provides the first comprehensive guide to currency speculation aimed toward the average investor. Combining fundamental and technical analysis, this book teaches traders how to take advantage of fluctuations within the currency markets and capture enormous gains. Currency Trading takes the latest developments in the FOREX market and provides readers with a complete trading plan.
Philip Gotthelf (Closter, NJ) publishes the Commodex System, the longest-standing daily futures trading system in the world, and Commodity Futures Forecast Service. He is also President of Equidex Inc., a registered Commodity Trading Advisor. Gotthelf wrote TechnoFundamental Trading and The New Precious Metals Market.
New technology and the advent of around the clock trading have opened the floodgates to both foreign and domestic markets. Traders need the wisdom of industry veterans and the vision of innovators in today's volatile financial marketplace. The Wiley Trading series features books by traders who have survived the market's ever changing temperament and have prospered-some by reinventing systems, others by getting back to basics. Whether a novice trader, professional or somewhere in-between, these books will provide the advice and strategies needed to prosper today and well into the future.


Book Info
Provides a cutting-edge and comprehensive overview of the largest market in the world and shows you how to take advantage of the fluctuations within currency markets to reap enormous rewards. Filled with in-depth insights and valuable advice that any level of currency trader can appreciate.


From the Inside Flap
From strategies to trading forums, the foreign exchange (FOREX) market–where currency trading volume exceeds $1 trillion daily–is a moving target with massive profit possibilities. Even with relatively little starting capital, you can take advantage of the fluctuations within currency markets and reap enormous rewards, but first you have to learn how. Expert trading veteran Philip Gotthelf understands that the dynamics and rules of currency trading are constantly changing. With this in mind, he has written Currency Trading: How to Access and Trade the World’s Biggest Market. Instead of repeating the outdated advice of "experts," this comprehensive resource offers practical information which will allow you to cultivate your own views of currency trading, sharpen your skills, and ultimately, draw your own conclusions on where, when, and how to trade almost any currency. A brief introduction to money, currency, and foreign exchange highlights the fundamental differences of these three concepts, and clarifies commonly held misconceptions. With the basics established, Currency Trading moves forward to provide you with an indispensable overview of how the foreign exchange market works and how you can profit within it. Currency Trading is filled with in-depth insights and valuable advice that any level of currency trader can appreciate. Numerous real-world examples and case studies help drive each point home in a straightforward, no-nonsense manner. Topics discussed include: The principle of "parity" and how to master it How currency markets such as futures, options, Interbank, and forwards work Events that affect currency value–from inter- est rates to a country’s economic position Forecasting using fundamental and technical analysis Basic to advanced trading strategies for currency markets How to avoid scams and take advantage of legal manipulations within currency markets For many investors, currency trading is a daunting task–there are dozens of ways to participate in several different forums, and currency markets have a language and style all their own–but the allure of extraordinary returns is so powerful and intoxicating that it is hard to resist. Whether you’re trading U.S. Dollars, Japanese Yen, or the Euro, Currency Trading contains the tips and tools you need to succeed.


Back Cover Copy
The foreign exchange (FOREX) market used to be the exclusive arena for professional currency traders and major financial institutions. With the barriers to this market now removed, you too can participate and profit from currency trading–but first you must learn how. In Currency Trading: How to Access and Trade the World’s Biggest Market, expert trading veteran Philip Gotthelf provides a cutting-edge and comprehensive overview of the largest market in the world–where currency trading volume exceeds $1 trillion daily–and shows you how to take advantage of the fluctuations within currency markets to reap enormous rewards. Currency Trading is filled with in-depth insights and valuable advice that any level of currency trader can appreciate. Numerous real-world examples and case studies help drive each point home in a straightforward, no-nonsense manner. Topics discussed include: The principle of "parity" and how to master it How currency markets such as futures, options, Interbank, and forwards work Events that affect currency value–from interest rates to a country’s economic position Forecasting using fundamental and technical analysis Basic to advanced trading strategies for currency markets How to avoid scams and take advantage of legal manipulations within currency markets The dynamics and rules of currency trading are constantly changing. There is no point in following the outdated advice of "experts." Currency Trading offers practical information which will allow you to cultivate your own views of currency trading, sharpen your skills, and ultimately, draw your own conclusions on where, when, and how to trade almost any currency–from U.S. Dollars to Euros.


About the Author
PHILIP GOTTHELF publishes the Commodex® System, the longest-standing daily futures trading system in the world, and Commodity Futures Forecast® Service. He is also President of Equidex Inc., a registered Commodity Trading Advisor, and President/CEO of EQUIDEX Brokerage Group, Inc., (a registered Introducing Brokerage firm). His writings frequently appear in major industry publications including Futures magazine, Technical Analysis of Stocks & Commodities, Top Farmer, Pro Producer, Barron’s, and Energy in the News. He is regularly quoted in The Wall Street Journal, the New York Times, Fortune, Forbes, U.S. News & World Report, Barron’s, and Money, and has acted as consultant to major financial and consumer publications. Gotthelf is a regular guest on CNBC, MSNBC, and CNN. He is also the author of two previous books: TechnoFundamental Trading and The New Precious Metals Market.

FROM THE PUBLISHER