Learning the Ropes: Forex Technical Analysis Books

There are books that encourage, and help attain the correct disposition in ForEx trading, and there are others that help the trader learn the ropes of the said trade. These books are what we call the ForEx technical analysis books.

Before one enters this type of trade, like getting into war, a trader must have the correct mindset and of course the correct ammunition for the kill.

The books below are helpful tools to get ahead in ForEx Trading:

The Trading Rule That Can Make You Rich by Edward Dobson

This book touches on simple yet effective ways for timing market entry. It includes a technical trading rule which uses a consistent pattern of the market’s behavior. This is based on a technique applied by W.D. Gann.

Technical Analysis for Dummies by Barbara Rockefeller

There are several books for Dummies. If there is a book for Currency Trading, there is also a book for Technical Analysis. This is a straightforward guide to the basics of technical analysis. It talks about the principles of analysis helping traders understand how to analyze, putting aside complex charts and jargons.

A Complete Guide to Technical Trading Tactics: How to Profit using Pivot Points, Candlesticks & Other Indicators by John L. Person

Among the selection of ForEx Technical Analysis Books, this book provides a complete guide to tactics in technical trading that can greatly help new traders comprehend the ins and outs of the market, discussing pivot points, candlesticks and other indicators that can be used to create a sound trade decision.

Fibonacci Analysis by Constance Brown

This book dissects the very essence of this highly effective technical analysis tool. It gives importance to practical applications in the market that can be of immediate use. The author demonstrates in the book the Fibonacci ratios for projections and actual trading charts. It also discusses the importance of proportion in studying charts and gives out details on how to point out false signals.

Japanese Candlestick Charting Techniques-Second Edition by Steve Nison

With the increasing popularity of the Candlestick approach in market analysis, this book delves into the core, explaining and giving examples of how to use this method in terms of ForEx markets and other similar markets. The author helps the readers to understand and learn the patterns, and rules of multiple technical methods.

Encyclopedia of Chart Patterns by Thomas Bulkowski

This revised and expanded version discusses new statistics and includes 23 new patterns, which also includes a section for ten event patterns.

Elliot Wave Principle: Key to market Behavior by A.J. Frost, Robert R. Prechter, Charles J. Collins

The book discusses the method or tool developed by Ralph Nelson Elliot in the 1930’s and 1940’s, that the market prices go up or down in perceivable patterns and can be linked into waves.

Technical Analysis from A to Z, 2nd Edition by Steven Achelis

This combines detailed discussions of technical analysis and the works in terms of interpretations, calculations, and examples of over 135 technical indicators. It also presents how these indicators perform in actual market situations.

Again, there are a lot of ForEx Technical Analysis books. The best way to go about these books is to do your homework. Check out reviews for each book and find which one suits your needs most.

Are you looking for more information regarding ForEx technical analysis books? Visit http://www.forextradingforaliving.com today!

Are you looking for more information regarding ForEx technical analysis books? Visit http://www.forextradingforaliving.com today!

Author Bio: Are you looking for more information regarding ForEx technical analysis books? Visit http://www.forextradingforaliving.com today!

Category: Finances
Keywords: ForEx technical analysis books, ForEx books, ForEx

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