Day Trading and Swing Trading the Currency Market

S ince the first edition of was published in 2005, the foreign exchange market has changed dra- matically. The most notable change is the fact that daily average vol- Day Trading the Currency Market, which

ume now exceeds $3 trillion, a 70 percent jump over the past three years.

As a direct result of this surge in interest, more participants have flooded

the markets with different ways to trade currencies.

The popularity of the Day Trading the Currency Market book has encouraged me to give the second edition a twist—this time I have added

swing trading strategies!

After having taught seminars across the country on how to trade currencies, I have received a lot of good feedback about the book (thank you!),

and I hope that everyone will enjoy the new techniques in the second edition just as much as you have enjoyed the strategies and lessons in the first!

The original book focuses heavily on fundamentals, but the new edition includes chapters on trading methodologies, statistical analysis, and,

of course, additional strategies.

I have also added comprehensive sections on how to trade like a hedge

fund manager and the impact of seasonality in the currency market.

If you are picking up a copy of Day Trading and Swing Trading the

Currency Market for the very first time, you will not be disappointed. As a

trader first and an analyst second, in this book I focus on what matters most

to currency traders. The first edition has been one of the top resources for

those looking for a good primer on how the currency markets work—the

technical and fundamental drivers as well as actionable trading strategies.

There is something for everyone in this book, as it is designed for both

the beginner and the advanced trader. In this book, I try to accomplish two

major goals: to touch on the basics of the FX market and the currency characteristics that all traders, particularly day traders, need to know, as well

as to give you practical strategies to start trading. Day Trading and Swing

Trading the Currency Market goes beyond what other currency trading books cover and delves into such interesting topics as the top marketmoving indicators for the U.S. dollar and what currency correlations are

and how to use them. Here’s a brief road map to whet your appetite on the

topics covered in this book.