7 Of The Best Books On Forex Trading

At anyoption we specialize in binary options, however, we often get asked questions from our customers about Forex trading, and the best approaches and methods for trading currency pairs. Now, although, straight Forex trading, and binary option Forex trading differs, many of the trading principals, methodologies, and strategies are the same. So, with this in mind, we have decided to compile a list of some of the best Forex books available online. Of course, it’s impossible to list every book on Forex, but the ones we have included on our list are some of the more popular, written by some of the most respected authors.
We hope the compilation of Forex books we have compiled will help you find the information you need to trade currency pairs successfully, be you interested in trading straight Forex or Forex through binary options, there is something here for everyone, be you a beginner or a more seasoned trader.

Forex For Beginners by Anna CoullingForex For Beginners by Anna Coulling

Forex For Beginners provides a 360 degree, comprehensive introduction to the world of Forex. This is the third book by Anna Coulling, but she regards it as the prequel to her first two books.
Aimed at those who are completely new to Forex, this book will take you by the hand and walk you step by step through the core fundamentals of Forex, and trading in general – enabling you to lay a solid foundation of learning from which you can build upon.

A little about  the Author

Anna Coulling is a full time, self taught trader, with over 16 years experience working within the financial markets. If anyone can claim to have been there, done that, and got the T-Shirt it’s Anna.
Anna is hugely respected, and widely published. She spends a large part of her extremely valuable time helping other traders and investors understand how the financial markets really work. Anna teaches what works! Without the fluff!
Some places you can find Anna – Twitter | Her Blog | YouTube | Seeking Alpha

Thirty Days Of Forex Trading by Raghee HornerThirty Days Of Forex Trading by Raghee Horner

If you already have a good grasp of how the Forex market works as a whole then Thirty Days of Forex Trading will help you get your feet wet with some practical experience.
No better way to learn than looking over someones shoulder, and that is just what you get from Raghee Horner in this book – Part instructional guide, part trading journal, you will be introduced to the tools Raghee uses on a daily basis and then shown exactly what she does, day after day, to find potentially profitable opportunities in the forex market. Each chapter of this book contains one day's worth of trading activities, following a day to day trading system.

A little about  the Author

Raghee Horner is a private trader, entrepreneur, renowned author, and the founder of EZ2Trade Software.
Raghee is a regular contributor to some of the leading sites in the Forex industry such as FXStreet, Trading Markets, gotforex.com, forextraderdaily.com, she also is a key speaker at the top trading shows, and Expo's. Raghee like Anna Coulling has a wealth of experience, she has done it all, and is more than willing to impart her valuable experience and knowledge of trading and Forex to those who want to learn how to trade the right way.
Some places you can find Raghee – Twitter | Her Blog | You Tube |

Currency Trading and Intermarket Analysis - How to Profit from the Shifting Currents in Global Markets by Ashraf LaidiCurrency Trading and Intermarket Analysis by Ashraf Laidi

To truly master Forex one must understand the economic and market dynamics that shift currencies on the global markets. Many factors influence currency rates, from the macro to the micro and in “Currency Trading and Intermarket Analysis” you will learn the how these ever shifting dynamics work.
This is a book for those who are already comfortable with the basics of Forex, and how markets work but want to take their learning to the next level to gain a true understanding of what drives the currencies market.

A little about  the Author

Ashraf Laidi brings a wealth of front line trading experience to the table he is  the Chief Global Strategist at City Index / FX Solutions, he has also held positions as an FX analyst at MG Financial Group and analyst at the united nations, monitoring multi-currency global bond and equity portfolios.
Some places you can find Ashraf – Twitter | His Blog |

Day Trading the Currency Market - Technical and Fundamental Strategies To Profit from Market Swings by Kathy LienDay Trading the Currency Market by Kathy Lien

Kathy Lien’s  is a world renowned  currency analyst and her very popular book “Day Trading the Currecny Market” is jam packed with both theory and actionable learning –  it offers a well-rounded insight into a variety of technical and fundamental profit-making strategies for trading the currency/FX market, and provides detailed information on the in’s and out’s of Forex trading and the currencies markets.
Kathy will take you by the hand and walk you through not only the fundementals of Forex such as short and long term factors that impact currency pairs, and how to understand trade parameters in different market environments, but she also teaches you about the core technical analysis trading strategies used by professional traders such as "Fading the Double Zeros" to the "Inside Day Breakout Play"

A little about  the Author

Kathy Lien is a world renowned currency analyst who boasts an impressive resume – A former associate at JP Morgan Chase,and the current Chief Currency Strategist at Forex Capital Markets. Kathy is often featured on CBS MarketWatch, Bloomberg, Reuters and CNBC.
Some places you can find Kathy – Twitter | Her Blog | Investopedia

A Complete Guide To Volume Price Analysis by Anna CoullingA Complete Guide To Volume Price Analysis by Anna Coulling

This is the second book on our last by Anna Coulling. Once you get your head around the teachings in her “Forex for Beginners” book, then you can continue expanding your knowledge with “A Complete Guide to Volume Price Analysis”
In this book you will learn how to analyze price and volume, the two true indicators of where the market is heading. Although, the teachings in this book are not revolutionary, it provides a solid guide on how to trade Forex through volume and price action.
Throughout this book Anna refers to the teachings of Richard Ney – of  forty years ago. Showing how specialists in the equity market, sell at the top and buy at the bottom by manipulating the emotions of the public. Anna’s explanation of how the specialists "test" the market after either accumulating or distributing stock is excellent.

A little about  the Author

Anna is hugely respected, and widely published. She spends a large part of her extremely valuable time helping other traders and investors understand how the financial markets really work. Anna teaches what works! Without the fluff!
Some places you can find Anna Twitter | Her Blog | YouTube | Seeking Alpha

The Forex ''Set & Forget'' Profit System by Mark BoardmanThe Forex ''Set & Forget'' Profit System by Mark Boardman

Mark Boardman is part-time trader – and although he might not have the fame, nor the stature  of some of the other authors on our list his book “The Forex Set & Forget Profit System” is well worth the read, however, it will be of more benefit if you already have a good understanding of Forex trading.
In this book you will learn some simple but very effective technical analysis strategies, and although not ground breaking they are very effective when applied as Mark teaches. This is good solid learning, and the methods outlined in the book, do actually work.
There is a caveat to this this book – Some people complain that to implement Mark’s strategies  you must also purchase his own indicators and courses, however, this is simply not true. If you are willing to first put the time into learning the basics of technical analysis (on your own) then there is no need to avail of the extra’s – the extra’s are only laid on for those who are completely new and want the full package on a platter.

 A little about  the Author

Mark has over seven years experience trading Forex, he has been around the block,and in that time he has learned how to make consistent profits from Forex trading. Mark does not claim to be a millionaire trader, however, he is a people’s trader and the knowledge he imparts can help anyone make a second income from Forex.
Some places you can find Mark – Twitter | His Blog |

trading in the zone by mark douglasTrading in the Zone by Mark Douglas

Although Trading in the Zone is not specifically about Forex trading it does deserve to be on this list – You see, to be a successful Forex trader you need the right mind-set, without this all the theory and knowledge in the world will be of little use to you.
This book deals with the psychology of trading, and it is recommended by some of the most respected traders in the industry – Trading in the Zone is a timeless classic, this type of knowledge and learning never goes out of date.
The biggest edge you have when trading is yourself, not tools, and external resources – if you want to be a top trader you have to look inside yourself. This may sound like wishy-washy psychobabble, but if you are serious about trading, then this is one book that you want to read.

A little about  the Author

Mark has been in the game for a long time. He began coaching traders in 1982, and in over the last 30 years has continued to develop seminars and training programs on the psychology of trading for the investment industry
Mark is a frequent speaker at seminars both in the US and globally. Teaching traders how to become consistently successful, is what he does best, and does it like know one else.  Mark has been the recipient of several awards, and numerous accolades for both his books and work –  a testament to his success is the prestigious "Bull/Bear Award", which he has won in 2006, 2008 and 2011.
The best place to find Mark is on his Blog

The Best of the rest:

It is simply too hard to go into detail about all the Forex books that can help you on your journey to be a successful Forex trader, so addition to our top seven listed above – below you will find the best of the rest of the top rated Forex books available online.
50 Pips A Day Forex Strategyby Laurentiu Damir
We hope you enjoyed perusing our list of Forex books, although this is by no means a definitive collection, we think that we have provided a good cross section of the leading books on the market. Of course, should you have any more suggestions please feel free to leave a comment and we will add it to our list.

Comments

  1. TraderVC experience
    All these books are full of strategy, planning and complete knowledge on Forex. For all newbies these books are very helpful. Thanks for sharing

    ReplyDelete

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