1.1 THE KILL
The obvious, buy low, sell high. In Forex, you select the pair of currencies you choose to make the conquest: USD/Yen, Swiss franc/USD, Euro/Yen, Euro/USD, Pound/USD; Determine the quantity of the kill in dollar amounts. Market forces determine the value of one currency floating against each other. Daily fluctuations in the market can multiply your currency pairs in seconds, minutes, hours, daily. The hunter is betting that the value of one currency will increase against another. For example: you decide to trade EUR/USD. The currency quote for this combination is
1.315. Euro is the base currency, while USD is the quote. One unit of the base currency,
EURO, will buy 1.315 US dollars. Alternatively, this trade requires 1.315 USD to buy one Euro. If the EURO increases in value, the trader makes a profit.
You can also reverse your pairs (depending on the market fluctuations) for instance, Euros for Dollars, Dollars for Euros, to take advantage of the kill. You don’t actually possess the currency, the trader simply trades on contract.
Professional Reviews
ForexSecrets
Forex Made Easy with Comprehensive new book
by / January 20th, 2011
Forex Made Easy with Comprehensive New Book
Hunter’s Field Guide to Forex
Anyone considering entering the world of online foreign currency trading knows how complex and frustrating it can be. The information currently available on Forex and how to navigate it successfully is overwhelming and complicated to say the least, yet no one has taken the time to condense it all into one streamlined how-to guide. Until now, that is.
Claire Elstun, experienced financial market trader and author of Hunter’s Field Guide to Forex: It’s a Jungle Out There, has written an informative new guidebook that she believes will make learning the tricks of the trade much less daunting. “I decided to write this book because there just isn’t anything else like it out there right now.”
When asked to explain the title of her new book, Elstun replies, “I used an extended hunting metaphor throughout the book to make it easier to understand and also to add a humorous slant to what can be a fundamentally dry concept, and the title reflects that. I hope people will enjoy reading it as much as I did writing it.”
Just what is the Foreign Currency Exchange, or Forex for short? Forex, quite simply enough, is a market for the exchange of foreign currency. It is one of the largest financial markets in the world. Traders speculate on the fluctuation of currency exchange rates, much as stock brokers do on the value of stocks. What makes foreign currency exchange trading especially difficult is the lack of insider information or any other tips apart from the daily news. Forex traders must be extremely vigilant and knowledgeable.
Constantly changing and subject to the uncertain fortunes of nations across the globe, currency exchange trading is a delicate art fraught with peril. Ms. Elstun hopes to make the adventure a little less dangerous with her new comprehensive guide: “Traders seeking a tutorial on mastering Forex will find what they are looking for here.”
Claire Elstun’s Hunter’s Field Guide to Forex: It’s a Jungle Out There is available through Strategic Publishing Group, Amazon.com,
Barnes and Noble, and fine retailers everywhere.
About the Author:
Claire Elstun, a legal consultant living in Sandpoint, Idaho, has also been a long-time participant in financial markets. Her previous works include the novels Persona Non Grata and Carpe Diem, as well as several screenplays. She is currently working on her next book.
This press release was distributed by PressReleaseDistribution.com, a division of Drummond Post Media LLC.
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Posted on January 17, 2011 by admin
Are you tired of the same decrepit, long and boring manuals on how to conquer the foreign exchange market? Do you find yourself attempting to learn how to succeed in the foreign exchange market by reading one of these guides, only to get half way through and never finish? If this sounds like you, then Hunter’s Field Guide to FOREX is a must read for you.
The foreign exchange market is one of the largest and difficult markets in the world. Thus, it can be quite challenging to understand. Most foreign currency trading books are anything but entertaining, much less easy to read — with readers often becoming overwhelmed, never finishing the book they’ve begun.
Finally, an author has figured out the formula to success in understanding this market! Claire Elstun approaches the world of foreign currency trading quite creatively by using “hunter’s humor” to explain a topic that is often hard to follow, and hard pressed to keep the reader’s attention. This entertaining book has the readers on the edges of their seats, not wanting to put the book down.
In Hunter’s Field Guide to FOREX, Claire Elstun makes FOREX trading exciting. Readers will enjoy going from beginner to expert in little time, successfully learning all aspects of the foreign exchange market, conquering it, and confidently competing with the best of the best.
Hunter’s Field Guide to FOREX provides all the tips, tricks, and resources to invest and exchange foreign currency without missing any details. This book will be the only manual you’ll ever need to win in this highly competitive market. Claire Elstun has been trading in the financial market for years — and it shows!
The book is a paperback of 60 pages, published by Eloquent Books, and has an ISBN of 978-1609114633. The book may be aquired at Amazon.com and everywhere books are sold.
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2.How To Trade Forex – A Newbie’s Guide To Forex
3.Forex | Forex Currency Trading | Forex Strategy System
4.Forex Online Currency Trading
5.Getting Started in Forex Trading
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