Forex Trading : The Basic Explained In Simple Terms

Jim's FOREX books are consistently ranked BEST SELLERS on Amazon and there is a very good reason for this. At no extra cost (or on-costs) Jim shares with his readers:

- His custom indicators for the MT4 MetaTrader platform, as a download at the end of the book. AND anyone who has received these indicators will also receive the MT5 version of his files when they have been programmed.
- An invitation to join his Facebook Group which has new as well as experienced Forex Traders contributing.
- Daily interaction in his Facebook Group
- He calls his trades live, shares his results AND records a weekly trade analysis video.
- His contact details if you require further clarification.

Jim, from Queensland Australia, is a full-time Forex Trader, currently residing in Vietnam. His knowledge of currency trading extends over a 14 year period and has evolved from the old fashioned manual charting when he first started in 2002, to trading on multiple screens and entering the arena of automated trading. During this time, he has developed and shared many trading systems for free, and assisted many new traders through various blogs and forum participation.

This book is for those of you who are just starting to consider trading Forex but don't know where to start, given the abundance of information on the internet. It is a good first book to read, to gain an understanding of the very basics. As an added Bonus, Jim offers one of his Trading Systems, as well as the indicators without any further on costs.Check out his YouTube vids, chat with him on Facebook, he's an approachable guy who is passionate about trading. Here Is an outline of what is included:

*What is Forex?
*Advantages of Trading Forex
*When the Forex market is open
*Forex pairs
*Where we trade Forex
*Choosing a Broker
*Important information for US based traders
*Lot size and equivalent pip value
*Information on risk
*News and fundamental analysis
*Technical analysis
*Risk-reward ratio
*Types of orders
*How many pips is enough
*Trading psychology
*Day trading or longer term trading?
*Keeping a journal or diary

Jim's other books:-

*MT4 High Probability Forex Trading Method
*Trading Forex with Divergence on MT4