Forex Trading - The Basics Explained in Simple Terms

By Jim Brown

Forex Trading - The Basics Explained in Simple Terms - Jim Brown
  • Release Date: 2017-03-08
  • Genre: Industries & Professions
Score: 4
4
From 71 Ratings

Description

Jim's 3 FOREX books are consistently ranked BEST SELLERS 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/MT5 MetaTrader platforms, as a download at the end of the book.An invitation to join his JAGfx Facebook Group which has over 4500 members, with both new and experienced Forex Traders contributing.Daily interaction in his Facebook Group.He calls his trades live, shares his results AND records regular trade analysis videos.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 17 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 videos, chat with him on Facebook and in Telegram - he's an approachable guy who is passionate about trading.

Jim's Books:
Forex Trading The Basics Explained in Simple TermsMT4/MT5 High Probability Forex Trading MethodTrading Forex with Divergence on MT4/MT5 
Jim has been Featured on:
Desire to Trade Podcast with Etienne CreteTrading Nuts Podcast with Cam Hawkins
Editorial Review

As the title indicates, this book is oriented toward giving beginners the basics. The author is a self-taught forex trader who became intrigued by currency exchange and its profits at a private gathering for stock traders. The text stands out for Brown's clear, concise language that, without being condescending, never takes the reader's knowledge for granted. Some of the basics covered are:
The definitions of forex and forex marketsStrategies for entrances and exitsTrading psychologyThe ins and outs of forex pairsPlaces to trade foreign currenciesTips for selecting a broker
Brown also offers up his own trading strategy that a novice can use, or at least be inspired by and use as a guideline for creating a personalized one.

- JB Maverick, INVESTOPEDIA

Reviews

  • Informative and precise!

    5
    By honznova34
    This was a wonderful read! Being fairly new to Forex trading (3-4 months), this has given me a lot of insight and I will continue to read and use this book over and over again!
  • Exactly what I needed!

    5
    By LaDarrion M
    I just recently started getting back into educating myself on Forex after a few years of starting and stopping. I’ve been to plenty of YouTube channels and read plenty of pieces about this subject but this book really brings everything together nicely. The author is not only very good at breaking down terminology used in the trading industry, but also does exceptionally well giving examples and real situations based off of his own experiences. Loved the book, loved the information! Definitely what I was looking for in terms of getting basic knowledge to even feel comfortable talking about trading. I recommend to anyone seriously even thinking about Forex. I’m literally about to buy his other books after this review. Thanks Jim!
  • Best book for begginers

    5
    By Yoo momma
    Even though I am not new to Forex, I read this book just to go over the basics and I assure you it is one of the best books to read as a forex begginer.