Hi - my journey into the financial markets was prompted by a desire to make sense of the jargon filled replies I usually received when asking any financial adviser, the simplest of questions. Clearly they believed as a mere woman, I was incapable of understanding the complexities of the markets. This prompted my desire to learn, and since then I have been involved in every aspect of trading and investing for over seventeen years. Now at last, I have the luxury of time, to devote the next phase of my life to writing a series of books with one aim. To explain complex subjects and concepts surrounding the financial markets, in a clear and simple way. I actually began my professional life, as an English teacher. However, English was not my first language, having arrived in the UK from Italy at the tender age of three. At that time I spoke no English whatsoever, and my first memories are of my little village school in Scotland where I grew up, and where I learnt to read and write, chalk in hand! Very old fashioned, but what a wonderful way to learn. Since then, I have never stopped talking! - well I am Italian and as I'm sure you know, Italians ALWAYS have an opinion on EVERYTHING!! Languages must be in my blood, as I also studied French and Spanish. I've now transferred the 'teaching gene' into written form through the power of Amazon. I hope, that whether you are a trader, investor or a speculator, you will find one, or perhaps more, of my books useful in your own approach to the markets. Kind regards Anna --This text refers to the paperback edition.
Our free Forex course has been designed with you in mind. Trading can be a fairly subjective topic. The way that we have designed this course is to really get you thinking about certain topics and ideas. We want to align your thinking to an experienced trader. Trading involves a meticulous eye to detail in a robotic-like nature. It is not something that you can just turn on and off. Throughout this course you will start to think more about trading in a wider concept.
Risk warning: Trading Forex (foreign exchange) or CFDs (contracts for difference) on margin carries a high level of risk and may not be suitable for all investors. There is a possibility that you may sustain a loss equal to or greater than your entire investment. Therefore, you should not invest or risk money that you cannot afford to lose. Before using Admiral Markets UK Ltd, Admiral Markets AS or Admiral Markets Cyprus Ltd services, please acknowledge all of the risks associated with trading.
Kathy Lien is a world-renowned currency analyst, BK Asset Management's managing director, and a frequent guest on Bloomberg, CNBC, and Reuters programs. Now in its third edition, her book employs a two-pronged approach that combines theory and actionable learning with balanced insight into the fundamental and technical forex trading strategies designed to generate regular profits. Lien walks readers step-by-step through Forex fundamentals such as the long- and short-term factors affecting currency pairs. She also covers the technical analysis trading strategies that professional forex traders use on a daily basis.
Our free Forex course has been designed with you in mind. Trading can be a fairly subjective topic. The way that we have designed this course is to really get you thinking about certain topics and ideas. We want to align your thinking to an experienced trader. Trading involves a meticulous eye to detail in a robotic-like nature. It is not something that you can just turn on and off. Throughout this course you will start to think more about trading in a wider concept.

My only complaint about both books is that she could use a more attentive editor, but there's nothing so bad it's really distracting. I read a review here recently where the reader said the grammar was so bad he/she couldn't finish the book (I can't remember if it was one of these two or another trading book). That's short-sighted arrogance in my opinion. The most eloquent speaker or the most concise and grammatically correct writer is not usually the best teacher. Also, if Anna had a talented editor go over this with a fine-toothed comb, yes it would be slightly easier to read, a little less repetitious, and probably a little shorter, but it would be more expensive too. If you want to learn how to work on your own Harley, the Haynes manual was written by a professional technical writer with a professional photographer looking over his shoulder at the work of a professional mechanic. Yet they (or their editors) still usually leave out all sorts of important details and perspectives that the grizzled old greasemonkey down at the shop is willing to give you if respect his experience and can dodge his tobacco juice and parse his colorful language. The Haynes manual is certainly cleaner and easier to read, but I'd prefer a conversation with the veteran any time.
Currency trading was very difficult for individual investors prior to the internet. Most currency traders were large multinational corporations, hedge funds or high-net-worth individuals because forex trading required a lot of capital. With help from the internet, a retail market aimed at individual traders has emerged, providing easy access to the foreign exchange markets, either through the banks themselves or brokers making a secondary market. Most online brokers or dealers offer very high leverage to individual traders who can control a large trade with a small account balance.
Alphaex Capital has done a great job with how the course and chapters are structured in terms of letting you get a feel for forex and what it entails also what it takes to be successful which most of the times is not told to people. I got a very clear understanding of the different strategies and indicators that is available to also made it very easy for me to understand which methods I would be comfortable using. 
Before we start elaborating on the importance of the leverage, we need to discuss the risk and reward ratio. It presents the result of a comparison between the risk involved in the trade and the profit that you are making from it. For instance, you can use the stop loss at 20 pips and then you place your in-profit at 40 pips. That means that your risk/reward ratio will look like this- 20:40. According to this example, you can earn 40 pips while risking 20 pips.
When it comes to currency trading you will note that the currency pair is always followed by a number. Let’s take an example from above, USD/JPY 108. In our case, the base currency is USD and is always equal to 1. Therefore, we have this proportion of 1 USD/JPY 108. This example shows that 1 USD and 108 JPY are equivalent. On the other hand, if we use JPY as the base currency according to the forex convention it will look like this JPY/USD 0.0092. Bear in mind not to swap two currencies and their values. Even though they at first glance seem different, dividing 1 with 0.0092 we will have 108 as the result, which means that the mathematical relation shouldn’t change.

All mentioned currencies have their own characteristics and personalities. The US dollar, euro, and Japanese yen are major reserve currencies held by central banks around the world, but the Japanese yen (and US dollar to some extent) are also safe-haven currencies that rise in value in times of political and economic turmoil in the world. On the other hand, currencies like the Canadian dollar, Australian dollar, New Zealand dollar, and Norwegian krone are also called commodity-linked currencies, as they heavily depend on the price of commodities such as oil and copper.


A good forex broker should have a direct channel customer support system. In today’s financial trading world, having an instant response email, Call Me Back and Live Chat feature are very basic requirements. It is simply unthinkable that a broker who makes so much money from commissions and spread charges cannot afford to put in place such instant communication systems. So the best forex trading brokers for beginners are those who provide a means of instant and fast communication.
You don’t have time to sit and watch the markets every minute of every day. You can better manage your risk and protect potential profits through stop and limit orders, getting you out of the market at the price you set. Trailing stops are especially helpful; they trail your position at a specific distance as the market moves, helping to protect profits should the market reverse. Placing contingent orders may not necessarily limit your risk for losses.
The blender company could have reduced this risk by shorting the euro and buying the USD when they were at parity. That way, if the dollar rose in value, the profits from the trade would offset the reduced profit from the sale of blenders. If the USD fell in value, the more favorable exchange rate will increase the profit from the sale of blenders, which offsets the losses in the trade.
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