Forex revolution: An insider's guide to the real world of foreign exchange trading

Forex revolution: An insider’s guide to the real world of foreign exchange trading provides a non-biased overview that will let the individual decide which approach to the market suits him or her best. With this knowledge, they can then choose their own advanced education and trading directions.

In this book, Peter Rosenstreich brings together insider techniques from all over the industry: Traders, banks, Forex firms, even the National Futures Association. You’ll find expert guidance on everything from handling 24/7 markets to profiting from the emergence of China.

Category: Forex

Author: Peter Rosenstreich

Language: English

Download link: At the end of the post

Introduction

I love this market and it never stops amazing me. The foreign exchange market is the ultimate gauge of reality. In a world where it is impossible to quantify the actual significance of an event, the Forex market tries. In my view, just as in chaos theory, the Forex market is always moving from order into chaos and back to order again—and trading on the edge of chaos is the only place I want to be.

What makes foreign exchange trading existing are the underlying themes that drive the market. On the fundamental side, there are geopolitics, governments, societies, macroeconomics, and the behavior of the numerous market participants who vary greatly in objectives and approach. On the technical side, there is a market that seems to move in patterns and with endless liquidity. Life can become repetitive and slow, with some people even saying things like, “There is nothing new,” or, “I’ve seen it all before.” And I think, “Yeah, just you wait.” As a Forex trader, you have a frontrow seat to a world that never stops to amaze and produce the completely unexpected.

I wrote Forex revolution: An insider’s guide to the real world of foreign exchange trading as an introduction to Forex trading in a simple and understandable format. It was not produced in response to some slick marketer screaming, “Make money in your sleep,” or some academic with a mathematical model so complex that only four people in the world understand it. My intent is to provide a non-biased overview that will let the individual decide which approach to the market suits him or her best. With this knowledge, they can then choose their own advanced education and trading directions. I hope I can inspire aspiring Forex quants and instant traders alike.

To explain Forex trading, I use a blend of real trading experiences, definitions, and methodologies because you need all three to become a successful trader in any market. Trading is never about memorizing how someone else trades; one’s strategy must be developed by the individual. Hopefully, with this book, you can take all of this information and begin crafting your own trading models.

Good luck trading!

Contents- Forex revolution: An insider’s guide to the real world of foreign exchange trading

Preface
Acknowledgments
Disclaimer
1 The Truly Modern Market

2 The Currency of Trading in Everyday Life

3 The History of Forex (and Why You Should Care)

4 The Basics of Foreign Exchange

5 Forex Trading Vehicles

6 Tools and Strategies to Get Started

7 Forex from the Inside

8 Inside a Forex Platform

9 Trading Inside the 24-Hour Storm

10 What Moves the Markets: Basic Fundamental and Technical Trading Strategies

11 Black Swans and Rogue Traders

12 Trends and the Yuan

About the author

Peter Rosenstreich is a principle and foreign exchange trader for Rose Stevons & Company, a boutique New York alternative investment firm specializing in providing retail clients with innovative, structured products. Mr. Rosenstreich has extensive experience in the retail Forex sector.

He is licensed with a series 3, 7, and 63, and is registered with the NASD and National Futures Association as a Commodity Trading Advisor (CTA). Mr. Rosenstreich holds a BA in History from Clark University and an MBA from the City University of New York, Zicklin School of Business.

More about: Peter Rosenstreich