Forex Research Paper on Volatility, Spreads and Quotes Frequency

Now you can download a new free research paper related to the Forex market from the e-books section of my site. It is "The Interaction Between the Frequency of Market Quotes, Spread and Volatility in Forex" that was published in the Applied Economics journal more than 10 years ago. This paper researches the relations between volatility, spreads and the frequency of the new market data in the Forex. It can be considered outdated for the majority of the modern traders, but it can help in understanding of how the interbank Forex market works. This e-book is definitely not for the general traders' community, but it holds a lot of information for the experienced and professional traders.

Mathematics of Money Management Forex E-Book

Now you can freely download another money management in trading related Forex book from my site — Mathematics of Money Management: Risk Analysis Techniques for Traders. It is written by Ralph Vince, the author of many books about the use of math in trading. Although this e-book is quite heavy on mathematics (calculus and statistics) it's intended for the general readers — both for those that are fluent in numbers and those that are not. You'll find some working methods and formulas there, that, if used in your own money management strategies, should help you to avoid many of the problems financial traders encounter. It's quite a big e-book and isn't very easy to understand, so be prepared for some long read.

New Science of Technical Analysis

I uploaded a new Forex e-book to the site today - it's called "The New Science of Technical Analysis". It was written by Thomas R. DeMark, one of the founders of the modern technical analysis and developer of the DeMark's pivot points. This book is more suited for the experienced Forex traders, because it goes quite deep into the techniques of chart analyzing, while being not very entertaining (of course, hardcore Forex traders will be entertained by such precious knowledge itself, but that's another story ☺). The book is divided into 13 chapters with each of them describing a certain pattern or behavioral aspect of trading. Definitely - a good read for those who think that they know a lot about Forex trading.

Forex E-Books: Two New Pieces

Two new Forex e-books were uploaded to my site today, again, they are more articles than books, but I think that they fit better in Forex books section rather than articles, because they are finely formatted into the Word documents (EDIT: I've converted them to PDF as a more conventional format) and are more complex than other articles. These e-books both come from Mr. S.A. Ghafari, who decided to share his Forex trading experience with other traders on the non-profit basis. The titles of the articles speak for themselves:

A Practical Guide to Technical Indicators; Moving Averages
How to Trade Both Trend and Range Markets by Single Strategy?

EDIT: Added another two Forex articles by the same author. This time they are more articles with less pictures and tables:

Too Many Strategies, But Still Frustrated?
Stop Loss?? I Don't Want To Use It

Offset Trading Strategy E-Book

Another Forex strategy e-book can now be downloaded from my site, it is Offset Trading by Dana Martin. This e-book isn't very bright, but describes one of the most potentially profitable Forex trading strategy - range breakout trading on news releases. After 2-3 pages of actually describing the strategy it becomes a some sort of advertisement for MB Trading broker and their trading platform. But I can assure you that there are other ways to trade such strategies with comfort - i.e. Amazing MT4 expert advisor. And Forex news trading is one those strategies I use on my real trading account.

Learning Flawless Execution of a Trading System

A new trader's psychology related e-book for you to read:

Learning Flawless Execution of a Trading System by Mark Douglas

It's more like an article - just 4 pages long, but it contains a useful information for all Forex traders that have problems in applying a trading strategy. Sometimes, it seems that you know better than your strategy and you correct its actions. Mark describes why such approach is completely wrong and tells us how to avoid it. If you constantly find yourself changing a Forex strategy after it lost 2 positions, you will probably learn some interesting facts from this book.

Forex Trader's Cheat Sheet

I've added a new Forex e-book to my site - The Forex Trader's Cheat Sheet. It's not just a book, but a real cheat sheet which can be used every time you consider opening a new position on Forex market. It has several pages of explanations on how to apply its statistical data and a printable version of cheat sheet for 5 currency pairs: GBP/USD, GBP/JPY, EUR/USD, USD/CHF and USD/JPY. As the authors say - it doesn't tell you HOW to trade, it tells you WHEN to do it. But it also has recommendations on position target sizing. Forex Trader's Cheat Sheet is based on the statistical data for H4 timeframe - you can consult it to determine if the trend which you are seeing now is going to last or is it at its end.

I've checked the performance of this cheat sheet combined with a simple moving averages cross system and it was quite good. I used GBP/USD on H4 timeframe on the last two months period. Near 80% of all generated trades were profitable with an average profit/loss rate of more than 2.5. Use it wisely :-).

Currency Trader — Free Forex Magazine

Currency Trader is one of my favorite monthly read. It is published every month by http://www.currencytradermag.com/ website and contains many articles by professional authors. Articles vary from covering recent news topics to technical analysis matters, to fundamental macroeconomic factors. From every issue I learn a lot of important information on global economics and some interesting connections between various financial markets and Forex. For those who don't have economic education this magazine is a good way to get some, at least to improve trading experience. The best thing about Currency Trader is that it is completely free - you can subscribe for it here: http://www.currencytradermag.com/subscribe_acrobat.htm. The worst thing — it has a lot of advertising. There is so much of it that content is almost lost in ads.

For some reason guys from Active Trader Magazine Group, which publishes Currency Trader Magazine, doesn't want it to be freely downloaded from anywhere. So, I had to remove it all from my site. If you still want to read this magazine, you can subscribe to the new issues for free, or you can always find past issues somewhere else (P2P networks, for example).

Trade Your Way to Financial Freedom E-Book

Another great e-book was added to my site today - it is "Trade Your Way to Financial Freedom" by Van K. Tharp. Too bad it is a rather poor quality scan. Nonetheless it is a very important book for all financial traders. And, in my opinion, it is especially important to Forex traders. Because it has so wonderful section about position sizing and money management which is usually Forex trader's biggest problems (at least it was and somewhat still is for me). It is a big book with a lot of useful information. But if you don't have enough time to read it all, read chapters about position sizing and R-multiples. This will probably change your way of thinking about successful trading strategy.

Daily Fozzy Method E-Book by Michael Dunbar

A new e-book is now available for download from my site - it is called "The Daily Fozzy Method" (written by Michel Dunbar from http://www.forex-rewards.com). It describes a Forex trading strategy based on D1 timeframe with RSI, ATR and 28-EMA indicators. It is very simple to follow with the entry and exit techniques thoroughly described in this e-books. A good starting strategy e-book for the new traders that wish to trade on daily chart rather than hasty intraday charts.

Good Forex Learning Book for Beginners

A new Forex e-book is now available for my site. It is Study Book for Successful Foreign Exchange Dealing — a great introductory e-book for the beginning Forex traders. It's not just some general article about foreign exchange market that can be met in thousands over the Internet. This e-book covers fundamental analysis and indicators in details, some basic candlestick patterns are also described and shown in examples. Reading it is very easy and would be extremely useful for someone who would like to deepen one's knowledge in Forex trading.

New Forex Book on Trading Psychology

Another free Forex e-book is now available for download from this site. It deals with trader's personality and emotions which are inevitable in such an activity as a financial trading of any kind. Various examples and stories are presented in this book to help a trader to better understand what he must to prevent losing money and gain them instead:

Your Personality and Successful Trading - by Windsor Advisory Services

BunnyGirl Forex Trading Strategy E-book

BunnyGirl - is one of the most popular technical Forex strategies. Although it may look simple - a system utilizing WMA cross, it has a lot of additional conditions and tricks that are necessary for a trader to succeed with this strategy. You can download a quite short e-book describing BunnyGirl strategy rules along with some most important FAQ about this system:

BunnyGirl Forex Trading Strategy Rules and FAQ

Forex Strategy Books

New Forex strategy e-books are available for download from my site. Both books are more suited for Forex newbies than advanced traders, but are worth reading for both:

• Microtrading the 1 Minute Chart - it's about scalping on the shortest term chart and it won't mean a lot of new reading for experienced Forex traders.
• ICWR Forex Trading Strategy - this strategy e-book covers Impulsive/Corrective Waves Retracement strategy describing its rules and principles in an easy-to-understand way.