Preface. Acknowledgments. Chapter 1: Foreign Exchange-The Fastest-Growing Market of Our Time. Effects of Currencies on Stocks and Bonds. Comparing the FX Market with Futures and Equities. Who Are the Players in the FX Market? Chapter 2: Historical Events in the FX Market. Bretton Woods: Anointing the Dollar as the World Currency (1944). End of Bretton Woods: Free Market Capitalism Is Born (1971).
Plaza Accord-Devaluation of U.S. Dollar (1985). George Soros-The Man Who Broke the Bank of England. Asian Financial Crisis (1997-1998). Introduction of the Euro (1999). Chapter 3: What Moves the Currency Market in the Long Term? Fundamental Analysis. Technical Analysis.
Currency Forecasting-What Bookworms and Economists Look At. Chapter 4: What Moves the Currency Market in the Short Term? Relative Importance of Data Changes over Time. Gross Domestic Product-No Longer a Big Deal. How Can You Use This to Your Benefit? A Deeper Look into the FX Market. Chapter 5: What Are the Best Times to Trade for Individual Currency Pairs? Asian Session (Tokyo): 7 P.M.-4 A.M.
EST. U.S. Session (New York): 8 A.M.-5 P.M. EST.
European Session (London): 2 A.M.-12 P.M. EST. U.S.-European Overlap: 8 A.
M.-12 P.M. EST. European-Asian Overlap: 2 A.M.-4 A.M.
EST. Chapter 6: What Are Currency Correlations and How Do Traders Use Them? Positive/Negative Correlations: What They Mean and How to Use Them. Important Fact about Correlations: They Change. Calculating Correlations Yourself. Chapter 7: Trade Parameters for Different Market Conditions. Keeping a Trading Journal. Have a Toolbox-Use What Works for the Current Market Environment. Step One-Profile Trading Environment.
Step Two-Determine Trading Time Horizon. Risk Management. Psychological Outlook. Chapter 8 Technical Trading Strategies. Multiple Time Frame Analysis. Fading the Double Zeros. Waiting for the Real Deal. Inside Day Breakout Play.
The Fader. Filtering False Breakouts. Channel Strategy. Perfect Order. Chapter 9: Fundamental Trading Strategies. Picking the Strongest Pairing. Leveraged Carry Trade. Fundamental Trading Strategy: Staying on Top of Macroeconomic Events.
Commodity Prices as a Leading Indicator. Using Bond Spreads as a Leading Indicator for FX. Fundamental Trading Strategy: Risk Reversals. Using Option Volatilities to Time Market Movements. Fundamental Trading Strategy: Intervention. Chapter 10: Profiles and Unique Characteristics of Major Currency Pairs. Currency Profile: U.S.
Dollar (USD). Currency Profile: Euro (EUR). Currency Profile: British Pound (GBP). Currency Profile: Swiss Franc (CHF). Currency Profile: Japanese Yen (JPY). Currency Profile: Australian Dollar (AUD). Currency Profile: New Zealand Dollar (NZD). Currency Profile: Canadian Dollar (CAD).
About the Author. Index.