Take your forex trading to the next level with these best-selling books.

Best Forex Trading Books Reviewed by E-Broker.com

Forex trading is a complex and vast market that can be difficult to navigate without the right guidance and expertise. To achieve success in this field, it is important to have a thorough understanding of all the elements involved, including the trading strategies, risk management, technical analysis, and currency market dynamics.

One of the best ways to improve your forex trading skills and knowledge is by reading books written by experienced traders and experts in the industry. In this article, we have compiled a list of the top 10 best forex trading books that will help you gain a deeper understanding of the forex market and provide you with the tools and strategies to make profitable trades.

1. «Currency Trading for Dummies» by Brian Dolan Reviewed by E-Broker.com

If you are new to forex trading and looking for an introduction to the basics, then «Currency Trading for Dummies» is the perfect book for you. Written by Brian Dolan, a veteran forex market analyst and trader, this book provides a clear and concise overview of the currency market and trading strategies that will help you get started.

This book covers everything from the mechanics of currency trading to technical analysis and risk management. It also includes a glossary of trading terms and a quick-reference cheat sheet to help you remember key concepts.

2. «Forex Trading: The Basics Explained in Simple Terms» by Jim Brown Reviewed by E-Broker.com

Jim Brown’s book, «Forex Trading: The Basics Explained in Simple Terms», provides a clear and concise introduction to the forex market that is easy to understand for beginners. The book covers the fundamental principles of forex trading, including how to read forex charts, how to identify trends, and how to make trades.

Brown also provides practical advice and strategies for successful forex trading, including how to manage risk and how to develop a profitable trading system. The book is written in a conversational tone and is filled with charts and examples to help illustrate key concepts.

3. «Japanese Candlestick Charting Techniques» by Steve Nison Reviewed by E-Broker.com

Steve Nison’s book, «Japanese Candlestick Charting Techniques», is considered the bible of candlestick charting and is a must-read for any serious forex trader. The book provides a comprehensive guide to using candlestick charts, a popular and effective technical analysis tool used by traders around the world.

This book covers everything from the basics of candlestick charts to advanced techniques and trading strategies. It also includes a glossary of candlestick charting terms and a collection of case studies to help you apply the concepts discussed in the book to real-world trading situations.

4. «Trading in the Zone» by Mark Douglas Reviewed by E-Broker.com

«Trading in the Zone» by Mark Douglas is a classic book on trading psychology that teaches you how to master your emotions and maintain a focused and disciplined mindset while trading. Douglas explains how successful traders think and how they approach the market, and provides practical techniques for developing a winning trading mindset.

This book covers everything from fear and greed to ego and discipline, and provides a roadmap to achieving peak performance as a trader. It is an essential read for anyone looking to become a successful forex trader.

5. «The Encyclopedia of Chart Patterns» by Thomas Bulkowski Reviewed by E-Broker.com

Thomas Bulkowski’s book, «The Encyclopedia of Chart Patterns», provides a comprehensive guide to chart patterns, a key element of technical analysis used by many forex traders. The book covers more than 50 chart patterns, including reversals, continuations, and breakouts, and provides detailed statistics and analysis for each pattern.

This book is an invaluable resource for any trader looking to improve their knowledge of technical analysis and chart patterns. It also includes a trading checklist and glossary of terms to help you apply the concepts discussed in the book to your own trading.

6. «The Intelligent Investor» by Benjamin Graham Reviewed by E-Broker.com

While «The Intelligent Investor» by Benjamin Graham is not specifically focused on forex trading, it is considered one of the greatest investment books of all time and is highly recommended for all traders and investors. The book provides a timeless and enduring approach to investing that emphasizes the importance of long-term thinking and value investing.

This book teaches you how to analyze stocks and other investment opportunities, how to manage risk, and how to avoid common pitfalls and mistakes. It is an essential read for anyone looking to develop a sound and sustainable investing strategy.

7. «Market Wizards» by Jack D. Schwager Reviewed by E-Broker.com

Jack D. Schwager’s «Market Wizards» is a classic book that features interviews with some of the most successful traders in the world. The book provides valuable insights into the minds and strategies of these traders, and offers practical advice for anyone looking to improve their trading skills.

This book covers everything from fundamental and technical analysis to risk management and trading psychology. It is an essential read for anyone interested in learning from the best traders in the business.

8. «A Beginner’s Guide to Day Trading Online» by Toni Turner Reviewed by E-Broker.com

If you are interested in day trading, then «A Beginner’s Guide to Day Trading Online» by Toni Turner is a great place to start. The book provides a comprehensive guide to day trading, including how to identify stocks to trade, how to read charts, and how to manage risk.

This book also covers practical strategies for day trading, including scalping, momentum trading, and swing trading. It is written in a clear and concise style and is filled with real-world examples to help illustrate key concepts.

9. «Trading for a Living» by Dr. Alexander Elder Reviewed by E-Broker.com

«Trading for a Living» by Dr. Alexander Elder is a classic book on trading that provides a complete and comprehensive guide to trading in the forex market. The book covers everything from the basics of trading to advanced techniques and strategies, and provides advice on risk management, trading psychology, and money management.

This book is a great resource for anyone looking to develop a winning trading system and achieve success as a trader. It is written in a conversational style and is filled with charts and examples to help illustrate key concepts.

10. «Come into My Trading Room» by Dr. Alexander Elder Reviewed by E-Broker.com

«Come into My Trading Room» is another great book by Dr. Alexander Elder that provides a comprehensive guide to trading in the forex market. The book covers everything from the basics of trading to advanced techniques and strategies, and provides advice on risk management, trading psychology, and money management.

This book is written in an engaging and conversational style and is filled with charts and examples to help illustrate key concepts. It is an essential read for anyone looking to develop a winning trading system and achieve success as a trader.

Conclusion Reviewed by E-Broker.com

If you are serious about forex trading, then reading the best forex trading books is an essential step to improving your knowledge and skills. The books listed in this article cover a broad range of topics, including technical analysis, trading psychology, risk management, and trading strategies.

By reading these books and applying the concepts and strategies discussed, you can gain a deeper understanding of the forex market and develop a winning trading system. So, pick up a copy of these books today and start your journey to becoming a successful forex trader!