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BEST FOREX BOOKS FOR TRADERS

The forex market is based on a simple principle: trading currency to do global business. However, trading isn’t simple and is affected by anything from gross domestic product and inflation to interest rates and trade deficits.To get more news about Forex Trading Book, you can visit wikifx.com official website.

1. Currency Trading for Dummies

"Currency Trading for Dummies" was updated in 2015 and is a great starting place for a beginning forex investor.

The book’s simple language makes the forex market accessible to the layperson. The book's 2 authors offer extensive trading experience. Author Kathleen Brooks serves as a research director at FOREX.com and provides commentary for CNBC, Bloomberg and the BBC.

Co-author Brian Dolan brings 18 years of experience in the forex market to the guide.

The "For Dummies" series is designed to explain complicated topics in understandable language for the layperson. The text is easy to read and broken down into lists, bullets and breakout text boxes.
2. How to Make a Living Trading Foreign Exchange: A Guaranteed Income for Life

"How to Make a Living Trading Foreign Exchange: A Guaranteed Income for Life" is part of the Wiley Trading series, published in 2010. The author, Courtney Smith, chairs the Investment Mentoring Institute, devoted to investor education.

Smith is also the chief investment officer of a money management firm. The title makes some lofty promises but the contents of the book deliver solid information. The book includes a thorough overview of the forex market and a ton of trading strategies, including a system of looking at the forex market from a day-to-week market perspective.

Strategies aside, the underpinnings of the book include risk management, discipline and investor psychology — 3 practices that benefit all investors.
3. "Adventures of a Currency Trader: A Fable about Trading, Courage and Doing the Right Thing:
"Adventures of a Currency Trader" is also a Wiley publication from 2007. This unique book is by Rob Booker, a favorite Houston-based trader who hosts live Facebook events and free webinars for traders.

It’s a solid pick for any level — beginners to experienced traders. The book delivers forex advice and principles, but it isn’t a how-to book. Instead, it's a fable told through the eyes of a fictional character named Harry Banes.

The quick read is as entertaining as it is informative. If you're looking for forex reading that isn’t technical or a how-to manual, this is a great pick.
4. "Day Trading and Swing Trading the Currency Market: Technical and Fundamental Strategies to Profit from Market Moves"
"Day Trading and Swing Trading the Currency Market: Technical and Fundamental Strategies to Profit from Market Moves" is written for a beginner to an intermediate audience and offers readers executable strategies for entering the forex market. She also provides a companion website with videos on trading.

5. "A Three-Dimensional Approach to Forex Trading"
This forex book was written and published by Anna Coulling. Coulling began publishing and teaching about forex after trading and investing for 17 years. She is a former teacher so she can explain complex financial markets in a clear and understandable way.

This book is written for beginner investors who need a high overview of the forex market as well as more advanced traders who are looking for information on what makes the forex market tick. Couling’s book promises to help readers understand how and why the forex markets move.
The book goes on to explain how trends in the primary markets — stocks, bonds, and commodities — play out in the forex world. While this book offers meaningful insight, it doesn't provide specific trading strategies.

How to Make Money Trading Forex

Placing a trade in the foreign exchange market is simple. The mechanics of a trade are very similar to those found in other financial markets (like the stock market), so if you have any experience in trading, you should be able to pick it up pretty quickly.To get more news about forex trading, you can visit wikifx.com official website.

And if you don’t, you’ll still be able to pick it up….as long as you finish School of Pipsology, our forex trading course!

The objective of forex trading is to exchange one currency for another in the expectation that the price will change.

More specifically, that the currency you bought will increase in value compared to the one you sold.For example, the USD/CHF exchange rate indicates how many U.S. dollars can purchase one Swiss franc, or how many Swiss francs you need to buy one U.S. dollar.

The reason they are quoted in pairs is that, in every foreign exchange transaction, you are simultaneously buying one currency and selling another.

Whenever you have an open position in forex trading, you are exchanging one currency for another. The first listed currency to the left of the slash (“/”) is known as the base currency (in this example, the British pound).

The base currency is the reference element for the exchange rate of the currency pair. It always has a value of one.

The second listed currency on the right is called the counter or quote currency (in this example, the U.S. dollar).When buying, the exchange rate tells you how much you have to pay in units of the quote currency to buy ONE unit of the base currency.
In the example above, you have to pay 1.21228 U.S. dollars to buy 1 British pound.

When selling, the exchange rate tells you how many units of the quote currency you get for selling ONE unit of the base currency.In the example above, you will receive 1.21228 U.S. dollars when you sell 1 British pound.The base currency represents how much of the quote currency is needed for you to get one unit of the base currency

If you buy EUR/USD this simply means that you are buying the base currency and simultaneously selling the quote currency.With so many currency pairs to trade, how do forex brokers know which currency to list as the base currency and the quote currency?

Fortunately, the way that currency pairs are quoted in the forex market is standardized.You may have noticed that currencies quoted as a currency pair are usually separated with a slash (“/”) character.

Just know that this is a matter of preference and the slash may be omitted or replaced by a period, a dash, or nothing at all.If you want to buy (which actually means buy the base currency and sell the quote currency), you want the base currency to rise in value and then you would sell it back at a higher price.

In trader talk, this is called “going long” or taking a “long position.” Just remember: long = buy.

If you want to sell (which actually means sell the base currency and buy the quote currency), you want the base currency to fall in value and then you would buy it back at a lower price.

Markets.com Review 2022

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This Markets.com review was written by industry experts with over 20 years of financial experience in Forex, CFDs, Spread Bets (Spread Bets are only available to UK customers).To get more news about Markets.com Pros and Cons, you can visit wikifx.com official website.
What is Markets.com?
Markets.com are a global online financial trading platform and multi asset broker founded in 2008

Over 14 years later Markets.com has grown to offering retail investors Forex trading, CFDs trading, and Spread Bets (Spread Bets are only available to UK customers).

Markets.com are a global broker. Markets.com have a head office in Cyprus.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

We will dive deep in this Markets.com review and assess how well the Markets.com platform functions in its role as an international multiple financial asset trading platform for traders in 2022.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. Choosing an online broker like Markets.com can be difficult. For a beginner, the first few hurdles can come in the form of what appears to be a complex mobile or online trading platform, hard to understand investment terminology and confusing fee structures. In our review of Markets.com we breakdown the pros and cons. What Markets.com are able to offer, what countries Markets.com are available in. Who Markets.com are regulated by and more.
Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. In order for you to have a good working profitable relationship, ensure that your needs fit the profile of your broker as well.

This is why we have taken the time to review only the best brokerage firms, their practices, their fee structure and all other important aspects. We want you to evaluate, analyse, and trust your hard-earned cash with only the safest and best of brokers. We hope you find this Markets.com review useful.

This review of the Markets.com platform is very detailed. If you are interested in trading with Markets.com in any capacity please take the time to read and research the whole Markets.com review.

We have tried to explain the ins and outs of financial trading through the Markets.com platform as plainly as possible so that you the trader are as informed as possible before you start to use the Markets.com trading tools and depositing and withdrawing funds from Markets.com.
Investing online can be just as risky as any other kind of offline investment. As with any investment, it is important to know and research the company you are dealing with. When trading financial assets with Markets.com like Forex trading, CFDs trading, and Spread Bets (Spread Bets are only available to UK customers). You should have confidence in Markets.com and know that the management of your financial investments on the Markets.com platform are in good hands.

It is a common myth that online trading is easy. Online trading is difficult and traders must do their own research and have a clear understanding of what they are doing. In this article, you will learn important information regarding Markets.com that will help you get off to a good start in the world of online trading.

Markets.com is a multi asset platform with 2200+ tradable Assets. Assets available on Markets.com include Forex, CFDs, Spread Bets (Spread Bets are only available to UK customers).

Markets.com trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex, CFDs, Spread Bets (Spread Bets are only available to UK customers) are considered financial assets.

Capital.com Review (Aug 2022)

Built by a hybrid team of software developers and bankers, Capital leverages a unique method of processing transactions that improves market efficiency and allows them to offer commission-free trading: you just pay the buy-sell spread and overnight fees if you’re trading with leverage.To get more news about Capital.com Pros & Cons, you can visit wikifx.com official website.

Capital is backed by major investors and is regulated by the Financial Conduct Authority in the UK, as well as several other regulatory bodies around the world. In this Capital review, we’ll dive deep into every aspect of the trading platform, including its fee structure, the asset classes you can trade, customer support, and more.

Capital.com is available in nearly every country in the world—including India, the Netherlands, Germany, the United Kingdom, and others—with the exception of the United States, Taiwan, Belgium, and a few island nations. Use our tool below to verify that Capital operates in your country.
Pros & Cons of Capital
Pro #1: Zero Commissions
I’ll elaborate on this more below, but it’s worth mentioning again here that you won’t pay any fees (aside from spreads and overnight fees) when you trade with Capital.com. This is a big deal.

Pro #2: Trade Stocks & Crypto In A Single Place
There are surprisingly few brokers that allow you to trade both stocks and crypto CFDs in a single place, and Capital.com is one of those brokers. Better yet, rather than having to use complex crypto wallets, you can trade all your crypto CFDs just as you would any other stock right inside the Capital trading platform.

Pro #3: Dedicated Account Manager
I elaborate in section #6 below why I’m such a fan of Capital customer support structure, which assigns every user with a dedicated account manager.
Pro #4: Top-Notch Desktop & Mobile App
The Capital.com desktop trading platform and mobile app combine beauty and power in a single package. I appreciate how easy the app makes mobile trading, while still knowing I can make complex trades in the web platform any time I need to.

I’ve been trading with Capital for more than 3 years now, and there’s only one disadvantage I’ve found with them in all that time.

Pro #5: The Perfect Demo Account
You might be thinking, “Who cares about the demo account?”, and I felt the same way before I started trading with Capital. But now I use my demo account as a testing ground where I can try out my trading strategies with zero risk.

Con #1: No Referral Program
As I mentioned in section #8 of this Capital.com review, they don’t offer a referral program. This doesn’t matter if you just want to trade on your own, but if you plan to sign up your friends as well, it means you won’t get anything in return.

Of course, many other trading platforms also don’t offer referral programs, so before you let the lack of a referral program turn you away, recognize that this is more of an industry problem than it is a problem specific to Capita.

What Is a Trading Account?

A trading account can be any investment account containing securities, cash or other holdings. Most commonly, trading account refers to a day trader’s primary account. These investors tend to buy and sell assets frequently, often within the same trading session, and their accounts are subject to special regulation as a result. The assets held in a trading account are separated from others that may be part of a long-term buy and hold strategy.To get more news about Trading Account, you can visit wikifx.com official website.
Basics of Trading Account
A trading account can hold securities, cash and other investment vehicles just like any other brokerage account. The term can describe a wide range of accounts, including tax-deferred retirement accounts. In general, however, a trading account is distinguished from other investment accounts by the level of activity, purpose of that activity and the risk it involves. The activity in a trading account typically constitutes day trading. The Financial Industry Regulatory Authority (FINRA) defines a day trade as the purchase and sale of a security within the same day in a margin account. FINRA defines pattern day traders as investors who satisfy the following two criteria:
Brokerage firms can also identify clients as pattern day traders based on previous business or another reasonable conclusion. These firms will allow clients to open cash or margin accounts, but day traders typically choose margin for the trading accounts. FINRA enforces special margin requirements for investors it considers to be pattern day traders.

Opening a trading account requires certain minimum personal information, including social security number and contact details. Your brokerage firm may have other requirements depending on the jurisdiction and its business details.

FINRA Margin Requirements for Trading Accounts
Maintenance requirements for pattern day trading accounts are considerably higher than those of non-pattern trading. The base requirements of all margin investors are outlined by the Federal Reserve Board’s Regulation T. FINRA includes additional maintenance requirements for day traders in Rule 4210. Day traders must maintain a base equity level of $25,000 or 25 percent of securities values, whichever is higher. The trader is permitted a purchasing power of up to four times any excess over that minimum requirement. Equity held in non-trading accounts is not eligible for this calculation. A trader who fails to meet these requirements will receive a margin call from their broker and trading will be restricted if the call is not covered within five days.
Micro E-mini Futures from CME Group allow you to trade the same markets as Wall Street at a fraction of the cost! Practice using a free trading simulator to SIM trade the most popular & liquid futures markets including the S&P 500 & NASDAQ 100. Download Now.

How to Spot a Forex Scam

The spot forex market traded over $6.6 trillion a day as of April 2019, including currency options and futures contracts.To get more news about Forex Scams, you can visit wikifx.com official website.

With this enormous amount of money floating around in an unregulated spot market that trades instantly, over the counter, with no accountability, forex scams offer unscrupulous operators the lure of earning fortunes in limited amounts of time. While many once-popular scams have ceased—thanks to serious enforcement actions by the Commodity Futures Trading Commission (CFTC) and the 1982 formation of the self-regulatory National Futures Association (NFA)—some old scams linger, and new ones keep popping up.

Back in the Day: The Point-Spread Scam
An old point-spread forex scam was based on computer manipulation of bid-ask spreads. The point spread between the bid and ask basically reflects the commission of a back-and-forth transaction processed through a broker. These spreads typically differ between currency pairs. The scam occurs when those point spreads differ widely among brokers.
For instance, some brokers do not offer the normal two-point to three-point spread in the EUR/USD but spreads of seven pips or more. (A pip is the smallest price move that a given exchange rate makes based on market convention. Since most major currency pairs are priced to four decimal places, the smallest change is that of the last decimal point.) Factor in four or more additional pips on every trade, and any potential gains resulting from a good trade can be eaten away by commissions, depending on how the forex broker structures their fees for trading.

This scam has quieted down over the last 10 years, but be careful of any offshore retail brokers that are not regulated by the CFTC, NFA, or their nation of origin. These tendencies still exist, and it’s quite easy for firms to pack up and disappear with the money when confronted with actions. Many saw a jail cell for these computer manipulations. But the majority of violators have historically been United States-based companies, not the offshore ones.
The Signal-Seller Scam
A popular modern-day scam is the signal seller. Signal sellers are retail firms, pooled asset managers, managed account companies, or individual traders that offer a system—for a daily, weekly, or monthly fee—that claims to identify favorable times to buy or sell a currency pair based on professional recommendations that will make anyone wealthy. They tout their long experience and trading abilities, plus testimonials from people who vouch for how great a trader and friend the person is, and the vast wealth that this person has earned for them. All the unsuspecting trader has to do is hand over X amount of dollars for the privilege of trade recommendations.

Many of signal-seller scammers simply collect money from a certain number of traders and disappear. Some will recommend a good trade now and then, to allow the signal money to perpetuate. This new scam is slowly becoming a wider problem. Although there are signal sellers who are honest and perform trade functions as intended, it pays to be skeptical.

"Robot" Scamming in Today’s Market
A persistent scam, old and new, presents itself in some types of forex-developed trading systems. These scammers tout their system’s ability to generate automatic trades that, even while you sleep, earn vast wealth. Today, the new terminology is “robot” because the process is fully automated with computers. Either way, many of these systems have never been submitted for formal review or tested by an independent source.

Examination of a forex robot must include the testing of a trading system’s parameters and optimization codes. If the parameters and optimization codes are invalid, the system will generate random buy and sell signals. This will cause unsuspecting traders to do nothing more than gamble. Although tested systems exist on the market, potential forex traders should do some research before putting money into one of these approaches.

Other Factors to Consider
Traditionally, many trading systems have been quite costly, up to $5,000 or more. This can be viewed as a scam in itself. No trader should pay more than a few hundred dollars for a proper system today. Be especially careful of system sellers who offer programs at exorbitant prices justified by a guarantee of phenomenal results. Instead, look for legitimate sellers whose systems have been properly tested to potentially earn income.

Another persistent problem is the commingling of funds. Without a record of segregated accounts, individuals cannot track the exact performance of their investments. This makes it easier for retail firms to use an investor’s money to pay exorbitant salaries; buy houses, cars, and planes or just disappear with the funds. Section 4D of the Commodity Futures Modernization Act of 2000 addressed the issue of fund segregation; what occurs in other nations is a separate issue.

THROUGH CONDUIT GATE VALVE

YDF through conduit gate valve are designed, manufactured and tested in accordance with API 6D, ASME B16.34, and can meet 6FA six edition specification requirement. YDF through conduit gate valve have two optional structures valve “Slab gate valve”and“Expanding gate valve”.Get more news about through conduit gate valve,you can vist our website!
The Cameron GROVE G12 gate valve is a through-conduit gate valve with a cast body. The valve is fully compliant with API Spec 6D. This series is designed for standard application, but the design also is particularly suitable for projects where special materials and trims are required. The top-entry construction allows easy maintenance in a wide range of applications such as in oil and gas pipeline main valves, manifolds, station valves, pig launcher traps, and emergency shutdown (ESD). The traditional field of application is in oil and gas transmission and distribution both onshore and offshore.

Through Conduit Gate Valve is designed to satisfy the long distance transportation service of crude oil and natural gas. It is designed in accordance with API 6D with DBB function, thus valve can offer bi-directional on-off service. Our through conduit gate valves have two main series: Slab Gate Valves and Expanding Gate Valves.

If you are interested in a product that will allow you to handle the long distance transportation of oil and natural gas, you should consider taking a closer look at our Through Conduit Gate Valve, which is designed to provide bidirectional, on and off service to the installations that you have in mind. We offer two options: Slab Gate Valves as well as Expanding Gate Valves.

What you must know about our valves is that they are customizable to an extent. For example, when it comes to the body material that this product can be made of, you have the option of choosing between carbon steel, stainless steel, alloy steel and a few others. At the same time, when it comes to its design, you can opt for an optional slab or even for an expanding gate design, depending on your preferences.

You should also know that we have worked on a fire safe design and that this valve has double block as well as bleed capabilities. When you want to learn more about the different specifications of this product, you might want to consider taking a closer look at this page. You will find all the information you need right here. However, you should also consider leaving us a message with any questions that you might have.
We would be more than happy to provide a complete answer in the shortest time possible. The good news is that if you are searching for a Gate Valve Manufacturer, there is no need for you to do anything other than get in touch with our team. We have been catering to the needs of our clients in this particular market for over 15 years now and are prepared to help you with any special requests that you might have regarding our valves.

Compression Springs
The Subtil Group produces cylindrical, conical or biconical or barrel-shaped springs, with linear or progressive pitch.Get more news about Electronically Controlled Spring Coiling Machine,you can vist our website!

Compression springs or helical compression springs are torsion-stressed springs which have linear or progressive characteristics. The product is created from spring wires with round, flat, square or profiled sections.

We have a variety of powerful coiling machines available in all size ranges.

All machines are equipped with electronic measurement, control and sorting equipment. Additionally, we have equipped some machines with camera measurement technology.

We have the most modern facilities for the grinding spring ends, some with fully automatic feeding. Likewise, facilities for cold settings, hot settings and a wholly owned power control and fatigue testing equipment exist in our facilities.

Springs are manufactured in wire diameters from 0.10 mm to max. 12 mm, round and profile materials; in all spring materials and special alloys.Baudrand New Tech would like to inform all potential and existing customers that a second hand universal spring coiling machine with electronic control is now available for sale.

The WAFIOS Ful 10 machine, which is in very good working condition (see pictures and video), is able to process wire from ø 8.0mm to 16.0mm.

Nitrogen Gas Generators

Parker nitrogen gas generators produce high purity nitrogen from compressed air, eliminating the inconvenience of delivered nitrogen supplies. Nitrogen can be produced at low dewpoints from nearly any compressed air supply. Our range is designed to continually transform standard compressed air into nitrogen at safe, regulated pressures by utilizing pressure swing adsorption (PSA) technology. Our nitrogen gas generators are suitable for use in a variety of applications, serving across many of today's major industrial markets including manufacturing, tire inflation and analytical instrument applications.Get more news about jual nitrogen generator,you can vist our website!

Parker Balston Membrane HFX Series Industrial Nitrogen Generators will produce 95 to 99% pure, commercially sterile nitrogen from a standard compressed air supply at dewpoints to -58°F (-50°C)

How VPSA Oxygen Generator Work
HYT-CVO VPSA oxygen generator provides dependable oxygen supply to meet a broad range of requirements.
The CVO generator uses adsorption technology to separate atmosphere air into its two principal components - nitrogen and oxygen. Oxygen, at your specified purity, is provided to your application at the required pressure, and the waste stream (impure nitrogen, water and carbon dioxide) is vented to the atmosphere.
The CVO generator adopts Li-LSX ZMS, which maximizes efficiency and significantly reduces energy requirements, regarded as the low-cost oxygen source

Aerotech launches ACT linear actuator series

Aerotech's has unveiled its new ACT series of linear actuators, featuring ultra smooth brushless linear servomotors, sub micron level encoder feedback and heavy duty linear guide bearings. The devices are designed for demanding, high throughput/high accuracy positioning applications for parts handling, assembly, dispensing, pick and place, non contact inspection and scanning.Get more news about linear drive,you can vist our website!

Available in widths of 115, 140 and 165mm, the modular ACT series is designed to provide the capability for higher production throughput and improved accuracy in comparison to ball screw and belt driven alternatives. According to the company, it offers maximum speed to 5m/s and acceleration to 5g. It has a travel range from 100mm to 1.5m.

Users can select from a range of complete positioning systems, with price and performance matched to requirements. These include uncertified, certified or HALAR interferometer calibrated accuracy grades and a choice of power performance through a forced air cooled motor option. There are also alternative cable management systems and flexible mechanical interfacing options ranging from single and X-Y axis configurations through to multi axis systems with dual parallel axes in gantry positioning styles.

The series utilises Aerotech's direct drive U-channel linear servomotor technology, designed to bring smooth performance with no cogging due to its non magnetic forcer coil. With zero backlash and zero friction, the company claims the 320VDC linear motor permits outstanding performance, as well as smooth velocity and positioning control.