Recommended books for FOREX trading!?

Question

I am learning FOREX as fast as possible with little money to spend on learning. What courses in college can I take and what books should I read? I am really interested in indicators and oscillators. So please help here?!?!!!

Also, Whats the difference between indicator and oscillator?

Answer 1

if you really want to learn, then learn in using really experiance, this is the site that you can try forex with out putting any money on it : http://www.earn2p.blogspot.com

Answer 2

Hi,

   An oscillator is an indicator . Indicators  follow prices.

   Since indicators are lagging instruments, why dont U

   concentrate on prices .

   The 1st book you must read  :

   Trade Your Way To  Financial Freedom by: Van K.Tharp.

    Take it from there Jack!!!!!!

    Rgds..............

Answer 3

Technical Analysis of Financial Markets by John Murphy is the kind of the basis book for people learning Tech analysis.

Its written for stocks but it applies to all trending markets. including FX.

You will learn all the common indicators for anaylsis and how to use them.

An oscillator is a type of indicator, its an indicator that indicates the CHANGE in price movement and it indicates overbought and oversold conditions. Examples of oscillators are RSI and Stochastics.

Congrats on learning this yourself rather than getting scammed by someone selling unprofitable systems, you will have higher odds of success, if you dedicate yourself.

Answer 4

I saw some forex books on this page ,they trade the forex markets there.

Answer 5

Focus more on fundamentals than technical analysis. Economic news analysis is what moves the markets.

Here is a free site that shows what has happened after economic news releases:

http://www.forexnewspatterns.com