Spread Betting the Forex Markets

David Jones first became involved with forex and spread betting in 1995, going on to work as a currency technical analyst in the late 1990s covering a wide range of currency pairs. He has worked in the spread betting industry for the past six years, for the two leading companies in this sector.He is currently Chief Market Strategist at IG Index and is a regular interviewee on the BBC, CNN and CNBC. He has always been involved in client education and over recent years he has been involved in creating and running a wide range of educational programmes for both private and institutional investors.

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• About the author Preface Introduction Part One - The Basics Spread Betting - The spread bet price - Time frames for trading - Trading in terms of pounds per point - The different contracts available and margin trading - Example of a trade Forex Explained - Background of the forex market - What is a currency pair? - The most traded currencies - Quoting conventions and terminology - Strength and weakness in forex - What moves the forex market? - The mechanics of trading forex - Why forex has become such a popular market Managing Risk - Position Sizing - Stop losses - managing the risk of being wrong - Risk versus reward - is the trade really worth doing? Technical Analysis Part Two - Trading Strategies Support and Resistance - Support and resistance - Example 1 - Support and resistance - Example 2 - Support and resistance - Example 3 - When support/resistance levels are broken... Trends and Trend Following - Examples of trending markets in forex - How to draw trend lines - Trend following - Example 1 - Trend following - Example 2 Indicators - A More Mathematical Approach to Trading - Relative Strength Index (RSI) - A twist on RSI - spotting divergences ...And Finally Index