11 best forex trading books to read in 2024

There are lots of currency trading books available and some are better than others. On this page you’ll find the best forex trading books to read in 2024
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Updated: May 15, 2023
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We asked our forex trading experts to recommend their best trading books and you can find out which ones they suggested in this guide. Each forex trading book has been ranked and reviewed for the specific subjects they cover. Read on to find out what are the best forex trading books to read in 2024.

The 11 best forex trading books for 2024

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  1. Currency Trading for Dummies
  2. Forex Trading: The Basics Explained in Simple Terms
  3. A Beginner’s Guide to Day Trading Online
  4. The Little Book of Currency Trading
  5. Technical Analysis of the Financial Markets
  6. The Art and Science of Technical Analysis
  7. The Candlestick Course
  8. The Visual Investor
  9. ICT Trading: The Secret Power Of Three (PO3) 
  10. The Art of Currency Trading
  11. Currency Politics

Best forex trading books for beginners

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Currency Trading for Dummies

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Currency Trading for Dummies is one of the best forex trading books for beginners. Originally published in 2011, it has been updated in recent years by Brian Dolan and Kathleen Brooks, two currency experts from Forex.com. The book follows a similar style to many other ‘for dummies’ publications and is an easy read for anyone new to the FX space. 

The beginner-friendly forex book covers everything from the basics of currency trading to advanced trading strategies and provides a well-rounded understanding of how the forex market works. Its practical tips and advice make venturing into the world of forex a smooth experience.

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Forex Trading: The Basics Explained in Simple Terms

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As its name suggests, Forex Trading: The Basics Explained in Simple Terms breaks down some of the complexities of forex trading in a straightforward and easy-to-understand way. The book’s author, Jim Brown, explains how to trade the currency market in a language that beginners can understand.

Forex Trading: The Basics Explained in Simple Terms covers all of the basics of forex trading. You’ll learn about currency pairs, how to analyse market trends, and manage risk. There are also many practical tips and strategies that can be implemented immediately. 

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A Beginner’s Guide to Day Trading Online

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A Beginner’s Guide to Day Trading Online is a top-rated forex trading book for newbies wanting to learn how to day trade. Written by Toni Turner, the book is a comprehensive guide that explains the essentials of day trading in a concise manner. 

It includes much of the same information as our list’s other beginner-friendly forex books. However, there are lots of practical examples and case studies that make the book an excellent choice for anyone wanting to learn how to master lower time frame analysis. 

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The Little Book of Currency Trading

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The Little Book of Currency Trading by Kathy Lien is an excellent resource for beginners who want to learn the basics of forex trading. The book is an Amazon best seller with hundreds of positive reviews and is written by a veteran in the retail forex space. 

While reading The Little Book of Currency Trading, you’ll learn how the currency market works, which pairs are best to trade, and discover effective trading strategies that can be implemented into your own trading. 

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Best forex trading books for technical analysis and charts

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Technical Analysis of the Financial Markets

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There are many books about technical analysis, and Technical Analysis of the Financial Markets by John J. Murphy is one of the best. It’s a comprehensive guide to technical analysis and includes a wide range of topics, from charting patterns to indicators and even trading psychology. 

The book details technical analysis and what tools and techniques to use for the best results. There are dozens of practical explanations for applying TA to the forex market, and you’ll learn how to interpret market trends to identify trading opportunities. 

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The Art and Science of Technical Analysis

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One of the best-rated forex trading books and a valuable addition to any trader’s library is The Art and Science of Technical Analysis. The book, written by Adam Grimes, goes beyond technical analysis and provides a deeper understanding of market behaviour. 

You’ll be provided with a framework for analysing price movements, market trends, and how to use indicators to help. There are many techniques for developing effective trading strategies and tips for managing psychology that can influence your trading decisions. 

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The Candlestick Course

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Steve Nison’s The Candlestick Course is probably one of the best books on Japanese Candlesticks and is particularly good for traders interested in price action trading. The book is a comprehensive guide to Japanese Candlestick charting techniques, which are tools for analysing price movements and market trends. 

In the book, you’ll learn how to read and interpret candlestick charts and identify specific patterns that can help analyse price movements. There is also information on advanced techniques, such as trading with multiple timeframes and using candlestick signals to confirm trends and reversals. 

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The Visual Investor

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Another book by John J. Murphy features on our best forex trading books for technical analysis list, this time, The Visual Investor. Many traders highly recommend the book; it covers various topics, including technical analysis, chart patterns, and indicators. 

One of the book’s best features is its use of visual aids to explain complex technical concepts. There are lots of chart diagrams helping readers visualise market trends and patterns, making it easier to identify trading opportunities. 

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ICT Trading: The Secret Power Of Three (PO3) 

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ICT Trading: The Secret Power Of Three (PO3) Concept Used By The Inner Circle Traders And The Banks is a book on the trading strategies used by Micheal Huddleston, a famous forex trading mentor who also goes by the Inner Circle Trader, or ICT for short. 

The book is written by James Davis, a student of ICT and focuses on the PO3 (power of three) concept, which is a technical analysis approach that Huddleston uses in his own trading. The book clearly explains how the strategy works and can be implemented into your daily routine. 

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Best forex trading books for everyone

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The Art of Currency Trading

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Brett Donnelly is a renowned trader with decades of experience, and his book, The Art of Currency Trading, is a must-have for any aspiring forex trading. The book covers a wide range of topics, making it a great choice for traders of all levels. 

It provides a comprehensive guide to forex trading with technical and fundamental analysis covered. There are even sections on psychology and risk management in addition to Donnelly’s own trading experiences and insights. 

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Currency Politics

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Currency Politics is not a trading book per se, but it is an excellent read for anyone interested in understanding how currencies impact the global economy. The book provides valuable insights that can be applied to your trading strategies. 

Currency Politics explores the historical and political factors that have influenced the development of international monetary systems. Frieden explains how currencies play a role in international trade and finance and examines how exchange rates impact economic growth. 

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What type of forex trading book should I buy?

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The type of forex trading book you should buy depends on your goals and your experience level. If you’re a new trader, then the books we’ve listed as best for beginners are your best options. If you’re already experienced and want to brush up on your skills, then the best forex trading books for technical analysis may be best. 

Are forex trading books worth it?

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Yes, you can learn a great deal from reading forex trading books. Many of the best forex trading books are written by traders who have years of trading experience behind them. Reading top-rated forex trading books, such as the ones we’ve reviewed on this page, can greatly speed up your learning and set you on the right path to profitability.



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Prash Raval
Financial Writer
Prash is a financial writer for Invezz covering FX, the stock market and investing. For over a decade he has traded spot FX full time while... read more.