Foreign exchange trading books are a standard item on the shelves of any new or experienced currency exchange trader. These days they also come in electronic book form suggesting that they can be stored on a hard drive as well as on the bookshelf. Forex books can contain plenty of helpful info but there’s also a danger of over analyzing or being almost convinced to switch systems too frequently if we read too many of them. It is natural to want to try out what we are learning and it mostly appears that the latest thing we are hearing about will be the very best. By ‘the basics’ here we do not mean a system, but the language and elements behind the foreign exchange market – things that we want to grasp before we even start trying to trade. Most currency exchange books will then describe at least one trading technique. Others will target one system in depth, perhaps with one or two variations but fundamentally following one stream. In general we promote getting the second sort of guide so that you can focus on learning to trade in a selected way and explore all of the probabilities of that, rather than being encouraged to hop from one sort of system to another, which is a recipe for disaster.