The oil market has been manipulated to an extremely high degree for decades, both overtly and covertly, and given its enduring geopolitical importance that is likely to continue.
Traders need to understand the essential dynamics that drive the global oil market, offering as it does unparalleled opportunities to make returns over and above those of other markets. The oil market is also an essential part of trading FX, equities, bonds and other commodities.
Simon Watkins' book The Great Oil Price Fixes And How To Trade Them offers you the knowledge you need. It covers the history of the market, gives you an understanding of the players in the oil game, and provides a solid grounding in the market-specific trading nuances required in this particular field.
The essential elements of the general trading methodology, strategies and tactics that underpin top professional traders are covered with reference to how they can be used to trade in the oil market.
Here's what 'The Edge' finance and business magazine said about Simon Watkins' previous book, How To Make Big Money Trading In All Financial Conditions:
"The intricacies of trading are clearly explained in a logical sequence, augmented with many charts, and Watkins' smooth writing style keeps the reader engaged."
About the Author: Simon Watkins worked for many years as a senior Forex trader and is now a consultant to a number of the world's biggest hedge funds, so he is well-placed to pass on his expertise to you. He's written extensively on Forex, equities, bonds and commodities for many publications worldwide, including: The Financial Times, Euromoney, FX-MM, The Emerging Markets Monitor, Global Finance Magazine, World Finance Magazine and FTSE Global Markets.