Veteran Forex Trader Alexander Wee Gonzales Launches First Book "The Art of Forex" to Encourage More Traders to Master the Forex Chart
By Marian Alice E. Meñez
February 16, 2025
"Forex is an Art as it is a Science"
“The Forex industry is a scam.”
“Forex is just like gambling.”
These are common misconceptions that many beginners have about Forex trading. While these beliefs are understandable due to the presence of aggressive sales tactics and unethical marketing schemes, they do not reflect the true nature of Forex trading. In reality, Forex trading is a data-driven discipline backed by scientific methodologies.
Forex trading is about betting whether one currency will be stronger or weaker than another. It is often associated with numbers and charts, but the interpretation of the data varies from person to person.
If Forex were a coffee drink, it would be a black brewed coffee with milk—a blend of objective analysis and subjective interpretation.
Mr. Wee Gonzales Explaining in Simple Terms How Forex Trading Works
For seasoned trader and educator Alexander Wee Gonzales, Forex trading is both an art and a science. Mr Wee Gonzales is a Forex trader and Finance instructor with over a decade of experience in the financial markets.
He is the co-founder of well-known Forex trading academy, The Thirty Minute Trader. He is also a Third Batch Certified Technical Analyst (CTA). He currently serves as the Director of Product Development for The Thirty Minute Trader and is now the author of The Art of Forex.
Mr. Wee Gonzales’ Inspiration Behind The Art of Forex
The Forex education industry today is riddled with influencers who sell "magic" strategies and advanced indicators promising quick and easy results. While these strategies may work for experienced traders, they often fail to deliver consistent results for beginners – even though the new traders are the primary target of these influencers.
New traders, who lack foundational knowledge, are often misled into thinking that these tools will guarantee profits. Instead, they become overly dependent on software and shortcuts, preventing them from developing essential skills.
They become an inconspicuous crutch that discourages beginner traders from actually putting in the work to learn about Forex and refining their raw skill. Moreover, there is an element of subjectivity in Forex trading; there is no one gold strategy that would produce the same results for everyone.
This counterproductive approach of making traders dependent on these secret strategies or advanced tech trading programs led to a massive number of beginners losing money.
Mr. Wee Gonzales with his book The Art of Forex
These were the insights that Mr. Wee Gonzales formed after 4 years in the Forex education industry. This birthed a bud of inspiration that grew and grew over time – leading him to write a book that would help aspiring traders and beginner traders to develop and refine their raw skill of reading the Forex chart.
He envisions more independent traders with solid Forex trading skills and who do not need to heavily rely on external tools. This vision was the foundation of The Art of Forex.
The Art of Forex Book Launch Event
Mr. Wee Gonzales Sharing His Insights on Trading
The Day of the Book Launch
The official book launch took place on October 12, 2024, at Virspacio Coworking Spaces in Ortigas City. Mr. Wee Gonzales presented an insightful discussion on how to master Forex chart reading.
During his presentation, he explained why popular trading strategies often fail and shared personal experiences from his early trading days. He detailed the evolution of his own strategies, highlighting the lessons he learned as both a trader and educator.
Mr. Wee Gonzales greeting his first guests
Engagement with the Audience
He proceeded to share the lessons he gained from his years of experience as a Forex coach. He highlighted the importance of Chart Vision – reading and interpreting the Forex chart with precision – then showed sample Forex charts where he gave the guests a short tutorial. He then proceeded to the Q&A portion where many of the guests were eager to get their questions answered.
Ending Photo Op with the Organizer and the Guests
A Warm Reception from Traders
Following the presentation, attendees eagerly lined up to purchase The Art of Forex and have their copies signed. The energy of the crowd was quite high and they beamed bright as Mr. Wee Gonzales signed the copies they bought.
Others were already asking for the release date of a second volume, a book that tackles more in-depth Forex strategies. The Art of Forex book launch ended with a photo-op, from solo photos with Mr. Wee Gonzales to group photos.
The guests left with the book in their hand and many valuable insights from Mr. Wee Gonzales.
The Art of Forex
Conclusion
The Art of Forex is a great book for traders, especially beginners. It will guide you to build and hone your chart reading skill, not only through the concepts and techniques taught in the book but also through the practice exercises that were prepared.
Having a good grasp of the basics will solidify your foundation and make the succeeding Forex strategies easier to learn and apply. It may take time to absorb the lessons, but it will definitely be worth the effort because once you master reading the Forex chart, all the other lessons and concepts you’ll learn afterwards will be much easier.
Your confidence in yourself as a trader will also grow because you will find yourself relying more on your own skill rather than having a shallow understanding of what’s going on in the market based on magic strategies.
While reading the book, you will realize how Forex is a paradox of both subjectivity and objectiveness, hence making it a beautiful blend of art and science.
As Mr. Wee Gonzales has said in his book, there are no two traders that trade in the exact same way. He hopes that through his book, aspiring traders will discover their own unique trading styles so that they can become successful in Forex trading on their own terms.
Start Your Forex Journey Today
Learn Forex trading the proper way today. The Art of Forex is your guide to developing strong chart-reading skills and becoming a confident trader.
Get your copy at: xanderweegonzales.com
