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Day Trading and Swing Trading the Currency Market: Technical and Fundamental Strategies to Profit from Market Moves (Wiley Trading),   ISBN:9780470377369

     
  Day Trading and Swing Trading the Currency Market: Technical and Fundamental Strategies to Profit from Market Moves (Wiley Trading)

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Binding: Hardcover
Release Date: December 2008
Edition: 2
List Price: $70.00

Average Customer Rating:
Score = 4.0 Score = 4.0 Score = 4.0 Score = 4.0 Score = 4.0

ISBN-13: 9780470377369
ISBN-10: 0470377364
Author: Kathy Lien
Publisher: Wiley
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Summaries and Customer Reviews are supplied by Amazon.com

Summary:

Discover a variety of technical and fundamental profit-making strategies for trading the currency market with the Second Edition of Day Trading and Swing Trading the Currency Market. In this book, Kathy Lien–Director of Currency Research for one of the most popular Forex providers in the world–describes everything from time-tested technical and fundamental strategies you can use to compete with bank traders to a host of more fundamentally-oriented strategies involving intermarket relationships, interest rate differentials, option volatility, news events, and central bank intervention.

Customer Reviews:

Average Customer Rating: Score = 4.0 Score = 4.0 Score = 4.0 Score = 4.0 Score = 4.0

Those who can't... teach
Customer Rating:  Score = 1 Score = 1 Score = 1 Score = 1 Score = 1

The trading education market seems to be a lucrative field for such people. Considering that trading is a skill where if you can make $100 a day, you can scale up to $100,000 to $100 million a day with the same technique, same exact effort.

The fact that characters like this only seem to appear at trading seminars, trading expos, trading books, and other non-real trading events should inform you where their real profit center is. George Soros just bought half a billion in Gold ETF shares, would I trust his decision... absolutely. He is a real trader, has made billions trading, and last time I checked, he doesn't offer seminars or systems.

This book, along with the other series of products, is targeted to the most naive of traders. The ones who haven't figured out that in this business, if you know how to trade, you become a billion dollar trader... if you don't know how to trade, you become a guru and sell this kind of nonsense on the seminar circuit.

Many Forex Strategies
Customer Rating:  Score = 4 Score = 4 Score = 4 Score = 4 Score = 4

I've taken classes and actively trade the Forex market. Kathy's book contains many trading strategies and a simple example to explain how each strategy works. But like anything in Forex, you need to take the time to examine her strategy and "backtest, backtest, backtest" to see if it works for you. Her philosophy is to be consistent and go for hits, not go for home runs. As the saying goes; pigs get fat, hogs get slaughtered. I feel limiting risk is one of the keys to being a successful trader (which Kathy continually stresses); also trading with consistency and knowing why you make the trades you make. There are so many different strategies presented that you have to choose what fits your personal investing sytle. There are not chapters devoted to in depth explanations for any particular strategy, so if you want details you will have to do additional study. The book gave me several profitable strategies that I still use. I would recommend this book as ONE of several. With trading one is always learning.

Great Guideline to the markets
Customer Rating:  Score = 4 Score = 4 Score = 4 Score = 4 Score = 4

A great overview and good guideline to forex trading! Nice and quick to to read and simple to understand. some really good strategies and knowledge that is easy adaptable to my own style.
Good compendium on economic influences and models.
i enjoyed it!

Good book
Customer Rating:  Score = 4 Score = 4 Score = 4 Score = 4 Score = 4

I'm just learning to trade, and I've read a few books on the subject. This one is pretty good - I wasn't disappointed. Worth the money.

Day Trading & Swing Trading the Currency Market
Customer Rating:  Score = 4 Score = 4 Score = 4 Score = 4 Score = 4

It's great book! Kathy explained in detail the important of timing, include which currency pairs to trade in different time zone. This is very valuable information to traders who stay in Asia, like me. I recommend this book for active traders. TS - Singapore

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