Day Trading and Swing Trading the Currency Market: Technical and Fundamental Strategies to Profit from Market Moves
$22.02
| Author(s) | |
|---|---|
| Pages |
295 |
| Format |
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| Published Date |
2009 |
Day Trading and Swing Trading the Currency Market 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.
Introduction:
Here’s a brief road map to whet your appetite on the topics covered in this book: Learn about why the FX market has exploded over the past three years and the advantages that the FX spot market has over the more traditional equities and futures markets—something that the most seasoned traders of the world have known for decades.
Book covers Bretton Woods, the end of the Bretton Woods, the Plaza Accord, George Soros and how he came to fame, the Asian financial crisis, the launch of the euro, and the bursting of the technology bubble.
This Book was thrown in to keep traders from losing sight of the bigger picture and how these longer-term factors on both a technical and a fundamental basis will always come back into play regardless of the shorter-term fluctuations. Day Trading and Swing Trading the Currency Market outlines the typical trading activity of major currency pairs in different time zones to see when they are the most volatile.
Contents:
- Foreign Exchange—The Fastest-Growing Market of Our Time
- Historical Events in the FX Market
- What Moves the Currency Market in the Long Term?
- What Moves the Market in the Short Term?
- What Are the Best Times to Trade for Individual Currency Pairs?
- What Are Currency Correlations and How Do Traders Use Them?
- Seasonality—How It Applies to the FX Market
- Trade Parameters for Different Market Conditions
- Technical Trading Strategies
- Fundamental Trading Strategies
- How to Trade Like a Hedge Fund Manager
- Profiles and Unique Characteristics of Major Currency Pairs
Day Trading and Swing Trading the Currency Market: Technical and Fundamental Strategies to Profit from Market Moves By Kathy Lien pdf
19 reviews for Day Trading and Swing Trading the Currency Market: Technical and Fundamental Strategies to Profit from Market Moves
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Danna Hensley (verified owner) –
Broad view of topics….lots of detail on the economic elements related to FX trading. Many technical indicators discussed in detail with examples. Worthwhile read..
Zoey Perry (verified owner) –
Great for book to learn about the fundamentals of forex trading
Simone Lloyd (verified owner) –
Way overpriced. There’s nothing in this book that can be used profitably in today’s markets.
Valentin Henderson (verified owner) –
This book has invaluable information to improve your trading, technical and fundamental. I’m sure I’ll re read this book every year.
Raphael Young (verified owner) –
I really liked the introductory part, where it deals with the basics of trading and summarizes the main economic theories regarding exchange rates. I liked the part about practical strategies less, I highly doubt they could actually allow anyone to make money. How can you take a cue from some of these.
Salvador Collins (verified owner) –
The author have long term experience from inside the market. She works and has experience. This book not just give theory like other books. It is from the author long and real life experience. It’s worth the money.
Waylon Ayers (verified owner) –
For aspiring traders, “Unknown Market Wizards” and “High Probability Trading by Marcel Link”, “One Good Trade” can give you much higher ROI for your precious time.
Jorge Crane (verified owner) –
A brilliant, masterful book by an incredibly talented woman.
Nathalie Ingram (verified owner) –
Good material and perspective on the markets from a non retail view.
Samira Rodriguez (verified owner) –
As an apprentice of currency trading I was delighted to have gotten so much useful information in such a ompressed manner. Although there are some incongruences in some of the exposed info, I definetly recommend giving this one a go.
Addisyn Koch (verified owner) –
I am rating a two star, may be unfair to the author. But there is one thing: forex trading is shark infested waters. A newbie trader pays $20-$30 for a book for advice and by taking the incorrect (rosy) advice, he/she may end up losing 100x-1000x of that amount. Advice is expensive in any leveraged trading.
I would recommend “Beating the Forex Dealer” which gives a more realistic picture about forex trading. I bought Kathy’s book to learn some of the trading setups in the book, but after I read the 1st chapter, I think I am going to take the book with a grain of salt. I may look at the setups in the book, but won’t be trading them until I really see them working in real trading.
Also some of the information about futures trading is outdated or biased. For example, it is said that in futures trading a client often calls a broker to place a trade and sometimes it takes more than 1/2 hour to fill an order. That never happened to me while I traded less than $1B futures contracts.
To be fair, the author knows every aspect of forex trading, so there is a lot to learn in the book. However, be cautious when you take the advice offered in the book.
Zaire Lynn (verified owner) –
Great book all forex traders. Well organized throughout. Early chapters provide an insight into the currency market and its relationships with the equity and commodities markets, as well as driving forces within the forex market. The core of the text focuses on technical and fundamental trading strategies. I found Lien’s technical strategies particularly useful as advanced techniques and I have not read of them elsewhere in other books, making them a valuable asset in a traders arsenal.
Hopefully future editions of this book will include a currency profile for China as well as a conclusion section that recaps the most critical and recent current events shaping the forex market as well as any other pertinent remarks, pointers, concluding statements, etc.
Kian Duffy (verified owner) –
Kathy Lien certainly is an expert in Forex Trading with tremendous knowledge and experience. She is a highly respected FX trading expert in the Forex Trading World. I was so excited to read this book.
It took me quite sometime to realize that there are lots of mistakes in the first half of the book. For example, she was describing the market condition of the EUR/USD performance, but the chart was the JPY rate chart. Either the proofreading is not doing the job in finding the mismatch messages, or the editor did not care for the content.
Certainly technical indicators are no longer used by her, but they are part of the book in detail – WHY??
The trade setup checklist is good idea, but she failed to explain why and how to use it – Confusing!
Tripp Barton (verified owner) –
Double Bollinger Band trading strategy worth a hundred times + what book costs!
Henry Nash (verified owner) –
excellent book, very important info on currency pairs. Good info how predicting increased volatitly
Rylee Cobb (verified owner) –
Read the book in 4 days‼️
Kinsley Li (verified owner) –
I bought this book because it was recommended by another popular book on the subject of Day Trading. Although the book is expensive I found it was money well spent as it taught me a lot about the workings of the Forex market and what causes currencies to move. I would recommend this book to other currency traders.
Layne Fischer (verified owner) –
Well worth the effort to read this book from cover to cover, the author is able to elucidate complex macro concept in FA and TA in a very readable fashion without loss of continuity !
Must read for anyone wishing to have a go at Forex Trading.
Maria Roman (verified owner) –
I really liked this book. It’s very comprehensive and presents actionable strategies that a forex trader could incorporate into his trading.