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Essentials of Foreign Exchange
This currency trading book provides readers with real, practical information on how to trade the foreign exchange market effectively. It begins by covering introductory information on the forex market, including basic trading mechanics and the benefits of forex trading, and then goes on to describe specific currency trading methods and skills in step-by-step detail. This includes highly practical information on technical and fundamental analysis, risk and money management, and powerful forex trading strategies. These strategies have proven extremely effective in helping traders play the forex game to win. JAMES CHEN, CTA, CMT (Montville, NJ) is Chief Technical Strategist at FX Solutions, a leading foreign exchange broker. An expert on forex trading and technical analysis, he is also a registered Commodity Trading Advisor (CTA) and a Chartered Market Technician (CMT). Mr. Chen writes daily currency analysis, leads forex trading seminars, and has authored numerous articles on currency trading strategy and technical analysis for major financial publications. These include Forbes.com, Futures Magazine, Technical Analysis of Stocks and Commodities Magazine, and Stocks, Futures and Options (SFO) Magazine.
240 pages, Paperback
First published January 1, 2009
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Displaying 1 - 2 of 2 reviews
March 25, 2019
This book has the best technical analysis breakdown of ALL I've read so far. Teaches flags, pennants, wedges and others better than actual technical analysis-focused books.
Excellent coverage of other topics too (fundamental analysis, money management, etc).
Excellent coverage of other topics too (fundamental analysis, money management, etc).
July 23, 2016
This is a gentle introduction to the topic although it falls a little short in recognizing current trends in the FX trading world - more specifically the program trading aspects seem thoroughly underplayed.
Other than that, a more than necessary optimism seems to prevail in the book in favor of traders. The tyranny of delays and broker commissions are not highlighted as much as one should have wanted to. Still, this is a very readable introduction to the subject and I would recommend this to anyone would wants to get a taste of technical analysis of the FX market.
Other than that, a more than necessary optimism seems to prevail in the book in favor of traders. The tyranny of delays and broker commissions are not highlighted as much as one should have wanted to. Still, this is a very readable introduction to the subject and I would recommend this to anyone would wants to get a taste of technical analysis of the FX market.
Displaying 1 - 2 of 2 reviews