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

Description

Play the forex markets to win with this invaluable guide to strategy and analysis Day Trading and Swing Trading the Currency Market gives forex traders the strategies and skills they need to approach this highly competitive arena on an equal footing with major institutions. Now in it's third edition, this invaluable guide provides the latest statistics, data, and analysis of recent events, giving you the most up-to-date picture of the state of the fast-moving foreign exchange markets. You'll learn how the interbank currency markets work, and how to borrow strategy from the biggest players to profit from trends. Clear and comprehensive, this book describes the technical and fundamental strategies that allow individual traders to compete with bank traders, and gives you comprehensive explanations of strategies involving intermarket relationships, interest rate differentials, option volatilities, news events, and more. The companion website gives you access to video seminars on how to be a better trader, providing another leg up in this competitive market. The multi-billion-dollar foreign exchange market is the most actively traded market in the world. With online trading platforms now offering retail traders direct access to the interbank foreign exchange market, there's never been a better time for individuals to learn the ropes of this somewhat secretive area. This book is your complete guide to forex trading, equipping you to play with the big guys and win―on your own terms. Understand how the foreign currency markets work, and the forces that move them Analyze the market to profit from short-term swings using time-tested strategies Learn a variety of technical trades for navigating overbought or oversold markets Examine the unique characteristics of various currency pairs Many of the world's most successful traders have made the bulk of their winnings in the currency market, and now it's your turn. Day Trading and Swing Trading the Currency Market is the must-have guide for all foreign exchange traders. Review: Good Read! - This is a great book. I read several times. My trading improved substantially! Review: Great book for Forex and Even Equities Traders - 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. The latter portion of the text is focused on detailed currency profiles of the world's leading currencies. Lastly, this book was published in 2015 and in this edition the most current issues, trends, and relevant material are discussed. Kathy Lien is a great trader as well as author, and I was able to purchase this book at a discount of around $25 from its list price, and I am glad that I did. 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.