Day Trading the Currency Market: Technical and Fundamental Strategies To Profit from Market Swings (Wiley Trading) (Repost)
Day Trading the Currency Market: Technical and Fundamental Strategies To Profit from Market Swings (Wiley Trading) By Kathy Lien
2005 | 121 Pages | ISBN: 0471717533 | DJVU | 4 MB
2005 | 121 Pages | ISBN: 0471717533 | DJVU | 4 MB
MINUSES: 1.Useless first two chapters. Everybody knows that facts. 2.Some big mistakes. For example, page64 -European session ends 12PM, not AM! 3.Many repeated sentences, facts, ideas. 4.Lien calls(implicitly) all short-term traders about fools... 5.Useless advices about trading journals, commodity prices, bond spreads. 6.This book is more for long-term traders. 7.Bad-looking charts. 8.Advertisements for some mystic FXCM risk reversals(How it works, Lien?!). 9.Useless technical trading strategies. Strategies are ONLY(!) for long term traders. In some strategies she suggests to wait more than one MONTH(!) to get normal profit!(Imagine- how much money you must have to stand all retracements?!) 10.Fundamental strategies? Where?! I did not see those! There is only some basic text about carry trade, news trading. (And, Lien, where are trading setups?!) 11.Weak, very basic chapter about "unique characteristics". PLUSES: 1.Excellent chapter about "best times to trade". 2.Good chapter about correlations (but it could be better!).