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7 Winning Strategies for Trading Forex: Real and Actionable Techniques for Profiting from the Currency Markets

7 Winning Strategies for Trading Forex: Real and Actionable Techniques for Profiting from the Currency Markets

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Author: Grace Cheng
Publisher: Harriman House Publishing
Category: Book

List Price: £19.99
Buy New: £11.74
You Save: £8.25 (41%)



New (15) Used (5) from £11.74

Rating: 4.0 out of 5 stars 4 reviews
Sales Rank: 57559

Media: Hardcover
Pages: 260
Number Of Items: 1
Shipping Weight (lbs): 1.2
Dimensions (in): 9.2 x 6.5 x 1.1

ISBN: 1905641192
Dewey Decimal Number: 332
EAN: 9781905641192
ASIN: 1905641192

Publication Date: June 25, 2007
Availability: Usually dispatched within 1-2 business days
Shipping: International shipping available
Condition: Brand New. Shipped from UK Mainland. Delivery is usually 3 - 4 working days from order by Royal Mail, International Delivery is by Airmail.

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  • Technical Analysis for Dummies (For Dummies (Lifestyles Paperback))

Customer Reviews:

3 out of 5 stars Very general book   August 9, 2008
Peter Dolinaj (London, UK)
3 out of 4 found this review helpful

This is very general book with several general strategies how to trade, but definitely not enough to be a good trader. I can recommend another one "Forex Patterns and Probabilities" which is way better.


3 out of 5 stars Basic but usefull   July 21, 2008
A. El Sherif (London UK/Cairo Egypt)
About a third or more of this book explains how the forex market works and not how to trade the forex market. The author talks about pip gain and simple calcualtions. She also explains simple things like long/short orders. It goes on from interbank market to currency volatility and liquidity. Breif discussion of money managment. A lot of empty pages. The author explains how she had to cancell lunch because of a trade. The book goes on about self discipline and emotions, which is very important but only if you are a new trader. I think this book really lacks material.

I mean if you are a new trader then this book is a must. However, if you are already trading and looking to improve your skills and gain more insight into technical analysis tools; then this is not for you. Even the strategies are quite simple.

It has the following strategies:

Breakout fading - Using resistance and support levels
Breakout trading - Using bollinger and triangle formations.
News Trading Strategy - No comment
Carry trade - Trading in favour of Intrest rate return.

There is a very breif explanation of MACD, RSI and Stochastics.

This is not a book that will teach you a new and different trading style. It will rather introduce you to the concept of a trading strategy and pave the way for further reading. All you need is a very basic knowledge to understand eveything that she is talking about. You just need to know about candlesticks before reading this book.



5 out of 5 stars Another Brilliant book.   July 14, 2008
Dr. Pedro L. Moran-Raschio (Milton Keynes, UK)
2 out of 3 found this review helpful

This is another star in my bookshelf, I am practicing some of the strategies reccomended, this is quite important book in my view to do forex. This book open my mind about the most important strategies to follow with forex, no doubt a game for the most refined speculators.


5 out of 5 stars Did not expect it to be that good....   December 4, 2007
Syd (London)
13 out of 16 found this review helpful

Well, if you a new trader like me, has no or very little idea about market, technical and fundamental analysis then this book has some really good learning techniques. The good thing I like about this book is that it is to the point, and only has 7 techniques, using simple yet powerful technical analysis tools ...

I have read many other books and highly recommend buying currieries for dummies - a must book that every new trader should have.

I would say that you must read it before getting into LIVE trading.


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