forex is best

most. You may notice that others have a negative interest that is twice as much as their positive interest. All of this is part of the overall objective to keep the majority of traders focused on day trading which makes the most money for brokers.Read more ›

3.0 out of 5 starsgood look at forex market
By financeworker on January 10, 2006
Format: Hardcover
This work presents a fairly complete overview of the forex market, its major participants, currency pairs and how those pairs

its major participants, currency pairs and how those pairs are influenced and behave. In fact, there was more information about the forex market in general than I was anticipating

I had purchased the book, believing it was mostly geared towards strategies and techniques for trading the market on an intraday basis

There is one chapter, wherein Kathy gives some very good and reliable techniques for trading intraday, which are essentially built around the 4 Week

Rule of trading (a very reliable way of identifying new highs/lows and entering the market when a new trend--or existing trend--is breaking out,

, along with derivatives of that rule. Anyone who is unfamiliar with the rule can learn the particulars by doing an internet search or purchasing a book such as John Murphy's, Technical Analysis of the Financial Markets.

The small amount of material devoted to actual trading is the only reason I didn't give it more stars, but for someone new to forex trading in general, it would be worthy of more stars and a further look.

Desktop Reference
By Mercer King on December 12, 2005
Format: Hardcover
This book will be a worthwhile addition to the trader's library. After reading Ms. Lien's very thorough presentation

there should be few unanswered questions about how the currency market works and how to find profitable trading opportunities. The breadth of

currency market information is well beyond what I was expecting. Many of my questions were answered, including some that I didn't know to ask. My knowledge of this activity has increased significantly as a result.

Although written for traders, readers interested in the general subject will find it provides a good overview of what the currency market is all about.

Format: Hardcover
I am a bit disappointed from the fact that part of this book is just reprint from previously published FXCM course, but overall it's

a good reference for people that are in the beginning of their trading career. Kathy also describes several technical strategies for specific situations

but they do not constitute complete trading system. If you know what carry trade, CPI or PPI is, then you probably already know what this book is trying to explain.