Published on October 18, Bulk purchases Discounts for bulk purchases and there are premium editions available.
Customers who bought this item also bought
Customers who bought this item also bought. Harriman House; Reprint edition April 28, Language: Don't have a Kindle? Share your thoughts with other customers.
Write a customer review. There was a problem filtering reviews right now. Please try again later. One person found this helpful. Increase my knowledge in that area. Sure, the strategies are listed. However you never know how to trade them. If you're expecting a book with a specific method for making a profit in Forex, this is not the one. However, you get a lot of good information about the strategies. Not how to profit from them with a specific system, but a lot of good information.
I have read over 10 books on forex trading and this is quite possibly the best one I've purchased. I wish I would have found it before the other ones as then I would have saved a lot of money.
I think one of the primary reasons trading strategies don't work out is because the trader applied the wrong strategy during certain market conditions. Grace Cheng's book covers different strategies to use for different market dynamics. It details how a trader can apply these strategies and it tells you what sort of market conditions the different strategies work best in - and best of all, it does it clearly and concisely. You still need to think for yourself, but this makes it a whole lot easier to plan your trade and trade your plan!
The groundwork that's been done is right on. Actually, I was aware of Grace Cheng before purchasing this book and just like another reviewer, I didn't have a very positive impression of her because her Web site looks kind of funky. Don't let that deter you from reading this outstanding book.
This book literally taught me not to judge a book by its cover. If you read it and really apply your learnings to developing a strategy that is suited to your trading style, you'd understand just how valuable the strategies detailed in this book are. I am writing this review to help in determining if someone should purchase this book because I was fortunate enough to get access to the book and look through it.
The book mainly describes multi candlestick patterns that are used for trading decisions. These include patterns such as pennants, head and shoulders etc. If I recall, there is only one strategy that is not like this, and this is a carry trade strategy.
I do not doubt that there are persons that trade these strategies but these strategies are described for free online in a way that is similar to how this book outlines them. If you are new to trading and would like to learn some fundamentals without spending a lot of time online, this is a good book since a trader who has never heard about double bottoms would be ill-equipped to hold a conversation.
However, if you know this type of info already OR are looking for an detailed strategy, then this is not the book for you. Pesavento is not that book either but it is better in that the strategies are more suitable for the manual trader or the person looking to add a few high probability strategies to his repertoire. This book is for new traders, not for anyone having already looked at any forex or TA materials before.
It is very basic. However, the book is well written, and free of mistakes or false hopes. Therefore it is good for a completely new trader. I was disappointed because the book does not deliver the front cover message: Real and actionable techniques for profiting from Only the last strategy the news is detailed and really actionable as is, though it is very basic and well-known.
It does not give much details or new things in the other chapters. I was disappointed by the sentiment strategy. It is just not a strategy! Well, I was not expecting a strategy based on sentiment, but something really clear to establish a sentiment. The content of this chapter is very limited extreme COT reading and news, action divergence. The trend riding is just: Also, use your common sense and sentiment bias to know if you should take the trade or not. Most people already know that.
The difficult part is indeed finding the common sense and a reliable sentiment! The fade breakout is very similar to the trend riding extremely similar! If you want to have a look at the table of contents, go to Amazon UK, it is available there.
Grace Cheng highlights seven trading strategies, each of which is to be applied in a unique way and is designed for differing market conditions. She shows how traders can use the various market conditions to their advantage by tailoring the strategy to suit each one.
This revealing book also sheds light on how the FOREX market works, how you can incorporate sentiment analysis into your trading, and how trading in the direction of institutional activity can give you a competitive edge in the trading arena. This invaluable book is ideal for new and current traders wanting to improve their trading performance. Filled with practical advice, this book is a must-read for traders who want to know exactly how they can make money in the FOREX market.
Media Coverage Media Review "A well-written, interesting and easy read, with some excellent trade examples. Media Review Book Review: Media Enquiries If you'd like to get in touch with the author for interview or comment, or you'd like a review copy of this product, please contact us at pr harriman-house. Rights For information on available rights, please contact rights harriman-house. Bulk purchases Discounts for bulk purchases and there are premium editions available.
Please contact specialsales harriman-house. Titles Titles by category eBooks New releases Coming soon.