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

By Kathy Lien

Book Overview

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.

• Format: Paperback
• Language: English
• ISBN: 1119108411
• ISBN13: 9781119108412
• Release Date: December 2015
• Publisher: Wiley
• Length: 288 Pages
• Weight: 0.90 lbs.
• Dimensions: 0.6" x 7.3" x 9.1"

Customer Reviews

Day Trading & Swing Trading the Currency Market

It's great book! Kathy explained in detail the important of timing, include which currency pairs to trade in different time zone. This is very valuable information to traders who stay in Asia, like me. I recommend this book for active traders. TS - Singapore

Excellent Book on Currency Trading

I was reluctant to purchase this book because i feared this one would be as many other books i have bought before: tutorial on basics, with examples that are hard to follow. I was wrong but i am giving it a four star because the one area i believe is very important to discuss stop-loss management she was not very helpful - still better than most books i read - for that i think you need to read Agustin Silvani's book. Aside from that this book is an excellent instruction book on swing and day trading. The book very succintly explains the preparation for the trading day and the two strategies you can follow: fundamental or technical. Although i don't use some of her strategies i do use a couple and am in the process of designing my system for the others. I think the three chapters 8,9 and 10 are worth the price of book by themselves.

Must read for any FOREX Trader

Unless you are a professional financial analyst dedicating hours of research to the currency markets this book is a must read. (even if you are an analyst, you'll want to read this book). Just buy the book, and read it, then read it again. This is some complex stuff, Kathy provides a forum to understand the FOREX market and what moves it and how to trade it. Trading strategies with entry and exit rules for long and short positions. Terrific work!

Excellent read on Forex

As always, this was an excellent read, Kathy. I've been following your blog for some time and you've always got some information that I've utilized in my trading. Can't wait for the next one!

Excellent update to Kathy's first book, a "must get" for all forex traders

Kathy's first book on daytrading the currency markets is a landmark; this updated version expands on it by adding new content for trading news plays, how to time a turn (pivot), and following flow (institutional money flow). Kathy's a brilliant forex strategist and trader, and along with Boris, the two of them are great resources to learn from. Highly recommended. I'll be telling my 8100 traders that this is a "strong buy"; all of Kathy's training (particularly how to use correlation tables to identify strongest-paired moves) are a superb addition to any currency trader's library. Great job as always, Kathy! Ken Calhoun, Pres. DaytradingUniversity