FXstreet.com

10

0

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

Tue, Dec 9 2008, 09:07 GMT
by FXstreet.com Team

FXstreet.com


About the Author

Kathy Lien photographKathy Lien is the Director of Currency Research at GFT (Global Forex Trading). She is responsible for providing research and analysis for GFT, including technical and fundamental research reports, market commentaries and trading strategies. A seasoned FX analyst and trader, prior to joining GFT, Kathy was working with FXCM, also she was an Associate at JPMorgan Chase where she worked in Cross Markets and Foreign Exchange Trading. Kathy has vast experience within the interbank market using both technical and fundamental analysis to trade FX spot and options. She also has experience trading a number of products outside of FX, including interest rate derivatives, bonds, equities, and futures. She has a Bachelors degree in Finance from New York University.

Kathy has written for Stocks and Commodities, CBS Market Watch, activeTrader, Futures and SFO Magazine. She is frequently quoted on Bloomberg and Reuters and has taught seminars across the country. She has also hosted trader chats on EliteTrader, eSignal, and FXstreet.com sharing her expertise in both technical and fundamental analysis.

Book Synopsis

In only a few short years, the currency/foreign exchange (FX) market has grown significantly. With institutions and individuals driving daily average volume past the $3 trillion mark, there are many profitable opportunities available in this arena—but only if you understand how to operate within it.

That's why Kathy Lien—Director of Currency Research for one of the most popular Forex providers in the world—has created Day Trading and Swing Trading the Currency Market, Second Edition. Written for both the experienced and aspiring trader, this updated guide outlines the essential elements of the FX market and reveals the latest trends, data, and strategies that all traders, particularly day and swing traders, need to be aware of in order to excel in this fast-moving field.

After an engaging introduction to how the foreign exchange market has evolved over the last few years and a look at some of its historical milestones, this book quickly moves on to address the innovative trading insights that will enhance your profitability within today's FX market. Page by page, you'll becomefamiliar with:

  • New technical trading strategies, which include how to trade news, effectively time market turns, and capture new shifts in momentum
  • Proven fundamental trading strategies, which involve trading off commodity prices, fixed income instruments, and option volatilities; as well as intervention-based trades and macro event-driven trades
  • The unique characteristics of each major currency pair—from when they are most active to what drives their price action
  • Trading through different market conditions, by first profiling a trading environment and then applying specific indicators for that environment
  • And much more

Both informative and accessible, the Second Edition of Day Trading and Swing Trading the Currency Market goes far beyond what other currency trading books cover. It delves into consistently critical questions such as "What Are the Most Market-Moving Indicators for the U.S. Dollar" and "What Are Currency Correlations and How to Use Them," while touching on topics like "How to Trade like a Hedge Fund Manager" and "The Impact of Seasonality in the Currency Market" that could give you a distinct edge in this competitive arena.

Filled with proven trading strategies as well as detailed statistical analysis, the Second Edition of Day Trading and Swing Trading the Currency Market will help you achieve unparalleled success in the most actively traded market in the world.

A word from the writter

The second edition of Day Trading the Currency Market has been released!
If you liked the first edition, you will love the second.
I have added 3 new trading strategies and 4 new chapters and updated many sections.
New Trading Strategies:

  • How to Trade News  
  • How to Time a Turn
  • How to Follow the Flow

PLUS

  • Tips on How to Trade Like a Hedge Fund Manager
  • Taking Advantage of Seasonality in the Currency Market
  • New Cross Market Correlations

Book Details

  • Hardcover: 304 pages
  • Publisher: Wiley; 2 edition (December 3, 2008)
  • ISBN-10: 0470377364
  • ISBN-13: 978-0470377369
  • Product Dimensions: 9.1 x 6.2 x 1.3 inches

Click the image below to purchase this book
Day Trading and Swing Trading the Currency Market book cover

FXstreet.com  | Portaferrissa 7, 1r 2a, Barcelona 08002, Catalonia - Spain
http://www.fxstreet.com | forex@fxstreet.com


Related reports

Being Honest With Yourself by The Trader's Journal
Mon, Nov 23 2009, 15:43 GMT

Trading Broadening Top/Bottom Patterns by The Trader's Journal
Mon, Nov 23 2009, 15:28 GMT

Currency Corner by YourTradingEdge
Wed, Nov 18 2009, 16:23 GMT

Video Interview with Ashraf Laidi: What is essential to know when you are choosing a broker? by FXstreet.com
Tue, Nov 17 2009, 17:48 GMT

Lessons from the Pros - The Broad Market - Have We Seen the Bottom of the Commercial Real Estate Market? by Online Trading Academy
Tue, Nov 17 2009, 13:26 GMT

book, profit, education, strategy

View All

Related content


Interested in forex trading? forex brokerage firms!


FOREX.com
Contact the broker/FDM
Open a demo account
ACM Advanced Currency Markets SA
Contact the broker/FDM
Open a demo account
FXDD
Contact the broker/FDM
Open a demo account
Capital Market Services, L.L.C.
Contact the broker/FDM
Open a demo account
Forex Capital Markets, LLC (FXCM)
Contact the broker/FDM
Open a demo account

GET CASH BACK FOR YOUR TRADES!   Learn more about the Pip Rebate Program

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.

Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

©2009 "FXstreet.com. The Forex Market" All Rights Reserved.