Customer Reviews: Read 34 more reviews...
 Day Trading the Currency Market November 3, 2008
Allan Parson
1 out of 1 found this review helpful
This book was the first one I purchased about currency trading.
In short, this is the most useless book I've ever read. It does not teach the reader anything on this subject. 5% of useful info that's in the book one can grab from the web. Really, it's just a waste of money. And the price for this book is just outrageous. I'm planning to donate mine to the local library.
 Great overall guide, but not for somebody new to market altogether January 22, 2008
Charles C. Kao (Oakland, CA)
1 out of 1 found this review helpful
I found that this book was great for somebody getting into Forex Trading from day trading with equities. However, I would not suggest this book for beginners. I loved the history of Forex, and the book was great in terms of advice although she does often use terminology with no explanation of what it is e.g. nonfarm payrolls. If you want a book that moves slowly, this is also not a good choice. Do read this book with a good forex dictionary or access to the internet as you will need to look stuff up. Overall I liked this book alot as it was my first Forex book but I have read tons of books on stock and options trading. Best part is, that with the bear market now Forex trading is a much better option.
 Superficial at best... August 7, 2007
D. Gapkalov (Miami, FL, USA)
9 out of 10 found this review helpful
I just finished reading this book and after reading more than a dozen of books on forex and day trading I must say the book is a waste of money. Most of the topics in the book are covered superficially and the few trading strategies presented are poorly documented and contain errors.
Not so useful! July 14, 2007
M. Abdallah (Santa Clara, CA, USA)
8 out of 10 found this review helpful
In my search for good FX trading books, I found no good book yet, and this book is no exception. This book is poorly written, has no consistent flow, and it does not lead the reader anywhere. Just few areas I found somewhat interesting like correlation between pairs, and volatility as a function of time of the day, and that is why I gave it a rating of 2. Otherwise, 1 will be enough. Someday someone may write a good FX trading book that really respects the intelligence of the reader. Not all FX retail traders are losers!
 Superb resource for all active forex traders - highly recommended! June 3, 2007
Kenneth Calhoun (Colorado, USA)
7 out of 9 found this review helpful
Kathy Lien has written one of the most important "must have" books for active forex traders with "Day Trading the Currency Market".
Packed with practical insights and solid trading setups, she's written a superb book that's packed with useful trading how-tos, from one of the most respected forex authorities found.
Specifically, I found her correlation tables and volatility indices very valuable, as well as her step by step explanations of how to look for both fundamental as well as technical market-moving patterns. I'm recommending her book to all my Forex traders on my forexonfire dot com site, as excellent resources to own.
Additonally, she's provided superb explanations of how the mechanics of currency trading works, and the impact of various market opens, when and how to trade various technical chart patterns, and much more.
This book, along with Boris Schlossberg's excellent "Technical Analysis of the Currency Market", are the two best forex books on the market and are highly recommended.
Good trading,
Ken Calhoun
ForexOnFire
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