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11 of 11 people found the following review helpful
on 5 June 2011
This book is about Technical Analysis in general, but Forex traders should still read it. I mention this because many Forex traders won't buy books without Forex in the title.

The author explains in simple to understand terms the basics for understanding charts, using indicators, trade management and setting up a plan. All without being overly simplified or a lot of filler mumbo jumbo. For a Dummies book, I didn't feel like it was being "dumbed down".

This is an excellent reference book that you can keep beside you when you are doing chart analysis. If you are new to trading and want to really learn what you need to know about technical analysis then this is the book for you. It will teach you the basics and give you a good platform to continue your research and knowledge gathering. It will also arm you with enough knowledge to avoid a lot of the scams out there.

She is very honest about the fact that there is no perfect system, but by following this book through you can choose the tools you need, understand and believe in to give you the best chance at making good trades.

Buy this book; the risk/reward is in your favor.
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7 of 7 people found the following review helpful
Overall a great book which filled many gaps in my trading knowledge. Every chapter had an AHA! moment. It starts off by building a good foundation of the basics before getting into the advanced analysis. The only thing that lets it down is the charts and diagrams. I was expecting full page colour charts with labels etc every other page but the diagrams are very poor little black/white scribbles which are sometimes hard to read. Some chapters have 5-10 or more pages of text at a time with no accompanying charts/diagrams which left me struggling to imagine what the author was trying to put across. In the 'Bringing it all together' chapter where indicators are combined the charts were a mess and really needed to be full page colour affairs.
Also towards the end there's a chapter on trading strategies but it got quite vague and the author never says which ones she uses. There was no killer 'this is the best indicator combination' to use for trend/swing trading either which left me with even more questions after i finished the book. Also the candlestick chapter is very short and just seems to be a teaser to get you to buy the other book (i've just ordered the candlestick for dummies as its only £6.86) and there's nowhere near enough emphasis on pivot point trading. Overall a good buy for the money
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7 of 7 people found the following review helpful
on 29 August 2011
Like most for dummies books I think it does a great job in introducing you to the topic and leading you onto more advance resources. I don't think this book is enough to start trading in the worlds financial markets but I do believe its a key stepping stone to being able to do so. I think that unlike some of the other for dummies books I have read I think that all the information in this book has a use.
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5 of 5 people found the following review helpful
on 26 October 2011
Much easier to get to grips with this subject than other books I have read. Not to say it's easy and never will be. To successfully trade stocks and Forex is a challenging business. If it were easy everybody would be doing it and making millions. Have good hope that the info contained in this book will do the business.
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4 of 4 people found the following review helpful
on 9 April 2013
Covers all the basics that a newbie needs to know before they start trading for real money.
Some sound advice,which could save you a lot of money chasing dreams that some traders/educators try to sell.
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3 of 3 people found the following review helpful
on 4 April 2013
A good intro to the field of technical analysis which enables the layman to start trading with considerable knowledge and confidence.
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1 of 1 people found the following review helpful
on 22 April 2012
Originally I wanted to look up a theory, googled it and one of the results was an extract from this book. I was very impressed with what I read so purchased the book

It is an excellent book. The technical content is explained in a very straight forward way. The author is cautious and critical about the various theories and encourages readers to think first. This book is more thorough / academic than I would expect from the series. I would recommend this to anybody interested in investment.
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on 4 February 2014
Overall I found this book to be very well written and easy to understand. If you are already familier with technical Analysis you may be able to refresh using this book, but if you have limited or no knowledge of technical analysis this book would be an ideal starting point.
The only improvement I would make to this book, would be to add a few more diagrams, as this can help with explainations.
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3 of 4 people found the following review helpful
on 20 February 2013
I just loved the book !

Dummies have a unique book structure - you can skip any part and jump to some other part with minimum hassles. Their tags like Tip, Remember, Warning etc makes easy to read.

I recommend this book for anyone who wants to begin with Technical Analysis. This would speed up your journey and lands you to a good level where you can take decisions your own.
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on 21 March 2014
If you are new to trading or spread betting,as I am, buy this book. It has lots of good sound information on reading charts and will help you make the right decisions.I've had the book for about 3 months now and it works for me - money well spent.
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