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Kathleen Brooks on Forex: A simple approach to trading foreign exchange using fundamental and technical analysis Kindle Edition
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Top Customer Reviews
What is really refreshing about this book is that it's not written by an economist, financier or a trader who has clocked up a few million and fancies doing a bit of writing. She may well have clocked up a few million but that's not how she comes across in this very concise and well written book.
The book begins by setting out the historical conflict between the fundamental and technical approaches and how she came to the conclusion that both were valid and neither can really be used in isolation. Her writing is clear, easy to read and concepts are presented in simple terms. Part One looks at the aspects of fundamental analysis, as it applies to Forex, which she uses to get the high level direction using economic data such as Non-Farm Payroll, Purchase and Supply Manger Indexes, inflation data, GDP information and she then explains how she sees this data affecting currencies. Part Two looks at using technical analysis to time the trade, using basic candlestick patterns, MAs, Support and Resistance, Ichimoku clouds (although the jury is still out with me on this one!), MACD and RSI. Part Three then brings the two philosophies together using lots of examples.
Some might say that this book lacks the weight of the some of the major trading books that are available and that at 124 pages it's too short. My reply is that this is its appeal.Read more ›
Most Recent Customer Reviews
Super, great info for those looking for longer term trading.Published 7 months ago by Richard Georgiou
Don't feel like there is anything particularly new here but well written and easy to understand trading philosophies from someone in the know.Published 24 months ago by morrej05
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