What is the best Forex book for medium to advance investors?
Monday, May 25th, 2009 at
8:54 am
I want to get a book on Forex but I am not a beginner. I would like to learn better strategies.
Save your money, the only thing books will give you is the basics, nothing more, not in any ive read. Check out babypips.com they are very well known in the fx comunity, and anyone who is a serious trader knows of babypips, you will find more there for free than you will ever find in any books.
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Yeah i have been looking into Forex also and i found out that there are softwares that teach you and do alomst all the work for you
so if you are interested in that i stumbles upon a good site that reviews multiple Forex softwares here it is: http://www.reviewerkings.com/Top-3-Forex-Software-Review/index.html
as for book i wouldn't know i would stick to using a Forex software
hope this helped you
References :
http://www.reviewerkings.com/Top-3-Forex-Software-Review/index.html
You may check out this site for more options. Other than the reading materials, they have developed innovative tools available only to their traders like the "inside viewer" which allows you to see what the others traders are trading as well as see the popularity of a currency pair, the deal direction and structure of an open deal. The "trade controller" on the other hand gives you a clear and complete picture of all profit/loss scenarios. Plus,the "Freeze Rate" capability gives you the opportunity to ‘Freeze’ the Buy or the Sell rate that you see for a few seconds, irrespective of rate movements. This means that the rate you see and freeze is the rate you get (if indeed you decide to make the deal). During those ‘Freeze’ seconds, the Forex market could change, however – you are guaranteed to use the rate you have frozen, in case you wish to materialize it into a deal. All the best.
References :
http://www.optionforex.org
Here are some that I can recommend to you. Both are filled with good information that both beginning and experienced trader will find useful.
"Forex Patterns and Probabilities" by Ed Ponsi and "Day Trading the Currency Market: Technical and Fundamental Strategies To Profit from Market Swings" by Kathy Lien.
I have read both of these books. You will find gems in each of them that can only come from those with extensive experience in the Forex market.
I wish you continued success in your Forex trading.
References :
http://www.fxforexfx.com/forex-trading-books
Excellent question
http://www.trendfollowing.com/
I recommend this book to everyone.
Best Regards
LEVEL 3 Yahoo Answers Responder
Mark A. Mc Donnell, Owner
http://www.theforexheatmap.com
Monitors 20 Currency Pairs in Real Time and Verifies Your Entries
http://www.forexearlywarning.com/
Spot Forex Trading Plans for $19.95 per Month
"Stop doing what you want to do and start doing what the forex is telling you to do"
References :
Save your money, the only thing books will give you is the basics, nothing more, not in any ive read. Check out babypips.com they are very well known in the fx comunity, and anyone who is a serious trader knows of babypips, you will find more there for free than you will ever find in any books.
References :