JAMES CHEN, CTA, CMT (Montville, NJ) is Chief Technical Strategist at FX Solutions, a leading foreign exchange broker. An expert on forex trading and technical analysis, he is also a registered Commodity Trading Advisor (CTA) and a Chartered Market Technician (CMT). Mr. Chen writes daily currency analysis, leads forex trading seminars, and has authored numerous articles on currency trading strategy and technical analysis for major financial publications. These include Forbes.com, Futures Magazine, Technical Analysis of Stocks and Commodities Magazine, and Stocks, Futures and Options (SFO) Magazine.
Essentials of Foreign Exchange Trading (Essentials Series) Features
- Notes: BUY WITH CONFIDENCE, Over one million books sold! 98% Positive feedback. Compare our books, prices and service to the competition. 100% Satisfaction Guaranteed
- Condition: New
- ISBN13: 9780470390863
Price: $26.37
User Reviews about Essentials of Foreign Exchange Trading (Essentials Series)
This is the best book I have read since beginning my Forex educational journey two years ago. James Chen tackles many different areas related to trading the FX and sets them fourth in an easily understandable manner. I came away from the book with a much broader understanding of what it takes to be a successful trader in the Spot Forex market and can not wait to get my hands on his next book, Essentials of Technical Analysis for Financial Markets. -- A Great Place To Start Building A Solid Forex Foundation
I read through this book at the request of a friend who is beginning to trade Forex. Since I have been doing it for a long time, I was glad to help.
This book can easily be reviewed in a few lines.
If you are completely new to Forex and basic trading, this will give you a VERY general, basic and at times vague whole picture of trading in the Forex world. After you have read this book, you will be left scratching your head saying - Well, that was dandy...but what do I do now? So, yes, you will need to spend more money on further resources to expand upon what is mention here. The deepest, most important topics average 1 to 3 pages spent on them.
Trading is not something that comes easily or quickly. There is no ONE single source that will cover everything. No one should expect that or complain that they did not get it.
You have 2 options with this book -
You can skip it and utilize the internet. There are great sites and free resources. But how long will it take you to gather all of that up and sort it out? First stop - Google babypips.
If you are more inclined to sit by the fireplace and read, then this is the book for you considering it is only $26 here. It does cover all the important bases to give you the whole, BUT NOT IN DEPTH, picture.
If you have read a beginner's book, are familiar with Forex or trading...SKIP THIS BOOK. It can offer nothing to you. -- A good beginner book - YOU WILL NEED MORE HELP
Got into currency trading a few months ago and just finished reading this book. Its been a big help in getting me up and running. Has pretty much all you need to understand the forex market and become more comfortable trading. I highly recommend it. -- A Big Help!
I ordered this book from Amazon shortly after it came out last year along with a couple other books on trading. Since then, I've also sent it as a gift to some of my friends who were struggling with the often frustrating currency markets. I never got around to writing a review on this book until now, but after having read through it at least twice in its entirety I can say that it has helped me tremendously in understanding how forex works and has made me more comfortable with allocating some of my money to trading forex. While most of my money is still in futures and commodities, most notably gold, my activity in currencies has increased a lot. This book has been a great help in getting me comfortable with the forex market and its trading methods. -- Forex Essentials
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