by Boris Schlossberg, B. Schlossberg
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| List Price: | $60.00 |
| Amazon Price: | $47.04 & eligible for FREE Super Saver Shipping on orders over $25. |
| You Save: | $12.96 (22%) |
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Product Description
Proven currency-specific trading strategies from one of today's top currency analysts
"If you trade currency, then you need to have this book on your desk. It's the only book you need for technical analysis of the fastest-moving market on the planet."
-Rob Booker, Currency Trader, W.R. Booker & Company
"In plain English, Schlossberg lays out the basics in using technical analysis to trade foreign currencies, from the fundamentals of how the FX market works to the variety of technical strategies and trade management techniques traders can employ. Along the way, he offers entertaining examples and observations as well as simple, easy-to-read charts and diagrams. Anyone interested in getting started in the hugely popular FX market would do well to begin with this book."
-Sarah Rudolph, Executive Editor, SFO Magazine
"Boris Schlossberg has done a fabulous job with this book. It's packed with insightful tips and strategies that are sure to save traders a lot of time and money."
-Cory Janssen, CoFounder, Investopedia.com
"Schlossberg's book is a great resource for traders just starting out in currency markets. His focus on simplicity is critical for a new trader's education on how to make money."
-Andrew B. Busch, Global FX Strategist, BMO Financial Group
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Average Customer Review:
1 of 1 people found the following review helpful:
 A lot of filler. An intro to forex book., 2008-03-01
You have to wait till chapter 10 before you see something unique to the book. The other chapters are spent talking about what you can read up on most forex websites. The last two chapters 9&10 are spent on know thy self, analysis, setups and strategy. The setups/analysis is mainly based on bollinger bands. Not exactly keen on Bollinger bands, so my interest was nil. If you are a complete beginner to forex, this book may be useful..maybe.
0 of 2 people found the following review helpful:
 Uncommon read, 2007-07-31
I was pleasantly surprised. I expected classic views, as state in the title, but in fact it has lots of specific info about forex trading and mechanics. I even liked the parts not related to TA more than that dealing with classic TA.
1 of 5 people found the following review helpful:
Offers a good sample of technical tools and how to use them, 2007-03-08
A good book if you are looking to day trade for longer term trading there are better resources. Boris has an aggressive style of trading with a propensity for damage control through positional reversal, it makes for an exciting day!
16 of 17 people found the following review helpful:
Show me the money!, 2007-01-15
Have you noticed that 99% of the time, technical analysis authors never backtest the systems they are writing about (or if they do they never reveal the results) ? This book is no exception. Well I am sick and tired of that nonsense! Where is the PROOF that the systems are profitable? How many pips profit (if any!) will the system generate per month on average? What is the worst drawdown? None of these issues are addressed in the book, even though it would take only minutes to backtest most of the techniques (setups as the author calls them) using software like Omega Trade Station!
In other words we are supposed to trade the systems presented in the book (and risk our hard-earned money) without even knowing if they are profitable or not in the long run.
I am not saying that this book is worthless, I just want the PROOF that these forex systems are indeed profitable and do not generate huge drawdowns in the process.
3 of 9 people found the following review helpful:
Very Good Forex Primer, 2007-01-09
I have been trading in forex for over 3 years, but hadn't really studied or made use of the technical tools at my disposal. This book gives a very good overview of all the forecasting tools that come with most trading platforms. Schlossberg stays objective about the advantages and drawbacks of each technique rather than pimping his own personal style, thus giving the reader the ability to review all the different tools and utilize the ones that work best for him.
Some of his examples and diagrams seemed to be counter-intuitive to what he was describing, so that was a bit of a drawback. I also would have liked to see more in-depth examples to show how a trader would look at each step in each technique rather than an all-inclusive chart showing every part of the example. That got a bit confusing at times.
Overall, though, I am very pleased with the book and the information it gives. It is objective, concise, and well prepared. I would recommend this book to anyone who is still trying to understand the forex forecasting tools that are available and how to use them.
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