Crowds move markets and at major market turning points, the crowds are almost always wrong. When crowd sentiment is overwhelmingly positive or overwhelmingly negative – it’s a signal that the trend is exhausted and the market is ready to move powerfully in the opposite direction. Sentiment has long been a tool used by equity, futures, and options traders. In Sentiment in the Forex Market , FXCM analyst Jaime Saettele applies sentiment analysis to the currency market, using both traditional and new sentiment indicators, including: Commitment of Traders reports; time cycles; pivot points; oscillators; and Fibonacci time and price ratios. He also explains how to interpret news coverage of the markets to get a sense of when participants have become overly bullish or bearish. Saettele points out that several famous traders such as George Soros and Robert Prechter made huge profits by identifying shifts in crowd sentiment at major market turning points. Many individual traders lose money in the currency market, Saettele asserts, because they are too short-term oriented and trade impulsively. He believes retail traders would be much more successful if they adopted a longer-term, contrarian approach, utilizing sentiment indicators to position themselves at the beginning points of major trends. Author: Jamie Saettele Hardcover: 196 pages Company: Wiley (2008-08-04) ISBN: 0470208236 List Price: $75.00 Amazon Price: $41.16 Used Price: $39.29
Have you ever wondered why currency exchange rates fluctuate? Would you like to make money from this fluctuation? If so, the FXCM Forex Course will get you started on the right track. Forex Capital Markets (FXCM) is the world’s leading forex futures commission merchant. As the leader of online currency trading, FXCM serves more than 55,000 accounts in more than 90 countries. To give even more investors the opportunity to profit from the fast paced, ever-growing forex market, FXCM has created the FXCM Forex Course. This dynamic course outlines the advantages of forex trading as well as provides insight into how to get started. After completing the course, you will have an excellent knowledge of what to trade and when to trade it, and you will know how to gauge the market. If you are interested in learning more about forex trading, Forex Trading Strategies by FXCM is the perfect supplement to this course. *Crash course in trading the 24-hour forex market *Overview of major currencies *Fundamental analysis for forex trading *Technical analysis for forex trading *Great potential for profit *48 Minutes *This video is in VCD format. It will play on both CD and DVD computer drives. It will also play in most DVD players check the manual to see if your DVD player is VCD compatible. DVD: CD-ROM, DVD-Video, Color1) Forex Capital Markets (FXCM) is the world’s leading forex futures commission merchant, 2) This dynamic course outlines the advantages of forex trading as well as provides insight into how to get started, 3) “Crash course in trading the 24-hour forex market *Overview of major currencies, 4) Fundamental analysis for forex trading *Technical analysis for forex trading, 5) Great potential for profit ,you will have an excellent knowledge of what to trade and when to trade it Company: Digivent.com (2005) List Price: $29.99 Amazon Price: Used Price: $14.99
The Forex Options Course is a practical, hands-on guide to understanding and trading forex options. Designed to build a trader’s knowledge base in a step-by-step manner, this reliable resource moves from the straightforward to the more sophisticated with discussions of everything from basic plain vanilla calls and puts to intriguing first-generation exotic binary options. Written in a straightforward and accessible style, The Forex Options Course will help you develop the skills and strategies needed to succeed in today’s dynamic forex market. Author: Abe Cofnas Paperback: 218 pages Company: Wiley (2008-12-10) ISBN: 0470243740 List Price: $60.00 Amazon Price: $31.90 Used Price: $30.50