Thursday, October 27, 2011

Little Book of Currency Trading by Kathy Lien

As the book title 'little' this is indeed a very brief intro in the world of forex - a lot of anecdotal stories and not many strategies to speak of.

The book's chapter titles will tell u the cliche'd nature of the writing - chapter 3 A's to Z of forex, chapter 6 - investor vs trader, chapter 11 top 10 mistakes.

There are 20 pages of decent writing - and it's about the bollinger bands and a strategy that I have actually never seen before.

Chapter 8 which covers value investing strategy based on the double bollinger bands and Chapter 9 which covers trading the news.

Chapter 8 is a good strategy to have in your arsenal, and this one chapter pretty much will make your 10 bucks a worthy investment. Chapter 9 is fairly similar to all the other trading news strategies out there, with her own opinion of how you should take trades based on how strong the prevailing sentiment is.