I am a newbie to forex trading. Can someone recommend a few good books on Forex trading. Thanks. - Clearpicks
Sorry to plug Soros again (maybe someone will accuse me of being him) but the best reading I have ever done on currencies is in his book "The Alchemy of Finance".
The Alchemy of Finince The Money Bazaar The Vandal's Crown Trading in the Global Currency Market Elliot Wave Principle Applied to the Foreign Exchange Markets
Good book by Kathy Lien, Chief Currency Strategist of FXCM.com Day Trading the Currency Market http://www.amazon.com/exec/obidos/A...n-20?creative=327641&camp=14573&link_code=as1
I was curious what information exactly has enabled you to form the conclusion that it's a "good book"? It's not out yet. Or are you judging a book by its cover?
I picked up a copy at the Forex Expo in Las Vegas - They were selling them there also check out the review on piptopia.com by Rob Booker http://www.robbooker.com/blog/2005/11/21/kathy_liens_new_book.php
It is a good read and should be read by all of those who desire to be the elite 1% of all forex traders. It is written by Robert Balan, the Elliot Wave forex guru. In the 80s and 90s, he had a big following among interbank and private traders in forex. Back in '97, I remember discussing Robert Balan with a former currency trader from BNP who had come to join the same currency firm as me. The book is out of print though.
The following books are for those who have 1) an openmind 2) like to think 3) are willing to work hard and 4) would like to learn more about the Elliot Wave theory so they can add it to their arsenal: Fibonacci Applications and Strategies for Traders Elliot Wave Principle Mastering Elliot Wave The last book is a hard read. So read the first 2 and the book by Balan and if you like the Elliot Wave Theory, then read the last book. Remember, nothing worth having in life is easy and nothing worth having in life is free. Regards, Deptrai