The Queen of Cash Kathy Lien

Discussion in 'Forex' started by Went Fishing, May 10, 2010.

  1. Kathy Lien has an article in investopedia on reading the US CFTC Commitment of Traders report.... In that article she also describes a simple Swiss Frank trading strategy ........ I was wondering if those topics were covered in any deeper detail in the second addition of her book "Day Trading the Currency Market: Technical and Fundamental Strategies to Profit form Market Swings" ...... I have only "looked inside" the book on Amazon, and can't really tell if the topic is covered at all...

    I'm sure someone read her book, is it in there ? Would you let us know ? Thanks

    Good trading
    <*)))><
     
  2. Surdo

    Surdo

    Kathy employs the "Smoke and mirrors trading method!"

    Buy the book used and find out for yourself. Or get Boris' pdf that has all of their strategies for free.
     
  3. i don't believe COT reports are useful since the reported data is after the fact and based
    on Open Interest, however i'm biased towards my own techniques that don't include
    volume - there's none available for spot fx, i'm aware of currency futures volume and
    many traders include it in various forms in their trading as do ES, Bond etc traders

    there's a couple of brokers that provide various reports/indicators that displays how
    various pairs are trading against each other including B/S positions, don't have the
    page for FXCM/DailyFX but here's Onada's: http://fxlabs.oanda.com/cgi/fxlabs.pl
    Oanda's 'FX Open Position Ratios' is a 'COT report' less options updated every 20min

    see also:
    http://www.investopedia.com/articles/technical/02/110602.asp
    http://www.google.com/images?um=1&hl=en&complete=0&tbs=isch:1&sa=1&q=euro+fx+cot+report&start=0
     
  4. After numerous attempts at using COT, there is just too much lag, Friday's data is Tuesday report c'mon. Tracking OI on daily basis a bit better.
     
  5. Totally hot!......She'll give you "Asian Fever". :cool:
     
  6. Kathy Lien is a fraud.

    So are the other FX pretenders.

    These people make money opening accounts for newbies, selling books & "advice", publicity, etc, etc.

    NOT from trading!
     
  7. So Kathy is then a "hot bookseller" ?
     
  8. Surdo

    Surdo

    Kathy and Boris are The Milli Vanilli of Fx trading.
     
  9. she looks really GEEKY
     
  10. Here's Kathy...

    <object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/w4qnM09shsU&hl=en_US&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/w4qnM09shsU&hl=en_US&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="385"></embed></object>
     
    #10     May 11, 2010