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Getting Started in Forex Trading Strategies

Average Customer Rating: (based on 6 reviews)

(4.5 stars vs. 4.0 category average)

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Recommendations by Profile:

Casual Trader
6 of 6 		100%
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0 of 0 		0%
Expert Trader
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All Traders 6 of 6 100%

Recommendations by Usage Length:

A month or less
1 of 1 		100%
1 - 3 months
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3 - 6 months
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6+ months
3 of 3 		100%
All Traders 6 of 6 100%

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Description: (view full)

Written in a straightforward and accessible style, Getting Started in Forex Trading Strategies is a highly visual guide to foreign exchange trading that introduces you to the Codex Method-a proven process that allows you to tailor a trading strategy to your own personal preferences. Divided into four comprehensive parts, this reliable resource opens with a brief overview of traditional FOREX strategies. From here, author Michael Duane Archer outlines his own personal codex-as he guides you through the process of developing yours-and reveals how to use this approach to make, monitor, and exit a trade. Along the way, Archer reveals the best ways to implement your strategy and discusses the importance of consistently keeping trading records.

Single Review: (view all 6 reviews)

pipmadias
pipmadias

Casual Trader

real content

6/5/2009

4 of 4 customers found this helpful (100%)

Pros:
None
Cons:
None
Bottom Line:
Yes, I would recommend this to a friend
Quote:
I like the way Mr. Archer introduces the topics in his book. The introduction alone has aroused my interest to continue reading. I’m really impressed because he had discussed almost all the important details even at the very beginning. As for the ‘real’ content, I found the actual input of ideas very organized so they are all easy to understand. I’ve also noticed that he provided lots of charts and illustrations. Readers will surely enjoy reading about forex trading because pictures always add more ‘visual’ information to any discussion. Although the author is not a big fan of technical indicators, I find the book to be somewhat on the technical side but a little heavy on the psychological teachings. I give this book the highest rate – 5-stars!
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