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Forex Litterature. Any recommendations?

  • #1
  • First Post: Oct 13, 2005 1:33pm Oct 13, 2005 1:33pm
Hi everyone,

I would like to improve my basic understanding of forex trading and have thus decided to throw myself at written books. You can read a lot of stuff online but there is something different about a real book. I would like to ask you experienced traders what kind of books you would recommend a newcomer like me? A title and just a couple of quick remarks about them would be greatly appreciated.

Thank you so much!
Always wait for the opportune moment… just be careful not to miss it.
  • #2
  • Oct 13, 2005 1:59pm Oct 13, 2005 1:59pm
Quoting fxvision
Hi everyone,

I would like to improve my basic understanding of forex trading and have thus decided to throw myself at written books. You can read a lot of stuff online but there is something different about a real book. I would like to ask you experienced traders what kind of books you would recommend a newcomer like me? A title and just a couple of quick remarks about them would be greatly appreciated.

Thank you so much!
Merlin booklist can be found here:

http://www.forexfactory.com/index.php?page=contest

Btw, this is not an off-topic thread, but it seems that we are so happy with the new Members' Lounge

Thanks,

Nader
  • #3
  • Oct 13, 2005 2:13pm Oct 13, 2005 2:13pm
Quoting fxvision
Hi everyone,

I would like to improve my basic understanding of forex trading and have thus decided to throw myself at written books. You can read a lot of stuff online but there is something different about a real book. I would like to ask you experienced traders what kind of books you would recommend a newcomer like me? A title and just a couple of quick remarks about them would be greatly appreciated.

Thank you so much!
Anything that James16 posts. Also highly recommend an ebook called"Bird Watching in Lion Country" a book that has helped me tremendously. A very good and easy read.
  • #4
  • Oct 13, 2005 2:37pm Oct 13, 2005 2:37pm
Technical Analysis for Dummies by Barbara Rockefeller is a pretty good one for those who aren't great at math (like me) and need help wrapping your head around the technical side of Forex. The downside is her book is geared a little more towards stock analysis, but it's still pretty helpful.

I also have read Forex Made Easy by James Dicks, it has some pretty good information in it but it also seems biased towards advertising his own company. I'm still a greenhorn so some of the others may have some better recommendations.
It's a one-way ticket to a madman situation.
  • #5
  • Oct 13, 2005 4:34pm Oct 13, 2005 4:34pm
Quote
Merlin booklist can be found here:

http://www.forexfactory.com/index.php?page=contest

Btw, this is not an off-topic thread, but it seems that we are so happy with the new Members' Lounge

Thanks,

Nader
Thanks. I think I missed that one...

I will take a look at all your suggestions.
Always wait for the opportune moment… just be careful not to miss it.
  • #6
  • Oct 13, 2005 10:18pm Oct 13, 2005 10:18pm
I have a fx book for sale, Forex Trading for Maximum Profit - The Best Kept Secret off Wall Street. It is has very high reviews on Amazon.com. However,
I'm selling it because it mostly a technicians book - I'm more into fundamentals. I'll let it go for 40 bucks incl. postage - includes CD. If anyone interested, reply to me privately. I thought I would offer it to forexfactory members before
selling it on e-bay. I have a 100% feedback rating (mmills12a). I also have a fx course from currency college that includes 2 booklets and 8 cd-roms, I'll sell for $75 incl. postage.
  • #7
  • Oct 14, 2005 12:07am Oct 14, 2005 12:07am
I have that one. It's by Raghee, right?

I think 40 bucks is a bargain :-)
Always wait for the opportune moment… just be careful not to miss it.
  • #8
  • Oct 14, 2005 2:00am Oct 14, 2005 2:00am
Try and get a hold of the e-books Rob Booker put out. I think they are an easy, simple yet excellent read.
  • #9
  • Oct 21, 2005 10:00pm Oct 21, 2005 10:00pm
I would only add: "Trading in the Zone" by Mark Douglas - Check Amazon or Barnes & Noble.


Pipbull
  • #10
  • Oct 24, 2005 7:59am Oct 24, 2005 7:59am
One source I've found for the books most recommended on the forums is the local university librarys. I live close to Purdue University and found that I could get a free visitors card as a resident of Indiana. The Kranart Business School Library has a LOT of books on trading, charting, candlesticks and psychology. Most Steve Nison books, John Murphy, Ganns and Mark Douglas' Trading in the Zone. Best of all it's free. Three week checkout periods and unlimited renewals. They have all the holdings on their web site and I can do renewals from home...very convenient.
David
  • #11
  • Last Post: Oct 24, 2005 3:20pm Oct 24, 2005 3:20pm
Start here...
http://www.trading-naked.com/Articles_and_Reprints.htm

If you like CCI (which is used by most of the successful scalpers) - start here
http://www.woodiescciclub.com/index.html

Cheers,
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