Technical and Fundamental Strategies to Profit from Market Moves
Kathy Lien
LCSH: Foreign exchange futures. | Foreign exchange market. | Speculation. | BISAC: BUSINESS & ECONOMICS / Investments & Securities.
Book Details
Price
|
3.00 |
---|---|
Pages
| 291 p |
File Size
|
4,818 KB |
File Type
|
PDF format |
ISBN
| 9781119108412 (paperback) 9781119220107 (ePDF) 9781119220091 (ePub) |
Copyright©
| 2016 by Kathy Lien |
Kathy Lien is managing director of FX strategy for BK Asset Management and
co-founder of BKForex.com. As a financialmarket prodigy, she graduated from
New York University’s Stern School of Business at the age of 18. After graduation,
she joined JPMorgan Chase’s interbank foreign exchange trading desk. This early
start has given Kathy more than 15 years of experience in the foreign exchange
market. At JPMorgan, she helped to make markets in G20 currencies and later
moved to the bank’s cross markets proprietary trading group where she traded FX
spot, options, interest rate derivatives, bonds, equities, and futures.
In 2003, Kathy joined FXCM and started DailyFX.com, a leading online foreign
exchange research portal. As chief strategist, she managed a team of 10 analysts
dedicated to providing research and commentary on the foreign exchange market.
In 2008, Kathy joined Global Futures & Forex Ltd as director of Currency Research,
where she provided research and analysis to clients and managed a global foreign
exchange research team with analysts in the United States, London, and Japan. In
2012, she became an official CNBC contributor and served as a guest host for Money in Motion.
As an expert in G20 currencies, Kathy travels around the world teaching investors
to trade forex. She is often quoted in the Wall Street Journal, UK Telegraph, and Sydney
Morning Herald, and by Reuters, Bloomberg, Marketwatch, Associated Press, AAP,
and other leading news sources. She also appears regularly on CNBC US, Asia, and
Europe, and on Sky Business.
Kathy is an internationally published author of the best-selling book Day Trading
and Swing Trading the Currency Market; The Little Book of Currency Trading; andMillionaire
Traders: How Everyday People Beat Wall Street at Its Own Game—all published through Wiley.
Kathy’s extensive experience in cross-markets analysis, trading strategy development,
and predicting economic data surprises has made her known in the forex
community as the ‘‘queen of the macro forex trade.’’
Table of Contents
Preface ix
About the Author xi
CHAPTER 1 Foreign Exchange—The Fastest Growing Market of Our Time 1
CHAPTER 2 Historical Events in the FX Markets 17
CHAPTER 3 What Moves the Currency Market? 31
CHAPTER 4 A Deeper Look at the FXMarket 53
CHAPTER 5 What Are theMost Market Moving Economic Data? 61
CHAPTER 6 What Are Currency Correlations, and How Can We Use Them? 67
CHAPTER 7 Trade Parameters for Various Market Conditions 73
CHAPTER 8 Technical Trading Strategy: Multiple Time Frame Analysis 91
CHAPTER 9 Technical Strategy: Trading with Double Bollinger Bands 101
CHAPTER 10 Technical Trading Strategy: Fading the Double Zeros 111
CHAPTER 11 Technical Trading Strategy: Waiting for the Deal 117
CHAPTER 12 Technical Trading Strategy: Inside Days Breakout Play 123
CHAPTER 13 Technical Trading Strategy: Fader 129
CHAPTER 14 Technical Trading Strategy: 20-Day Breakout Trade 135
CHAPTER 15 Technical Trading Strategy: Channels 139
CHAPTER 16 Technical Trading Strategy: Perfect Order 143
CHAPTER 17 Fundamental Trading Strategy: Pairing Strong withWeak 149
CHAPTER 18 Fundamental Trading Strategy: The Leveraged Carry Trade 153
CHAPTER 19 Fundamental Trading Strategy: Macro Event Driven Trade 161
CHAPTER 20 Quantitative Easing and Its Impact on Forex 169
CHAPTER 21 Fundamental Trading Strategy: Commodity
Prices as a Leading Indicator 177
CHAPTER 22 Fundamental Strategy: Using Bond Spreads as a
Leading Indicator for FX 181
CHAPTER 23 Fundamental Trading Strategy: Risk Reversals 187
CHAPTER 24 Fundamental Trading Strategy: Using Option
Volatilities to Time Market Movements 191
CHAPTER 25 Fundamental Trading Strategy: Intervention 195
CHAPTER 26 Currency Profiles and Outlook 203
CHAPTER 27 Currency Profile: Euro (EUR) 213
CHAPTER 28 Currency Profile: British Pound (GBP) 223
CHAPTER 29 Currency Profile: Swiss Franc (CHF) 231
CHAPTER 30 Currency Profile: Japanese Yen (JPY) 239
CHAPTER 31 Currency Profile: Australian Dollar (AUD) 247
CHAPTER 32 Currency Profile: New Zealand Dollar (NZD) 255
CHAPTER 33 Currency Profile: Canadian Dollar (CAD) 263
Index 269
P R E F A C E
Day Trading and Swing Trading the Currency Market is one of the most popular books
for new and experienced forex traders. In the third edition, all of the content
has been updated with new chapters and strategies. After having taught seminars
across the country on how to trade currencies, I am repeatedly approached about
recommendations for good books on currency trading. Day Trading Strategies for
the FX Market addresses that need by not only providing technical and fundamental
strategies for trading FX, but also giving traders more detailed insight into how
the currency market works. This book is designed for both the beginner and
advanced trader. There is something for every type of reader. Aside from the
basic market overview, the book covers the best times to trade currencies, the
most market moving economic data cross-market correlations, and unique currency
characteristics just to name a few. For technical traders, there are strategies for both
breakouts and range trading that work particularly well in the FX market.