Possibly the best forex trading book I've read!
I have read over 10 books on forex trading and this is quite possibly the best one I've purchased. I wish I would have found it before the other ones as then I would have saved a lot of money. 7 Winning Strategies is a very practical guide to improving your chances at success in the forex market. I think one of the primary reasons trading strategies don't work out is because the trader applied the wrong strategy during certain market conditions. Grace Cheng's book covers different strategies to use for different market dynamics. It details how a trader can apply these strategies and it tells you what sort of market conditions the different strategies work best in - and best of all it does it clearly and concisely. You still need to think for yourself but this makes it a whole lot easier to plan your trade and trade your plan! The groundwork that's been done is right on.
Actually I was aware of Grace Cheng before purchasing this book and just like another reviewer I didn't have a very positive impression of her because her Web site looks kind of funky. Don't let that deter you from reading this outstanding book. This book literally taught me not to judge a book by its cover. If you read it and really apply your learnings to developing a strategy that is suited to your trading style you'd understand just how valuable the strategies detailed in this book are. More detail ...
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