×


 x 

Shopping cart
Jamie Saettele - Sentiment in the Forex Market - 9780470208236 - V9780470208236
Stock image for illustration purposes only - book cover, edition or condition may vary.

Sentiment in the Forex Market

€ 91.81
FREE Delivery in Ireland
Description for Sentiment in the Forex Market Hardcover. Crowds move markets and at major market turning points, the crowds are almost always wrong. When crowd sentiment is overwhelmingly positive or overwhelmingly negative it's a signal that the trend is exhausted and the market is ready to move powerfully in the opposite direction. Series: Wiley Trading. Num Pages: 196 pages, Illustrations. BIC Classification: KCBM; KFFM. Category: (P) Professional & Vocational. Dimension: 238 x 163 x 20. Weight in Grams: 388.
Crowds move markets and at major market turning points, the crowds are almost always wrong. When crowd sentiment is overwhelmingly positive or overwhelmingly negative ? it's a signal that the trend is exhausted and the market is ready to move powerfully in the opposite direction. Sentiment has long been a tool used by equity, futures, and options traders.

In Sentiment in the Forex Market, FXCM analyst Jaime Saettele applies sentiment analysis to the currency market, using both traditional and new sentiment indicators, including: Commitment of Traders reports; time cycles; pivot points; oscillators; and Fibonacci time and price ratios. He also explains how to interpret news coverage of the markets to get a sense of when participants have become overly bullish or bearish. Saettele points out that several famous traders such as George Soros and Robert Prechter made huge profits by identifying shifts in crowd sentiment at major market turning points. Many individual traders lose money in the currency market, Saettele asserts, because they are too short-term oriented and trade impulsively. He believes retail traders would be much more successful if they adopted a longer-term, contrarian approach, utilizing sentiment indicators to position themselves at the beginning points of major trends.

Product Details

Format
Hardback
Publication date
2008
Publisher
John Wiley and Sons Ltd United Kingdom
Number of pages
196
Condition
New
Series
Wiley Trading
Number of Pages
208
Place of Publication
New York, United States
ISBN
9780470208236
SKU
V9780470208236
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-50

About Jamie Saettele
JAMIE SAETTELE is the Technical Currency strategist at Forex Capital Markets LLC (FXCM) in New York. He has contributed to Technical Analysis of Stocks and Commodities magazine, SFO magazine, Futures magazine, and Investopedia.com. His technical strategy is published daily at DailyFX.com. A graduate of Bucknell University, Saettele is an active currency trader employing both discretionary and systematic approaches to the foreign exchange market.

Reviews for Sentiment in the Forex Market

Goodreads reviews for Sentiment in the Forex Market


Subscribe to our newsletter

News on special offers, signed editions & more!