3 Responses to “mastering foreign exchange & currency options: a practical guide to the new marketplace”

• By Henry T. K. Hau on Mar 12, 2010

  Claims to be a practical guide but is padded out with useless chapters on history and economics. The chapters on practical topics come very late in the book and are by comparision very short and deficient in explanations. Almost no coverage of operational topics, so “practical” only in the front office sense and I have found better material for free on google.
  Rating: 1 / 5
• By J. Brooks on Mar 12, 2010

  After reading almost 50 books on the Forex Market and trading the markets live for a few years, I decided that Ms. Taylor’s Mastering Foreign Exchange and Currency Options: A Practical Guide to the New Marketplace is the one Forex Book I would take with me if forced to select one. Why? Because it is the only book to somehow comprehensively cover topics as diverse as Currenex, the application of Technical Analysis to FX, Buy Side vs. Sell Side FX Dealer dynamics, Corporate Treasury Hedging, and of course a fairly essential history of both the economics of foreign exchange and the fundamentals relevant to trading it. The book is only 380 pages and most certainly does meet the needs of entry level traders. Intermediate traders or professionals will certainly find topics covered which prompt an occasional: ” I didn’t know that !”. Again, Ms. Taylor has given us the essentials of both the theoretical dimensions of Foreign Exchange pricing both Spot, Futures, and Options AND the nitty, gritty incidentals of how the technology works to make the market happen. What most books on Forex fail to do – this book does achieve. Few Forex primers squarely place Spot Forex into the Inter-Bank context where it belongs. Few books adequately integrate information about Corporate Treasury concerns with the nature of Central Bank Intervention. Trading Forex on the Retail level without understanding CLS or the Flow Information available through Currenex is like Racing Nascar without knowing how to change a tire. Ms. Taylor’s book achieves this through the gift of being able to simplify, coordinate, and render the essential of a topic without loss of rigor or information. Usually books achieving this are a dense read, but this book is not – and that is the work of a great teacher.
  Rating: 5 / 5
• By A. Ikeda on Mar 12, 2010

  This book has a well written chapter on the economics of foreign exchange. This books’ chapters on e-foreign exchange and innovations in e-fx are rather useless for the beginner and also outdated.

  The chapters on technical analysis and the individual trainer are short and to the point. It’s good information but not enough ‘meat’ to assist the individual to make better trades. More or the same information can be found in other books that also explain in more details.

  There are several chapters that are mainly written for large institutional traders which I didnt find very useful other than getting a ‘birds-eye’ view from their position.

  In my opinion, this book is more for intermediate traders but I wouldn’t recommend it to beginners.
  Rating: 3 / 5

Name (*)

E-mail (*)

Url

CAPTCHA Code *

Spam Protection by WP-SpamFree

Message