Posted on July 3, 2009 at 15:44 in Uncategorized by Wayne McDonellNo Comments »

You will find the following information below:

1.  Information about the FOREX Book Review Contest

2.  Some of the book reviews that have been posted.

 

1.  About The Book Review Contest

 

Help Other FOREX Traders & Win 3 Months of FX Bootcamp!

Click Here To Leave Your Review: http://www.amazon.com/Bootcamp-Guide-Strategic-Tactical-Trading/product-reviews/0470187700/ref=dp_top_cm_cr_acr_txt?ie=UTF8&showViewpoints=1

Please leave a helpful review for FX Bootcamp’s Guide to Strategic & Tactical FOREX Trading. A good book review should not only indicate that you enjoyed reading the book, but it should also state specifically how the book helped you improve your forex trading. “This is the greatest forex book in the world” does show your passion, but doesn’t really help a potential reader that much. “This book helped me enter trades with the trend, target exits in advance using pivot points and treat my trading as a business” is much more specific and helpful. Remember, the point of the book review is to help other forex traders.

FOREX Book Review Contest Details

The author of the most helpful book review will recieve a free 3 month membership to FX Bootcamp (a $899.85 valute).

Contest Rules:
1. A totoal of 100 or more reviews must be recieved by July 15th, 2009. (currently 31).
2. The book review should not “sales pitchy”.
3. The book review should clearly indicate how it helped your forex trading.
4. The book review should be detailed and specific, but no more than 250 words.
5. The book review must be accepted by and posted on Amazon.com (USA Site) If you post your review on Amazon.com in another country, please email me the link and, if nessasary, a translation.
6. I will select one that I like best. Amazon’s “Most Helpful” voting feature will be taken into consideration, so you can participate in the selection of the winner too.

Click Here To Leave Your Review: http://www.amazon.com/Bootcamp-Guide-Strategic-Tactical-Trading/product-reviews/0470187700/ref=dp_top_cm_cr_acr_txt?ie=UTF8&showViewpoints=1

 

2.   Acutal Book Reviews Posted

 

This book inspired me to follow my dream of becoming a trader, July 3, 2009

By  Andreas Rytz (Switzerland) - See all my reviews

The hardest part of trading is to manage your “self” - facing your emotions and your doubts. This book has helped tremendously by giving me confidence and a feeling of “I can do this”!

What really did it for me was to see how the author had to learn how to be successful on his own, with all the blood sweat and tears that come with becoming great at any subject. Only a person who walked the walk can talk the talk - or in other words, only a person that knows his or her subject from actual real life experience has something practical to teach.

Wayne McDonell is laying out precise steps of how to set up a trade plan and how to execute your plan successfully. He gives you a conservative (and therefore “relatively safe”) trading method that can be repeated again and again. Some of the practical things I’ve learned include how to set up your charts with the same indicators that he is using, how to interpret what the indicators are showing, and when to pull the trigger.

By experiencing that what is taught works and most importantly, by seeing that it is repeatable, I gained a new confidence. In here lies the greatest gift of this book, it gave me the conviction that “It can be done! It really is possible to make a life out of trading - because Wayne is doing it, and he can teach me how to do it too”! 

Complete Integration of Fundamental and Technical Analysis, July 2, 2009

By  Leonid Warguez (Singapore) - See all my reviews
(REAL NAME)   

I bought FX Bootcamp Guide to Strategic and Tactical Forex Trading last year by Pre-Order and ever since I got it, it’s my top book on Forex Trading for the following reasons:

* Complete Integration of Fundamental and Tehnical Analysis
* Helped me remove my emotions in trading
* Learned to trade the news.
* Learned Intermarket Analysis and Currency Correlations
* Learned to create my own Trade Plan and Execute it.
* Learned to trade conservatively and position myself on the higher ground and most especially pull the the trigger when the opportunity presents.
* Learned Relative Strength Analysis of the currencies, and
from there Im able to trade any currency pair with the right
speed and momentum.

I read the book 3x so far, and my goal is to read it 7x over. I highly recommend this book to everyone! Thanks Wayne for writing this book.
This is by far the complete book in Forex Trading. 

Solid No Nonsense Trading Advice, July 2, 2009

By  Michael E. Butcher (Mallorca, Spain) - See all my reviews
(REAL NAME)   

Wayne McDonell obviously knows his craft and much more importantly manages to convey his trading methodology in a clear and concise manner to would be successful traders like myself. Personally I found it has given structure and meaning to how I approach trading - this in turn gives more confidence to take those trades when the opportunities arise as described by Wayne in his book. 

Great Book and Great Value, July 2, 2009

By  Marcus Mcneice - See all my reviews
(REAL NAME)   

Yes I have been very pleased with this book. It talks about the correlation between the different currencys and how the different markets (Gold, Oil, and other commodity markets) correlation with the currency markets. It helps give you the tools to create a trade plan and to become an independent thinker in your trading. It touches on the pyschology you need to have to become a succesful trader, and well as giving you the tools and techniques, you become successful. 

 Put the other book back and get this one:, 17 Jun 2009

By  nik (Sheffield, England) - See all my reviews

One of THE best Forex books on the market. Starting out you will find you need bucket loads of time watching this thing called Forex before you have any idea about trading it. When every trade you make is tanking, its difficult to stay with it. Reading this book, I finally had straight forward answers and identified all my bad habits. Wayne’s years of experience, starting from scratch just like myself, became my own in a matter of months. My understanding of Forex and trade ability increased ten-fold.

This is a comprehensive education, covering multi timeframe technical analysis and the fundamentals of the global currency market. Relationships between currencies, economic news, international stock markets and commodities are all shown to you and explained well. Most importantly, you learn what it takes to trade. You learn to be self reliant and organised. You’ll also learn a lot of interesting facts about the world. You may start giving advice to people on housing prices and the state of the economy. There’s no shoddy magical system being sold in this book. What it comes down to is the only way to learn Forex is from an expert, and this guy is a great expert to listen to. FX is tougher than you might think, but luckily this book is awesome.

A total forex guide., 17 Jun 2009

By  Beck (UK) - See all my reviews

The FX Bootcamp guide is a book I use all the time. I’ve read many but this is the one I continually re-visit. As well as techinal information it also explains fundamentals, news events and correlations. As a beginner I have found this all useful and easy to understand and have begun to feel more comfortable trading FX. Definately one for the fx traders collection.

 


Posted on July 2, 2009 at 14:20 in Uncategorized by Curt WehrleyNo Comments »

US Job Losses in Recent Recessions (thru June 2009)
Click on the above graph to view a larger version.


Posted on July 2, 2009 at 11:27 in Uncategorized by Curt WehrleyNo Comments »

Currency Correlation Table - June 2009
Click on the above chart to view a larger version.

Chart Key:
Correlation Symbol - Strong Positive - strong positive correlation
Correlation Symbol - Moderate Positive - moderate positive correlation
Correlation Symbol Key - Negligible - negligible correlation
Correlation Symbol - Moderate Negative - moderate negative correlation
Correlation Symbol - Strong Negative - strong negative correlation

The correlation table shown above is based on correlation coefficients derived from 15-minute chart closing prices on GFT’s DealBook 360 platform, from June 1 - 30, 2009.


Posted on July 1, 2009 at 23:32 in Uncategorized by David R Pegler2 Comments »

Hey everyone, for today’s outlook I preview the pending NFP report and take a technical look at a Pound related basket. Cable, Pound Swissy and Pound Yen. Given the fact that we are pre NFP I have built some very conservative trade plans for these three Pound crosses. I have trapped price between some very obvious technical levels. This is not a day to be overly aggressive. Good luck and I hope you enjoy the video. David Pegler


Posted on July 1, 2009 at 21:37 in Uncategorized by Curt Wehrley2 Comments »

Monthly Pivot Points*
July 2009


* - Based on GFT DealBook 360 price data from June 1 – 30, 2009


Posted on June 30, 2009 at 23:55 in Uncategorized by Curt WehrleyNo Comments »

The final trading day of Q2 and H1, plus a dose of sour US news, brought volatility to the currency market during today’s New York session. The US dollar rebound at the open of the session fueled moves on the major currency pairs, including a 60-pip short trade on the EUR/USD currency pair. Two hours later, a worse than expected US consumer confidence report set the stage for a 60-pip news trade on the GBP/JPY.

Curt Wehrley
FX Bootcamp’s Quantitative Analyst


Posted on June 30, 2009 at 20:28 in Uncategorized by Wayne McDonellNo Comments »

 

SPECIAL FXSTREET EVENT:

SPECIAL EVENT: Trade Non-Farm Payrolls LIVE - 38th Edition

Sponsored by 
Type: Webinar

Register for this Session

Expert: Wayne McDonell, Chief Currency Coach at FxBootcamp
Moderator: Maud Gilson
Start: Thu, Jul 2 2009, 11:30 GMT
End: Thu, Jul 2 2009, 14:30 GMT

 
Summary:
Come join us – 500 seats available, register now!

Trade Non- Farm Payrolls LIVE with Wayne McDonell - FXstreet.com & FX Bootcamp

are partners of this event and GFT sponsors it. Don’t miss out on a great opportunity to
learn keys to trade this economic report and ask questions while the market is moving!

FX Bootcamp will provide live play by play commentary and analysis during the release

of the Employment Report.
 
During this live webinar, you will learn how to:

- Conservatively trade during news events.
- See technical analysis applied to live market charts.
- Apply Pivot Point & Fibonacci Theories in real-time.
- Entry and exits point clearly defined in advance.
- Ask questions while the market is moving.
- Get the NFP NEWS Live!

 
CLICK HERE TO REGISTER:
 
Who is Wayne McDonell and what is FX Bootcamp?
 
 
 
 
 

Posted on June 29, 2009 at 23:04 in Uncategorized by David R Pegler2 Comments »

Hey Everyone. In this video outlook I review some of yesterday’s trade plans and how they played out. I then build on the existing analysis and build some trend following trade plans for today. I concentrate on Kiwi USD, Pound Yen and Cable. I make use of some typical tools, Fibonacci, support and resistance as well as some key EMA’s. Good luck and I hope you enjoy the video. David Pegler


Posted on June 29, 2009 at 22:18 in Uncategorized by Wayne McDonellNo Comments »

 

Now Playing:   
New York Forex Market Buzz - FXBOOTCAMP’s Wayne McDonell Discusses Trading In Low Liquidity Environment
The VIX lost 1.1 percent to 25.65 at 12:57 p.m. in New York. Wall Street?s largest bond-trading firm…

http://www.forextv.com/Forex/Video/Video.jsp?channel=41,276,1241,249,1314,1418,1423,1424,1429&movieid=47053

 

 

 

 


Posted on June 29, 2009 at 21:23 in Uncategorized by Wayne McDonellNo Comments »

http://www.moneyshow.com/video/video.asp?wid=4074&t=3&scode=013767

 WAYNE MCDONELL OF FX BOOTCAMP 

http://www.fxbootcamp.com 

 

FX Bootcamp’s Wayne McDonell describes how changes in the world currency markets have caused him to adjust his trading style over the past few years.

 

Released: 6/3/2009
Focus: FOREX

 

 

 

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