Currency Trading: How to Access and Trade the World's Biggest Market

Book Description

How to Access and Trade the World's Biggest Market Philip Gotthelf
The first and last word on trading within currency markets Expert trading veteran Philip Gotthelf provides the first comprehensive guide to currency speculation aimed toward the average investor. Combining fundamental and technical analysis, this book teaches traders how to take advantage of fluctuations within the currency markets and capture enormous gains. Currency Trading takes the latest developments in the FOREX market and provides readers with a complete trading plan.
Philip Gotthelf (Closter, NJ) publishes the Commodex System, the longest-standing daily futures trading system in the world, and Commodity Futures Forecast Service. He is also President of Equidex Inc., a registered Commodity Trading Advisor. Gotthelf wrote TechnoFundamental Trading and The New Precious Metals Market.
New technology and the advent of around the clock trading have opened the floodgates to both foreign and domestic markets. Traders need the wisdom of industry veterans and the vision of innovators in today's volatile financial marketplace. The Wiley Trading series features books by traders who have survived the market's ever changing temperament and have prospered-some by reinventing systems, others by getting back to basics. Whether a novice trader, professional or somewhere in-between, these books will provide the advice and strategies needed to prosper today and well into the future.

Customer Reviews:

This book must be a prank.......2006-06-15

How else to explain that banks are brought down not by "rogue" traders but rather by "rouge" traders - is there a secret market for cosmetics derivatives? - that Switzerland has adopted the Euro, that a chart is described as listing a gain from 93 to 97 but only shows a gain of 93 to 95 etc., etc., etc ad nauseam.

In my eyes, this book is so pathetic that it is only a slight exaggeration to suggest that all those involved in the creation of this book should never be allowed to touch paper and pencil again.

How to implement and back test this concept ?.......2004-08-16

In theory the concept of parity is belieivable.But to implement it I guess one would need some really sophisticated tool and the book is not a practical guide to implement his concept. Even though book needs serious editing, someone academically inclined may find this book interesting.

Thanks Disappointed and Disgusted from Northern California.......2004-05-09

The author spends way too much time explaining basic economic indicators that should be basic knowledge for any investor. After I read another review that outlined the blundering editorial mistakes, I had to see for myself. All true! I cannot continue reading this text... How can anyone who makes this many conspicuous mistakes get a book deal much less be right about anything? Not worth the $70 price tag!

Great book to start with!.......2004-02-06

As the author of the book "Futures For Small Speculators" I tend to be very critical of books that discuss my industry. Although this book had a few editorial mistakes, Mr.Gotthelf still did a solid job of getting his point across. For a beginner this is a great start. For more indepth analysis I would go to Mr. Cornelius Luca's books.

Hastily slapped together, poorly written, sloppily edited.......2004-01-11

It appears that Gotthelf dictated much of this book into a tape recorder, some far-away typist created the manuscript, and nobody bothered to read or edit the final result. How else to explain that "Jim Ellis is the Founder and Chief Executive Officer of Oracle" on p.43 (I thought it was Larry Ellison)? These sorts of editorial lapses are rife throughout the book.

To name but a few examples, Fig 6.5 caption says "Cash Currency trading screen" but it's actually a bar chart of Yen futures (p.124)

The data for Figure 8.11 (a perpetual contracts bar chart of Yen) is presented with the caption of Figure 8.10 ("Soybeans futures monthly chart"). No soybeans chart is presented at all; instead, a Nikkei futures chart mysteriously appears (p. 212)

Figure 8.41 is printed upside down! (p.236). Honestly. This is perhaps the ultimate insult to the reader and ought to be a source of acute embarrassment to the editor and author.

Academy Award nominee James Caan, with two a's, will be amused to read p. 89 which states "... has been depicted in fiction such as the movie Rollerball starring James Cann" with two n's.

Those who buy the book believing it may deliver on the dustjacket's promise "How to trade the world's biggest market" will receive a disappointment. The only trading strategy Gotthelf reveals is "Go Long when price crosses above a moving average, Go Short when price crosses below a moving average." Then he regurgitates standard methods of creating a synthetic position using options. There is absolutely nothing new here.

No review would be complete without mentioning Gotthelf's mysterious concept of Parity. First he tells you it's "a ratio that always equals one" (page 24). Next he tells you "there are no exact relationships" in FOREX (page 32), leaving you to wonder how Parity could always equal one if there are no exact relationships. Then he muddles through two hundred more pages and eventually you, the reader, decode the fact (which Gotthelf never bothers to state exactly) that his "Parity" actually means "Equilibrium". Great. But where's the insight?

I own several other Wiley Finance books and all of them have wonderful quotes from important figures in the trading world, in the form of testimonials and gushing recommendations on the rear dustjacket. Kaufman's "Trading Systems and Methods" has five, Hill and Pruitt's "The Ultimate Trading Guide" has four, Ryan Jones's "The Trading Game" has five, Sweeney's "Maximum Adverse Excursion" has three, et cetera ad nauseum. But this currency book by Gotthelf has exactly zero quotes on the dustjacket. No recommendations, no congratulations, no endorsements. I suggest you follow the advice of everyone who DIDN'T write a recommendation for Gotthelf's book: stay away.

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Currency Trading: How To Access and Trade the World's Biggest Market (Wiley Trading)
Philip Gotthelf
Manufacturer: John Wiley & Sons
ProductGroup: Book
Binding: Hardcover
ASIN: B000N67F3G

Book Description

Capital formation plays a large part in any evaluation of economic growth and decline. In recent years the provision of capital in the British industrial revolution has received renewed attention. This interest arises out of attempts to trace the course and explain the progress of the pioneer industrializing country; to assess the reasons for Britain's subsequent loss of economic pre-eminence; and to explain the process of industrialization in a general way, in particular on behalf of countries which are in the midst of this process today. The debate has been largely theoretical because of the lack of reliable data for the period prior to 1850, and up-to-date estimates for the period thereafter. This book seeks to remedy this lack. Part I, based largely on archival and other primary sources, contains detailed studies of the amount of capital invested in the main sectors of the economy (coal mining, agriculture, textiles, roads and waterways) from 1750-1850. Part II provides for the first time a comprehensive set of estimates compiled on a consistent basis for the entire period from 1750-1920. It thus provides the foundation for a full study of capital accumulation in Britain from the industrial revolution to the First World War.

Book Description

Increasing recognition of the salience of human rights is reflected in the UN-declared Decade of Human Rights Education (1995-2004). By defining terms from "1235 Procedure (UN)" to "xenophobia", the author (affiliation unspecified) provides an important tool to non-legal expert students of human rights.

A Handbook of International Human Rights Terminology (Second Edition).(Book Review) : An article from: International Journal on World Peace

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A Handbook of International Human Rights Terminology (Second Edition).(Book Review) : An article from: International Journal on World Peace
Mark Massoud
Manufacturer: Professors World Peace Academy
ProductGroup: Book
Binding: Digital

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Book Description

This digital document is an article from International Journal on World Peace, published by Professors World Peace Academy on September 1, 2004. The length of the article is 1568 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: A Handbook of International Human Rights Terminology (Second Edition).(Book Review)
Author: Mark Massoud
Publication: International Journal on World Peace (Refereed)
Date: September 1, 2004
Publisher: Professors World Peace Academy
Volume: 21 Issue: 3 Page: 78(5)

Article Type: Book Review

Distributed by Thomson Gale

A HANDBOOK OF INTERNATIONAL HUMAN RIGHTS TERMINOLOGY.(Review) (book review): An article from: International Journal on World Peace

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A HANDBOOK OF INTERNATIONAL HUMAN RIGHTS TERMINOLOGY.(Review) (book review): An article from: International Journal on World Peace
Andrzej Werner
Manufacturer: Professors World Peace Academy
ProductGroup: Book
Binding: Digital

General | Politics | Nonfiction | Subjects | Books

General | Reference | Subjects | Books

Reference | Subjects | e-Docs | Formats | Books

Book Description

This digital document is an article from International Journal on World Peace, published by Professors World Peace Academy on March 1, 2000. The length of the article is 4684 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

Citation Details
Title: A HANDBOOK OF INTERNATIONAL HUMAN RIGHTS TERMINOLOGY.(Review) (book review)
Author: Andrzej Werner
Publication: International Journal on World Peace (Refereed)
Date: March 1, 2000
Publisher: Professors World Peace Academy
Volume: 17 Issue: 1 Page: 101

Article Type: Book Review

Distributed by Thomson Gale

Book Description

This book contains selected presentations on lemurs made at the 17th IPS Congress in 1998. The chapters highlight new and exciting developments in lemur research, touching several important fields from conservation to theoretical aspects of behavioral ecology, as well as nutrition and public education. This volume also presents an important landmark for the advancement of Malagasy scientists.

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New Directions in Lemur Studies
Berthe, & Rasamimananana, Hanta, Ed. Rakotosamimanana
Manufacturer: Springer
ProductGroup: Book
Binding: Paperback
ASIN: B000OSMV9Q

Book Description

The book opens with the basic techniques of satellite geocoding (including the use of GPS and mosaic production) before describing a wide range of algorithms for extraction of information from optical and radar satellite images. The text then moves on to address the derivation of topographic information from space (including the recent Shuttle Topographic Radar Mission) followed by an explanation of the added-value obtained through the integrated use of geocoded satellite data in a Geographic Information System (GIS). Practical commercial and scientific applications are described in detail - first looking at land applications such as agriculture and civil engineering and then at the oceanographic, atmospheric and cryospheric worlds. Jonathan Williams reviews recent developments in 'environmental monitoring and global security' such as hazard and disaster monitoring, population dynamics and space missions dedicated to environmental monitoring (such as the Earth Observing System and the European ENVISAT Mission). Finally, the author draws together all the threads under the generic term of geomatics - addressing cutting-edge developments such as Very High Resolution Imagery (VHR) and the role that satellite data may play in the development of Location Based Services for the third-generation telecom market.

Customer Reviews:

I wrote this book!.......2002-11-07

Please buy my book so that I can retire soon!

Book Description

This text is the first exhaustive treatise on the Einstein, Podolsky, and Rosen (EPR) Paradox - the incompatibility, at empirical level, between local realism and the existing quantum theory. The volume collates all the data and thought on the Paradox, from its original formulation in 1935, to some very recent theoretical developments. The authors devote an entire chapter to the EPR Paradox for pairs of neutral kaons. In addition, their text provides 6 different proofs of Bell's Theorem, about 150 references to the literature, and 74 illustrations.

Customer Reviews:

On the existence of objective physical reality.......2000-04-01

In 1935 Eistein, Podolsky and Rosen put on the table the question about the ability of Quantum Mechanics in describing physical reality. Since their paper several physicists tried to discuss and address this foundamental problem. The book by Selleri and Afriat is an exaustive analysis focusing on EPR paradox in several research fields of the physics. The book, starting from the original argument of EPR (chapter 1) goes down to all the proposed solutions for EPR paradox (chapter 5). Though, according to EPR arguments, Quantum Mechanics cannot be considered "complete" in describing the Physical Reality, this book can be surely considered "complete" in discussing the EPR paradox and its implications in modern physics.

Einstein, Podolsky, and Rosen Paradox in Atomic, Nuclear, and Particle Physics

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Einstein, Podolsky, and Rosen Paradox in Atomic, Nuclear, and Particle Physics
F. Selleri Alexander Afriat
Manufacturer: Springer
ProductGroup: Book
Binding: Paperback
ASIN: B000OSA3SM

Customer Reviews:

read this book! period........2007-05-10

read this book! period.

i purchased it last year and only allowed myself to read a few pages at a time so that i could prolong the shivery joy and jolts of recognition that i felt at her beautifully crafted words. this book rocked my world, much as her previous book, fat girl dances with rocks, did back when i so desperately needed to hear her words of girl love and body acceptance.

i will give away none of the story, and will tell you only that her main character carline sneaks into my head months after reading it, and each time, i wonder anew at the vividness and absolute truth of her. what a gift to be able to create such a character. and how glad i am that i found her!

Fearlessness and hope.......2004-09-17

I loved Venus of Chalk. Its fearless depiction of what it's like to be on the receiving end of deep social hatred and casual cruelty made me sting with recognition. But I was more thrilled by the wild worlds, emotional and physical, Carline finds herself in as a result. Because Stinson is able to imagine the life of her protagonist outside of the facile constraints pop psychology puts around the psyches of fat people, she renders a response to hatred that manages to be both fearless in its examination of pain and profound in its discovery of wondrous possibilities for grace in both the familiar and the unknown. Carline is an unforgettable character, so vividly drawn that it's hard to remember why others in her life perceive her as mundane. And the richness of the places and people in which she finds love made me feel more hopeful about the world, a rare thing these days.

stunning - hoorah for the domestic sublime.......2004-09-15

Susan Stinson has written yet another lyrical piece of literature that deals with the sublime in everyday life. Her protagonist, Carline, responds to an an act of mundane and profoundly disturbing bigotry by hopping on a south bound bus. The domestic, courageous, deliciously flawed, Carline is a trip in herself. And she leads us to a cast of equally interesting characters in a story stiched with elegant care.

Engrossing Read--One of the Best Books of 2004.......2004-08-28

Susan Stinson, author of FAT GIRL DANCES WITH ROCKS, has crafted another quirky and fascinating novel, this one about a woman named Carline whose seemingly well-ordered life cracks in two one night when she is accosted by cigarette-flicking young toughs. With her lover, Lilian, out of town at an important poetry slam, Carline has no one to help her deal with this new indignity, and she finds herself falling into an emotional whirlpool from which she doesn't know how to escape.

Carline is a woman of size - in other words, she is extremely fat. "Fat. It always came back to that... Vicious comments on the street, carefully worded references to `professional appearance' in job reviews, suddenly masked looks on the faces of friends; at this moment, hatred was all I could see, all I could breathe, all I was" (p. 20). A crisis looms over her life.

Carline works as an administrator in a home economics program and specializes in pamphlets that help homemakers. Despite distributing information and assistance to women on five continents, Carline is dismayed that so few people pay attention to the details that are critically important to her. She is thwarted because "(p)eople who thought home economics was just pie crusts and vacuuming occupied every station in life; they outnumbered, perhaps, those who believed home economics no longer existed" (p. 15). In her own little home economics world, Carline has barely let into her consciousness the fact that her job doesn't seem meaningful, nor does much of her life. It is as if she has let her extra weight insulate her from true feeling, preventing any awareness to permeate and spur her toward needed change.

So when Carline is accosted by the young toughs and her fragile sense of self is knocked completely askew, she stews for a day. Then her aunt Frankie from Chalk, Texas calls to report the death of a dear friend. Carline quits her job, packs a bag, and takes off on a bus trip with two odd fellows, Mel, who usually rides the bus with her, and Tucker, the driver, who is taking the old bus across the country to Dallas where it can be auctioned.

The trip Carline takes is both internal and external, and little of it went at all like I expected. I don't want to ruin the surprises of the story, but suffice to say that there are several unexpected turns, each of which causes Carline to come closer and closer to confronting her own fears and pain and anguish. It takes her a long time to come to grips with the fact that she has "kept going under, shaking myself out of it, then falling again into fear and self-hate. The worse part was that it seemed so ordinary. I needed to stop" (p. 179). The tale of this journey "to stop" is filled with good writing, gold nuggets of description, and insightful narrative. The author has offered up a real jewel of a novel, featuring a character at times awkward, at times selfish, but ultimately compelling and sympathetic as she moves forward in her quest for understanding.

Stinson's previous novel, FAT GIRL DANCES WITH ROCKS, focused on a 17-year-old fat teen and her struggles with societal meanness about fat women and girls; VENUS OF CHALK takes on some of the same issues and expands upon them by showing a woman, several years older, dealing with the similar pain, misunderstanding, and self-loathing. The journey Carline takes, dealing with awkward relationships, past pain, and internalized homophobia (and fat-phobia as well), makes for an engrossing read. Do not miss this one. It's one of the best books of the year. ~Lori L. Lake, author of lesbian fiction and freelance reviewer for Midwest Book Review, Golden Crown Literary Society's "The Crown," The Independent Gay Writer, and Just About Write.com.

Brilliance.......2004-06-08

There are many things I love about this book. It is uncomfortable and brutally honest and raw in the way that a night in the desert draws the brilliant colors out of the stars one can't see even in a city. I loved the experience of reading it. I loved the surprise of identifying very personally with a character so very different from me. I loved the intensity and the tenderness between the characters, between the words themselves, and in a very powerful and strange way, between the author and her reader.

I cannot say it better than Elizabeth McCracken said it: "I am an enormous fan of Susan Stinson's work, and, as a fan, consider it my duty to help more and more people know about its wonders: I can think of no-one who writes with more love, passion, and precision about the pleasures of the body and the pleasures of the soul, and that nebulous (often neglected) intersection of body and soul. She writes extraordinary love stories, with inteligence and generocity and a wild imagination."

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