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Harriman House
3A Penns Road
Petersfield
Hampshire
GU32 2EW
UK
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Press releases
Press Release
Monday 23 July 2007
7 Winning Strategies for Trading Forex
Harriman House
7 steps to Forex success
The global foreign exchange market is the biggest market in the world. The $1.2 trillion daily turnover dwarfs the combined turnover of all the world's stock and bond markets. A new book published by Harriman House reveals the seven trading strategies of a full-time Forex trader.
Many traders consistently search for that one perfect trading strategy that works in the global Forex market. Frequently, they will complain that a strategy doesn't work. Few people understand that successful trading of the Forex market entails the application of the right strategy for the right market condition.
Grace Cheng’s first book covers the structure of this market, how to overcome the odds and succeed, and how to select high-probability trades with good entries and exits. The 27-year-old trader highlights seven trading strategies, each of which is to be applied in a unique way and is designed for differing market conditions. She shows how to use the various market conditions to their advantage by tailoring the strategy to suit each one.
The Forex market is unique in that traders can access a 24-hour market very conveniently, without having to wait for the markets to open. At any time, there is always a major financial centre open where banks, hedge funds, corporations, and individual speculators are trading currencies.
This revealing book also sheds light on how the FOREX market works, how you can incorporate sentiment analysis into your trading, and how trading in the direction of institutional activity can give you a competitive edge in the trading arena.
Managing Director of Harriman House, Myles Hunt, says: “We are extremely excited about publishing Grace’s book. There has been huge demand for a good book on Forex aimed at the private investor and trader, and this new book fills that gap perfectly.”
Packed with practical advice, 7 Winning Strategies for Trading Forex is a must-read for traders who want to know exactly how they can make money in the Forex market, by improving their trading performance.
Ends
ABOUT THE AUTHOR:
Grace Cheng is a seasoned full-time Forex trader who is well-versed in technical, fundamental and sentiment analysis, which she utilizes in her trading. Grace is also the creator of the PowerFX Trading Course (www.gracecheng.com) which is designed for both new and intermediate traders.
Grace has mentored hundreds of independent traders through her PowerFX Course. She occasionally writes for trading and investment magazines such as Technical Analysis of Stocks & Commodities, The Trader's Journal, Smart Investor, as well as for online financial portals like Investopedia. She has also been featured in newspapers, magazines, newsletters and on TV for her trading expertise. Visit her popular forex blog/website at: www.gracecheng.com - gracecheng@gracecheng.com
ADDITIONAL INFORMATION:
More details can be found online at: www.harriman-house.com/forex
For further information on this book or its author, please contact Helen McCusker in the PR department at Harriman House:
Tel: +44 (0)1730 233885
Email: pr@harriman-house.com
Harriman House Ltd, 3A Penns Road, Petersfield, Hampshire, GU32 2EW
