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Forex Book Review
Wednesday, October 19, 2005
A couple of months ago when I was getting started in Forex, I decided to pick up a book to learn a little about it.  The only book available in Barnes and Noble was "Forex Made Easy" by James Dicks. 

The book is split into 15 chapters: What is Forex?, More FOREX, Forecasting the Market, Currency Options, Creating a Workstation for Trading, Fundamentals of Trading, Economic Fundamentals, Introduction to Technical Analysis, Advanced Trading Charts and Indicators, Fibonacci Numerical Sequences and Elliot Waves, Money Management Principles, Six Steps to Success, Getting Started with a Trading Station, Corporations in the FOREX, and The Business of Trading.

When I started reading this book, I didn't know much about FOREX.  After reading most of the book, I knew a little more.  The book is only about 200 pages and is split up into small sections.  He doesn't go into detail on any 1 subject but gives a general overview and maybe an example.

The best sections are his recommendations on money management.  As a beginner in foreign exchange, money management is key.   But if your looking for practical applications of his methods, you won't find much.  Some of the book pushes his website and software package. 

I wouldn't recommend this book unless you really want to learn about FOREX and there are no other books available and your a beginner. 

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