Sentiment in the Forex Market: Indicators and Strategies To Profit from Crowd Behavior and Market Extremes
Product Description
Crowds move markets and at major market turning points, the crowds are almost always wrong. When crowd sentiment is overwhelmingly positive or overwhelmingly negative ? it’s a signal that the trend is exhausted and the market is ready to move powerfully in the opposite direction. Sentiment has long been a tool used by equity, futures, and options traders.
In Sentiment in the Forex Market, FXCM analyst Jaime Saettele applies sentiment analysis to the … More >>
This book provides an interesting take on how to make money in the FX markets.
Rating: 5 / 5
This book provides great insight into how investor psychology effects market volatility. This book was very helpful in the development of my personal trading strategy as I have shifted my allocation away from equities and into currencies. The general themes of this book and major indicators have also been very helpful in making macro level forecasts in my professional life. The author has a talent for simplifying advanced concepts and drawing parallels between market activity and crowd behavior. When’s the next book coming out?
Rating: 5 / 5
As someone who has become increasingly leery of equities (who hasn’t), I needed an introduction to a new market. When a friend recommended the Forex market, I bit immediately. The next thing he recommended was Saettele’s book. I couldn’t be happier with where it’s taken me, and I don’t miss sweating my stocks one bit. Pick up this book.
Rating: 5 / 5
Jamie truly understands how forex markets work from a historical and current standpoint. His insight will prove to be relevant for years to come. I highly recommend.
Rating: 5 / 5
Perhaps it is because I am a woman, but I have long believed that emotions and psychology can move markets more than fundamentals, and Jaime Saettele knocks this concept out of the park in this book. As retail investors like myself begin to dabble more in the foreign exchange markets, it is important to understand how to rationally interpret market sentiment amidst the daily volatility. In these days of information overload with CNBC and Wall Street Journal constantly bombarding the investing public, Saettele outlines how to correctly identify scenarios where going against the majority can translate to profit. This book was highly recommended to me, and I would do the same to anyone looking for an intelligent and entertaining take on how to be a successful long-term investor in the Forex markets.
Rating: 5 / 5