One could call Technical Analysis of the Currency Market by Boris Schlossberg a pure technical analysis book, but it wouldn't be a completely correct definition. The book also talks about the psychology of trading and risk management; an introduction to the Forex market (FX 101 chapter) is also made for very new traders. Our overall feelings after reading this book are rather mixed — of course, it gives a lot of insights regarding technical analysis and entry/exit strategies that can be used by Forex traders, but it is also quite biased and suggests very dangerous (in terms of risk/reward) systems.
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It is difficult to really enjoy reading Technical Analysis of the Currency Market. It has a lot of things that it is hard to agree with and also lists a lot of data (strategies mostly), which is barely interesting to anyone at all. In spite of these facts, you can rest assured that it is not a bad trading book and had the following advantages:
Yes, Boris Schlossberg does a great job with this book, but you probably won't gain a lot from this book if you are already past your newbie stage. Even disregarding the fact that you will know almost 90% of information covered there, it still has some disadvantages:
To conclude the review, it must be said that Technical Analysis of the Currency Market is a great introduction to the technical analysis and can be a good book for the Forex trader's education, but you shouldn't limit your study to this book — it is almost useless (and even somewhat dangerous) if being relied upon as the only book. Some other books on trading would be really helpful after or before reading this one.
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