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The Omicron Forex Trading Manual

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The Omicron Forex Trading Manual

The Omicron Forex Trading Manual is a literate and focused explanation for non-specialists of Forex strategies for automated (algorithmic) trading using the Dukascopy JForex Java API and associated software routines developed by Omicron Forex. The manual is also a guide to the essential general requirements of Forex trading which all traders must master. These include the ability to think in probabilities, to maintain discipline (which the automated strategies are designed to assist with) and ma

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2 Responses to The Omicron Forex Trading Manual

  • Anonymous says:
    5.0 out of 5 stars
    A good Forex book and well written, October 18, 2012
    By 
    Paud

    This review is from: The Omicron Forex Trading Manual (Kindle Edition)

    It’s good to be able to give a positive review to a technical book on the grounds that it’s a good read. The Omicron Forex Trading Manual, happily, falls into this category. I have read many, many other books on trading which, although they might even have contained some good advice, were composed completely of turgid prose.

    Not this one.

    Mr. McKenna has fended off the temptation to regale his readers with irrelevancies, which means he can concentrate on the matter in hand. The result is a work that will inform while, at the same time, ensure that you remain interested and fully engaged. The advice given is realistic and valuable.

    I look forward to further works on the topic of computerised trading and analysis from this author, who seems to fill a space that is not occupied by many – that of a numerate, technical individual who can write well, and so get his ideas across effectively to his readers.

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  • Anonymous says:
    5.0 out of 5 stars
    Why has Forex become so attractive?, November 18, 2012
    By 
    Declan

    While many people who trade privately still think in terms of equities or options, there has been a surge in trading Foreign Exchange or “Forex” over the last number of years.

    Forex is attractive to many for a number of reasons. One is it can be traded on a 24 hour basis, although outside of the opening of the major centres for Forex trading the action can be quiet with occasional periods of volatility that can catch the unwary. Forex pairs have a tendency to trend for longer than equity shares and this suits many traders. Leverage in Forex can be as high as 300:1, as opposed to equity trading where the leverage is typically about only a small proportion of that.

    Nevertheless, the things that are important in equity trading are equally so in Forex. The Omicron Forex Trading Manual stresses these and describes how they can be implemented. For that reason alone it is worth buying by anyone who is interested in Forex.

    Existing Forex traders who wish to investigate automated or algorithmic trading, which is becoming more and more to the fore in all kinds of trading, will also benefit greatly from this book.

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