Currency Trading and Intermarket Analysis: How to Profit from the Shifting Currents in Global Markets

I've read and flipped through a number of currency trading/forex books, both as I was learning the trade and in my continuing education. Most books on the subject seem to be put out to sell with little regard to original content and value-added information. They typically spend half the book going over the very basic of foreign exchange markets and lingo - basically repeating what every other intro-forex book says, and then spend the next half of the book either going over general trading areas - such as trading systems or technical areas of trading. There is little to no value-added information/analysis for the forex trader, unless you are a complete newbie.This book is different - and more in-line for someone who has read up on forex basics and/or has begun to dabble in forex trading and wants to begin to understand the history of different forex markets (as in their past movements), drivers of said markets, and intermarket connections. Unlike other books on the subject, there is not 200 plus pages of forex definitions and filler - it dives straight into valuable content (chapter 1 is about gold and the dollar - history, linkage, trends). It then goes on to cover oil and its linkage, the dollar's historic performance (and the drivers/causes) vs. other major currencies and other macro and micro drivers of the currency markets. This is not a trading book per se (it does not tell you how to trade various markets) - but a great supplement to the trader's understanding of the markets he or she trades in. If you trade forex but don't understand the concepts in this book, my bet is that you are a losing trader, whether you trade long-term or short.Overall - the best book out there I have seen about the currency markets, their drivers, correlations/linkage and past performances. After reading you'll have a better understanding of the major currencies' past performances and cyclical behaviors, what drives these cycles, their linkages to one another (as well as to gold and oil), as well as understanding the impact on currency markets of central bank decisions and the trends of other markets (e.g. equities, commodities). Highly recommended for anyone currently or looking to trade forex, or someone who just wants to understand the currency markets, especially in relation to global economics/events.

Great introduction to FX markets from a US investors view. Discussion ranges from dollar and its relationship with Euros, Yen, yield curve. Oil, gold and politics/taxes. A bit dated (2008). Would be good to see an updated (2018) edition covering great financial crisis of 2008, Eurozone crisis of 2011 and current fed tapering.

Ashraf Laidi is amazing at reading the financial markets, with an emphasis on currency markets. This book offers an easy to read and understand guide to PROFITING from trading on the forex. Also, it's not encyclopedia-size like a lot of market analysis books, so you won't buy it and be afraid to open it. The correlations between markets that Ashraf identifies in the book are almost unbelievable. You'll see how he finds perfect trends between currencies and oil, gold, the VIX, interest rates, other currencies, etc., which allows for effective decision making in trading. The charts are amazing and easy to read (there are lots of them so you won't just be looking at words), and show direct relationships to forex rates. I actually couldn't believe that he could find almost perfect correlations (you'll see what I mean when you look at the charts), but the man is brilliant, so I'm no longer surprised. I'm very new to currency trading and already making money, skipped the 6-month practice account some recommend. Get in now while the market is hot. I suggest you buy 2 books and read them both. Thanks for making currency trading interesting, understandable, and profitable for me Ashraf! By the way, I have absolutely no financial interest in books that Ashraf sells. I know about him from business network interviews. - All the best - Rob (New York)

Great historical analysisi of currencies and itermarkets. Provides a structure for trading FX and currency futures by looking at coorelative markets.

The author does a great job explaining the fundamentals of the currency market. Some of the information may be outdated but using the principles discussed, one can do their own analysis based on the current environment and come up with pretty solid conclusions on what pairs to trade and possible direction of the market

...actually not useful for a currency trader. Maybe useful for investors with big pockets, not for the average trader who cannot wait months or years in order to get te proof of the relations in this books...you probably will end up before with a margin call

Ashraf's writing style is stiff and boring. However, the book packs useful content. For example, it lists the chronological history of the USD and provides useful insights into how institutional investors make foreign currency (forex) trades. For forex traders who use technical analysis, look for another book. Ashraf explains issues for fundamental analysis concisely. For me, the book will be a good reference, for years to come.

well, i have to say this . Ashraf's Book is the best intermarket analysis i ever read in my whole life, the strategies and ratios that he write makes u understand how the markets move and how there is a big relation ships in all the marketsi have been watching Ashraf since i start to trade in forex market about 6 years before , and he is the only one who come up with new things, strategy, ratios and the most interesting is how he explain what is happening in the market and what will happen as wellAlso i got the chance to meet Ashraf many times and i am glad that we became friends and as a result he is my TEACHER :)keep it up Ashraf as alwaysNour Eldeen M. Al-HammouryChief Market StrategistGFC Markets