The Essence of Kathy Lien’s Book

Published February 12, 2009 Trading Books Leave a Comment
Tags: break out, ISM, Non Farm Payroll

Imperative points from Kathy Lien’s book that paves the way to successful trading in forex market:

1.The Employment Component of Service Sector ISM is a very strong leading indicator for Non-Farm Payrolls Report

2. There are also technicians who do factor fundamentals into their trading strategies and wait only for key economic releases to put on break out (BKO) trades.

3. Break-out traders will want to know where to place their big bets based on what economics releases typically set off the largest movements. <more>

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