Forex Patterns & Probabilities: Trading Strategies for Trending & Range-Bound Markets (Wiley Trading)

June 11, 2010 by Leny  
Filed under Forex Tips

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Forex Patterns & Probabilities: Trading Strategies for Trending & Range-Bound Markets (Wiley Trading)
 
Manufacturer: Wiley
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Product Description

While most books on trading deal with general concepts and shy away from specifics, Forex Patterns and Probabilities provides you with real-world strategies and a rare sense of clarity about the specific mechanics of currency trading. Leading trading educator Ed Ponsi will explain the driving forces in the currency markets and will provide strategies to enter, exit, and manage successful trades. Dozens of chart examples and explanations will guide you each step of the way and allow the reader to "look over the shoulder" of a professional trader hard at work at his craft.

This book provides traders with step-by-step methodologies that are based on real market tendencies. The strategies in this book are presented clearly and in detail, so that anyone who wishes to can learn how to trade like a professional. It is written in a style that is easy to understand, so that the reader can quickly learn and use the techniques provided.

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Customer Reviews

Best Forex book in the Market right now!
 
Review Date: February 20, 2008
Reviewer: H. Pennix, Daytrade,USA baby!!!
This is a great book. Anybody who does not like this book is not a trader. So many reviews are negative, but if the reader was so advanced why would they need this book? I am a successful trader and loved the book. I picked up some gems in this book. Ed Ponsi has finally written a Forex book that is not filler and BS. Thanks ED.
Clearly written and it truly teaches!
 
Review Date: January 18, 2009
Reviewer: Jose H, South Florida, Florida
I have been following Ed Ponsi for a while and the book has really helped me put the methods into practice. The book is well written and a pretty quick read.
The trading plans make it easier to create a discipline to follow. Although I must still battle my occasional desire to input some of my emotional guesses into a trade, which rarely work. Like Ed points out in the book you are not going to win every trade, you may even have a string of losses, but with risk management your losses are small and easier to absorb. Subsequently, the winners do run very well and absorb those nagging little losses. That has been my biggest improvement is the risk management!!! It has allowed me to win, by placing trades confidently and no sweating every little move. CONFIDENT and CLEAR THINKING!
Jose H, South Florida
Very Clear
 
Review Date: February 26, 2008
Reviewer: Long and Short, Virginia
Mr. Ponsi takes care to cover all the points clearly when he goes through each trade. For example, not only he tells us about the entry, stop, and exits but also about reloading where it is relevant. Great teacher.
Great Overview of Essential Info with Strategy
 
Review Date: April 28, 2008
Reviewer: T. Mandeville,
This book covers enough of the basics to get you started and enough strategy to help you understand how some of the pro's make money.
Good Reading
 
Review Date: June 14, 2008
Reviewer: C. Towner, Manassas VA
Easy to read and I enjoyed it. The book does not beat around the bushes. One of the best that I have read on the topic. Wish that there are a few chapters more.

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