📊 Elevate Your Trading Game with Proven Strategies!
The MT4/MT5 High Probability Forex Trading Method is a comprehensive guide designed for traders looking to enhance their skills in Forex, commodities, and stocks. Released on August 4, 2016, this paperback offers step-by-step strategies that cater to both novice and experienced traders, ensuring they can identify high probability trades and maximize their profits across various markets.
M**W
Excellent price for a great deal of info
I've read a number of Forex trading books, including strategy books. Jim's book contains a great deal of information about his strategies including some things I have not found in other books. Jim goes into great detail (not confusing detail) about his indicators, how to set them up, how to make your price chart look just like his to really confirm the understanding of his strategy. He talks about trade management, and gives multiple suggestions about different ways you may choose to handle your trades.Some books will never mention potential "pitfalls" where Jim actually covers it, right out in the open. He even discusses what he does as a strategy if his trade gets stopped out, how to get back IN a trade he was stopped out in if the signal is still active, and how he handles multiple trades.This book would be suited for anyone with very little experience because unlike other signals and indicators out there where there is a little guess work, and maybe a little "is that actually the signal" there is no guessing with Jim's strategy. It literally tells you when to buy or sell, no guessing. This makes the trade very easy. Then it's up to you how you manage it. For the experienced trader, Jim's strategy allows for multiple trades at once, and handling multiple positions. He even goes on to discuss money management topics and throws in an excellence piece about divergence.The book is loaded with good value, and WELL worth the read. I got the Kindle version so I can load it up in my computer and refer to it often. Highly recommended.
T**S
Well another glowing review.
I'm known as the Simon Cowell of book reviews because I don't pull any punches if I don't like a book. But this one is easy because it is a positive review. I was a little apprehensive about buying this book because of so many glowing reviews, but now here I am giving a glowing review. I think this book is about as well presented and written as possible. It isn't too long but not too short with plenty of charts and explanations. He gives you very objective entry signals from the indicators that he provides to you. I've been around the block more than once when it comes to these kind of indicator signals so I know if it's just a fluff dime or dozen system or not. This author knows what he is doing as evidenced by his approach to trading. These signals are just the starting point. The fact that he leaves it up to the trader to use his or her own confirmation techniques tells me he knows exactly what trading is all about. One trader might not like using trend lines as a confirmation but relies on divergence. Another trader might want both. Another one might only use candle patterns like stars or hammers. But what the author is saying is start with this signal and then use your experience and preferences from there. Or, you could just use the signals as provided - it's up to you. Trading isn't a one size fits all kind of concept and the author knows that which is why is serves up different suggestions on how to supplement the signals. This book is legit and extremely well done. Highly recommended.
S**
very informative and to the point
His writings are very clear and easily understood. I like that there wasn’t a lot of fluff. Thanks for the great book.
O**R
A FOREX GURU WITH A DIFFERENCE
Jim Brown is a singularity in the universe of forex training. This book - in a very short while - steered me away from the gambling impulse caused by over-complexity ("What the heck, this trade just feels good...") and into a structured and simple assessment of potential trades. He provides the essential tools in fewer words and fewer pages than the classic gurus, and then he crowns it with his own modified MT4/MT5 indicators which, so far, really seem to hit the button.Mr Brown offers many suggestions for filters that will eliminate some of the weaker trades and favour the stronger ones. I like that. He is not prescriptive, like so many forex teachers ("Just follow the rules"), but gives you enough encouragement to fine-tune his formulas to suit your own temperament. As a stubborn individualist I find this strategy really helpful. I am busy testing and comparing the various filters he suggests, but even without filters it seems his indicator signal system gives you an edge on their own (with a fair dose of chart reading common sense thrown in, of course).I am so pleased with Jim Brown's trading strategy that I am about to order his book on divergences. His brief introduction of the subject in High Probability Forex Trading (and my first tentative tests) suggests to me that this is possibly the best filter of all to support Jim's signal system.The fact that his indicators are free and are combined with after-sales accessibility and an invitation to join his group of like minded traders makes this book ridiculously cheap. Most other teachers would charge an arm and a leg for the service he provides.
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