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Forex Patterns & Probabilities: Trading Strategies for Trending & Range-Bound Markets (Wiley Trading),   ISBN:9780470097298

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

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Binding: Hardcover
Release Date: July 2007
List Price: $85.00

Average Customer Rating:
Score = 4.5 Score = 4.5 Score = 4.5 Score = 4.5 Score = 4.5

ISBN-13: 9780470097298
ISBN-10: 0470097299
Author: Ed Ponsi
Publisher: Wiley
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Summaries and Customer Reviews are supplied by Amazon.com

Summary:

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.

Customer Reviews:

Average Customer Rating: Score = 4.5 Score = 4.5 Score = 4.5 Score = 4.5 Score = 4.5

Forex guide for both new and experienced traders
Customer Rating:  Score = 5 Score = 5 Score = 5 Score = 5 Score = 5

Have read several books on Forex, but by far, I find this book by Ed Ponsi to be most beneficial to me. The easy to follow guide and examples are simply great. A great book.

Way overpriced for what you get
Customer Rating:  Score = 3 Score = 3 Score = 3 Score = 3 Score = 3

The information in Ed's book is actually fairly good. However, I learned most of it - often in better detail and made clearer - on freely available websites. I did pick up a few additional ideas, which is always beneficial. If he had charged $30 for this book, it still would have been overpriced, but at least reasonable. But, at $50+ you are NOT getting what you pay for. For the price, you should be getting a lot of new information in ways you never considered. This is just a series of low-level discussions with a lot of graphs. He also sells videos for $300 (which I've not seen), but I bet they aren't anything better than you get for free elsewhere.

Conclusion: Save your cash for your trading and do a quick Google search on forex and take advantage of all the free information.

Excellent, Serious Work on Forex Trading
Customer Rating:  Score = 5 Score = 5 Score = 5 Score = 5 Score = 5

The author is spot on with his observations of market tendencies and his methods to exploit those tendencies. This is an excellent strategy book with workable techniques, I actually modified two of the strategies and made them even better. Ed Ponsi's book put me on to something I hadn't considered with the FXEd strategy, I've also applied this to other markets and time frames and it can really make a difference in your P&L statement. This is the type of stuff professional traders actually use, it doesn't usually make its way down to the retail level. Excellent.

Best Forex Book On The Market!
Customer Rating:  Score = 5 Score = 5 Score = 5 Score = 5 Score = 5

I have read nearly every fx book printed over the past five years and without question, Forex Patterns and Probabilities is miles beyond the rest. The book features clear descriptions of strategies with exact entry and exit points, not the general stuff found in most books. The book is not a sales pitch for a chat room or for trading software, just good trading strategies and useful information. You'll find that it's not only useful, it is entertaining and funny as well, a well written good read. There are more good strategies in this book than in all the other fx books combined, so if you are serious about making money in fx this is the one book you have to read.

forex patterns and probabilities
Customer Rating:  Score = 5 Score = 5 Score = 5 Score = 5 Score = 5

I found this book very useful. It was what I wanted & needed to know. i have purchased many books but this book explains things that a trader should know in easy to understang form

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