Forex Patterns and Probabilities: Trading Strategies for Trending and Range-Bound Markets

by Ed Ponsi

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.

Genres: Finance

396 pages, Kindle Edition

First published October 19, 2007

Reviews

[Dai Nguyen · Rating 3 out of 5]

This book gives me some new lessons about: (1) how small trade can easier loss my money and why i should trade lagger sizeof stop loss; (2) how i can resuce my risk on each trade by adjust my stop loss nearer my entry point and out of trade gradually; (3) how i can use EMA-10 or ATR to entry a trade and flag pattern; and (4) some misunderstanding about forex trading.

[Amar · Rating 4 out of 5]

Appropriate for the beginner/intermediate level; not so much for the seasoned pro. Reckon the swing/positional guys will like this more than your typical scalper trader.

That said, also worth mentioning that Ed Ponsi is a deceptively self-absorbed prick; he quietly slips in these anecdotes of how his colleagues couldn't hold it together but he's the level-headed trader who sticks to his plan and plays guitar and has a bevy of beautiful women gravitating towards him. Didn't think there was any need to slip all that in.

[Tuấn Phạm · Rating 5 out of 5]

Đây là 1 cuốn sách thích hợp cho ai đang bắt đầu tìm hiểu về thị trường tài chính, đặc biệt là ngoại hối, cuốn sách này sẽ giúp được bạn rất nhiều để hiểu thêm về nguyên nhân các tác động khi phân tích kỹ thuật, mô hình nến (dành cho các bạn đã biết về nến, các công cụ ptkt, quy hồi...) tiếp đó là các nguyên tắc tham gia thị trường, các cách đánh giành phần thắng cao...

[Huy Nguyen · Rating 5 out of 5]

Cực kỳ hay và đáng để đọc lại và nghiền ngẫm

[Bloodman · Rating 5 out of 5]

ok