Binding: Kindle Edition
Dewey Decimal Number: 332.45
Format: Kindle Book
Label: Wiley
Manufacturer: Wiley
Number Of Items: 1
Number Of Pages: 272
Publication Date: July 27, 2007
Publisher: Wiley
Sales Rank: 5137
Studio: Wiley

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Editorial Review:

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.




Rating: - Patterns and Probabilities
Ed Ponsi's explanation of trading strategies for trending and range bound markets is a well written publication. Although one would not expect him to demonstrate everything that is needed to be known on this subject what he does cover is certainly drawn from his past experience and as such extremely informative. Bottom line is though if you are new to forex it is a must read especially since the potential pitfalls of the trade are definitely well highlighted.

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Rating: - Simply excellent
I read many trading related books over the last 5 years and I mean to absolutely score this book with 5 stars. It's simply excellent! The author uses a very simple and familiar explanation scheme to descibe some simple yet effective strategies to profit in the forex market in practically any time frame. He also explains the underlying psychological factors which cause certain patterns to develop, creating the so called "tendencies" that, once understood, may be fully exploited to cash in some good ... Read More

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Rating: - Forex Patterns & Probabilities
Excellent book which everyone who is new to forex trading should read and backtest strategies discussed by the author.

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Rating: - Excellent Entry Point for a New Trader
This book is packed with lots of information for a new trader like me. I wish this was the first book I bought about forex trading.

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Rating: - Absolutely Brilliant!!
What a great book on trading, by far the best I've read on Forex (and I've read most of them). The book begins with an overview of Forex, but doesn't get bogged down in minutiae - instead, the author lays out the groundwork and explains what he calls the "playing field" of Forex. Then, he shifts into high gear, blasting out one fully developed strategy after another. Entire chapters are devoted to individual strategies for ways to trade trending markets, and there is no filler or wasted time. Once ... Read More

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