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

By blujam On May 1, 2010 Under Forex Black Panther 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 t… More >>

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

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5 Comments Add yours

  1. ForexGuy
    May 1, 2010
    8:42 am

    Another forex book with NO statistical evidence that these patterns are profitable. I could write 1000′s of books like that.

    If a trading book does not back up its claims with some serious backtests then it goes directly to my “refund section”, no matter how clever the patterns look at first glance.
    Rating: 1 / 5

  2. esanchez81
    May 1, 2010
    8:48 am

    great book but i think it’s a little too expensive. it’s a big help to anyone wanting to better their trading skills.
    Rating: 4 / 5

  3. Felipe Cardona
    May 1, 2010
    10:34 am

    The book is intended for beginner traders or traders who are struggling with their strategies.

    I cannot say if the concrete strategies are actually profitable or not, however the author has very good insight on the nature of some indicators and price action, and this information can be accommodated to whatever plans or strategies you have.

    The information on account management and growth is great. His ideas on why trading from a larger scale and why this is the best way to go are the strongest I have read so far. Also, he does great at teaching the management of trades, SL and TP.

    Finally, he is very funny and the best writer on Forex out of the books that I have read, which, by the way, is very rare. Forex writers tend to be unskilled.

    Please do not expect to get rich out of reading this book. If that is your expectation, I recommend you buy a lottery ticket instead.
    Rating: 4 / 5

  4. Syed Ali Sickandar
    May 1, 2010
    1:15 pm

    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.
    Rating: 5 / 5

  5. Edwin
    May 1, 2010
    3:50 pm

    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.
    Rating: 5 / 5

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CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading.
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