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0470097299
Forex Patterns & Probabilities: Trading Strategies for Trending & Range-Bound Markets (Wiley Trading)
Edition:
Author: Ed Ponsi
Publisher: Wiley
Product Type: Book
Binding: Hardcover
Pages: 272
Number of Items: 1
Released: 2007-07-27
Sales Rank: 21141
List Price: $85.00
ISBN-13 / EAN: 9780470097298
ISBN-10: 0470097299
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2009-01-08 - 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.


2009-01-05 - 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 profits. I really like Ed Ponsi because he wants to make you understand that great targets can be achieved through simple and linear reasoning and through hard work (which trading should be supposed to be), leaving too complex strategies to other market actors. Reading this book you will realize that Ed ponsi is a real genius in his total genuinity and simplicity.


2008-11-16 - Forex Patterns & Probabilities

Excellent book which everyone who is new to forex trading should read and backtest strategies discussed by the author.


2008-10-15 - 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.


2008-09-30 - 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 he has taught us several strategies to take advantage of trending markets, then he teaches tactics for those times when the market is not trending - including my personal favorite, "The Boomerang", which is designed to fade moves at certain times of day. It's all incredibly clean and logical, and practical - this is stuff you can actually use! This book is absolutely brilliant and deserving of all the praise it receives.



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