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📊 Elevate Your Trading Game with Proven Strategies!
The MT4/MT5 High Probability Forex Trading Method is a comprehensive guide designed for traders looking to enhance their skills in Forex, commodities, and stocks. Released on August 4, 2016, this paperback offers step-by-step strategies that cater to both novice and experienced traders, ensuring they can identify high probability trades and maximize their profits across various markets.
| Best Sellers Rank | #374,728 in Books ( See Top 100 in Books ) #16 in Foreign Exchange (Books) #156 in Online Trading & Investing #327 in Investment Analysis & Strategy |
| Customer Reviews | 4.5 out of 5 stars 1,422 Reviews |
M**Y
Nice book. Sweet, short and to the point.
I love informational books likes Jim's that get right down to the point and describes the trading method and relevant facts. He speaks candidly in the book and is not overly scientific. He tries to keep things as simple as possible for the reader and the concept really is seems pretty straightforward. He has a nice website, offers some indicators to get you started for free, and offers some support pages and has even responded to some of my emails when I had a question. I am only about 3-4 months into Forex trading so I have limited knowledge about Forex and really all trading but was able to read his book, take some notes and get started all within about a week. Now, I have all of his indicators and all the of the Majors and Crosses loaded on their own platform now and that MT4 set up is dedicated to Jim's system. I can quickly scan through all of the pairs and look for the buy signals from Jim’s indicators and then look for divergence to lock it in (I still need some practice with that though). I am going live with some small amounts to wet my beak a little with High Probability Divergence. If I don't end up using it exclusively, I don't see why I would not at least use it for some very strong signaling on where to get into and out of the market.
M**S
An Easy Trading System that Works
This is the best book on forex I have read since I began trading two years ago. Clearly written, very practical, and short, it provides essential material that is actionable to both beginner and experienced traders without lots of theory and fluff. Mr. Brown’s system is free and easy to understand. You only need to download the customized indicators and template that are included with the book. The indicators can provide highly accurate and consistent forex trade signals across most time frames, which you can test/backtest in demo mode for a while before risking real money. You will not be disappointed in these signals, especially if you are new to trading and have struggled to find the optimal mix of indicators to identify trade entries. Jim Brown’s MT4 High Probability Forex Trading Method is exactly that, and at a tiny fraction of the cost of “signal services” and fancy FX courses. This book is a fantastic bargain, and best of all, Jim is available and responsive by email to answer questions and offer suggestions. Great job!
E**R
If you've gotten your feet wet in forex and are loosing money...buy this book!!! Now!!!
This is an amazing trend following strategy book. For the price, this is already a steal. If you are new to trading and would like to learn the basics, better do some research first before going to this one as this is already giving you the strategy, not the basics. We have google now so that would be easy. You could use babypips.com, investopedia, etc. Or better yet buy Sir Jim's other book "Forex Trading - Basics Explained"... though I haven't read the basics book as I've already done my research on the internet. But if you already have a few of the basics done and have gotten your feet wet (demo account or live) and are loosing money, you've come to the right place. As said, this is a great trend following book and in forex trading - "the trend is your friend". I've bought and read a different trend following book before and it was great...but this one takes it to another level. I used to be using price action alone (no indicators) and try to assess pivots, high-lows, low-lows, swing-highs, swing-lows, etc. by sight. Though that is also effective when done right, judging the pivots and entry points is subjective and makes you second guess yourself. This book clears that out for you. Why, he will include a link for the custom indicators he had made which basically tells you if it is a signal which you can consider. I also used use only one MA to judge the direction of the trade, but he advocates using three to better judge the direction, which is easier on the eyes as good trade setups will have a nice layered MA. You can look at the cover and you'll have an idea what I'm talking about. Last and most important thing, if you go into trading, one of the most valuable thing you will need is a mentor and several trade buddies. Jim offers the best help by inviting you to join his forex trading group at the end of the book. Am in that group just last week and he certainly has been very helpful. He posts his open trades and gives us his thoughts on it. You can also post if you see something and Jim and the guys from there will gladly help you out and tell you if they see something in the trade or not. But of course you have to have your own decisions when trading and be responsible for your own call on the setups. For the price, this is a steal. Buy it!!!
A**9
A very good read. I'm new to Trading I've been trying ...
A very good read. I'm new to Trading I've been trying to trade for a couple of years now with no success and now that I've read Jim's book I actually can see further success down the road. He gives you the templates you need and understanding on how to use them. He encourages you to test it out on multiple time frames to see which one best suits you as well as having a Facebook group page when you can speak to other traders who are using Jim's system. I wish there was indicators that can be used on the mobile device as well just in case you're not at your computer but it's okay you can't have it all. But I am loving his book it was easy to follow and understand and pictures to help guide you to understand how the chart should be when making entries as well as where you should also place your stop losses. I see nothing but great success in his teachings and I'm happy that I finally found a system that I didn't have to break my wallet just to get.
A**R
Jim has a fun and easy to follow style of communication
I read Jim's previous book and follow him on his Forex Facebook page, and find his information to be timely and very valuable. Jim has a fun and easy to follow style of communication, mostly to the point with a bit of humor thrown in. Combine this with his many years experience in Forex trading and you get this book, "MT4 High Probability Forex Trading Method". He explains his trading method in great detail which uses primarily 3 indicators: Moving Average's, the MACD, and a early warning indicator, which is integrated into the price chart and MACD. Plus he provides these indicators he uses everyday with this book, which makes it and excellent resource for any trader. Trading Forex is easy but being successful at it, is NOT. Follow the method in this book with consistency and you will make money. Lastly, the great thing about Jim is when he says to send him an email if you have questions he absolutely means it. I've found him to be very generous with his information and time.
M**E
This is a great book!
Jim's first book introduced the reader to FOREX. His second book introduced the reader to a profitable system - and yes, it IS profitable if you follow the rules. Along with the book, you also get access to his Facebook group, where people are always willing to help you out, and you get to follow Jim's trades in real time as well as see his trade log. The book is cheap, the Facebook group is priceless and more than worth the cost of the book. Just following along with him and seeing his logic is VERY helpful. And yes, it's a profitable system. I've written down his rules, follow them, and have been consistently (overall) profitable. Am I at the point where I can stay at home and live the day trader's dream? No! Is EVERY trade profitable? No! But overall I have been consistently profitable, and that's more than I can say for the other books/systems/indicators I've bought and tried. For the price of the book, it won't cost you much to at least try it out.
B**R
Simple and profitable
Easy to read and understand. The book presents combined QQE & zero lag MACD strategy for entries and exits. The author explained very well how to use the system for entries but exits are managed manually. Overall profitability of the system is still unclear. No quantitative metrics to measure the system results are presented. No way to filter out counter trend QMP dot entries is discussed. This book is good for beginners who wants to get in to forex trading but advanced traders will not be convinced easily to consider the book contents and strategies into their portfolios.
M**W
Excellent price for a great deal of info
I've read a number of Forex trading books, including strategy books. Jim's book contains a great deal of information about his strategies including some things I have not found in other books. Jim goes into great detail (not confusing detail) about his indicators, how to set them up, how to make your price chart look just like his to really confirm the understanding of his strategy. He talks about trade management, and gives multiple suggestions about different ways you may choose to handle your trades. Some books will never mention potential "pitfalls" where Jim actually covers it, right out in the open. He even discusses what he does as a strategy if his trade gets stopped out, how to get back IN a trade he was stopped out in if the signal is still active, and how he handles multiple trades. This book would be suited for anyone with very little experience because unlike other signals and indicators out there where there is a little guess work, and maybe a little "is that actually the signal" there is no guessing with Jim's strategy. It literally tells you when to buy or sell, no guessing. This makes the trade very easy. Then it's up to you how you manage it. For the experienced trader, Jim's strategy allows for multiple trades at once, and handling multiple positions. He even goes on to discuss money management topics and throws in an excellence piece about divergence. The book is loaded with good value, and WELL worth the read. I got the Kindle version so I can load it up in my computer and refer to it often. Highly recommended.
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