Forex Strategy: ST Patterns Trading Manual, EUR/USD Chart Analysis Step by Step, 300% for One Month (Forex Trading Strategies, Futures, CFD, Bitcoin, Stocks, Commodities)

I’m working my way through all the books in the series and writing reviews as I go. I’m almost done with this, the second book in the set of four. So far I would recommend that anyone interested in using this strategy should read all four books as they definitely build upon each other! This book has been an indispensable and critical piece in understanding the strategy. While the strategy is explained very thoroughly in book one, there is a lot to it, which is where book two seems to come in. 75% of this book is a detailed dissection of several weeks/months of the author’s trading decisions, which definitely cleared up some major questions I had about how the strategy should be run in practice. Think of this second book as an “applied” version of the concepts detailed in book one. In my opinion, highly recommended and well worth it. I look forward to reading the rest of the series as I work to master this trading approach.

I originally bought this book when covid had hit and I was trying to find a side income stream. Honestly, I was so new to forex trading I did not understand a lot of it. Now after a few years trading forex and looking to get consistent gains I went back and re-read Book 1,2 and 3 and then read them again taking notes. Then backtested. This still works, yes takes some practice to get some of the more nuanced parts down but the algorithm is sound. Start with Book 1 then I highly recommend Book 2 and 3. You really need all 3 books but this is a cheap investment. And start with book 1 then study book 2 it clarifies more of the steps and so does book 3. I also have book 4 but that particular book is more focused on scalping which I just found was not really where I felt comfortable. This is a good strategy but give yourself some time and practice to master the steps, but it really is not that hard.

I bought Books 1, 2, and 3, and I’m glad I went through all of them because they really connect and make more sense together. I’ve been testing the strategy, and it actually works, but you do need some practice to understand the details. It’s a good system and works if you follow it. It’s not a “get rich quick” thing - the strategy makes sense once you take the time to understand it.

Good book but a little misstated on the profits, the 400% profits is the take profit level of the 400 Fibonacci level, trade is entered around the 100 fib level

The author presents the information in an extremely practical and insightful way! With an excellent strategy and thorough explanations, complemented by practical examples, the theory becomes very clear. This book will surely be a great asset in your trading journey. I highly recommend it - it's absolutely a MUST-HAVE!

I have automated the strategy presented in the book with a ctrader bot and tested it and it simply does not work in practice.

This book teaches a trading method. Is it good? For me is almost perfect. It defines how to open a position and when to close it. It is so well defined that if you analyse the same day twice you will get the same trades. Yes, exactly the same trades. I've never seen anything like that. I am currently trading exclusively using what I learnt from the book and I am having good results. I wrote an email to the author asking for help and he replayed in less than 30 minutes. My question was about a particular case and I sent an image to explain my doubt better. The author edited the image and added the explanations on it. It was a very personalized answer.

This 2nd book on ST Patterns is a must-read! Not only it has more detailed explanation on Stop Line and has colored figures which help a lot in understanding the strategy, it also shows a full month of trading history where people can apply this strategy and in the mean while verify ST Patterns with real data. Correctly placing Stop Line is equally important as starting an order. In this book, Vladimir explained in details all the different cases for placing stop line. If you have questions on this topic after reading the 1st book (Trading Code is Open), you'll probably find all the answers in the 2nd book. PS: I just get to know that there's a new edition on the 1st book (October 2018). I highly recommend readers to purchase the new version if possible. It has corrections from previous edition, and has so much more information as well, e.g. most of the plots have trend direction, open-order line, unformed fractal indicator and so on. At the end, thank you Vladimir for sharing such an awesome book!

I have read all 4 of Vladimir's books twice now. The 2nd time around I made a booklet of notes. The books are excellent. The strategy is also excellent. It is a lot of information to take in, hence why I have read them twice. I will probably read them again too. I have started back testing the strategy of the 4th book, on the 5 minute chart of EUR/USD and so far it looks very effective!! Vladimir is clearly a very intelligent man, with a very knowledgeable grasp of the foreign exchange market, who has decided to share it in these books. What is more, I have sent emails to him with questions of the strategies etc, which to my surprise, were responded to in a very prompt and detailed manor, answering all the questions I had. Thank you very much Vladimir, for a great series of books, and for being so responsive in communication, it clearly shows your passion for the trade, and how much you care that others are as equipped as they can be to succeed in the currency exchange market. Top man. Top books. Get them!!!

Difficult to understand!

I've read all the review and the people how gave 1 stars are ones that haven't read the first book. This book has a blue number 2 in the upper left corner because is the second one!! If you don't read the first book you can't understand this second book. In any case, I'm addicted with Vladimir's theory and if you have read the first book, you can't jump this one. It's vital to go through this second book because there are so many clue!! The theory is not simple...you have to study...you have to spend hours reading again and again some pages, you can ask for some help directly to the author but at a certant point all will become clear and diagrams that at the beginning were unreadable magically becomes simply to read.

(NOTA: Este libro debería leerse conjuntamente con los siguientes libros: Trading Code is Open: ST Patterns of the Forex and Futures Exchanges, 100% Profit per Month, Proven Market Strategy, Robots, Scripts, Alerts (English Edition) Forex Strategy: ST Patterns Trading Manual, EUR/USD Chart Analysis Step by Step, 300% for One Month (English Edition) Trading Strategy: Fractal Corridors on the Futures, CFD and Forex Markets, Four Basic ST Patterns, 800% or More in Two Month (English Edition) Day Trading EUR/USD, M5 Chart Analysis +1000% for One Month ST Patterns Step by Step (English Edition) exactamente en ese orden, todos ellos de Vladimir Poltoratskiy. El libro cuya reseña estás leyendo ahora mismo es el segundo. Los tres primeros libros forman un todo unitario. El último libro no es imprescindible para aprender la estrategia si pretendes operar en gráficos de 1 hora, ya que se trata de una adaptación de la estrategia para gráficos de 5 minutos. Por supuesto, puedes leer solo uno de los libros para echar un vistazo superficial a la estrategia, pero si pretendes operar de verdad, en mi opinión vas a necesitar leer los otros libros también. La siguiente reseña vale para todos los libros pues, como digo, los considero un todo). La primera vez que leí estos libros odié los libros y al autor :) . La mayor crítica que se puede hacer a estos libros es la barrera del lenguaje. El autor es ruso y eso se nota en la redacción. Dicho esto, ya desde la primera lectura, tuve la impresión de que estos libros, a pesar de su dificultad, tenían mucho valor escondido. De no ser así, no habría acabado leyendo cada uno de ellos tres o cuatro veces, subrayando y tomando notas. Tras estudiar concienzudamente sus libros, mi visión de ellos ha cambiado completamente. Ahora puedo ver que esta estrategia, a pesar de su complejidad, está bastante bien desarrollada por el autor y es exactamente lo que yo andaba buscando: un conjunto de instrucciones precisas y objetivas para abrir, gestionar y cerrar posiciones en el mercado forex, sin dudas, sin ambigüedades, sin la subjetividad de otras estrategias. (También es aplicable para otros activos financieros, pero eso es otra historia). Por si eso fuera poco, el autor ha tenido la amabilidad de contestar a todas y cada una de las dudas que tenía (más de tres emails cargados de ellas). Y además responde el mismo día. La estrategia se basa en la formación de corredores en los gráficos. A partir de los distintos niveles de esos corredores, se abren, se gestionan y se cierran operaciones. Esas formaciones desarrollan diferentes tipos de patrones en el gráfico, lo que puede llegar a ser un poco complicado. No voy a mentir, no creo que esta estrategia sea para el completo principiante. Sin embargo, yo soy bastante novato en el trading y creo que he conseguido un nivel de comprensión bastante decente de la estrategia. Pero ello me ha costado estudiar estos libros durante casi un mes. Son cortos, sí, pero densos. Así que supongo que si estás decidido y le echas horas, puedes llegar a dominar la estrategia. Para ser sinceros, aún no he puesto a prueba la estrategia suficientemente. El poco backtesting y trading en demo que le he hecho tiene buena pinta, eso sí. Cosas mejorables: 1) yo si fuera el autor buscaría un buen traductor y reescribiría al menos algunos pasajes del libro que no quedan del todo claros. En general se entiende bastante bien, pero la redacción es mejorable. 2) recopilaría todos los libros y los refundiría en uno solo. Un libro completo, unificado, estructurado, de unas 150-200 páginas, con toda la estrategia bien delineada. Aunque costara 40-50€ merecería mucho la pena. Muy recomendable.

I studied business administration and wanted to learn about the new trading system based on Structural Target Patterns (ST Patterns). The Forex Strategy is a highly effective strategy based on a unique approach to understand and read the market. The strategy is based on fractals and provides a simple approach to structure the market. The chart analysis is step by step and easy to understand. The chart presentation in the book is very good. Excellent strategy and book!