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A**H
I have come to the conclusion that Jim's books have provided me the best bang for my buck
I read all of Jim's trading books, and this one put everything together for me in an invaluable way. The divergence trading strategies outlined in this book are by themselves worth its price. But the reader gets the bonus of a comprehensive review of Jim's High Probability trading method. This acts as a thorough refresher of the concepts outlined in more detail in Jim's High Probability Method book, and I definitely feel this allowed me to get a much firmer grasp of Jim's trading system as a whole. I was completely new to forex trading a few months ago, and after reading and re-reading about a dozen introductory books on the subject, I have come to the conclusion that Jim's books have provided me the best bang for my buck. I just closed my very first month of live trading with a profit, and can fairly say that Jim's method is the foundation of my own. At least for me, it did help to have a bit of a more in-depth review of the basics before I started implementing Jim's method on a demo account, so I highly recommend reading his "Basics" book first. After that, my personal favorites for reviewing and the basics are BabyPips.com's free "How to Trade Forex" online course, and/or Kathleen Brooks and Brian Dolan's "Currency Trading for Dummies" (if you're skeptical of the Dummies franchise like I was, trust me, you'll be surprised by how useful this book is). Once those are done with, then go straight to the other two of Jim's gems, and you'll be ahead of 90% of most folks who waste thousands on flashy courses peddled by the forex "gurus" that pullulate on the interwebz.
L**S
I came across Jim's first book and thought it too good to be true
Disclaimer: I read all three of Jim's books and will be posting the same review for all three.Mr. Brown has done what many have attempted and very few have accomplished: a simple, reliable, step-by-step program to successfully trade FX. I have traded in the stock market for close to 15 years as both a licensed rep and for personal benefit. Believe me, it is NOT the same as Forex. After countless hours of indicator analysis, backtesting, and overall frustration, I came across Jim's first book and thought it too good to be true. I passed on utilizing his system and can kick myself for that oversight. After more analysis (read: losses), I went back and re-read the book, then his second book, and then the 3rd. I scrapped what I was doing and followed Mr. Brown's instruction to the "T". Jim has even responded to personal inquiries which absolutely blows my mind. I waited to write my review(s) until I had consistent, repeatable results. I do and look forward to utilizing the strategy moving forward. Don't overthink it, buy the book .
E**R
Buy the other book "High Probability Forex Trading" then buy this book...you'll have another trick up your sleeve!!!
Another great book by Jim.Again, if you are new to forex and would want to learn the basics, this is not the book for you. Search the web and you'll find the basics for free, or you could buy Jim's other book "Forex Trading - Basics Explained"...though I haven't read that one yet. This is a strategy book and won't run you through the basics of what forex is and or run you through the basic vocabularies for trading.Before you buy this book, I suggest you buy the other strategy book first - MT4 High Probability Forex Trading Method. It would be easier to understand this if you've read the other one. If you've read that one and are looking for more opportunities to trade, then this book might be for you. Yes, trend is your friend, but trending markets are not forever. They even say that trending markets are just about 20% of the time. So what do we do with the other 80% of the time. Find good setups for ranging markets, reversals, continuation setups, etc.Now this does not talk particularly about ranging, reversals or continuation strategies, though this could also be done on those mentioned I think. This is an additional tool on your arsenal that would give you setups when you will be finding none using trending strategies alone.Plus, Jim gives you his own custom indicators, which gives you signal to buy or sell, which you can consider, but of course it is your own judgement call as trading against the trend or trading reversals is not as high probability as trending strategies.The most important value of this book is being invited to his group wherein he posts his setups and educate us as to why he is doing it. Also, other guys there post what they see using this strategy and you too can post there and ask for feedback as to what the other guys see. If you are new to forex, you need a mentor and some trading buddies, this is where you can get it. Though he would definitely tell you he is not a guru. Just joined this group last week and am so pleased doing it.For the price, this is the best you can get.
A**R
Excellent book for trading strategies and money management
This book is more concentrated on Jim's latest trading strategy than in Forex itself, I would strongly recomend to at least have bought one of the 2 previous books from Jim to fully understand and get the most of this one. Again, Jim does a really nice work on this book since you can sense his experience speaking for him all the way through it. As an author, I havent seen once who provides such personal trading support and trading instruments, as Jim does. If you are new to trading (the kind of "new" who already has a trading account but isnt consistently making money) then this book will clear the specific trading doubts that you have. As an example, it really helped me in regards to stop loss order placement. Divergence, although a little bit complicated to apply to your trading at first, is explained well, as Jim does a nice work on teaching you his method. In regards to the trading system he provides, I havent really tested it but having experienced the previous one he provided and seeing the new one on the book's charts I will test it, and I truly hope it can improve my trading (since the last one really surprised me on it's performance and my profits). It is important for you know that a trading system is NOT all you need to make money. It is indeed a powerful tool to boost your trading success but ISNT everything and you cant rely 100% on it to make money, you have to have good money management, discipline, self-control and more knowledge about forex in general.
S**D
Another excellent read!
I highly recommend this book to anybody wanting to learn about Divergence. This is the 3rd book in the series written by Jim, he also explains the High Probability method of trading (the 2nd book), but this one focuses on Divergence. The topic is well explained with several examples of how to spot them, what to do when you spot them and potential pitfalls in scenarios when they don't quite work in your favour but also strategies to recover from those pitfalls. Divergence is an excellent tool, something like a cheat sheet (as Navin Prithyani also says in his videos) that would to tell you something's not adding up (like a leading indicator) and there is either going to be a likely reversal in the current trend or the original trend momentum will pick in the direction agains, depending on the type of divergece. I will personnally be impleneting this in my own strategy to confirm my decisions on when to take trades against the trend or with the trend. Cheers Jim, great read!
W**L
More than a strategy forex book
This collection goes direct to the most important. Really good job and I recommend it to anyone. Experienced traders, part time traders, a rookjܿveryone.Congratulations Jim Brown!
A**R
Jim's Strategy and Indicators work !
Hi All,I have been using Jim's strategy with the free indicators that are provided with the book for about a month now and so far making a good profit. No strategy is ever going to get you 100% winners but so far they have far outnumbered the losers. Jim also provides daily updates in his FB group which are a great help. I would therefore thoroughly recommend this book. Good luck in your trading !
A**N
Excellent follow-up to Jim's High Probability Forex Trading Method
This is a more focussed look at an area described briefly in Jim's earlier book "MT4/MT5 High Probability FOREX Trading Method". As with the earlier book, it is very easy to read and it describes in plenty of detail (without being too long) the concept of divergence and how to use it to make trades with a high probability of succeeding. And as with the previous books, Jim provides links to the relevant MT4 indicators for you to download and use yourself, along with an invite to join his Facebook group. I'm a big fan of Jim - he reeks of integrity and genuiness and invites you to follow his trades and is always willing to offer advice based on his experience. I've not started trading with this strategy yet, as I'm steadily growing my confidence with the basic high probability method first - but I am keeping an eye out for divergence on my charts and I will undoubtedly dip my toe in very soon!
M**K
His ideas are very simply explained and he has developed a method which is very easy to follow even for a relative novice like me
I have just purchased Jim's book and sat and read it in just one evening. His ideas are very simply explained and he has developed a method which is very easy to follow even for a relative novice like me. Jim also provides an excellent download link which contains all of the tools that you would need to follow his method on both the popular Metatrader MT4 platform and now also the MT5 platform. The PDF documents containing high-quality images of the charts and diagrams Jim uses to explain things are also very welcome. There is excellent advice on trade management including a spreadsheet to enter and manage your open positions. I can't wait to have a go at practicing his method on a demo account and hopefully very soon a live account. I have joined his Facebook group a week or so ago and look forward to engaging with Jim and his fellow Traders as I can see it is a very friendly and supportive environment especially for beginners to Forex
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