MT4/MT5 High Probability Forex Trading Method (Forex, Forex Trading System, Forex Trading Strategy, Oil, Precious metals, Commodities, Stocks, Currency Trading, Bitcoin) Paperback – August 4, 2016

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!!!

I'm known as the Simon Cowell of book reviews because I don't pull any punches if I don't like a book. But this one is easy because it is a positive review. I was a little apprehensive about buying this book because of so many glowing reviews, but now here I am giving a glowing review. I think this book is about as well presented and written as possible. It isn't too long but not too short with plenty of charts and explanations. He gives you very objective entry signals from the indicators that he provides to you. I've been around the block more than once when it comes to these kind of indicator signals so I know if it's just a fluff dime or dozen system or not. This author knows what he is doing as evidenced by his approach to trading. These signals are just the starting point. The fact that he leaves it up to the trader to use his or her own confirmation techniques tells me he knows exactly what trading is all about. One trader might not like using trend lines as a confirmation but relies on divergence. Another trader might want both. Another one might only use candle patterns like stars or hammers. But what the author is saying is start with this signal and then use your experience and preferences from there. Or, you could just use the signals as provided - it's up to you. Trading isn't a one size fits all kind of concept and the author knows that which is why is serves up different suggestions on how to supplement the signals. This book is legit and extremely well done. Highly recommended.

I first purchased this book in 2017. I dove in and learned a lot... but ended up focusing on other markets after a few months. Fast forward to 2023 - I am back in, and learning so much more about Forex trading.After a few Udemy courses, numerous videos, and other books - I found myself returning to this gem of a book, along with Jim Brown's other two books. Each is valuable all on its own, but all together, hard to overstate how much info is available.Everything is explained clearly. All that is required is taking the time and having the patience to apply what is given.Being new to forex when I first bought the book, I didn't fully understand or appreciate the role of probability in Forex trading. Which is funny because it's ALL about probability.Even the greatest traders lose trades regularly. So the whole game is managing risk/reward while taking trades with the greatest probability of going your way. This information and strategies offered in this book are what is needed to build a solid and winning trading system.

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