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Forex Patterns & Probabilities: Trading Strategies for Trending & Range-Bound Markets

December 23, 2008

Forex Patterns & Probabilities

Forex Patterns & Probabilities: Trading Strategies for Trending & Range-Bound Markets Book Description:
Most Forex books deal with general concepts and neglect how to trade specifically.  On the other hand, Forex Patterns and Probabilities provides you with insight on real-world Forex trading strategies and a unique glimpse into the mechanics of currency trading. Leading Forex trading professor Ed Ponsi explains what moves the currency markets up and down and provides strategies to enter, exit, and money management in between trades. Ed provides us with countless examples of charts and explanations that will guide you each step of the way and allow the the beginner forex trader to “look over the shoulder” of a professional forex trader who’s only business is trading.

Not sure if the name “PONSI” is a bad omen, since it resembles the word PONZI scheme so much, and in this time of Bernie Maddoff the Ponzi King, who’se willing to give it a shot?   “Forex Patterns and Probabilities” has a fair amount of useful information that is presented in an easily understandable and enjoyable manner. The number of strategies is are not numerous and some aren’t very new, but they are effective no doubting this.  It is clear that this book is written by an experienced trader.  One giveaway is the tremendous detail and the clear process of thought that Ed Ponsi has applied in describing these theories and strategies.  Ed goes as far as to show us instances where his trades didn’t work and explain why.

Profiting with Forex

December 13, 2008

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Looking for an “official” text book for learning to trade forex?  Profiting with Forex might be the right thing for you.  If you’re like me, you probably like subjecting yourself to rigorous training in Foreign Currency trading techniques before going live with real money.  I mean, we don’t let fighter pilots fly a jet plane their first day of training.  Why let someone trade without ANY classroom education on how to do so?  Profiting with Forex seems like a REAL hardcover text book you’d get in a school or academy for trading forex.  It introduces investors to the advantages of investing in the global foreign exchange market and teaches them how to capitalize on it as effectively as possible. You will see why Forex is the ideal supplement to stocks and bonds.  In a real sense, Forex is unmatched by any other market in respect to profit potential and ease of use (with a little common sense), this book helps underscores that fact.  Learn how you can generate profits, even when the other markets are going down. Read more

Beat The Forex Dealer

November 11, 2008

Beat the Forex Dealer: An Insider's Look Into Trading Today's Foreign Exchange Market It’s no secret, Brokers are out to get your money, whether that’s a good or bad thing is up to you!  Detailing the dealer-inspired trading techniques developed by MIGFX Inc, consistently ranked among the world’s leading currency trading firms. this book helps turn beginner traders into winning traders.

“BEAT THE FOREX DEALER” offers more than the basics of trading Forex, this book brings to the table many insights into some of the greatest trading triumphs and critiquing unacceptable losses.  The book is quite easy to follow and a truly worth the read.

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