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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 | #236,085 in Books ( See Top 100 in Books ) #22 in Foreign Exchange (Books) #124 in Financial Risk Management (Books) #132 in Online Trading & Investing |
| Customer Reviews | 4.5 out of 5 stars 1,423 Reviews |
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.
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!
J**N
Great basic strategy to build off of
I’m fairly new to forex trading and I think this book is helpful to the extent that Jim shows you his basic strategy for trading along with some free indicators for guidance but I think the real value of this book (and I don’t believe it is stressed enough) is that he emphasizes that his indicators/strategy can be a helpful guide, but every trader needs to come up with his or her own time proven, tested strategy that works for them based on your attitude, mental fortitude, and patience, courage, and discipline. I love the fact that Jim does not b.s. you with promises of getting rich but is very realistic and down to earth in his rules of trading and what you can expect from his method. If you are looking for a step by step, get rich quick forex trading method, take a pass on this book. In fact you should probably rethink what the hell you’re doing in the forex market. This a guide to a method that works for Jim Brown. I’ve played around with his indicators and with some minor adjustments to suit my personal style, so far I’ve been fairly successful. 5 stars. I paid like $20 for the book. I’ve made more than that using his method so a good investment in my book. Also I had a question about his indicators so I contacted the email listed in the book and Jim emailed me back personally with an answer so that was pretty cool.
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.
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.
L**S
I came across Jim's first book and thought it too good to be true
Disclaimer: I have read all 3 books and will be adding this same review to all 3. 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 .
T**S
Well another glowing review.
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.
G**N
Metatrader strategy for H4 traders
Some difference int he strategy as outlined in his previous book, and some repetition from his first book....so if you are just interested in an a strategy you can use on MT4 then you can buy this without the first book. Just be aware that it is about Metatrader and his indicators that come with the book only work on this platform. Jim mentions he can make the code available for other platforms and it would be great if he just published the code to the indicators so they could be transported to Tradestation or cTrader by his readers....and that would have been an easy addition to the book... a few more pages at most. Thats the only reason why I gave it a three star...otherwise for Metatrader users its a 4 star.
J**L
A great read, easily understood and a must have for ...
I have finished reading this book. This book outlines a method that looks to produce a high probability as well as a high risk-to-reward ratio way of trading the forex market. The real advantage of this book is that the author has provided the custom indicators he uses as a free download. I plan on using the method outlined in the book to trade on the 1hr timeframe. The author covers the use of the indicators, highlighting the pros and cons, as well as money management. There's a good discussion on various ideas regarding management and exiting your trades. Overall, I highly recommend this book!
D**N
Super Buch / Empfehlenswert
Ich habe bereits einige Bücher über Trading-Strategien gelesen. Das Buch von Jim Brown gefällt mir am besten. Es ist einfach und verständlich geschrieben. Es sind sehr viele Chart-Beispiele mit sehr guten Erklärungen dargelegt, sodass es dem Leser wirklich verständlich wird. Zudem erhält man die Indikatoren und kann die Strategie anwenden und nachvollziehen. 5-Sterne 😊
C**R
Serious trading method, straight to the point, and efficient
First of all, I have to say that I went through lots of books, methods, indicators and so on. Jim Brown is in here going straight to the point, explaining in detail which indicators he uses on MT4, and how he uses them on which timeframes to find good entries and how to exit in profits. This is not a get-rich-quick scheme but more like a solid new method that you can add to your portfolio to make more profits if you are willing to follow his steps and recommendations. All indicators can be downloaded when purchasing his book and his YouTube channel also gives great content about his method and he provides trade examples on real scenarios. I really recommend it to anyone who is already a bit familiar with trading on MT4 and trading in general. All in all, a great purchase and recommended to anyone who wants to learn one more solid trading method!
J**L
The Only Blueprint
this book is the key to success!
B**Y
The book is easy to read and provides clear and logical instructions to traders
I have found out about Jim's method on a recent YouTube podcast and after listening to him talk about his trading I was captured by his straight forward no BS way of coaching, then I watched a couple of his own training videos available on YouTube and decided to get this 2nd book in the series. The book is more like a PDF guide describing what one needs to do, giving enough explanations to get started developing a trading system and running it on a demo account. It took me less than an hour to read. I am a beginner trader and am about to explore the method JIM generously hands out, I will choose a few pairs to start out with and then tweak the system further until it is in sync with my lifestyle. Great book, I am happy to be part of the community.
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