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Forex Patterns & Probabilities: Trading Strategies for Trending & Range-Bound Markets (Wiley Trading)
by Ed Ponsi
from Wiley
Customer Reviews:
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Avg. Customer Rating: 4.5 / 5.0 
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Book for beginner 
Book providing an overview of the forex market and some simple strategies. A book for beginners. If you have read other similar books, give this one a skip.
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Great beginner book 
I am new to Forex. Ed Ponsi has made this an easy to understand topic and also made it easy to start trading. My first trade (in a practice account) netted $3500 dollars while risking $7000. Truly an easy to read book that let's you look over the shoulder of a professional trader. I have never reviewed a book but felt compelled after reading this one.
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Made A HUGE Difference In My Trading
This book made a huge difference in my trading. I struggled for several years before finding this book, didn't know what I was doing wrong until now. I started using FXEd Trend last year, it was just so-so at first but then this year I've been knocking it out of the park with that strategy. I sent the author an email and he was very responsive, I was pleased to learn that we even placed some of the same trades! I can't believe how clear and simple he makes it, gives you step by step instructions. I never... more info
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Solid knowledge but poorly applied 
Many of the other reviews have described the 'meat' of this book. I will not waste time repeating it.
Simply put -
Mr. Ponsi provides excellent information. However, they are very big moves and definitely not for beginners. True, you could use micro lots so the risk/reward is on a level you could digest...but you will be wasting days and/or weeks of time waiting for this 'perfection' to actually happen...and in ANY kind of trading...nothing (even when everything is perfect) is guaranteed!more info
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