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!!!

Top critical review. Reviewed in the United States 🇺🇸 on July 8, I was disappointed with this book. It does not describe any concrete, mechanical tradable system that is likely to generate profits. My specific criticisms: 1. It does not explain the underlying mathematics of these custom indicators, so there is no way to understand how these indicators work without further research.

It provides the reader with no specific, unambiguous rules about how to trade. You could then manage the open trade by various means, whether that is via a hard profit target trailing stops, or some other levels like Fibs, Support and Resistance, Pivot Levels etc. There is no evidence that this strategy actually works. The author makes an unverifiable claim that this system works for him personally. That may be true. The author also does not present any statistics to give you confidence in this system.

The bottom line: This book provides a loose outline for a trading system that cannot be tested and might or might not actually work. Sort by. Top reviews Most recent Top reviews. Filter by. All reviewers Verified purchase only All reviewers. All stars 5 star only 4 star only 3 star only 2 star only 1 star only All positive All critical All stars.

Text, image, video Image and video reviews only Text, image, video. There was a problem filtering reviews right now. Please try again later. From the United States. Verified Purchase. Showing 0 comments. There was a problem loading comments right now. Jim Brown is a singularity in the universe of forex training. This book - in a very short while - steered me away from the gambling impulse caused by over-complexity "What the heck, this trade just feels good Mr Brown offers many suggestions for filters that will eliminate some of the weaker trades and favour the stronger ones.

I like that. He is not prescriptive, like so many forex teachers "Just follow the rules" , but gives you enough encouragement to fine-tune his formulas to suit your own temperament. As a stubborn individualist I find this strategy really helpful. I am busy testing and comparing the various filters he suggests, but even without filters it seems his indicator signal system gives you an edge on their own with a fair dose of chart reading common sense thrown in, of course.

I am so pleased with Jim Brown's trading strategy that I am about to order his book on divergences. His brief introduction of the subject in High Probability Forex Trading and my first tentative tests suggests to me that this is possibly the best filter of all to support Jim's signal system. The fact that his indicators are free and are combined with after-sales accessibility and an invitation to join his group of like minded traders makes this book ridiculously cheap.

Most other teachers would charge an arm and a leg for the service he provides. One person found this helpful. Easy to read and to understand.

He takes you straight to the point, no drama like other authors. He is also very helpful if you need more clarification, I follow him through his social media, getting guidelines and advices every single day. I was impressed when an old man reviewed and get in touch with him. It was a kindness from Jim to help others, not just selling his book to get money's.

But beyond that. Thank you J for your wonderful work. Regards Hamood Khamis Muscat, Oman. I've been using this strategy for a month now, and since I'm a day trader I adapted the strategy to the 15 min timeframe by trading only the first three hours of the london session on the major currencies and closing the trades before the end of the day.

I found out that I can get at least one setup in this period of the day known for high liquidity and sometimes get out with a nice profit even before the start of new york session.

The main challenge I found is the trade exit. Of course I get winners and losers, however I end up with a positive equity most of the times. The book offers you the liberty to customize the strategy especially the exits for your needs, so you have to do some backtest and find what's working out for you. I also open no more than one trade per currency pair a day, so I prevent the market from taking my winnings and control my impulse to revenge trade.

The strategy is great tool, but you have to combine it with good psychological skills so you can end the day or the month with a nice profit. 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. Here is why An invitation to join his Facebook and Telegram Groups which have around 6, new as well as experienced Forex Traders contributing, which includes daily interaction with Jim.

Jim calls his trades live, shares his results and records weekly trade analysis videos on his YouTube channel. Contact with Jim should you require any clarification on this trading method. Jim, from Queensland Australia, is a full-time Forex Trader and currently resides in Vietnam. This particular book provides a reliable and robust trading method which Jim has refined over many months on both demo and live trading.

Jim uses the popular MetaTrader platforms to trade. These are more commonly referred to as MT4 or MT5, and there are many reputable brokers who offer these platforms. As mentioned above, the method is now also available to be traded on the very popular web-based TradingView platform.

Although Jim concentrates solely on Forex trading, there is no reason why you could not trade this method on other financial instruments offered by many brokers. Loading interface About the author. Jim Brown 78 books 20 followers. Librarian Note: There is more than one author in the Goodreads database with this name.

Jump to ratings and reviews. Want to read. Rate this book. Jim Brown. All of Jim Brown's Forex books are consistently ranked 'Best Sellers' on Amazon! Here is why An invitation to join his Facebook and Telegram Groups which have around 6, new as well as experienced Forex Traders contributing, which includes daily interaction with Jim.

Jim calls his trades live, shares his results and records weekly trade analysis videos on his YouTube channel. Contact with Jim should you require any clarification on this trading method. Jim, from Queensland Australia, is a full-time Forex Trader and currently resides in Vietnam.

This particular book provides a reliable and robust trading method which Jim has refined over many months on both demo and live trading. Jim uses the popular MetaTrader platforms to trade. These are more commonly referred to as MT4 or MT5, and there are many reputable brokers who offer these platforms. As mentioned above, the method is now also available to be traded on the very popular web-based TradingView platform. Although Jim concentrates solely on Forex trading, there is no reason why you could not trade this method on other financial instruments offered by many brokers.

Loading interface About the author. Jim Brown 78 books 20 followers. Librarian Note: There is more than one author in the Goodreads database with this name. Write a Review. Create a free account to discover what your friends think of this book! Community Reviews. Search review text. Join the discussion. a quote. a discussion. a question.

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