Trading Forex with Divergence on MT4/MT5 & TradingView: 3 (Forex, Forex Trading System, Forex Trading Strategy, Oil, Precious Metals, Commodities, Stocks, Curr)

I have gone through the book and its mostly having very good tips on using the system which has worked for the author. This particular volume is mostly about trade setup and not intended for someone looking for forex basics course. You should probably buy the first volume for knowing that. All in all, highly recommend to test and use this. the book is very detailed

I bought this book on 2016. I got his another book about FOREX TRADING. This is the one of the best book ever I have seen in my trading career about divergence. After gone through this book I am very clear about false trends which leads to loss. It is god book not only forex markets also it applies to all markets. I recommend this book should be in traders library.

It is a very simple but effective method explained in a very simple language. I did manaul back testing and found to be very effective. Most importantly it is a non repainting indicator. I would definitely recommend this book. Waiting to do a automated backtesting which would give better picture of the effectiveness of this method.

Looked everywhere to understand about divergence and to find consistent strategy based on divergence and this is one good piece of book for one who is looking for divergence trading. Great work jim 👍

Jim comes with a clear explanation of Divergences and to make the concepts clear he has laid out a lots of visual chart examples. There is no better setup you could spot than a Divergence setup on your chart for making profits. This book has the most successful trading system, clearly explained that can make you a profitable trader/investor. Absolutely recommended.

Nicely explained Strategies, I will sure backtest and implement it. If got favorable results surely recommend to others to Buy

It is best book written in very detail specially to the freshers along with best EA also provided. It is the best book I have ever seen on forex trading.

Jim has it down to a science. Not too much discretion is needed. I am happy to find a strategy that fits my personality and lifestyle. Jim is also super helpful in his Facebook group, weekly Review videos and telegram channel. If you believe in the strategy, it will work for you.

Excellent

English:Great book and amazing trading system! Quite easy to implement and very profitable!The book comes with a downloadable package of custom indicators on which the system is based. Trade entries are quite mechanical, yet there is some discretion. You may trade in the "smart and conservative way", that is with the trend, or take any signal provided by the system. In any case, it works. Trade management is more discretionary, but the author gives some ideas and insights, including the possibility of following rigid/mechanical rules (such as a fixed risk to reward ratio with non-adjustable SL and TP). However, I personally prefer to manage the trade actively, according to the system's rules, as the author shows through some examples. You may trail your stops, manually close the position, take partial profits (scale out) and so on.The system should work on any timeframe, however it provides the best results on higher timeframes, such as the 4-hour or daily. As of now, I have only used it on the 4-hour timeframe but a quick backtest showed me promising results on smaller timeframes too.There is also a great community connected to the author and the system, which you can join through several platforms (YouTube, Telegram, Facebook, etc).To sum up, the book is highly recommended whether you are a beginner, intermediate or advance trader. Especially if you are still struggling, this trading system could help (the mental skills needed for consistency should be acquired elsewhere, though).If you are totally new to Forex trading, however, I would recommend starting with the author's first book, as it provides the basics, and then moving on to this one. The author’s second book is not really necessary as the trading system is the same as in this book and summarized in the first chapters, but you might consider it anyway.Italiano:Ottimo libro e fantastico sistema di trading! Piuttosto facile da implementare e molto redditizio!Il libro viene fornito con un pacchetto scaricabile di indicatori personalizzati su cui si basa il sistema. Le entrate sono piuttosto meccaniche, ma c'è una certa discrezione. Puoi usarlo in "modo intelligente e conservativo", cioè seguendo il trend, o prendere qualsiasi segnale fornito dal sistema. In ogni caso, funziona. La gestione delle posizioni aperte è più discrezionale, ma l'autore fornisce alcune idee e consigli, inclusa la possibilità di seguire regole rigide/meccaniche (come un rapporto rischio/rendimento fisso con SL e TP non-mobili). Personalmente però preferisco gestire le posizioni aperte in modo attivo, secondo le regole del sistema, come mostra l'autore attraverso alcuni esempi. Puoi spostare gli stop, chiudere manualmente la posizione, prendere profitti parziali (chiudere una parte della posizione) e così via.Il sistema dovrebbe funzionare su qualsiasi timeframe, tuttavia fornisce i migliori risultati su timeframe lunghi, come il 4 ore o il giornaliero. Al momento l'ho utilizzato solo sul 4 ore, ma un veloce backtest mi ha mostrato risultati promettenti anche su timeframe più brevi.C'è anche una grande comunità collegata all'autore e al sistema (in inglese), alla quale puoi unirti attraverso diverse piattaforme (YouTube, Telegram, Facebook, ecc.).Per riassumere, il libro è altamente consigliato sia che tu sia un trader principiante, intermedio o avanzato. Soprattutto se hai ancora difficoltà, questo sistema di trading potrebbe aiutarti (le abilità mentali necessarie per avere costanza devono però essere acquisite altrove).Se sei totalmente nuovo nel Forex, ti consiglio di iniziare con il primo libro dell'autore, poiché fornisce le basi, e poi passare a questo. Il secondo libro dell’autore non è realmente necessario in quanto il sistema di trading è lo stesso di questo libro e riassunto nei primi capitoli, ma puoi comunque prenderlo in considerazione.

It freaking works. Been trading for a good while and this has been my best tool by far. Thanks to the tradingnut podcast I found this gem.

Mit dieser Ausgabe habe ich nun alle 3 Bücher der Reihe von Jim Brown gelesen. Alle Bücher sind sehr angenehm zu lesen und haben mir eine Menge neuer Trading Ideen gegeben. Außerdem kann man sich über die Links im Buch mit den wichtigsten Indikatoren versorgen. Mittlerweile auch für Tradingview. Jim ist ein Mann der Praxis, und so sind auch die Bücher. Kurzweilig, prägnant, auf den Punkt. Top.