PDF Download Trading Forex with Divergence on MT4, by Jim Brown
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Trading Forex with Divergence on MT4, by Jim Brown
PDF Download Trading Forex with Divergence on MT4, by Jim Brown
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TWO of Jim's FOREX books are consistently ranked *BEST SELLERS*�on Amazon and this new book is set to take off!Jim, from Queensland Australia, is a full-time Forex Trader, currently residing in Vietnam.
While Divergence may sound a little technical and intimidating, Jim assures you that it is easy to understand when you know what you are looking for. Some even consider Divergence to be a leading indicator. Basically, it is the difference between what the actual price on the chart is doing and what an Oscillator type indicator is doing. This book will use the same principles as his MT4 High Probability Forex Trading Method, but it is a stand-alone book and concentrates more on trading with Divergence. Jim has no affiliation with any links included in the book and there are no up-sells or ongoing costs for this method, his custom indicators, template etc. �Also worthy of mention is that this Method can be used with any other financial instrument that your MT4 platform offers.
Here is an outline of what is included:
1. A downloadable package which includes Jim's personal custom indicators:
2. 50+ images to explain Forex Trading using divergence (access to download/print)
3. A video with instructions on how to load the template and indicators to your MT4 platform.
4. The Table of Contents outline includes:
What people are saying:
This book is very informative and presents a nice trading strategy that is easy to understand. The author also supplies a link to the indicators he uses which can be downloaded for free. One of the best Forex books I have read! �- Dave C
I would definitely recommend this book. There are many indicators and all kinds of trading strategies. However, getting to know about trading with divergence will give a big heads up whats coming next. �- �Erdene-amgalan
Top notch! This book, like all other previous Jim's book I read, is simply great. Very simple to read with plenty of trade examples. With some basic trading notion this book is certainly a great help. It's good to have it in my own library. I would certainly suggest it. �- Valerio M
- Sales Rank: #139437 in Books
- Published on: 2016-12-19
- Original language: English
- Dimensions: 9.00" h x .20" w x 6.00" l,
- Binding: Paperback
- 82 pages
Most helpful customer reviews
1 of 1 people found the following review helpful.
Buy the other book "High Probability Forex Trading" then buy this book...you'll have another trick up your sleeve!!!
By Eliel John J Malabar
Another great book by Jim.
Again, if you are new to forex and would want to learn the basics, this is not the book for you. Search the web and you'll find the basics for free, or you could buy Jim's other book "Forex Trading - Basics Explained"...though I haven't read that one yet. This is a strategy book and won't run you through the basics of what forex is and or run you through the basic vocabularies for trading.
Before you buy this book, I suggest you buy the other strategy book first - MT4 High Probability Forex Trading Method. It would be easier to understand this if you've read the other one. If you've read that one and are looking for more opportunities to trade, then this book might be for you. Yes, trend is your friend, but trending markets are not forever. They even say that trending markets are just about 20% of the time. So what do we do with the other 80% of the time. Find good setups for ranging markets, reversals, continuation setups, etc.
Now this does not talk particularly about ranging, reversals or continuation strategies, though this could also be done on those mentioned I think. This is an additional tool on your arsenal that would give you setups when you will be finding none using trending strategies alone.
Plus, Jim gives you his own custom indicators, which gives you signal to buy or sell, which you can consider, but of course it is your own judgement call as trading against the trend or trading reversals is not as high probability as trending strategies.
The most important value of this book is being invited to his group wherein he posts his setups and educate us as to why he is doing it. Also, other guys there post what they see using this strategy and you too can post there and ask for feedback as to what the other guys see. If you are new to forex, you need a mentor and some trading buddies, this is where you can get it. Though he would definitely tell you he is not a guru. Just joined this group last week and am so pleased doing it.
For the price, this is the best you can get.
1 of 1 people found the following review helpful.
Excellent book for trading strategies and money management
By Amazon Customer
This book is more concentrated on Jim's latest trading strategy than in Forex itself, I would strongly recomend to at least have bought one of the 2 previous books from Jim to fully understand and get the most of this one. Again, Jim does a really nice work on this book since you can sense his experience speaking for him all the way through it. As an author, I havent seen once who provides such personal trading support and trading instruments, as Jim does. If you are new to trading (the kind of "new" who already has a trading account but isnt consistently making money) then this book will clear the specific trading doubts that you have. As an example, it really helped me in regards to stop loss order placement. Divergence, although a little bit complicated to apply to your trading at first, is explained well, as Jim does a nice work on teaching you his method. In regards to the trading system he provides, I havent really tested it but having experienced the previous one he provided and seeing the new one on the book's charts I will test it, and I truly hope it can improve my trading (since the last one really surprised me on it's performance and my profits). It is important for you know that a trading system is NOT all you need to make money. It is indeed a powerful tool to boost your trading success but ISNT everything and you cant rely 100% on it to make money, you have to have good money management, discipline, self-control and more knowledge about forex in general.
1 of 1 people found the following review helpful.
Jim Brown's book on trading divergence is a real gem ...
By Amazon Customer
Jim Brown's book on trading divergence is a real gem: clear explanations of the strategy supported by plenty of chart examples. His personal support and guidance is an added bonus. He is a welcome addition in the forex community.
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