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Forex Made Simple: The Ultimate Trend Trading $y$tem, by ALPHA BALDE
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In the tradition of forex Made Simple Series, I would like to share with you
a very powerful and unique approach to Trend trading.
A Practical Step by Step trend trading strategy that can easily yield 200 to 300 pips per week.
They say that “the TREND is your FRIEND”....with this book you will turn the TREND into your everlasting LOVER...
Grab a cup of coffee, open your MT4 platform and let s start....Shall we?
- Sales Rank: #396591 in eBooks
- Published on: 2013-02-27
- Released on: 2013-02-27
- Format: Kindle eBook
Most helpful customer reviews
4 of 4 people found the following review helpful.
Simple System explained in a simple manner
By Alen Schiller
The concepts are pretty simple and straightforward. This is yet another "trade the pullbacks" system. The really nice thing about the book is that the other doesn't pretend it is anything other than it is. It is explained in a simple clear very short manner. There are only one or two examples but they do show enough for an experienced trader to extrapolate.
Unfortunately there are no examples of failed trades when following the system. However, most importantly there are rules described for determining risk/reward ratio. This means the author clearly recognizes the risk associated with the trades.
If you are looking for a simple system that is explained in a very few pages, this is a good book to start with.
6 of 7 people found the following review helpful.
Quick read. Rock solid. Answered a question that probably puzzles many traders.
By Mr. Twenty Twenty
No fluff. Quck read. Took me a whole 10 minutes to read, and another 10 minutes to set up a set of charts to explore the system.
With all that in mind...
The number one problem I have seen many traders I work with bump into - besides the mindset issues - is "which" trend do I follow. If you have been trading for sometime, you have probably noticed that there are a number of "trends" you can choose from, and sometimes it can get very frustrating. Especially if you use a trend from one time frame, and another time frame trend is what matters.
Alpha's Trend Trading system, gave me a HUGE breakthrough insight into what trend to follow. Using his system, it's easy to see for example the ONE hour trend is short (it is right now) but the 5 minute and 15 minute are LONG. So what do I do? I look for which time frame has a clear trend AND a decent set up - using his method.
BONUS POINTS: I had a question about using the system on a different charting system than the one Alpha suggests, within 2 hours I got a personal email from him. Solid gold. Good book and the author goes the extra mile. Pick it up, add what you learn to your toolbox, and enjoy the ride!
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