This is definitely not a beginner's book and I suspect that some of the reviews found here giving this less than 4 stars are beginner or very ignorant traders that expect to be spoon fed.

Is this book perfect? No, that is why I did not give it 5 stars. But it does come close. The only perfection I have seen is Steve Nison.

This book is basically about candlesticks, pivot points and some basic indicators like MACD, Stochastics, Fibbonacci. He also discusses risk management and psychology.

If you are looking for a 'system'...you will and you won't find it here. He gives you some basic systems to start with. Really...you have to learn, understand and create your own system and style of trading Forex and build on the knowledge given in this book. No book can give it to you. It comes from knowledge of yourself and experience with Forex.

I found his information on Pivot Points to be excellent and it definitely expanded upon my already strong understanding. I trade pivots, candle signals and at times use things like Bollinger Bands for confirmation. That is it. I stopped complicating Forex, made it simple and the money rolls in. Trending pairs, consolidated pairs, ranging pairs...doesn't matter. Once you understand price action...the world of Forex is yours.

One of the reviewers beneath me claims the techniques Person teaches do not work unless there is a trend. HAAAAAAAAAAAAAAAAAA WRONG!!!!!

I use these techniques in trends, ranges, for momentum and breakouts. It applies if you know how to trade those conditions. If you know what is and is not possible in those conditions!

If a market is only moving in a 20 pip range....DON'T TRADE IT. DUH! Nothing but scalping will work there. If the market is in a 30 to 40 pip range...I am making the money! Also, (common sense alert) what is possible depends on your broker, the spread, etc. My broker is an ECN so I have no slippage or spreads to deal with. I pay a $10 commission on each standard lot I trade. So, if I grab 20 pips ($200) and I pay a $10 comm. I made $190. With an ECN, I can trade anything.


Do not expect this book to be more than it offers. Any idiot can read the table of contents and clearly see what this book will cover and will not cover.

If you are new to Forex...get a strong foundation down first before you try this book. If you are already successfully trading and want to learn more...this book is for you. If you know pivots inside and out...you probably will not learn anything.

If you are not successfully trading Forex, have an intermediate to strong understanding of trading but do not use or know anything about Pivot Points....this is the book for you!

Before buying any book, before you even try trading...you had better have a strong understanding of Japanese Candles. They work in every market and on all time frames. I would not trust any material unless it is Steve Nison's. So start with his books and build from there.

Steve Nison's 'Profiting in Forex' DVD set (about $600) is THE gold standard when it comes to learning how to use candles with Forex in my opinion. That DVD course BLEW ME AWAY! And I knew my stuff too but I still learned new things! If you want to get good at Forex...combine that course with this book. If you are new...start with the basics first.


This book definitely provides a lot more than most may notice. The question is...are you capable of seeing what the other complainers missed?

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