Forex Patterns and Probabilities: Trading Strategies for Trending and Range-Bound Markets by Ed Ponsi

My View

Ed talks about Trading Psychology and he shares some of his Trading Systems in the book. This is a good book for new to intermediate traders as he talks about basic mechanics of trading.


While most books on trading deal with general concepts and shy away from specifics, Forex Patterns and Probabilities provides you with real-world strategies and a rare sense of clarity about the specific mechanics of currency trading. Leading trading educator Ed Ponsi will explain the driving forces in the currency markets and will provide strategies to enter, exit, and manage successful trades. Dozens of chart examples and explanations will guide you each step of the way and allow the reader to “look over the shoulder” of a professional trader hard at work at his craft.

This book provides traders with step-by-step methodologies that are based on real market tendencies. The strategies in this book are presented clearly and in detail, so that anyone who wishes to can learn how to trade like a professional. It is written in a style that is easy to understand, so that the reader can quickly learn and use the techniques provided.

About the Author

Ed Ponsi is the Managing Director of Barchetta Capital Management LLC and the president of FXEducator LLC. He’s a professional trader, author, and in-demand public speaker. He also plays a mean guitar.

Ed has appeared on CNBC over 75 times and has also appeared on CNN, the BBC, and Bloomberg TV. He is a dynamic public speaker who specializes in the topics of trading and economics.

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