Forex Made Simple: A Step-By-Step Day Trading Strategy for Making $100 to $200 per Day Kindle Edition

So far, I'm very satisfied with the book. For $1, I have pretty mild expectations. I was pleasantly surprised to find out that the book goes into just enough detail to get the ball rolling. If you are looking for a super in-depth look at the Forex market, then get out of the $1 Kindle section. If you want a book that will give a specific plan with detailed entries / exits, then this book seems to fit the bill.I also enjoyed the fact that the author took care to elaborate on the fact that certain market conditions are better than others. Overall, truly understanding the principles in this book should lead to some profitable trades! I admire that the author does not make false promises, but does show you what is possible with his method.I will post back with an update once I've fully tested the system, but so far I'm impressed.UPDATE: I wanted to add a quick note to my original review. I thought that for only $1 I'd get a book on trading forex. I was wrong. I received much more than that. The author has responded to all of my questions very quickly via email. He is truly a courteous professional. You can tell, in corresponding with him, that he actually cares about your success. He really wants to earn your business, and he truly went above and beyond to make sure I was a satisfied customer. For these reasons, I've modified my review to 5/5 stars. HIGHLY RECOMMENDED! A+

I am a veteran trader like some of the other reviewers. I am surprised at seeing such negative reviews of Forex Made Simple when it's cost is only 99 cents. My criteria for judging a book like this is whether or not it presents, in clear form, a complete method for trading. This book does. And at 99 cents I find it hard to believe others think the author is planning to retire on book royalties. Whether I personally view the method as valid for me, or not, is not the issue. I have paid thousands of dollars for teaching and methods that claimed to be the answer to my trading prayers. Most of them offered no more than what is in this book. I wish I could have looked at every trading idea for a buck. Unless you're fortunate enough to train personally under the guidance of an experienced and profitable trader that fits your style, learning to trade is about experimenting with ideas thereby gaining knowledge and common sense about how to approach the markets.The book gives a clear(with pictures) explanation of how to set up your charts. It explains clearly the entries, stops and targets, and addresses when to trade and when and how to consider tweaking the rules or not trading, when markets aren't ideal for the method. Again, becoming successful over the long term at trading requires experience and time in the markets. This will allow you to develop an understanding of what your charts are telling you. I was able to add a couple of simple rules to the system, based on my experience, and traded profitably with the system even in the extremely sluggish markets we are currently experiencing. A novice trader should be able to trade the system as is. They may or may not be profitable, but if they follow the rules they should not end up in a disaster. That is as good as many methods that cost considerably more. Most importantly beginners can gain experience with this book, and veterans can use the method to consider ideas to add to their trading experience. Not bad for 99 cents.The last thing I want to do is discourage traders from offering their ideas for very little cost. You never know when, for very little cost, you might find the idea that causes a real breakthrough in your trading. This book isn't a trading miracle for me, but I have no regrets about spending a dollar of my trading profits to check it out. If you like what you see, read his other books. If not, move on, no harm no foul. Who knows, maybe one of these books will inspire me to share my trading ideas.

I purchased this book a week ago, took a break from trading forex using my old system, and used Alpha's system as he presented it in the book, (with one simple twist) and I am batting 90% success. His charts are EASY to set up, and his system easy to follow. I give the book an honest 5 stars, because he delivers what he says.Note: I am using my personal trading experience to close off many of my trades earlier than he says to in the book, and I am locking in profit that way. Some trades would have kept going until they meet the criteria he mentions to use for exit, some wouldn't. A trading system should be used to learn how to survive trading - while learning how to analyze the charts - at least in my opinion. This system will help you do just that, and potentially make a decent income while immersing yourself into a deeper understanding of the charts.

I am a relatively new FOREX trader and always looking to improve my skills. 99 cents for a different approach is a fair price and the size of the e-book makes for a quick read. The book is concise and to the point on one particular and simple way to clear up price action. It also provides some useful links to other much needed information sources.Any methodology for trading needs to be simple or a trader will not follow it. Other indicators are laggards and normally useless on the right edge of the chart. To be successful in trading you must understand price action and probabilities. This tool provides a nice clear and simple way to read price action. But as with any other tool you try and use, start in a simulated account, determine your trading pace (daily, weekly, hourly etc.)invoke a good money management system and stick to it. Be religious in sticking to a system but if that system isn't profitable in a reasonable amount of time, change it or through it out. hence the reason for starting any new system in a simulated account.Overall it is worth the price and I would recommend adding it to your library.

Bueno para principiantes principiantes. Cuando has leído y practicado lo suficiente, te das cuenta que casi ninguna regla se cumple siempre/nunca y que NUNCA NADIE te da una receta que realmente funcione. Este tipo de libros, sin embargo, te ayudan a experimentar con el mercado y sacar tus propias conclusiones observando porqué fallan las recetas magistrales que aportan y que, como digo, casi nunca funcionan.

Non per cattiveria, ma questo libro è totalmente inutile. La strategia descritta imbarazzante e ovviamente inefficace. Inoltre, se mai fosse vero quanto dichiarato nel titolo, il libro dovrebbe costare ben altra cifra. Non perdeteci tempo, passate oltre.

Excellent. Thanks for sharing the experience. Forex trading startgey is been liked by me always. Thanks and regards Chandrakumar. Bye

Why does it give so much value to the profiteers?Because yoou didn't understood it yet. We traders have to be very thankful that the author gave us this insight.

Seems like a different approach to many others, can’t wait to try it out on Monday when the markets open.