Trading Forex Divergence on MT4/MT5 and TradingView: TradingView script no...

I love informational books likes Jim's that get right down to the point and describes the trading method and relevant facts. He speaks candidly in the book and is not overly scientific. He tries to keep things as simple as possible for the reader and the concept really is seems pretty straightforward. He has a nice website, offers some indicators to get you started for free, and offers some support pages and has even responded to some of my emails when I had a question. I am only about 3-4 months into Forex trading so I have limited knowledge about Forex and really all trading but was able to read his book, take some notes and get started all within about a week. Now, I have all of his indicators and all the of the Majors and Crosses loaded on their own platform now and that MT4 set up is dedicated to Jim's system. I can quickly scan through all of the pairs and look for the buy signals from Jim’s indicators and then look for divergence to lock it in (I still need some practice with that though). I am going live with some small amounts to wet my beak a little with High Probability Divergence. If I don't end up using it exclusively, I don't see why I would not at least use it for some very strong signaling on where to get into and out of the market.

This is the third book (currently) on Forex by Jim Brown. It explains and expands on the trading system in his second book, MT4 High Probability Trading Method. I highly recommend this book, and his previous two, for several reasons. This book is short and right to the point, it provides a trading system that you can begin trading with and learn from quickly, the book is well priced, and the author has been very accessible and helpful through email, Facebook, and You Tube videos. I have read other books and gotten a lot of great information, but have been overwhelmed and intimidated on where to begin trading. After reading this book I opened my trading account and began trading. It was because of these books providing a great starting point and focusing on one strategy that I was able to do this. This would be a great book to read for anyone interested in Forex. I didn't learn everything I've learned about Forex from this book, but most importantly to me, this book got me to begin trading!

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.

They say all the great things are simple. Same applies to Jim's books. I've read 2 of them, and to me they worth more than some expensive coaching I've had in the past. Simple, clear, concise, easy to apply. You get the strategy, the template, the indicators, plus you get author's 24 hours support and access to an active facebook group of traders - all for a tiny fraction of the cost of what others would charge. Most importantly, this strategy WORKS. I highly recommend this book.

In one word. Amazing Nothing better than this combination!!! Highly suggest this book, game changing for all the beginner traderL

I found this book interesting. The strategy is well explained and looks very promising. Thanks for sharing your strategy Jim Brown!

Divergence is extremely important and da man behind this book explained really well based upon his experience as pro trader!

Hace unas semanas que lei el libro y desde entonces no he parado de practicar la metodología con muy buenos resultados. Con el libro y un poco de práctica es suficiente para entender la metodología al 100%. Además, es posible ampliar con toda la información extra que da Jim desinteresadamente en su canal de YouTube, telegram y facebook. Es el mejor libro de trading que he leído jamás. Muchas gracias Jim

I highly recommend this book to anybody wanting to learn about Divergence. This is the 3rd book in the series written by Jim, he also explains the High Probability method of trading (the 2nd book), but this one focuses on Divergence. The topic is well explained with several examples of how to spot them, what to do when you spot them and potential pitfalls in scenarios when they don't quite work in your favour but also strategies to recover from those pitfalls. Divergence is an excellent tool, something like a cheat sheet (as Navin Prithyani also says in his videos) that would to tell you something's not adding up (like a leading indicator) and there is either going to be a likely reversal in the current trend or the original trend momentum will pick in the direction agains, depending on the type of divergece. I will personnally be impleneting this in my own strategy to confirm my decisions on when to take trades against the trend or with the trend. Cheers Jim, great read!