Day Trading Forex with S&R Zones - Forex Trading System Kindle Edition

Been trading in spare time for 3 years. Read a lot of books. Most are vague as to what the heck to do. This guy has several books, I think i have em all. He gets to the point. I personally wait until a weekly low or high is broken then trade off of that level. Samir's book (this one) allows a smooth transition into his method from my own as with mine i start on the weekly then move down only once it's low or high is broken. just so happens my method segways nicely right into his. Anyway this book give clear rules and the idea behind those rules. Note: he uses the 4 hour chart to check the 200 ema in one of the early steps, my platform does not have 4 hour charts so I use the 123 ema on daily charts or the 25 EMA on the weeklies to scan for trades as these two are mathematically as close as you can get to the 4 hour 200 EMA scaling up. Lastly the best thing about this book are the side comments He makes which seem to lead to a great deal of understanding in the mind of a new trader like me. So there's more to it than just rules, there are fundamental reasons behind them, and those understandings add value to any trading method you choose even if it's not this one. Heard a guy say one time about trading strategies "Everything works sometimes, it's like marriage, you gotta choose one". Take it from an average Joe, choose something and stick to it. this one is very doable.

Hi Sir Damir,I am new to forex trading and have been learning the past 2 months - reading books, looking at charts, listening to trading podcasts (I hope Chat with Traders would interview you someday) and youtube, doing the demo accounts, etc. Though I could say that have learned so much in the past couple of months, I could say I've learned so much more the past few days reading your books.I stumbled on your "50 Pips a Day" strategy kindle book and found it to be very logical. So I bought your books one by one and read it, until I ended up buying and reading all of it in a span of 3 days. Each time I read a book, I discover something new and not just a concept  but the whole strategy itself.I've heard one trader from a podcast who once said "there is always something happening in the market", and in deed it is true. But the thing is most do not know how to take advantage of what is happening. With all those strategies at my disposal, I think I could trade at all types of market (trending or ranging) and at high and low time frames and approach it at different angles.I'm currently in the process of back testing the strategies this week.Thank you!!!! Happy New Year!!!!

I have read all of Laurentiu's books now ( all 9) and find his systems to be the best I have used in 12 years of trying everything known to man. I am finally consistently profitable and able to place 2-3 high probability trades a week on average without having to spend all night at a computer.He covers range trades, trend trades and breakout trades and has simple "beer mat" trading rules that are easy to follow (if you are disciplined)Study his systems, demo trade them and I am certain if you have the discipline to follow them to the letter, you will enjoy success also. Highly recommended!!

Best of the Best Trading Books!" Day Trading Forex with S&R Zones - Forex " shows you all you need to know to trade this system. If you have had problems identifying trends Mr. Damir can clear it up for you in any of his books.He lays out a great trend-following system that is easy to understand, easy to implement, and just makes sense. I have read six of his books so far and plan on reading them all. His books are so compelling that I have decided to follow him on Amazon so when another book is available I will be able to get it right away! They are that good!

This is a trend following system using an 200EMA and support and resistance lines. Two time scales are used to validate trend. This system is very straight forward and easy to use and should be put in your tool box.

As a novice to forex trading I have opted to read all of Laurentiu's books in preparation of trading. Each book delivers a clear and concise strategy, and forex graphs now have meaning for me. Laurentiu also gives sound money management advise. Start with the 50 pips a day book and move forward from there in no particular order. Each book feels like a new secret is being revealed, and collectively you have strategies to trade with the trend, trend reversals and range trade on short and longer time frames. I am not yet trading live, but research into past price action reveals that these strategies look to work well.

Support and Resistance trading seems like such a "simple" strategy, but still there are so many Forex "traders" who fail to make a profit. If you, as a trader, will exercise some discipline and follow Laurentiu Damir's fairly simple methods of determining and then executing ENTRY and EXIT, I am fairly confident you will become a successful trader. I have personally been trading support and resistance for over a year and I can vouch for the validity of the system... it makes profit when you can discipline yourself to follow the system. I highly recommend this book to teach you the methods... I'm sure there are other books out there that will teach you the discipline to follow your systems.

I've read countless trading books from very expensive to the one as simple as this.In essence this book is simplest because I believe the writer uses his trading experience behind his writing instead of collecting books and put that into different titles.How I know that he is the real trader?I trade stocks for living and I know what he has written is the truth and a few of his explanation is what I gained through my trading experiences.I would love to give him 5* if the book is written only for my level of reading.But as the book is for general public; he needs to improve the writing and some background analysis for less experienced trader.Anyway this has made me some pips :)

Brilliant. Mr Damir is a very accomplished trader. I have traded for some ten years, and used every sort of indicator and system. But I have come back to realising that simple is best, and the only real way to success is to focus on Price Action and Support/Resistance. These are the only indicators that are actually real ! If you combine that with recognition of certain simple Candlestick patterns, you can't really go wrong.I have bought all of Mr Damir's books, and they are fantastic value for money, and most of all, they work. Forget wasting time looking for clever, complex systems. This is all you need.And to those who criticise his use of the English language,I've got to take issue with your reviews. Its unfair. I consider myself an academic, and I'm pretty picky about clear and concise English. You might almost call me pedantic. Mr Damir is clearly not a native English speaker, but I've had no problem reading any of his books, or indeed understanding anything he has written. I have traded for ten years, and understand the concepts involved very easily, yet I don't think I have an unfair advantage. He writes clearly and concisely, and nothing he has written is difficult to understand. I have no connection with Mr Damir, other than being very impressed with his simple, yet effective trading systems.

There is nothing particularly exciting in here or any of Laurentiu Damir's books, no claims of a holy grail or short cut, and no indicators with complex names (or in fact any indicators except MAs) or promises of riches, so anyone looking for that mirage should go somewhere else - there is in each book a simple self-contained system that can be practiced immediately.Each system uses the same building blocks - specifically, ways to spot shifts in the distributions of buyers/sellers using candles; places at which to look for action (hor and diag S/R and Fib levels); and how you can determine momentum (using the price action on two or more time frames and the Moving Averages) so as to only trade in this direction and therefore maximise the chances of a profitable trade.They are all excellent, and even though my trading system is already remarkably similar to these, I learned some new things and have many new suggestions to think about. Highly recommended.

This book is precious if you want to learn a trading strategy based on the use, all together, of helpful tools like: support and resistance levels, moving averages, price patterns and trend lines. The author will get you through the understanding of every element of the strategy, at first, then he will join them all together ,at the end, showing how to apply the strategy with examples and valuable advises. Definitely, it is worth testing it.

One of the key concepts when learning Forex and understanding where to place orders is to understand Supply and Resistance zones. Before reading this I had always used horizontal supply and resistance zones and now I'm applying Diagonal zones as educated by the author. The problem with horizonal S&R zones is that they don't always present themselves and I'm now adopting the concepts in this book to make more profitable trades and more importantly more often.Author's writing style is excellent and not too basic or complicated for a relative newbie to Forex to understand. Excellent educational book with concepts that work.

Great little Forex book that will, I believe, help anyone consolidate their trading knowledge. The author keeps it simple which is, in my mind, the best strategy. Some authors pad out their work with waffle & over-complicate things, but Laurentia keeps to the point & clarifies his trading strategies making them easy to understand. I would recommend this book to anyone interested in learning to trade.