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V**N
This 2nd book on ST Patterns is a must-read!
This 2nd book on ST Patterns is a must-read! Not only it has more detailed explanation on Stop Line and has colored figures which help a lot in understanding the strategy, it also shows a full month of trading history where people can apply this strategy and in the mean while verify ST Patterns with real data.Correctly placing Stop Line is equally important as starting an order. In this book, Vladimir explained in details all the different cases for placing stop line. If you have questions on this topic after reading the 1st book (Trading Code is Open), you'll probably find all the answers in the 2nd book.PS: I just get to know that there's a new edition on the 1st book (October 2018). I highly recommend readers to purchase the new version if possible. It has corrections from previous edition, and has so much more information as well, e.g. most of the plots have trend direction, open-order line, unformed fractal indicator and so on.At the end, thank you Vladimir for sharing such an awesome book!
A**R
Where rubber meets the road...
In this 2nd book, the author further simplified his system into 4 basic patterns to work with. Putting theory into practice, a month's worth of positive results is shown using EurUsd. More importantly, when to stop trading under unfavourable conditions is demonstrated through GpbUsd. The impact to the bottomline could not be more emphasized.
C**I
Fresh, Powerful and Profitable
Vladimir has a rare skill. He is part scientist, and part trader, and has written a trading strategy that demonstrates he not only knows what he is talking about, but also proves it. In the FOREX world, there are very few fresh trading systems and new ideas that are profitable for the long term. Vladimir offers both. The system needs to be learned and applied in order to be profitable. I have personally tested the method, and it looks good- VERY GOOD. I would encourage any trader that is serious about their FOREX career to buy and study this book. It is excellent.
G**R
Perfectly defines how to open and close a position.
This book teaches a trading method. Is it good? For me is almost perfect. It defines how to open a position and when to close it. It is so well defined that if you analyse the same day twice you will get the same trades. Yes, exactly the same trades. I've never seen anything like that. I am currently trading exclusively using what I learnt from the book and I am having good results. I wrote an email to the author asking for help and he replayed in less than 30 minutes. My question was about a particular case and I sent an image to explain my doubt better. The author edited the image and added the explanations on it. It was a very personalized answer.
K**.
Awesome book... 👍
Awesome book. Love reading the ST Patterns books from Vladmir Poltoratskiy. Straight to the point with clarification and charts for visual learning as well. This book and its strategies has given me so much more confidence in my trading game. My profits have increased because of these strategies. In the beginning the book might seem unclear but if u study the forex charts everything will begin to sink in. I advise study and review the forex charts for better understanding of these strategies. I promise it will click. What’s hidden shall be revealed. That you for sharing your wisdom, talents and knowledge to the world. Now go get those profits guys!Lol 😂
A**T
A detailed dissection of examples using the ST Patterns strategy
I’m working my way through all the books in the series and writing reviews as I go. I’m almost done with this, the second book in the set of four. So far I would recommend that anyone interested in using this strategy should read all four books as they definitely build upon each other!This book has been an indispensable and critical piece in understanding the strategy. While the strategy is explained very thoroughly in book one, there is a lot to it, which is where book two seems to come in. 75% of this book is a detailed dissection of several weeks/months of the author’s trading decisions, which definitely cleared up some major questions I had about how the strategy should be run in practice.Think of this second book as an “applied” version of the concepts detailed in book one. In my opinion, highly recommended and well worth it. I look forward to reading the rest of the series as I work to master this trading approach.
A**R
Very interesting work.
After reading tons of books and loosing several accounts I finally stop trading Forex. But I would like to see and read about what others are doing in that market. This book gives different but very practical perspective on usual staff.All job are don by Vladimir! Thanks him for that! All reader need is Learn, Understand and Apply. I will definitely by otherVladimir books.
A**R
The methodology is sound building upon the great works of fractals and target levels
I have been trading for over ten years. I have bought every system under the sun in the realm of equities, forex, and futures. There is gold in Vladimir's analysis. The methodology is sound building upon the great works of fractals and target levels. I look forward to my continued forward and backtest results. Vladimir has responded to all my questions and I am finally excited again about trading! I was about to give up on trading as a career but now look forward to the potential with ST pattern analysis.
M**K
5 Stars
5 stars. If there were 10 I would give him 10. Solid system. I am a seasoned FX trader and another S/R strategy makes me 25% a year. However what Vladimir describes is rock solid, works in Backtesting and Forward Testing. It has a sound MM system which is key in Forex. Whether the same results can be achieved in my live accounts I don’t know as you need to be glued to the screen a lot on the 1H and more on the 5M. However it’s solid stuff that works. I bought all 4 books even though I will most likely not trade the 5M.
A**A
Very good
Very good books. I've read all of Vladimir books and many times over. I'm very happy.Update 17th Mars 2020:So this goes for all his books. I read some of them 10 times and I knew it all by heart but I must say that even tho the backtesting looked good, I couldn't get it to work back then. I also felt so clueless about the markets and was only armed with the ST pattern. I went and learned a lot of other stuff like trends, VSA, divergences, QML's so I got a deep understanding of where the markets were up to. And then I'm able to take ST patterns with the trend believe it or not.I love the books and I'm a fan of Vladimir. I would definitively buy a 5th book whatever it was about. I love the tone the books are written in. I also love that the books are so short and punchy like no other trading books I've read. I commend you for being able to pull this off in 50 pages instead of 500.
P**E
Amazing series of books!!!
I have read all 4 of Vladimir's books twice now. The 2nd time around I made a booklet of notes.The books are excellent. The strategy is also excellent. It is a lot of information to take in, hence why I have read them twice. I will probably read them again too.I have started back testing the strategy of the 4th book, on the 5 minute chart of EUR/USD and so far it looks very effective!!Vladimir is clearly a very intelligent man, with a very knowledgeable grasp of the foreign exchange market, who has decided to share it in these books.What is more, I have sent emails to him with questions of the strategies etc, which to my surprise, were responded to in a very prompt and detailed manor, answering all the questions I had.Thank you very much Vladimir, for a great series of books, and for being so responsive in communication, it clearly shows your passion for the trade, and how much you care that others are as equipped as they can be to succeed in the currency exchange market.Top man. Top books.Get them!!!
K**R
Gore's Strategy: ST Patterns Trading Manual
Excellent insightful book showing the thought patterns when trading the EUR/USD. Highly recommended. Note this is book 2 of 4
B**N
Seems to have technical merit but needs a rewrite
Chart presentation could be clearer, and the prose is a little convoluted - the basic concept is straightforward and looks to have merit.
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