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L**E
Trilogy's great curtain falls
Finally, the Holy Grail is destroyed. After passing the first volume of the dark shadow and the second volume of the twists and turns that continued the fierce battle, readers finally find the Holy Grail. In fact, it does not exist, so the idol believed to be the Holy Grail was to be destroyed. Instead, traders realize that in order to succeed, they must know themselves well.
A**T
A critical continuation of the ST Patterns strategy
Having gone through this book after the first two in the series, I continue to give my enthusiastic recommendation for Vladimir’s work. You can read my reviews for the first two books that I left after reading and implementing the strategy they describe. My strong suggestion is to definitely read the entire series to get a strong grasp of all aspects of the strategy. Even though each book is complete and coherent, the concepts do build on each other. You can’t leave anything out and expect to be successful.Book 1 focused mostly on describing the key concepts of the strategy, and book 2 focused mostly on a long and in-depth analysis of charts using that strategy, as well as clarifying some important details about a few of the core concepts. This book, (book 3), does both. It introduces some more advanced technical concepts that are every bit as fundamental as those covered earlier, and goes through a multi-month chart analysis using all concepts explained so far.Of course, a strategy is only as good as its results and I have put this one through its paces. So far, thanks to the author’s detailed logs of his own trades, I have been able to independently verify and duplicate the decisions and results from the example charts in the first 3 books. I did this using independent data from TickStory and literally going through all the examples in all the books as if I had been trading the strategy. I don’t think there can be a stronger validation of this work than the fact that I was able to replicate the author’s results — it does what he says it does.A very important factor in having success using this strategy in actual trading is knowing when to stay out of the market based on economic news. I was pleasantly surprised that this book goes into a fair amount of detail into the tools and criteria the author recommends in making these decisions as well, which is a valuable bonus on top of the strictly technical details.
K**R
The clearest books about trading
This series of book offer a very black-white clear system. I bought all of them and read the first three at least 3 times each because I do long-term trading (the 4th book is about short-term trading). The system requires a lots of studying. You should read at least 3 first books and repeat the reading. But I prefer this kind of decent system more than other ones which seem to be easy but finally not profitable. The author was very supportive when I send him questions as well. ^^
V**Z
Two Stars
New relatively complex packaging for the old relatively simple stuff.
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.
A**R
Final piece of the ST patterns trilogy...
In this 3rd book, the author expound the ST patterns with 2 more months' worth of trading, placing them under further stress testing. Every system has its good and bad days and how the down times are handled is crucial to the bottomline. You will find the answer here. A concluding chapter on how our mind hampers rather than aids in our trading quest nicely close off this trilogy.
H**R
Make sure you read this one too...
If you have studied the the Code is Open and the Trading Manual, do not short-change yourself by skipping this one. In my view, this helps solidify the technique and in a meaningful way simplifies the trading rules. As with the other books, take your time and study these and they will bear fruit!
M**I
and the author covered its complex derivations in a nice way. As any other trading strategy
In simple terminology, the author "cracked" the secrets of the market behavior that corresponds to the EUR/USD hourly chart from a statistical analysis. The method in concept is simple, and the author covered its complex derivations in a nice way. As any other trading strategy, the method needs lots of practicing in a demo account and lots of discipline on a real account !
H**N
Useless and dangerous strategy
This strategy is a very quick way to liquidating your accounts. Very unsual and eye catching terms. This book is basically suggesting to trade every break of a microrange (they call it fractal for some reason). So, you're supposed to enter at market orders at a fixed rate X above or below the breakout, set stop loss at the opposite end of the microrange and tp around 4:1. He then enlists 4 scenarios... the first one apparently being the most common in which the trade goes to TP(target profit), the other 3 are just fancy words for fakeouts and liquidation sweeps. Winning is not very common even for the seasoned traders. 30% win rate is considered a profitable rate.This strategy is soo dangerous for numerous reasons.1) It doesn't consider high time frame trend. I wouldn't long the market when the general trend is down and vice versa.2) it doesn't consider market volume3) no clear indication on how many candles constitute a fractal (a range)4) does not consider market structure other than flar microranges.Waste of time. If you wasted £12 buying the book and the time reading it like me, it's not a big deal. Just don't risk your money trading with this strategy. I will backtest and post real results when done.
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!!!
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.
C**A
Great Strategy
Great strategy, Backtested this extensively and it works a treat. The author is also very good he replies to any queries almost straight away. He is also in my opinion an honest and genuine person who is not out to make any further money from you by selling you add on software etc like all the other so called experts. Thanks
M**O
Very valuable knowledge
I've got the first 3 books. I'm about to start to apply the method and feel very confident with it. You can see in the book the real graphs with the real patterns that have been formed throughout time, it's just about patience to learn and study the method properly.
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