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

4.1 out of 5 stars  See all reviews (97 customer reviews)

Kindle Price: $0.99
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Book Description

This is a Step-by-Step forex Day Trading Strategy Guide to making $100 to $200 per Day.It is a short (19 pages) practical book that gets straight to the point.

Forget about complicated indicators that only cloud your judgment and that are known to always lag behind price action.

• No Trendlines
• No Support or Resistance analysis
• No ADX
• No RSI
• No Fibonacci Retracements of Extensions of any kind
• No Elliot wave
• No Candlestick patterns ( triangles, rectangles, pendants, Flags,…..)
• No Bollinger Bands
• No Stochastic

Welcome to the world of Pure Price action at its finest.
PRICE ACTION the like of which you have never seen before.

Identify current Trend at a Glance; quickly assess whether you are at the beginning of the move or whether you are late.

All you need is a FREE Metatrader 4 platform and this Book.

Product Details

  • File Size: 1046 KB
  • Print Length: 33 pages
  • Sold by: Amazon Digital Services, Inc.
  • Language: English
  • ASIN: B008RERRY8
  • Text-to-Speech: Enabled
  • X-Ray:
  • Lending: Enabled
  • Amazon Best Sellers Rank: #38,729 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Customer Reviews

Most Helpful Customer Reviews
71 of 77 people found the following review helpful
1.0 out of 5 stars Fake reviews. Fake reviews everywhere. August 22, 2012
Format:Kindle Edition
All the users who rated this e-book 5 stars have only ever reviewed one book in their whole life and guess which it happens to be. He also diluted the stars by giving himself some lower reviews so it doesn't appear as obvious. Watch out kiddies. Now that ive stated this he's probably going to fix his mistake.
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62 of 67 people found the following review helpful
1.0 out of 5 stars Substandard, worthless, trite and not worth reading. September 7, 2012
Format:Kindle Edition
I purchased the book and I am not happy with the purchase. As a FOREX professional that has a library of over 2000 books, almost 100 notebooks of systems, both manual and automated, I know what a good system should and should not have.

This system is substandard and not worth the time or the effort needed to put into it. Although the premise of the book is appealing, it lacks money management, and concrete trade management direction.

This book, like many others, appears to be one that was written by someone that heard money could be made by selling a Forex product. As a veteran trader with almost 30 years, and a leader in the Forex community, this is representative of all that is wrong with the Forex industry.
After initially purchasing the book and communicating with the author, asking if this could be traded on a longer term perspective, he stated that would be the next book. Well, I purchased the next book. I IMMEDIATELY refunded and contacted the author.

I normally do not write reviews, especially negative ones, because I know that my voice may be the deciding factor that may make or hinder a sale, and because I have my own products, and I hate when my products are flamed, but trust me on this-this is not worth the time that it would take to read.

This book appears to be designed to be a quick buck for the author, and will offer little to no value for you-the trader that spends money to buy this.


Charles A. Floyd, II CTA, CPO
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31 of 32 people found the following review helpful
1.0 out of 5 stars If you have a dollar to waste then buy it for a laugh! September 12, 2012
By Damien
Format:Kindle Edition|Verified Purchase
I'm a successful trader that's been trading for years,I still have a look around in my efforts to improve my edge when I have some spare time. I have more spare time these days with profitable trading. The system will not make you money, for a dollar you will not succeed! Daily Charts with Ichimoku Clouds as your indicator will make you money, free indicator on MT4 and plenty of free information on how to use it on the web.
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13 of 13 people found the following review helpful
By ArtFan
Format:Kindle Edition|Verified Purchase
I spent $1 on the kindle edition of this 19-page book so that I could read it and provide you all with a critical and realistic review.

First of all, in trading there is no such thing as consistent profits over any specific time frame. It doesn't work like that. In trading you have winning days, you have losing days. Winning weeks, losing weeks. Any book with a title like this book is making a fallacious claim.

This book provides a very simple trading method which, fortunately for you, is easily programmed, verbatim, into an automated system. Let's say you use Tradestation, you make a program that executes the author's algorithm, exactly as he has described in this book, and you backtest it over, say, a year's worth of data. You will instantly see that the method does not work. You can tweak it, you can try different time frames, you can apply it to different bar charts - it doesn't matter. It still doesn't work.

That's because no simple mechanical trading system is ever going to provide a consistently successful strategy over the long term. How could it? If it was possible, then everybody could simply open a Tradestation account for free, spend a minimal amount of time transcribing the trading system into a software program, fund the account with some money, launch the program, quit their job, sit back on their laurels and watch the program grow their account balance week after week.

Sound ridiculous? Of course. It is ridiculous because it's a fantasy. It's not the real world.

Don't believe me? Open up an automated trading account and backtest the author's trading strategy and see for yourself.
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8 of 8 people found the following review helpful
2.0 out of 5 stars alpha is a known scammer in the forex community February 8, 2013
By J. Bhat
Format:Kindle Edition
i took a course by alpha about a year ago on forex. his system generated too many false signals and was a gimmick. i paid a few hundred for his Gtalk coaching, which was not worth it. It was only a couple of hundred or so dollars, so not a big deal as many cost thousands. So although it is a scam, he spent a lot of hours showing me at least. some of his points were valid.
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6 of 6 people found the following review helpful
1.0 out of 5 stars A waste of my time July 19, 2013
Format:Kindle Edition|Verified Purchase
If forex trading were actually this simple, then all traders would be multimillionaires. Save your time and money for the many great books on forex trading
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8 of 9 people found the following review helpful
1.0 out of 5 stars A waste of money October 25, 2012
Format:Kindle Edition
Over simplistic method, will never work in reality. Author only shows 4 charts in the entire "book" (2 pages) with obviously the perfect scenario.
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5 of 5 people found the following review helpful
1.0 out of 5 stars BS . May 6, 2013
By David
Format:Kindle Edition|Verified Purchase
This book is one of the dumbest i have read EVER! Its nothing more then words put on "paper" to scam people for money. Do not waste yours like i did. You can read every thing for free online at the websites for investing.
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Most Recent Customer Reviews
2.0 out of 5 stars Not Realistic
This book is okay for some very simple day trading examples but they do not consistently win in range markets. Forex is often in the range market more than in a trending market. Read more
Published 12 hours ago by Amazon Customer
2.0 out of 5 stars I expected more.
I really expected more on the contents, but somehow it was a bit helpul to read this. As the cover says, its simple.
Published 8 days ago by Armando Preza Melendez
2.0 out of 5 stars Too many false signals
I brower this book from my friends, i backtested it but it suck! save your time and money for the many great books on forex trading
Published 1 month ago by DQD-Forex System
4.0 out of 5 stars Turned out to be very useful!
Simple concept and easy to understand. Helped me to spot a trend much faster! Looking forward to reading Mr. Balde's other books.
Published 1 month ago by H. Arshad
5.0 out of 5 stars Nice! But more info will be great about entries and exit... With...
The book is simple, direct, and cheap. I love that. But also it is short and lacks detailed info about entries and exits. Read more
Published 5 months ago by Amazon Customer
5.0 out of 5 stars Great View of Binary Options
Report is very informative and teaches the steps necessary for making money with Binary Options. It reads well with plenty of resources and references.
Published 9 months ago by Mitchell Mansfield
4.0 out of 5 stars Forex Made Simple Delivers Easy-To-Follow Guide
I was looking for a more time-effective method of analyzing market directions, and spotting possible opportunities earlier, WITHOUT having to use multiple indicators to confirm... Read more
Published 9 months ago by Baden Maxwell
5.0 out of 5 stars So good
Really good book. I'll buy more and more books book from this author. Thank you so much Alpha Blade for the help.
Published 10 months ago by Simone Palazzin
5.0 out of 5 stars Simple Is Always Better
I have put into action the forex method from Forex Made Simple. That combined with a few other minor indicators has worked well for me thus far. Read more
Published 10 months ago by Jay T
4.0 out of 5 stars Good technique for intraday trading
Excellent book, simple and concise.
The trading technique works quite well with a bit of experience.
Another must-read is "The ultimate key to trading success". Read more
Published 10 months ago by william del
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