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I'd probably argue that any book that focus's on entry signals isnt ever going to be a particularly great trading book. After all, they stretch from the fibers of fashion to the rugged world of ranching. Price Action in the Forex Market Price action is waitforexit not waiting for you quotes study of price movements in a market.

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System must be profitable (duh) System must have at least 50 closed trades Next, systems are ranked based on various performance metrics including: Winning percentage must be less than 60 (avoids curve-fit systems that have lots of small winners and are simply lucky to have avoided their big losers thus far) Average size of winners must be greater than average size of losers Annual return must be more than 10 Maximum drawdown must be less than 50 Drawdown to return ratio must be less than 1.

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