Price Action Trends Bar By Bar
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Code-barres: 9781118066515
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The key to being a successful trader is finding a system that works and sticking with it. Author Al Brooks, a technical analysis contributor to Futures magazine and an independent trader for twenty-five years, has done just that. Over the course of his career, he's found a way to capture consistent profits regardless of market direction or economic climate. And now, with his new three-book series¿which focuses on howto use price action to trade the markets¿Brooks takes you step by step through the entire process. In order to put his methodology in perspective,Brooks examines an essential array of price action basics and trends in this initialbook; moves on to provide important insights on trading ranges, order management, and the mathematics of trading in the next book, Trading Price Action TRADING RANGES; and then discusses trend reversals, day trading, daily charts, options, and the best setups for all time frames in the third, and final, book of this series, Trading Price Action REVERSALS. Written with the serious trader in mind, Trading??Price Action TRENDS skillfully addresses how understanding price action and effectively reading price charts, bar by bar, can help you follow unfolding patterns, which are all initiated by institutions, helping you to profitably piggyback onto their trades by setting up early entries with tight stops. Engaging and informative, this reliable guide: Discusses how to trade trends, trading ranges, breakouts, and reversals Examines the basic tools of trend lines and trend channels, which can be used to highlight the existence of trends and trading ranges Provides a detailed description of the significance of each type of candle, as well as the mathematics that traders need to know when placing trades And much more Throughout the book,…
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