Al Brooks - Best Price Action
Learn the power of trading by reading price movementsThe only strategy you will ever need
This book will provide:
An extremely efficient and complete swing trading strategy, with very good risk-reward ratio, for use on any liquid market like Stocks, Forex, Futures, Commodities, Indices.An in depth analysis of price action movements.Sound knowledge with respect to the most efficient price action techniques of analyzing the markets.After reading this guide you will be able to:
Trade on your own and achieve consistently good results month after month, provided you learn and follow what is presented throughout the book.Interpret and analyze price action movements in a way that will provide you with high probability trading setups.Establish key areas in the market where the price is most likely to change direction.See the main trend and the change of trend by combining the most efficient price action techniques of market analysis.Establish the confluence area in the market, the area where all the best trades have are most likely to happen.Find trading setups, execute them, place protective stops, set targets and manage every trade to finnish.Adapt to every situation the market will through your way.
Topics discussed include:
Support and resistanceThe importance of timeframesPrice action trendsPrice action swingsCongesion areasDirectional barsConfluence areasFibonacci retracement levelesPrice action patternsRisk-reward ratioTrade management, entry, stop, targetThe importance of discipline