Trading Price Action Trading Ranges: Technical Analysis of Price Charts Bar by Bar for Professional Traders | Forex, Stocks & Crypto Trading Strategies
$35.91
$47.88
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Trading Price Action Trading Ranges: Technical Analysis of Price Charts Bar by Bar for Professional Traders | Forex, Stocks & Crypto Trading Strategies Trading Price Action Trading Ranges: Technical Analysis of Price Charts Bar by Bar for Professional Traders | Forex, Stocks & Crypto Trading Strategies Trading Price Action Trading Ranges: Technical Analysis of Price Charts Bar by Bar for Professional Traders | Forex, Stocks & Crypto Trading Strategies Trading Price Action Trading Ranges: Technical Analysis of Price Charts Bar by Bar for Professional Traders | Forex, Stocks & Crypto Trading Strategies Trading Price Action Trading Ranges: Technical Analysis of Price Charts Bar by Bar for Professional Traders | Forex, Stocks & Crypto Trading Strategies Trading Price Action Trading Ranges: Technical Analysis of Price Charts Bar by Bar for Professional Traders | Forex, Stocks & Crypto Trading Strategies Trading Price Action Trading Ranges: Technical Analysis of Price Charts Bar by Bar for Professional Traders | Forex, Stocks & Crypto Trading Strategies Trading Price Action Trading Ranges: Technical Analysis of Price Charts Bar by Bar for Professional Traders | Forex, Stocks & Crypto Trading Strategies Trading Price Action Trading Ranges: Technical Analysis of Price Charts Bar by Bar for Professional Traders | Forex, Stocks & Crypto Trading Strategies Trading Price Action Trading Ranges: Technical Analysis of Price Charts Bar by Bar for Professional Traders | Forex, Stocks & Crypto Trading Strategies
Trading Price Action Trading Ranges: Technical Analysis of Price Charts Bar by Bar for Professional Traders | Forex, Stocks & Crypto Trading Strategies
Trading Price Action Trading Ranges: Technical Analysis of Price Charts Bar by Bar for Professional Traders | Forex, Stocks & Crypto Trading Strategies
Trading Price Action Trading Ranges: Technical Analysis of Price Charts Bar by Bar for Professional Traders | Forex, Stocks & Crypto Trading Strategies
Trading Price Action Trading Ranges: Technical Analysis of Price Charts Bar by Bar for Professional Traders | Forex, Stocks & Crypto Trading Strategies
Trading Price Action Trading Ranges: Technical Analysis of Price Charts Bar by Bar for Professional Traders | Forex, Stocks & Crypto Trading Strategies
Trading Price Action Trading Ranges: Technical Analysis of Price Charts Bar by Bar for Professional Traders | Forex, Stocks & Crypto Trading Strategies
Trading Price Action Trading Ranges: Technical Analysis of Price Charts Bar by Bar for Professional Traders | Forex, Stocks & Crypto Trading Strategies
Trading Price Action Trading Ranges: Technical Analysis of Price Charts Bar by Bar for Professional Traders | Forex, Stocks & Crypto Trading Strategies
Trading Price Action Trading Ranges: Technical Analysis of Price Charts Bar by Bar for Professional Traders | Forex, Stocks & Crypto Trading Strategies
Trading Price Action Trading Ranges: Technical Analysis of Price Charts Bar by Bar for Professional Traders | Forex, Stocks & Crypto Trading Strategies
Trading Price Action Trading Ranges: Technical Analysis of Price Charts Bar by Bar for Professional Traders | Forex, Stocks & Crypto Trading Strategies
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Description
Praise for Trading Price Action Trading Ranges "Al Brooks has written a book every day trader should read. On all levels, he has kept trading simple, straightforward, and approachable. By teaching traders that there are no rules, just guidelines, he has allowed basic common sense to once again rule how real traders should approach the market. This is a must-read for any trader that wants to learn his own path to success." ―Noble DraKoln, founder, SpeculatorAcademy.com, and author of Trade Like a Pro and Winning the Trading Game"A great trader once told me that success was a function of focused energy. This mantra is proven by Al Brooks, who left a thriving ophthalmology practice to become a day trader. Al's intense focus on daily price action has made him a successful trader. A born educator, Al also is generous with his time, providing detailed explanations on how he views daily price action and how other traders can implement his ideas with similar focus and dedication. Al's book is no quick read, but an in-depth road map on how he trades today's volatile markets, complete with detailed strategies, real-life examples, and hard-knocks advice." ―Ginger Szala, Publisher and Editorial Director, Futures magazineOver the course of his career, author Al Brooks, a technical analysis contributor to Futures magazine and an independent trader for twenty-five years, has 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 how to 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 examined an essential array of price action basics and trends in the first book of this series, Trading Price Action TRENDS. Now, in this second book, Trading Price Action TRADING RANGES, he provides important insights on trading ranges, breakouts, order management, and the mathematics of trading.Page by page, Brooks skillfully addresses how to spot and profit from trading ranges―which most markets are in, most of the time―using the technical analysis of price action. Along the way, he touches on some of the most important aspects of this approach, including trading breakouts, understanding support and resistance, and making the most informed entry and exit decisions possible. Throughout the book, Brooks focuses primarily on 5 minute candle charts―all of which are created with TradeStation―to illustrate basic principles, but also discusses daily and weekly charts. And since he trades more than just E-mini S&P 500 futures, Brooks also details how price action can be used as the basis for trading stocks, forex, Treasury Note futures, and options.
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Reviews
*****
Verified Buyer
5
Firstly, I find the view of the reviewer who thought this book could be summed as the author `simply venting' laughable to say the least.This book, as well as the other two, are not written for the weekend warrior trader. It is not written for the `I'll dabble a little with this technique or that'. It is not a book that you will be able to read leisurely and glean an arsenal full of easy money making strategies from, because that's not the trading world we live in....ask the slew of traders who are yet to produce a cent from their easy to make money, proprietary course material, the army of traders hopping from one room to the next hoping the next subscription will yield the holy grail of guru's, the one to take them to the land of above-water P&L's, with little work on their own.This and the other two books are however written for the trader who intends to work through this material, not simply read it. We have all heard that the markets spend most of their time in trading ranges, yet the bulk of the material out there, does little to dig deep into both the subtle nuances as well as gaping wide messages from the market when it comes to `trading in the trenches', which is what I call trading range price action.Trading in trading range price action is far different from the mono-directional trending market price action. It is as different in reaction time and size of signals, as cage-fighting is from archery. Quick recognition of entry opportunities, identifying high probability targets, and assessing in real-time, the market's ability to hit those targets define the define the required skill sets for elite scalping and shorter-term swing trades that are to be found in trading ranges. This book gets into the heart of those very skills, and delivers on teaching the trader these coveted skills.The book has a plethora of very insightful and implementable lists, helping the trader to assimilate the information into their trading plans. I'll mention but a few examples, of which, again there are literally dozens....1. Characteristics of strong trends2. Characteristics of string breakouts3. Signs of breakouts that will fail4. etc, etc, etcExtremely insightful, you bet, but, equally important to knowing how to spot strong entry environments, is knowing how not to be squeezed out on a pullback which for example the author provides on pg 101, "Areas that are often tested by the pullback". This not only guides traders to avoid missing out of the bigger part of the move, but also helps in the intelligent placement of stops. Again, this prior example is just mentioned to illustrate the point I made above of the author getting into practical, highly implementable details.This is the most practical treatment of the concept of Measured Moves that I have encountered. The authors' approach avoids the pitfalls of over-extending the information provided by Fibonacci Extensions/Retracements, Elliott Waves etc, and presents it in a manner that works. One only has to watch the deadly precision with which the author draws trend lines and sets targets, to which moves accelerate and then reverse, which he does constantly during his live trading if you need more proof of the efficacy of the material in this section, as well as the section on Magnets.His clinical handling of the concept around Trading Math, and the advanced trading approach of entering `against the short-term market' on limit orders is worth this books' weight in gold alone.I could go on, but hopefully you get the point. This is a handbook of techniques, a syllabus of hand-to-hand combat of the elite scalpers, the Seal Team 6 of traders. You don't read this book any more than you would watch a workout video and expect to become an elite warrior. You bleed though the bootcamp, and come out hardened, and ready for anything the institutions, quants and HFT programs can throw at you. You don't read this book, you print the charts (Wiley makes the pdf's available, refer to pg Pg 54) get a pencil in your hand and you go to work, its trading boot camp boys and girls and its not for the `feint of effort' traders.

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