Trading Price Action Trading Ranges: Technical Analysis of Price Charts Bar by Bar for the Serious Trader: 521 (Wiley Trading)
£49.90£56.10 (-11%)
“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 magazine
Over 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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Additional information
| Publisher | 1st edition (27 Jan. 2012), Wiley |
|---|---|
| Language | English |
| Hardcover | 624 pages |
| ISBN-10 | 1118066677 |
| ISBN-13 | 978-1118066676 |
| Dimensions | 19.56 x 5.08 x 23.62 cm |
by Joao Paulo Butie Lopes
cool book
by Mr. VLC
All three books in this series are extremely worthwhile studying. All the same, more comprehensively illustrated edition on larger pages would be a huge improvement.
by Waz
Having read Al brooks first book I found this & the book on trends a little easier, I’m now hoping to begin reading the third book on reversals soon. If your serious & have the time & patience to study these I’m pretty sure you’ll find great value from them as I have ! Having read quite a few books on trading I just having read Anything that comes close to this material!! The detail & clarity it gives is really good , I can’t speak for everyone but I’d definitely recommend but bare in mind you would need to read as a 3 part series & this being book 2.
by fxoutlier
Excellent read following on from Al’s first book on trends. This has prompted me to take up Al Brooks online course which I have only just started but is already impressing me. Don’t get put off by any poor reviews as this is the real deal, like university level reading. It’s not easy and for me took many hours as I’m not really an academic type, but I’ve read my share of trading books and this series is on another level. I had to highlight many items and re-read a lot and often went to bed mulling over lot’s of difficulties when reading the trends book, however now with the benefit of doing that, this book on reversals for me was easier to understand. Forget any ‘lazy man’s’, ‘naked trading’, ‘candlestick pattern’, ‘get rich quick’, ‘an hour a day’, ‘secret indicator’ or ‘holy grail’ type books as they are all a waste of time and get stuck in to Al’s trend book first and follow it with this one. There is another on reversals but not got to that yet.
by Margarete Gomes Pinto
Good book
by JB
Worthwhile read. Very in depth.
by Thomas
Without a doubt not only has this book allowed me to make thousands more per week as a trader, It’s also allowed me to stay in the game long enough to be in that position. Hands down his series are the best books to learn the methods of trading. Incredibly boring, unstructured and probably more difficult to understand than anything else you’ve ever read in your life – but the most beneficial.
Even now writing this review, I know that if I went over this material again I’d make alot more money this year… but I’m procrastinating… he’s just so unbelievably boring. No, I’ll read them again – absolutely life changing – this is coming from someone that’s read probably 150 trading books in the last 10 years.