Reading Price Charts Bar By Bar (Hardcover)

Name : Reading Price Charts Bar By Bar (Hardcover)

Author : Al Brooks

Book Format : Hardcover

Genre : Business & Economics

ISBN : 9780470443958

Language : English

Pages : 401-500 Pages

Publish Year : 2009

Publisher : Wiley

Sub Genre : Management Guidance/Self Help Books

Although intricate strategies and systems might be effective for certain traders, grasping price action is ultimately the key to success in this field. Price action analysis offers a potent method for trading in modern markets—whether dealing with stocks, futures, or options. It empowers traders to concentrate on the trading process without becoming overwhelmed by intricate sets of techniques. Despite its seemingly elementary nature, this approach can significantly bolster profits and mitigate potential losses.

One method of implementing price action analysis into your trading efforts is through chart patterns. Few individuals understand this as well as Al Brooks, an author, technical analyst for Futures magazine, and a self-reliant trader for over two decades. A decade ago, Brooks found that interpreting price charts without relying on indicators was the simplest, most reliable, and profitable approach for his trading endeavors. This mastery of discipline paved the way for his consistent trading success. In "Reading Price Charts Bar by Bar," Brooks generously shares his wealth of experience on comprehending price action.

Ultimately, anyone can observe a chart—whether it's a candle chart for E-mini S&P 500 futures trading or a bar chart for stock trading—and identify clear entry and exit points. However, executing this in real-time proves considerably more challenging. "Readi

Country of Origin : India