I have been trading using technical analysis for about 5 years but I just came across price action trading. What are everyone's opinion on it and can anyone refer me to some good web based learning material on it?
Thanks!
Re: What Are Everyone's Thoughts On Price Action Trading?
2I am using something similar and works for me just fine. No messy charts, no need of gazillion indicators, just pure price movement, that is all I need.
Re: What Are Everyone's Thoughts On Price Action Trading?
3I would simply say price action trading works in all time frames
Now about the books or materials - there are many, but I would recommend to start with Al Brooks and his book - Reading Price Charts Bar by Bar.
you may find even as a free edition in the internet
Just for reference here is a link to amazon with other books:
Happy learning and trading
Now about the books or materials - there are many, but I would recommend to start with Al Brooks and his book - Reading Price Charts Bar by Bar.
you may find even as a free edition in the internet
Just for reference here is a link to amazon with other books:
Happy learning and trading
Re: What Are Everyone's Thoughts On Price Action Trading?
4I agree with you Francois and thank you for sharing this book . I think that if you do not familiarize yourself with the ways of price action, then any systems and indicators wouldn't be so helpful. For myself the discipline and patience is the key with pure price action
Re: What Are Everyone's Thoughts On Price Action Trading?
5Looks like an interesting read. Thank you for sharing it. I will definitely try to purchase it.
Re: What Are Everyone's Thoughts On Price Action Trading?
6Thanks for this book. I will definitely try to read it to increase my knowledge.FrancoisT wrote: Tue Nov 07, 2017 2:06 am I would simply say price action trading works in all time frames
Now about the books or materials - there are many, but I would recommend to start with Al Brooks and his book - Reading Price Charts Bar by Bar.
you may find even as a free edition in the internet
Just for reference here is a link to amazon with other books:
Happy learning and trading