Offers insights on how to handle volatility and sharp reversals Covers the concept of using options when trading certain charts Examines how to deal with the emotions that come along with trading Other books in the series include Trading Price Action Trends and Trading Price Action Trading Ranges This, among many other issues, is also addressed throughout these pages. While price action analysis works on all time frames, there are different techniques that you can use in trading intraday, daily, weekly and monthly charts. Trading Price Action Reversals reveals the various types of reversals found in todays markets and then takes the time to discuss the specific characteristics of these reversals, so that you can use them in your everyday trading endeavors.
Now, with this new series of books, Brooks takes you step by step through the entire process.īy breaking down his trading system into its simplest pieces: institutional piggybacking or trend trading, trading ranges, and transitions or reversals (the focus of this book), this three book series offers access to Brooks successful methodology. His first book, Reading Price Charts Bar by Bar, offered an informative examination of his system, but it didnt allow him to get into the real nuts and bolts of the approach.
By simplifying his trading system and trading only 5-minute price charts hes found a way to capture profits regardless of market direction or economic climate. Trading Price Action Reversals: Technical Analysis of Price Charts Bar by Bar for the Serious Trader by Al Brooks A detailed guide to profiting from trend reversals using the technical analysis of price action The key to being a successful trader is finding a system that works and sticking with it.