CREATESPACE Price Action Breakdown: Exclusive Price Action Trading Approach to Financial Markets
C**D
Price Action basics are fundamental for every type of trader!
After getting into trading, the typical retail type of technical analysis quickly became a nuisance for me. I wanted to know why the markets move the way they do and not be subject to just some ultimately arbitrary patterns or lines on the charts hoping that they stick. I also didn't want to be at the lagging whim of indicators. So, I dived into Price Action theory. Laurentiu Damir's book provided me with new ideas, while also putting a lot of concepts I was aware of into solid context providing a full understanding of how price action moves on the charts.For anyone looking to really understand the fundamentals of why and how price moves on the charts, this is a must-read. After applying these concepts to my own trading as a scalper, the reward has been exponential. I think that is more than enough said!
M**L
The logic of price movements: supply and demand
This is an excellent book that teaches you how to think of all price movements in terms of supply and demand. Flat regions (which I've heard called consolidation areas or trading regions) are really just "value areas," places where the buyer and seller agree the price is fair. Most books stop there. This book zooms in that value area and teaches you how to analyze who is dominating the trades, buyers or sellers, and how to predict how trends will change. Value areas are not always flat; they can be slanted upward or downward, and this changes your analysis. He discusses this in great detail. The book also gives a fascinating discussion about how to use time scales to make trades (need to look at bigger time scales to understand the bigger context of the scale you trade on. Then, based on that context, you can make smarter trades when you zoom in to a smaller time scale).Only beef: sometimes the grammar is a bit imperfect and makes it hard to understand. This is rarely a problem but when it occurs, you need to reread the sentence a couple of times to get it. No big deal, and since English is not the author's first language, I didn't remove a star because of this.Informative book and fast read. highly recommended.
J**N
Very detailed and summarised information on Price Action trading.
Don’t be put off by the size of the book. The amount of information packed within the pages are very informative. Started off picking small scraps from whatever source I could find on Price Action trading and came across this book as a recommended read. I’ve learnt so much from the author and I would highly recommend anybody interested in this topic to pick up the book. The content covered inside the book are suitable for anyone irregardless of your level of experience.
M**L
Undervalued book.
This book gave me a lot of clarity and insight on how prices move in markets and gave me a better understanding on trading overall. Would recommend for any beginner or anyone looking for a new system. It's very concise and to the point.
I**N
Incredible Price Action book
I have already read the book twice. Tons of valuable information with a lot of examples and charts that I am sure, will improve my results. Excellent book, highly recommended.
Trustpilot
3 weeks ago
2 months ago