New book on Price Action

[DrPepper]

Maybe there is a way to learn price action besides simply staring at the screen for 6 months. I have not yet read this book, since it won't be released for 2 months, but it sounded good enough for me to pre-order a copy. Meanwhile, I will keep staring at my screen....

http://www.amazon.com/Reading-Price-Charts-Bar-Technical/dp/0470443952

 

[nkhoi]

alternate to staring
http://74.125.47.132/search?q=cache...2%7D+emini+al+brooks&hl=en&ct=clnk&cd=2&gl=us
click on side links for more articles
http://findarticles.com/p/articles/mi_qa5282/is_200710/ai_n21260604?tag=rbxcra.2.a.33

 

[DrPepper]

Quote from nkhoi:

alternate to staring
http://74.125.47.132/search?q=cache...2%7D+emini+al+brooks&hl=en&ct=clnk&cd=2&gl=us
click on side links for more articles
http://findarticles.com/p/articles/mi_qa5282/is_200710/ai_n21260604?tag=rbxcra.2.a.33

Very good articles--thanks. I couldn't find any of the charts that he was referring to in the articles, but I still understood most of the concepts. His articles reinforce my impression that his 400+ page book is going to be good.

 

[ATL-FXTrader]

Hard to say, as to watch and read the market bar by bar you need volume but I didn't see it mentioned in the initial review from your 1st post. Is this what he uses and just doesnt want to say that in the review ? If he uses volume then jump all over it.

 

[speres]

Quote from DrPepper:

Maybe there is a way to learn price action besides simply staring at the screen for 6 months. I have not yet read this book, since it won't be released for 2 months, but it sounded good enough for me to pre-order a copy. Meanwhile, I will keep staring at my screen....

http://www.amazon.com/Reading-Price-Charts-Bar-Technical/dp/0470443952

There aint no short cut mate, now you carry on staring at your screen......

 

[bigbiscuit]

lol.. probably sage advice

 

[GiantDog]

Quote from ATL-FXTrader:

Hard to say, as to watch and read the market bar by bar you need volume but I didn't see it mentioned in the initial review from your 1st post. Is this what he uses and just doesnt want to say that in the review ? If he uses volume then jump all over it.

In one of his articles or webinars he mentions he has volume on his charts but does not use it. Makes me wonder why he has volume on his charts in the first place if he is not using it.

 

[bighog]

No one will ever learn price action (movement) from reading a book. At best a book will set the stage for actual "LIVE" screen time under actual "LIVE" price action.

Let this sink in before you lose your grocery money. Nothing, absolutely nothing will prepare you for the emotional roller coaster of trading with real money than watching price unfold before your very eyes and then and only then will it hit you that you can really, honest and truly lose money.

As for the guy that mentioned why no volume mentioned. Reread the books title birdbrain. Did the title mention a word about volume? Sheeezee, the author of the book tells you what the book is about and you claim he is wrong before the book is even out. That shows you are not open to anything that goes against your ingrained beliefs. You are a fool to enter this game with a closed mind.

Keep funding those accounts, i can always use more money.

 

[SusanaDT]

You cannot replace chart reading experience hours with a book. To my knowledge there is no book that will even come close either. I'll go as far as to say all TA books are crap.

Either glue yourself to the charts for years or expect to get killed in the markets.

If you begin this process with no indicators you will learn faster. Only amateurs or sellers advice on indicators, make sure you don't even come close to oscillators.

Susana

 

[intradaybill]

Quote from bighog:

No one will ever learn price action (movement) from reading a book.

thumbs up!