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E-raamat: Trading Price Action Trends: Technical Analysis of Price Charts Bar by Bar for the Serious Trader

(University of Chicago Pritzker School of Medicine; Trinity College)
  • Formaat: PDF+DRM
  • Sari: Wiley Trading
  • Ilmumisaeg: 09-Nov-2011
  • Kirjastus: John Wiley & Sons Inc
  • Keel: eng
  • ISBN-13: 9781118166239
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  • Formaat: PDF+DRM
  • Sari: Wiley Trading
  • Ilmumisaeg: 09-Nov-2011
  • Kirjastus: John Wiley & Sons Inc
  • Keel: eng
  • ISBN-13: 9781118166239
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"A practical guide to profiting from institutional trading trends. The key to being a successful trader is finding a system that works and sticking with it. Author Al Brooks has done just that. By simplifying his trading system and trading only 5-minute price charts he's found a way to capture profits regardless of market direction or economic climate. His first book, Reading Price Charts Bar by Bar, offered an informative examination of his system, but it didn't allow him to get into the real nuts and bolts of the approach. Now, with this new series of books, Brooks takes you step by step through the entire process. By breaking down his trading system into its simplest pieces: institutional piggybacking or trend trading (the topic of this particular book in the series), trading ranges, and transitions or reversals, this three book series offers access to Brooks' successful methodology. Price Action Trends Bar by Bar describes in detail what individual bars and combinations of bars can tell a trader about what institutions are doing. This is critical because the key to making money in trading is to piggyback institutions and you cannot do that unless you understand what the charts are telling you about their behavior. This book will allow you to see whattype of trend is unfolding, so can use techniques that are specific to that type of trend to place the right trades. Discusses how to profit from institutional trading trends using technical analysis Outlines a detailed and original trading approach developed over the author's successful career as an independent trader Other books in the series include Price Action Trading Ranges Bar by Bar and Price Action Reversals Bar by Bar. If you're looking to make the most of your time in today's markets the trading insights found in Price Action Trends Bar by Bar will help you achieve this goal"--

"A practical guide to profiting from institutional trading trends. The key to being a successful trader is finding a system that works and sticking with it. Author Al Brooks has done just that. By simplifying his trading system and trading only 5-minute price charts he's found a way to capture profits regardless of market direction or economic climate. His first book, Reading Price Charts Bar by Bar, offered an informative examination of his system, but it didn't allow him to get into the real nuts and bolts of the approach. Now, with this new series of books, Brooks takes you step by step through the entire process. By breaking down his trading system into its simplest pieces: institutional piggybacking or trend trading (the topic of this particular book in the series), trading ranges, and transitions or reversals, this three book series offers access to Brooks' successful methodology. Price Action Trends Bar by Bar describes in detail what individual bars and combinations of bars can tell a trader about what institutions are doing. This is critical because the key to making money in trading is to piggyback institutions and you cannot do that unless you understand what the charts are telling you about their behavior. This book will allow you to see whattype of trend is unfolding, so can use techniques that are specific to that type of trend to place the right trades. Discusses how to profit from institutional trading trends using technical analysis Outlines a detailed and original trading approach developed over the author's successful career as an independent trader Other books in the series include Price Action Trading Ranges Bar by Bar and Price Action Reversals Bar by Bar. If you're looking to make the most of your time in today's markets the trading insights found in Price Action Trends Bar by Bar will help you achieve this goal"--

A practical guide to profiting from institutional trading trends

The key to being a successful trader is finding a system that works and sticking with it. Author Al Brooks has done just that. By simplifying his trading system and trading only 5-minute price charts he's found a way to capture profits regardless of market direction or economic climate. His first book, Reading Price Charts Bar by Bar, offered an informative examination of his system, but it didn't allow him to get into the real nuts and bolts of the approach. Now, with this new series of books, Brooks takes you step by step through the entire process.

By breaking down his trading system into its simplest pieces: institutional piggybacking or trend trading (the topic of this particular book in the series), trading ranges, and transitions or reversals, this three book series offers access to Brooks' successful methodology. Price Action Trends Bar by Bar describes in detail what individual bars and combinations of bars can tell a trader about what institutions are doing. This is critical because the key to making money in trading is to piggyback institutions and you cannot do that unless you understand what the charts are telling you about their behavior. This book will allow you to see what type of trend is unfolding, so can use techniques that are specific to that type of trend to place the right trades.

  • Discusses how to profit from institutional trading trends using technical analysis
  • Outlines a detailed and original trading approach developed over the author's successful career as an independent trader
  • Other books in the series include Price Action Trading Ranges Bar by Bar and Price Action Reversals Bar by Bar

If you're looking to make the most of your time in today's markets the trading insights found in Price Action Trends Bar by Bar will help you achieve this goal.

Acknowledgments xi
List of Terms Used in This Book
xiii
Introduction 1(34)
PART I Price Action
35(156)
Chapter 1 The Spectrum of Price Action: Extreme Trends to Extreme Trading Ranges
55(4)
Chapter 2 Trend Bars, Doji Bars, and Climaxes
59(18)
Chapter 3 Breakouts, Trading Ranges, Tests, and Reversals
77(6)
Chapter 4 Bar Basics: Signal Bars, Entry Bars, Setups, and Candle Patterns
83(6)
Chapter 5 Signal Bars: Reversal Bars
89(12)
Chapter 6 Signal Bars: Other Types
101(54)
Chapter 7 Outside Bars
155(14)
Chapter 8 The Importance of the Close of the Bar
169(4)
Chapter 9 Exchange-Traded Funds and Inverse Charts
173(4)
Chapter 10 Second Entries
177(4)
Chapter 11 Late and Missed Entries
181(4)
Chapter 12 Pattern Evolution
185(6)
PART II Trend Lines and Channels
191(84)
Chapter 13 Trend Lines
195(14)
Chapter 14 Trend Channel Lines
209(10)
Chapter 15 Channels
219(30)
Chapter 16 Micro Channels
249(20)
Chapter 17 Horizontal Lines: Swing Points and Other Key Price Levels
269(6)
PART III Trends
275(48)
Chapter 18 Example of How to Trade a Trend
289(18)
Chapter 19 Signs of Strength in a Trend
307(12)
Chapter 20 Two Legs
319(4)
PART IV Common Trend Patterns
323(114)
Chapter 21 Spike and Channel Trend
325(34)
Chapter 22 Trending Trading Range Days
359(24)
Chapter 23 Trend from the Open and Small Pullback Trends
383(32)
Chapter 24 Reversal Day
415(8)
Chapter 25 Trend Resumption Day
423(8)
Chapter 26 Stairs: Broad Channel Trend
431(6)
About the Author 437(2)
About the Website 439(2)
Index 441
AL BROOKS is a technical analysis contributor for Futures magazine and an independent day trader. His approach to reading price charts was developed over two decades in which he changed careers from ophthalmology to trading. Brooks graduated from The University of Chicago Pritzker School of Medicine in 1978 and received a BS in mathematics with honors from Trinity College in 1974. His website, brookspriceaction.com, outlines his trading approach and views as well as hosts a subscription-based daily trading chat room in which Brooks talks with other traders about the market.