In Depth Guide to Price Action Trading: Powerful Swing Trading Strategy for Consistent Profits (Paperback) (ISBN-13: 9781539481652)

Learn the power of trading by reading price movementsThe only strategy you will ever need
This book will provide:

• An extremely efficient and complete swing trading strategy, with very good risk-reward ratio, for use on any liquid market like Stocks, Forex, Futures, Commodities, Indices.
• An in depth analysis of price action movements.
• Sound knowledge with respect to the most efficient price action techniques of analyzing the markets.

After reading this guide you will be able to:

• Trade on your own and achieve consistently good results month after month, provided you learn and follow what is presented throughout the book.
• Interpret and analyze price action movements in a way that will provide you with high probability trading setups.
• Establish key areas in the market where the price is most likely to change direction.
• See the main trend and the change of trend by combining the most efficient price action techniques of market analysis.
• Establish the confluence area in the market, the area where all the best trades have are most likely to happen.
• Find trading setups, execute them, place protective stops, set targets and manage every trade to finnish.
• Adapt to every situation the market will through your way.

Topics discussed include:

• Support and resistance
• The importance of timeframes
• Price action trends
• Price action swings
• Congesion areas
• Directional bars
• Confluence areas
• Fibonacci retracement leveles
• Price action patterns
• Risk-reward ratio
• Trade management, entry, stop, target
• The importance of discipline

Author: Laurentiu Damir, Pa Traders
ISBN-10: 1539481654
ISBN-13: 9781539481652
Publisher: Createspace Independent Publishing Platform
Language: English
Published: 10/16/2016
Pages: 104
Format: Paperback
Weight: 0.33lbs
Size: 9.00h x 6.00w x 0.22d