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Trading Price Action and Pivot Points: New Analysis and Strategies for the Forex Market
Price Action
Regardless of the indicator, system or method you are using to trade the markets, you are always looking at price and price action. The forex markets do not have direct access to order flow, however, there is always access to its closest relative - price action. By learning how to read price action, understand the formations and patterns, and identify the key setups, you can learn to successfully trade any market on any time frame. Once you are able to read the direct product of order flow you will be able to
- Buying and selling pressure
- Where the institutional market is entering and exiting
- When there is an imbalance in the market
- What direction to trade
- When to get in and out of the market
Trading on price action and tape reading has been a lost art in the age of technology, indicators and black boxes, yet is one of the simplest and most crucial skills and methods to trade the markets successfully. This book will teach you rule-based systems to trade solely with price action. Learn how to get a clear read on the where, the when and direction to trade any instrument on any time frame via proprietary quantitative analysis on key price action formations.
Pivot Points
If you have ever had the challenge of finding key intraday entries and exits, then you will want to learn how to wield pivots. There is nothing that price action has a greater reaction to on intraday time frames than pivot points. Using 10 years of proprietary quantitative analysis on pivot points, this book provides critical statistics for understanding, relating to and using pivot points for day trading.
You will
- The percentage chance that a pivot will be broken on a daily basis
- The percentage chance a pivot will be touched after breaking a previous pivot
- How long on average it takes for specific pairs to breach any single pivot
- Key breakout and rejection systems using pivot points
One of the biggest challenges for every day trader is finding the most precise location to enter and exit the market. In 'Price Action & Pivot Points' you will learn key methods, statistics and systems to overcome this and beat the market.
Regardless of the indicator, system or method you are using to trade the markets, you are always looking at price and price action. The forex markets do not have direct access to order flow, however, there is always access to its closest relative - price action. By learning how to read price action, understand the formations and patterns, and identify the key setups, you can learn to successfully trade any market on any time frame. Once you are able to read the direct product of order flow you will be able to
- Buying and selling pressure
- Where the institutional market is entering and exiting
- When there is an imbalance in the market
- What direction to trade
- When to get in and out of the market
Trading on price action and tape reading has been a lost art in the age of technology, indicators and black boxes, yet is one of the simplest and most crucial skills and methods to trade the markets successfully. This book will teach you rule-based systems to trade solely with price action. Learn how to get a clear read on the where, the when and direction to trade any instrument on any time frame via proprietary quantitative analysis on key price action formations.
Pivot Points
If you have ever had the challenge of finding key intraday entries and exits, then you will want to learn how to wield pivots. There is nothing that price action has a greater reaction to on intraday time frames than pivot points. Using 10 years of proprietary quantitative analysis on pivot points, this book provides critical statistics for understanding, relating to and using pivot points for day trading.
You will
- The percentage chance that a pivot will be broken on a daily basis
- The percentage chance a pivot will be touched after breaking a previous pivot
- How long on average it takes for specific pairs to breach any single pivot
- Key breakout and rejection systems using pivot points
One of the biggest challenges for every day trader is finding the most precise location to enter and exit the market. In 'Price Action & Pivot Points' you will learn key methods, statistics and systems to overcome this and beat the market.
176 pages, Paperback
First published April 20, 2011
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