Price Action Breakdown: Exclusive Price Action Trading Approach to Financial Markets
Price Action Breakdown is a book on pure price action analysis of financial markets. It covers concepts, ideas and price action trading methods that you most likely haven’t seen anywhere else. The knowledge contained can be used to trade any financial market such as Forex, Futures, Stocks, Commodities and all major markets.
Introduction:
If you are reading this, there is a good possibility that you have read material from me in the past. I wrote a number of short books some years ago explaining my trading ideas and methods. Those short eBooks had quite a bit of success as it turned out. One of them was actually bestseller in its category for more than 6 months with the others following closely.
I, of course, left my email address for readers to contact me. And that they did. It has been almost four years without writing anything but the emails keep coming every day. The most popular request I get is to write more about price action, to publish a material where to explain comprehensively the price action techniques I use to trade the markets with. It has taken me quite some time as you see, to follow up on this request.
This material assumes the reader has knowledge of basic functionalities of the market or markets he wants to trade. Things like “how to open up a trade”, “how to switch between timeframes” on your trading platform, “how trading with leverage works”, “what is a futures contract”, “what stocks are best to trade and why” or “what is a forex pair and which are best to trade” will not be covered in this material.
With minimal effort, you can find all this basic information freely on the internet and, to be honest, it will probably be better organized and explained than my version of the same. I will be focusing solely on technical analysis with price action alone. If you have read one of my books before you are aware of the fact that I do not like to write just for the sake of writing. My writing style has always been to the point, without any trading stories or redundant information. This might have something to do with the fact that English is not my native language, but the feedback I get is that this concise way of writing is a plus. Also, I don’t like telling stories and speaking off topic in my native language either.
Contents:
- Fair Value of Price
- What Is The Fair Value Area?
- Trading Volume
- Excess Price
- Control Price
- Initiative and Responsive Trading
- Value Shifting
- Moving Value
- Constructing the Big Picture
- Value High, Low and Excess
- Use In Trading
- Rejection
- Framework
- Trend Identification and Change
- Support, Resistance, Rejection
- Putting It Together
- Timeframes
- Supply And Demand Key Levels