Condition: BRAND NEW
ISBN: 9781118066515
Year: 2011
Publisher: John Wiley & Sons Inc (US)
Pages: 480


Description:
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 b