Price Action Trading is a trading technique in which traders make use of only ‘Price’ and ‘Volume’ to make trading decisions.
This book by
Sunil Gurjar, founder of Chartmojo, will guide you how to trade in securities and time entry and exit in a better way the use of price action, without relying much on technical indicators. The book is written in a simple and easy to bear in mind language and best suited for people wishing to be informed Technical Analysis, especially Price Action. The book is applicable to Intraday Trading, Swing Trading, & Positional Trading.This Book will teach a trader or investor basics of price action technical analysis so that he can pick right stocks at right time to make money from trading or making an investment in them.
The book will teach you how to use more than a few technical analysis tools like enhance – resistance, moving averages, candlestick patterns, chart patterns, and so forth in price action trading with help of more than a few case studies and charts.
The book also explains risk management techniques like Position Sizing, Placing Initial Stop Loss and Trailing Stop Loss, Maintaining Trading Journal, and so forth.
Candlesticks like Maribozu, Hammer, Hanging Man, Inverted Hammer, Shooting Star, Doji, Engulfing Pattern, Harami Pattern, Piercing Line, Dark Cloud Cover, Morning Star, Evening Star, Three White Soldiers, Three Black Crows, and so forth are explained in this book.
The book also explains Advanced Candlestick Analysis Methods.
Chart Patterns like Head & Shoulder, Inverted Head & Shoulder, Double Top, Double Bottom, Rounding Top, Rounding Bottom, Ascending Triangle, Descending Triangle, Symmetrical Triangle, Rectangle Pattern, Cup and Deal with, Channel Pattern, Wedge Pattern, and so forth are explained in this book.
Book also covers
49 case studies which give an explanation for the entire concepts in a practical and easy to bear in mind manner.
Category: Books