内容简介
While new technology and complicated theories promise to takeyour trading to "the next level," the truth is that long-termsuccess in this field is rooted in simplicity. That's why Al Brookshas created "Reading Price Charts Bar by Bar." With this book,Brooks--a technical analyst for Futures magazine and an independenttrader--demonstrates how applying price action analysis to chartpatterns can help enhance returns and minimize downside risk. Alongthe way, you'll discover the importance of understanding every baron a price chart, why particular patterns are reliable setups fortrades, and how to locate entry and exit points as markets aretrading in real time. Throughout these pages, some of the mostuseful tools for deciphering price action are covered in detail,including: Trendlines and trend channel lines Prior highs and lowsBreakouts and failed breakouts The size of bodies and tails oncandles The relationship between current bars to prior bars Andmuch more Learning what the market is telling you can be difficult,but with the right approach, you can achieve this goal and captureconsistent profits in the process. "Reading Price Charts Bar byBar" has all the information you need to succeed at this endeavorand will put you in the best position possible to make the most ofyour time in today's turbulent markets. Praise for "Reading PriceCharts Bar by Bar" "Al Brooks has written a book every day tradershould read. On all levels, he has kept trading simple,straightforward, and approachable. By teaching traders that thereare no rules, just guidelines, he has allowed basic common sense toonce again rule how real traders should approach the market. Thisis a must-read for any trader that wants to learn his own path tosuccess." --Noble DraKoln, founder ofwww.SpeculatorAcademy.com andauthor of "Trade Like a Pro" and "Winning the Trading Game"