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Most Recommended Price Action Analysis Books for Beginners and Professional
In this article, I will provide the list of the Most Recommended Price Action Analysis Trading Books for Beginners and Professional Traders. Books are the best friend learner and the first mode of learning new things and nothing can beat books when it comes to educating. It is the reason most experienced professional traders recommend reading books for learning Price Action Analysis.
Combining the best Price Action Analysis books along with articles, tutorials, and videos, you will get an excellent path to learn Price Action Analysis. Some of the books just give an overview of various Price Action Analysis concepts, some others Trading books go into the depth of each Price Action Analysis concept.
There are hundreds and thousands of Price Action Analysis books available on Amazon or Internet or any other e-commerce site. And as a beginner, you might be confused to choose the right book to start learning about Price Action Analysis Trading. Here, we are giving you the list of Price Action Analysis Trading Books based on the experience of Learners and Professional Traders. If you still haven’t put together your reading list for 2021, we’re here to help with our choice of the best-recommended books for Price Action Analysis.
1. Price Action Trading Technical Analysis
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 on how to trade in securities and time entry and exit in a better way using price action, without relying much on technical indicators. The book is written in a simple and easy-to-understand language and is best suited for people wishing to learn Technical Analysis, especially Price Action. The book is applicable to Intraday Trading, Swing Trading, & Positional Trading.
This Book will teach a trader or investor the basics of price action technical analysis so that he can pick the right stocks at right time to make money from trading or investing in them.
The book will teach you how to use various technical analysis tools like support – resistance, moving averages, candlestick patterns, chart patterns, etc in price action trading with help of various 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, etc.
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, etc 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 Handle, Channel Pattern, Wedge Pattern, etc are explained in this book.
Book also covers 49 case studies that explain all the concepts in a practical and easy-to-understand manner.
Buy This Book: https://amzn.to/3Avvfs6
2. Trading Price Action Trends: Technical Analysis of Price Charts Bar by Bar for the Serious Trader
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 to 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 books in the series include Price Action Trading Ranges Bar by Bar and Price Action Reversals Bar by Bar
If you’re looking to make the most of your time in today’s markets the trading insights found in Price Action Trends Bar by Bar will help you achieve this goal.
Buy This Book: https://amzn.to/3FxtiPB
3. Price Action Trading Secrets: Trading Strategies, Tools, and Techniques to Help You Become a Consistently Profitable Trader
Discover proven trading strategies, tools, and techniques to help you become a consistently profitable trader.
Price action trading is a method to read the “secret language” of the markets, so you can use it to better time your entries and exits—without relying on indicators, news, or signal services.
And in Price Action Trading Secrets, you’ll discover the trading strategies, tools, and techniques to help you beat the markets.
Here’s a glimpse of what you’ll learn:
- How to become a consistently profitable trader without relying on fundamentals news, trading indicators, or signal services
- The ten natural laws of trading that nobody tells you (this is why 95% of traders lose consistently)
- The four types of market structure every professional trader must know. Once you discover it, you’ll know exactly what “tricks” the market is up to—and how you can exploit it to your advantage
- How to tell when Support & Resistance is about to break—so you don’t get caught on the wrong side of the move (which means you’ll reduce your losses and retain more profits)
- The secret to reading candlestick patterns that nobody tells you—so you can better time your entries & exits—and even “predict” market turning points
- MAEE Formula: A simple trading strategy to profit in bull & bear markets—without indicators
- An important signal the market gives out when it’s about to make a big move (95% of traders don’t know this)
- 70+ charts and examples so you can easily understand the trading strategies and concepts (and quickly become a master price action trader)
- And much more…
It doesn’t matter if you know nothing about price action trading because this book is written in a layman, step-by-step manner. You’ll master the basics first, then gradually progress onto the advanced price action trading strategies and techniques—so you’ll be crystal clear every step of the way.
The best part? You can apply price action trading across different markets. So whether you’re a forex trader, day trader, stock trader, or cryptocurrency trader—you can adopt price action trading and improve your trading results.
Buy This Book: https://amzn.to/30fK9Gs
4. Understanding Price Action: Practical Analysis of the 5-Minute Time Frame
Understanding price action is a must-read for both the aspiring and professional trader who seek to obtain a deeper understanding of what is commonly referred to as “trading from the naked chart.” with hundreds of examples commented on in great detail, Vol man convincingly points out that only a handful of price action principles are responsible for the bulk of fluctuations in any market session-and that it takes common sense, much more than mastery, to put these essentials to one’s benefit in the trading game.
The power of the book lies in the exceptional transparency with which the concepts and trading techniques are put forth. Besides offering the reader a comprehensive study on price action mechanics, included within is a series of six months of consecutive sessions of the EUR/USD 5-minute. Containing nearly 400 fully annotated charts, this section alone Harbor a massive database of intraday analysis, not found in any other trading guide.
Written with a razor-sharp eye for practical detail, yet in a highly absorbable manner, understanding price action breathes quality from every page and is bound to become a classic in the library of any trader who is serious about his education.
Buy This Book: https://amzn.to/3DxNWxh
5. Fundamental Price Action Technical Analysis
Combo of 2 Books: Fundamental Analysis of Shares by Ankit Gala & Khushboo Gala (English) and Make Money with Price Action Trading: Technical Analysis Simplified ! by Sunil Gurjar (English)
Chapters of Fundamental Analysis of Shares Book –
- Introduction to Fundamental Analysis
- Economic Analysis
- Industry Analysis
- Company Analysis
- Annual Report of a Company
- Balance Sheet
- Profit and Loss Statement
- Cash Flow Statement
- Statement of Changes in Equity
- Standalone & Consolidated Financials
- Financial Ratios
- Financials of Financial Services Company
- Financials of Insurance Company
- DCF Valuation
- Relative Valuation
- SOTP Valuation
- Stock Screening
- Accounting Gimmicks & Red Flags
- Quotes by Legendary Investors like Warreb Buffett, Benjamin Graham, Peter Lynch, etc.
Price Action Trading is a trading technique in which traders make use of only ‘Price’ and ‘Volume’ to make trading decisions.
This book will guide you on how to trade in securities and time entry and exit in a better way using price action, without relying much on technical indicators. The book will teach you how to use various technical analysis tools like support – resistance, moving averages, candlestick patterns, chart patterns, etc in price action trading with help of various case studies and charts.
Book also explains risk management techniques like Position Sizing, Placing Initial Stop Loss and Trailing Stop Loss, Maintaining Trading Journal, etc.
Buy This Book: https://amzn.to/3Bx390X
6. Trading Price Action Trading Ranges: Technical Analysis of Price Charts Bar by Bar for the Serious Trader
Praise for Trading Price Action Trading Ranges
“Al Brooks has written a book every day trader should read. On all levels, he has kept trading simple, straightforward, and approachable. By teaching traders that there are no rules, just guidelines, he has allowed basic common sense to once again rule how real traders should approach the market. This is a must-read for any trader that wants to learn his own path to success.”
—Noble DraKoln, founder, SpeculatorAcademy.com, and author of Trade Like a Pro and Winning the Trading Game
“A great trader once told me that success was a function of focused energy. This mantra is proven by Al Brooks, who left a thriving ophthalmology practice to become a day trader. Al’s intense focus on daily price action has made him a successful trader. A born educator, Al also is generous with his time, providing detailed explanations on how he views daily price action and how other traders can implement his ideas with similar focus and dedication. Al’s book is no quick read, but an in-depth road map on how he trades today’s volatile markets, complete with detailed strategies, real-life examples, and hard-knocks advice.”
—Ginger Szala, Publisher and Editorial Director, Futures magazine
Over the course of his career, author Al Brooks, a technical analysis contributor to Futures magazine and an independent trader for twenty-five years, has found a way to capture consistent profits regardless of market direction or economic climate. And now, with his new three-book series—which focuses on how to use price action to trade the markets—Brooks takes you step by step through the entire process.
In order to put his methodology in perspective, Brooks examined an essential array of price action basics and trends in the first book of this series, Trading Price Action TRENDS. Now, in this second book, Trading Price Action TRADING RANGES, he provides important insights on trading ranges, breakouts, order management, and the mathematics of trading.
Page by page, Brooks skillfully addresses how to spot and profit from trading ranges—which most markets are in, most of the time—using the technical analysis of price action. Along the way, he touches on some of the most important aspects of this approach, including trading breakouts, understanding support and resistance, and making the most informed entry and exit decisions possible. Throughout the book, Brooks focuses primarily on 5-minute candle charts—all of which are created with TradeStation—to illustrate basic principles, but also discusses daily and weekly charts. And since he trades more than just E-mini S&P 500 futures, Brooks also details how price action can be used as the basis for trading stocks, forex, Treasury Note futures, and options.
Buy This Book: https://amzn.to/3Azluc9
Here, in this article, I provided the list of Most Recommended Price Action Analysis Trading Books for Beginners and Professional and I hope this Most Recommended Price Action Analysis Trading Books for Beginners and Professional article will help you with your needs and you enjoy this Most Recommended Price Action Analysis Books for Beginners and Professional article.
