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History & Culture - Price Action Trading for Beginners: Learn how to use Support and Resistance, Japanese Candlesticks and Fibonacci Trading to read price action in any financial ... market (Forex, Bitcoin, Commodity, Stock)

Description

Book Synopsis: The greatest skill a trader can aspire to is to read pure price action without using any additional indicator. Forget about screens full of quantitative indicators or oscillators. Price action trading relies on a “less is more” approach in which the price is the only protagonist. In this book, we will see how to interpreter the behavior of the price for any kind of financial market (Forex, Cryptocurrencies, Futures, Commodities, Stocks) trying to track the footprints left by buyers and sellers to understand the possible future direction of the price. What you will learn with this book How to spot and use Support and Resistance; How to identify and use Trendlines and Price Channels; The four Market Phases (Accumulation; Distribution; Trend) and the most important trend identification techniques; The six main characteristics of Price action; The three main characteristics of Japanese candlesticks (Shadows, Body, Close Price) and the psychology behind these formations; Two reversal patterns: Pin Bar and Engulfing; An introduction to Fibonacci Trading (Retracements, Extensions and probabilities of trend continuation); A simple but effective price action trading strategy; This book includes numerous figures and charts to help you in understand the concepts presented. The contents suit more for a discretionary trading rather than an algorithmic one.

Details

Unlock the secrets of successful trading with our comprehensive guide on Price Action Trading for Beginners. Dive into the world of Support and Resistance, Japanese Candlesticks, and Fibonacci Trading to master the art of reading price action in any financial market - Forex, Bitcoin, Commodity, Stock. Say goodbye to confusing indicators and embrace a simplified approach where the price is your ultimate guide. Let us show you how to interpret market behavior and predict future price movements effortlessly.

Gain a competitive edge in trading by learning essential skills such as identifying Support and Resistance levels, recognizing Trendlines and Price Channels, and mastering the art of trend identification techniques. Discover the intricacies of Price Action and Japanese candlesticks, unraveling the psychology behind market movements. Don't miss out on learning about powerful reversal patterns like Pin Bar and Engulfing, along with an insightful introduction to Fibonacci Trading for maximizing your trading potential.

Empower yourself with a simple yet effective price action trading strategy that delivers results. Packed with helpful figures and charts, this book is your go-to resource for mastering the art of trading through Price Action analysis. Suitable for discretionary traders looking to enhance their trading abilities, this guide is a must-have for anyone keen on achieving success in the financial markets.

Take the first step towards trading success now!

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