How To Read Price Action?
War Stories of Buyers Vs Sellers
Hello Price Action Traders,
Thank you for spending your time here and for visiting this page. As much as I enjoyed writing the book, I truly hope you’ll find it enjoyable and useful. The fact that you are reading this page shows that you want to learn more. Great! Be curious and be hungry to learn at the same time. Reading price takes time and experience. However, by reading this, I hope I can help you smoothen the journey.
Trading didn’t go smoothly initially. Like a lost goat, I was going around aimlessly and desperately trying to make sense of price and price action. Reading books on technical analysis, memorising candlesticks patterns and even becoming a YouTube junkie. It became frustrating and annoying as trading became more confusing at the same time. Thankfully, it didn’t stop there.
Reading this right now, it means that you realise the importance of Price action (PA). You’re also probably aware that price is the only leading indicator and common denominator across any market place – be it in the financial market, property market or even the food market – as it is an equilibrium point between supply and demand that is generated from various types of buyers and sellers.
While price is simply just a number, it represents more than a number. If you believe that human behaviours – like fear and greed – exist, then you should also believe that price and price patterns represents the very same behaviours in the financial market. Human behaviour drives price and understanding those behaviours leads to good understanding of price action.
With that, I would like to invite you explore investors’ behaviors (in relation to price) a little further.
Many traders have spent many hours reading books on price patterns, yet many fail to grasp the core of it. Of course, everyone has a different journey and, initially, I struggled as well. It was only later that I found out that it was not the patterns but what is really happening in the market place that matters. Many struggle to understand what was going on between the buyers and sellers because they often overlooked the market psychology driving the prices.
This is a book on Market Psychology and the objective of this book is to help traders think about the stories behind the PA (as oppose to feeding you with patterns). This book is a short guide and an introduction into how I read price and how I interpret the stories of price warfare. It is not meant to be comprehensive in nature and it’s primarily focused on understanding the psychology behind buyers and sellers, which I will illustrate using simple price patterns. Price analysis will give you the review you require to build a market bias. With that bias, you will gain an advantage over the market.
Understand the story and psychology behind Price Action Forex trading!
Understanding Price Action means to look beyond the patterns. We bring to you an introductory guide on price action trading strategies, market psychology, identifying market players, and interpreting Price Action patterns.
Here’s your chance to build a winning trader’s mindset! Grab your copy now!
Lastly, I wish you nothing but success in your trading career. Thank you once again and have a good day.
Pricing action trading is all about predictions and speculations. It requires thorough and focused analysis of past trends and the effective use of technical analysis tools. All those technicalities can get overwhelming; therefore, we have taken a completely different, yet extremely effective, approach to it.
With Trade Your Edge’s, How To Read Price Action book, you can master the best and most effective price action trading strategies. Invest in it now.
What’s in the Book?
Just so that you’re not caught by surprise, the follow are the topics covered in the book.
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About Alwin Ng
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Preface – How This Book Came To Be
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Introduction
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Glossary
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Candlestick Cheat Sheet
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Price Action (PA) is About Finding the Warrior
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Market Players – Know the Troops
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Price Action – The Tools to Read
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Learn the Three Simple Stories
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Putting the Stories Together
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The More Stories, The Better
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Summary
How Can I Benefit from The Book?
3 Simple Ways You Can Benefit:
- The book is neither about Fundamental Analysis nor is it about Technical Analysis. In essence, it is a different perspective to Market Psychology (in relation to Price Action). On that basis, you should start to think, watch and feel the market like a war strategist and to understand the battlefield through market psychology.
- Because human behavior cannot be categorised in either black or white, you should not used the ideas here in isolation. To benefit from the book, make sure to use your existing analysis and apply the concepts here only to compliment what you have.
- Be very curious and very imaginative at the same time. The objective of the book is to provide new perspective to price action reading, hence, the more curious and imaginative you are, the more you can appreciate the book.
What is NOT in The Book?
This is not a technical book but it is aimed to provide new perspectives to readers when they are in the market.
Also, in order to fully appreciate the book, it’ll be useful if you have had read some basic articles/materials on candlesticks.
How Can I Buy The Book?
You can buy the book by using PayPal (PDF version). Please click on the Buy button below to proceed.
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