Reading Price Charts Bar by Bar

While new technology and complicated theories promise to take yourtrading to „the next level,“ the truth is that long-term success inthis field is rooted in simplicity. That's why Al Brooks hascreated Reading Price Charts Bar by Bar.
With this book, Brooks--a technical analyst for Futuresmagazine and an independent trader--demonstrates how applyingprice action analysis to chart patterns can help enhance returnsand minimize downside risk. Along the way, you'll discover theimportance of understanding every bar on a price chart, whyparticular patterns are reliable setups for trades, and how tolocate entry and exit points as markets are trading in realtime.
Throughout these pages, some of the most useful tools fordeciphering price action are covered in detail, including:
* Trendlines and trend channel lines
* Prior highs and lows
* Breakouts and failed breakouts
* The size of bodies and tails on candles
* The relationship between current bars to prior bars
* And much more
Learning what the market is telling you can be difficult, butwith 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 thisendeavor and will put you in the best position possible to make themost of your time in today's turbulent markets.
Praise for Reading Price Charts Bar by Bar
„Al Brooks has written a book every day trader should read. Onall levels, he has kept trading simple, straightforward, andapproachable. By teaching traders that there are no rules, justguidelines, he has allowed basic common sense to once again rulehow real traders should approach the market. This is a must-readfor any trader that wants to learn his own path to success.“
--Noble DraKoln, founder ofwww. SpeculatorAcademy. comand author of Trade Like a Pro and Winning the TradingGame
"Al Brooks is a trader's trader. He understands the focusedenergy it takes to be successful at trading and works long, hardhours in front of the computer screen to beat the markets. In hisfirst trading book, he outlines, selflessly, his strategy step bystep. A doctor and educator in his previous life, he uses his eyefor detail and transfers lessons he learned in training himself onthe art of trading to the written page. For those who are willingto delve into the details of day trading and dedicate the time andenergy to do it seriously and most likely profitably, Al Brooks'sbook Reading Price Charts Bar by Bar, is a must-read."
--Ginger Szala, Publisher and Editorial Director, Futures magazine