Understanding Price Action: practical analysis of the 5-minute time frame

Just ordered this Book. If its as good as Bob's other one, Its worth its weight in gold. I'll add to my review in a week. After reading review: My first impression of Bob's new book was"wow what an intense read" just like the first book it will require several complete reading to absorb all the information. It's like the first book on steroids. I think most people would be better served reading and understanding all the information in the first book before moving on to the second. The concepts and the first book are very basic and straightforward. The concepts and the second book require much more subjectivity, this will make it more difficult to learn. The book however is loaded with tons of great information and a year's worth of charts which alone is worth the price of the book. I really feel this book was meant to be a companion to the first book. However, since price action is universal I think it was modified to a five minute chart to appeal to a larger audience. This is in no way faulting the book or Bob. If anything it's allowing his work to reach out and help more traders. I think applying the additional learning material from this book to the concepts already used on the 70 tick chart will increase the when rate of the scalper. This book is not as complete of a trading methodology as the first one, therefore I do feel you should read and understand Forex price action scalping first. Then once you're getting decent results and wanting to improve upon them take on the task of the second book. One thing I would like to note is he does a much better job at describing buying and selling pressures in this book which is very important.Also I like the way this book mirrors more of my trade management of exiting based on fading buying and selling pressure versus a hard fast target. In closing my final comments is Forex price action scalping is still my number one must-read book. This new book understanding price action is now moved to number two must-read book where it's taking over the spot from Mark Douglas's book trading in the zone. Allen, http://www.wallstreet2easystreet.com/

Excelente análise de consolidações, pontos de pressão e psicologia. Bem escrito, simples sem ser simplista, a técnica de scalp do Volman é muito bem delineada e explicada. A segunda parte do livro, com o equivalente a anos de exemplos no mercado já vale o preço. Se você já está familiarizado com autores como Al Brooks e Martin Pring, pode acreditar que esse livro do Volman é um EXCELENTE complemento ao teu arsenal de técnicas de leitura de mercado.

This book is excellent. Show the setup deeply and Every important bar is explain. He show where and why he would enter the trade.this book is for intermediate trader. While reading I could apply the knowledge in my trading. I dont regret the buy

Super

Das Buch ist so Ehrlich geschrieben wie kein anderes!! Da ich bereits Erfahrung mit sämtlichen Autoren welche nur Herumschreien ohne konkretes, habe ich das Buch sehr gut gefunden