A detailed guide to profiting from trend reversals using the
technical analysis of price action
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 step by step through the entire process.
By breaking down his trading system into its simplest pieces:
institutional piggybacking or trend trading, trading ranges, and
transitions or reversals (the focus of this book), this
three book series offers access to Brooks' successful methodology.
Trading Price Action Reversals reveals the various types of
reversals found in today's markets and then takes the time to
discuss the specific characteristics of these reversals, so that
you can use them in your everyday trading endeavors. While price
action analysis works on all time frames, there are different
techniques that you can use in trading intraday, daily, weekly and
monthly charts. This, among many other issues, is also addressed
throughout these pages.
* Offers insights on how to handle volatility and sharp
reversals
* Covers the concept of using options when trading certain
charts
* Examines how to deal with the emotions that come along with
trading
* Other books in the series include Trading Price Action
Trends and Trading Price Action Trading Ranges
If you're looking to make the most of your time in today's
markets the trading insights found in Trading Price Action
Reversals will help you achieve this goal.