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Trading Price Action Trends: Technical Analysis of Price Charts Bar by Bar for the Serious Trader

Book Description

A practical guide to profiting from institutional trading trends

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 (the topic of this particular book in the series), trading ranges, and transitions or reversals, this three book series offers access to Brooks' successful methodology. Trading Price Action Trends: Technical Analysis of Price Charts Bar by Bar for the Serious Trader describes in detail what individual bars and combinations of bars can tell a trader about what institutions are doing. This is critical because the key to making money in trading is to piggyback institutions and you cannot do that unless you understand what the charts are telling you about their behavior. This book will allow you to see what type of trend is unfolding, so can use techniques that are specific to that type of trend to place the right trades.

  • Discusses how to profit from institutional trading trends using technical analysis

  • Outlines a detailed and original trading approach developed over the author's successful career as an independent trader

  • Other books in the series include Price Action Trading Ranges Bar by Bar and Price Action Reversals Bar by Bar

If you're looking to make the most of your time in today's markets the trading insights found in Trading Price Action Trends: Technical Analysis of Price Charts Bar by Bar for the Serious Trader will help you achieve this goal.

Table of Contents

  1. Cover
  2. Series
  3. Title Page
  4. Copyright
  5. Dedication
  6. Acknowledgments
  7. List of Terms Used in This Book
  8. Introduction
    1. HOW TO READ THESE BOOKS
    2. SIGNS OF STRENGTH: TRENDS, BREAKOUTS, REVERSAL BARS, AND REVERSALS
    3. BAR COUNTING BASICS: HIGH 1, HIGH 2, LOW 1, LOW 2
  9. Part I: Price Action
    1. HIGH-FREQUENCY TRADING
    2. Chapter 1: The Spectrum of Price Action: Extreme Trends to Extreme Trading Ranges
    3. Chapter 2: Trend Bars, Doji Bars, and Climaxes
    4. Chapter 3: Breakouts, Trading Ranges, Tests, and Reversals
    5. Chapter 4: Bar Basics: Signal Bars, Entry Bars, Setups, and Candle Patterns
    6. Chapter 5: Signal Bars: Reversal Bars
    7. Chapter 6: Signal Bars: Other Types
      1. STRONG TREND BAR
      2. REVERSAL PATTERNS
      3. ALL BARS IN A CHANNEL
    8. Chapter 7: Outside Bars
    9. Chapter 8: The Importance of the Close of the Bar
    10. Chapter 9: Exchange-Traded Funds and Inverse Charts
    11. Chapter 10: Second Entries
    12. Chapter 11: Late and Missed Entries
    13. Chapter 12: Pattern Evolution
  10. Part II: Trend Lines and Channels
    1. Chapter 13: Trend Lines
    2. Chapter 14: Trend Channel Lines
    3. Chapter 15: Channels
    4. Chapter 16: Micro Channels
    5. Chapter 17: Horizontal Lines: Swing Points and Other Key Price Levels
  11. Part III: Trends
    1. Chapter 18: Example of How to Trade a Trend
    2. Chapter 19: Signs of Strength in a Trend
    3. Chapter 20: Two Legs
  12. Part IV: Common Trend Patterns
    1. Chapter 21: Spike and Channel Trend
    2. Chapter 22: Trending Trading Range Days
    3. Chapter 23: Trend from the Open and Small Pullback Trends
    4. Chapter 24: Reversal Day
    5. Chapter 25: Trend Resumption Day
    6. Chapter 26: Stairs: Broad Channel Trend
  13. About the Author
  14. About the Website
  15. Index