Free Ebook Forex Price Action Scalping: an in-depth look into the field of professional scalping, by Bob Volman
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Forex Price Action Scalping: an in-depth look into the field of professional scalping, by Bob Volman
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Forex Price Action Scalping provides a unique look into the field of professional scalping. Packed with countless charts, this extensive guide on intraday tactics takes the reader straight into the heart of short-term speculation. The book is written to accommodate all aspiring traders who aim to go professional and who want to prepare themselves as thoroughly as possible for the task ahead. Few books have been published, if any, that take the matter of scalping to such a fine and detailed level as does Forex Price Action Scalping. Hundreds of setups, entries and exits (all to the pip) and price action principles are discussed in full detail, along with the notorious issues on the psychological side of the job, as well as the highly important but often overlooked aspects of clever accounting. The book, counting 358 pages, opens up a wealth of information and shares insights and techniques that are simply invaluable to any scalper who is serious about his trading.
- Sales Rank: #133894 in Books
- Published on: 2011-10-11
- Original language: English
- Number of items: 1
- Dimensions: 9.61" h x .81" w x 6.69" l, 1.26 pounds
- Binding: Paperback
- 358 pages
About the Author
Bob Volman (1961) is an independent trader working solely for his own account. A price action scalper for many years, he was asked to bundle all his knowledge and craftsmanship into an all-inclusive guide on intraday tactics. Forex Price Action Scalping is the long-awaited result. PUBLISHER'S NOTE: On youtube several obscure videos, posted by commercial vendors, falsely claim affiliation with the book and the author. We sharply condemn these practices. For those who want to know more about the book, free excerpts (pdf) are available for download at: www.infoFPAS.wordpress.com
Most helpful customer reviews
73 of 78 people found the following review helpful.
Excellent Book!
By Paul E. Wetzel
I never like to lose more than 10 pips on one trade, it's like a red line for me that separates staying cool in a trade and doubt taking over: this book fits my risk profile to the pip-> therefore, a scalper I am.
After making it halfway through the book and putting the setups to the test, it has become clear to me that Bob (hope you don't mind me calling you Bob) went the extra mile to uncover the fundamental details that are required to successfully trade his setups. In my experience, 98% of the other books out there (especially Forex books) leave those little but essential details up to you to figure out over time. The problem with that is, if you are lazy and want something for nothing like many of us do, you are probably gonna drop those other books fairly quickly, jump back on your horse, and continue your search for the Holy Grail (instead of doing the hard work that is required to be successful with them).
Good news, in this book, Bob has already done all of the hard work for you. This book is like food-stamps for the starving trader. I highly recommend this book.
48 of 51 people found the following review helpful.
Most Excellent
By Serac
For some time I have wanted to jump into learning price action trading. The trouble is, there is not a lot of material out there. Of course, there are Al Brooks' excellent books. But, if you are like me, digesting and understanding Brooks is like unraveling riddles of the sphinx - most difficult and fraught with expensive mistakes. Enter Bob Volman's book. Volman's lucid treatment of what could be a dry subject is refreshing. Volman's writing is clear, sometimes funny, and terribly engaging.
Volman presents each chapter with a general introduction to an idea. He then proceeds to give many examples with much, much commentary. At first, I was a little dissapointed with the book. Flip through it, and there are relatively few charts. But, it is only an illusion. There are few charts per page because Volman explains so much for each chart. And again, the reading isn't dry. Volman has a witty flair for English and a dry sense of humor that makes the multi-paragraph (and page) commentary for each chart seem like a short figure caption.
This is the real stuff, too. No smoke and mirrors, laggy indicators and outlandish performance metrics. Read Volman's book, and turn a simple candlestick chart into an amazing drama of tug-o-war.
45 of 49 people found the following review helpful.
First impressions
By M. Gregory Fletcher
Well I've never heard of Bob Volman or of Light Tower Publishing but after reading this book I can tell you that it's on par with what I've read from Al Brooks. The author has a very readable and insightful style which makes for strangely quick reading for this subject.
In some ways it strikes me as a sort of a price action short hand when you compare it to Al Brooks writings but nevertheless I think it very insightful and I plan on using some of the methods in trading equities.
I don't remember anything in the book that struck me as off or not matching my experience in the market. Every chapter rings true and fits the true reality of day trading like only a very small percentage of trading books do. I found myself nodding my head quite a few times in agreement with Bob's lucid explanations of many of the details of trading as a whole. My favorite quote is... "simple because the edge is not a thing that can surface by itself. It can only be obtained by the blood, sweat and tears of committing oneself to countless hours of studying markets, patterns, set ups and price action principles."
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