Forex Price Action Scalping

[brownsfan019 17]

Forex Price Action Scalping

 

Has anyone read this? Few on ET talking about it and first I've seen it.

[traderbarry 10]

Forex Price Action Scalping

 

Has anyone read this? Few on ET talking about it and first I've seen it.

 

There is a 190+ page thread. Google "bob volman trade win"

[SIUYA 11]

I have not read the book but you can get excerpts here

http://infofpas.files.wordpress.com/2011/10/excerpts-fpas-hr-3-6-121.pdf

 

it looks like an enjoyable read that might not tell you much new if you have experience. It might just reinforce some ideas, introduce a different take on things, but i think it will mainly repeat the advice that there is no substitute for screen time, patience and focus, context and the dreaded discipline when it comes to scalping. I would imagine there is nothing really new in here if you have been around long enough.

for $40, if it is a good read, recommended by others - and you are into scalping, or new to trading then on a quick perusal it looks good, with out too many absolutes and 'truths'

 

eg

"This example gives to show that the 20ema, no matter how faithful a

companion, should not be looked upon as an absolute"

[BlueHorseshoe 10]

Forex Price Action Scalping

 

Has anyone read this? Few on ET talking about it and first I've seen it.

 

Hi Brownsfan,

 

If you haven't done so already, have a read at some articles about Paul Rotter:

 

The Flipper - Traders Daily

The Flipper - HFT Review

The Flipper - Article

 

He traded bonds, not forex, and I'm not sure whether he continues to prosper . . .

 

Hope that helps,

 

BlueHorseshoe

[kuro 10]

Hi Brownsfan,

I have it, a pretty good book. Much more readable than something like Al Brooks.

[jpennybags 11]

Forex Price Action Scalping

 

Has anyone read this? Few on ET talking about it and first I've seen it.

 

This book is a well written and straight forward read. Having read two of the books authored by Al Brooks... what a joy Bob Volman's writing is by comparison.

 

This book was my introduction to tick charts, the use of which I've employed in my trading for the past 5 months... highly recommended book if you are interested in scalping strategies. I don't trade forex, but his methods translate well to other markets too.

 

Good stuff... money well spent.

[Guest OILFXPRO]

Is this not the same old stuff regurgitated from come into my trading room by elder?.Elder did it on 5 mins.

 

The 20 ema thread has better set ups.

[jpennybags 11]

Is this not the same old stuff regurgitated from come into my trading room by elder?.Elder did it on 5 mins.

 

The 20 ema thread has better set ups.

 

It has been many years since reading Dr. Elders book, but I don't recall similarities in the two books. If Dr. Elder did address "scalping" it may have been given a few paragraphs, not much more.

 

It may well be that there is "nothing new under the sun", and all books on trading share common threads.