Trading Price Action Reversals by Al Brooks is a complete guide for Sri Lankan traders and investors who want to learn how to use price action analysis to comprehend market reversals. This book gives great tips on how to spot good trading setups without using complicated indicators. This is especially useful in a country where more and more people are becoming financially literate and looking into trading opportunities throughout the world. Brooks carefully explains candlestick patterns, trend reversals, and support and resistance ideas using examples from major financial markets that local investors may relate to as they navigate both the Colombo Stock Exchange and worldwide markets.
This book is the second in Brooks' popular Trading Price Action series for Sri Lankan readers who want to improve their trading skills. It focuses on reversal patterns that may be used in any market and at any time. The author's in-depth look at how institutional traders affect market movements gives local traders an edge because they often have trouble timing the market when conditions are unpredictable. This book's practical tips assist connect Western trading literature with how things work in new markets like Sri Lanka.
As more and more Sri Lankan financial professionals and amateur investors become interested in technical analysis, Brooks' step-by-step guide on how to spot dependable reversal signals helps readers acquire trading discipline that goes beyond traditional trading patterns. His focus on making decisions based on probability rather than promised rewards fits perfectly with the Sri Lankan culture's concept of being careful with money. This makes it an important resource for serious traders who want to improve their market analysis skills.
Quote
"The market is always right, and your job is to determine what the market is telling you, not what you want it to tell you."
Reviews
Brooks' detailed study of reversal patterns changed the way I entered and exited trades as a trader in emerging markets. His straightforward method cuts through trading fallacies and gives you strategies you can use right away, based on years of watching the market. Important reading for professional traders.
About the Author
Al Brooks is a well-known trader who gave up his successful job as an ophthalmologist to trade full-time. Brooks has been trading for decades and has created his pure price action strategy by looking at thousands of charts. He mostly trades the E-mini S&P futures market and shares what he knows through books, seminars, and his trading room.
Product Details
Author: Al Brooks
Publisher: Wiley Trading
Language: English
Binding: Hardcover
Pages: 552
