Price Action Breakdown - Second Edition
This book expands on the concepts introduced in the first edition, offering a deeper dive into price action analysis with an even more analytical and detailed approach. Key concepts like the value area and control price are further developed, with newly refined trading strategies designed to enhance your understanding and execution. In addition, this edition covers advanced price action topics, complete with detailed chart examples, including:
Market structure
Price momentum
Supply and demand patterns
Trading volume
Macroeconomic factors and market fundamentals
What You'll Learn
By the end of this book, you'll have a practical, in-depth understanding of:
The forces driving asset pricesSupply and demand dynamicsAdvanced techniques for support and resistanceIn-depth analysis of value area and control priceInterpreting volume within the value area and its interaction with control priceUsing volume and control price together to increase trade probabilitiesAnalyzing market structure and price momentumInterpreting market structure and momentum within a value areaUsing volume and price momentum to validate control price areasIdentifying and evaluating initiative and responsive movesRecognizing high-probability supply and demand patternsBecoming a versatile, adaptable trader who adjusts to evolving market trendsEnhancing trading decisions with fundamental analysis