Trade The Price Action - Forex Trading System
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Trade the Price ActionForex price action trading system with over 90% winning rateLow Risk-High Reward TradingComponentsprice action trendssupport and resistancefibonacci retracementscandlestick patternsSummaryThe book describes in great detail with chart examples a personal forex price action trading system that has a winning rate of over 90%. It is a complete forex strategy with clear entry,exit and stop loss rules. The risk-reward ratio for all trades done with this strategy is at least 1:3 for every tradeAll a trader has to do is follow the rules of this price action system. This book contains all the information a trader will ever have to learn and master to be successful in the foreign exchange market. You do not need technical indicators,you do not need expensive robots to trade for you,all you need to be a very good trader is a simple chart and the trading system this book describesRead it, learn it, respect its rules and you will have no problem in achieving success in the financial markets. If you require further details feel free to contact me at damirlaurentiu@yahoo.com

File Size: 1904 KB

Print Length: 34 pages

Publication Date: May 20, 2012

Sold by:  Digital Services LLC

Language: English

ASIN: B00850ZPCA

Text-to-Speech: Enabled

X-Ray: Enabled

Word Wise: Enabled

Lending: Not Enabled

Enhanced Typesetting: Enabled

Best Sellers Rank: #121,289 Paid in Kindle Store (See Top 100 Paid in Kindle Store) #39 in Kindle Store > Kindle eBooks > Business & Money > International > Foreign Exchange #67 in Books > Business & Money > International > Foreign Exchange #173 in Kindle Store > Kindle Short Reads > One hour (33-43 pages) > Business & Money

This is one of the best price action strategies that I've seen around here. It's extremely logical as the author does a good job explaining what purpose every component serves, very well structured and comes with many detailed examples therefore it is relatively easy to understand and put in practice.After I read it I had the curiosity to back test it to find out exactly how good it really is. I did that on a couple of pairs over a short time period and out of 14 trades that I could find, only one ended up with a very small loss because of a short price spike. The rest of them were all winners, the majority of them with at least 100-150 pips of profit.Very profitable trading system, it has improved my trading considerably and I strongly recommend it to anyone seeking to learn how to trade with price action and become a profitable trader.

As a professional full-time forex trader I can confidently say in terms of systems this is about as good as it gets. This system will take patience as you will not be trading day in day out and is against what is popular. What is popular in this industry is invariable wrong. The marketers and brokers in this business want you to over trade and have absolutely zero consideration for your profitability so long as you are constantly trading from which they can make money off of you. Ultimately it is not the system that will make you wealthy as most of reading this may probably know. However if you use this system with patience, discipline and say a money management system of 2:1 leverage or 2% of your available margin only on a 100:1 margin account you can make consistent profits without the emotional roller coasters that we experience with high leverage.Trading is really simple and this system shows it how it is. As human beings we get carried away with over-complicating stuff even if what simple works. That is the issue. If you are looking for a relaxed profitable system this is one that will provide and then you can get on with developing yourself to trade it the way in which it is designed at which point you will create your own luck.

This is one of the best investment I've made and Laurentiu is a GREAT GREAT guy!OK let's talk a little bit about the system:- It is simple- The book is very well written (there are some spelling mistake, but its not a big deal)- ONE indicator is used (EMA200) and thats all!- Usually risk around 50-100 pips for a total amount of 250-600 pips. (GREAT R:RR!)As for the reliability of the system, well I am still backtesting it... So far from my backtest result of 2 years now its giving me an accuracy of 80%But hey, for $8 I think its definitely a STEAL!And if you have any question, Laurentiu is always in his FB ready to answer your question!He is a good friend to have and a GREAT teacher that is willing to share without hesitating.Regards,Kenny

I've found 2 profitable trades in 1 day.I've also found it to work much easier when using it in conjunction with the zig zag indicator on the smaller chart highly recommend this book for people struggling

Trade The Price Action is a decent compilation of Price Action information that would be useful to the new trader. I've been trading Price Action for about a year now and spend a certain amount of time reading about the techniques of other traders to hone my own skills.I think the information presented in this work is done pretty well. However, English is the author's second language. That makes some passages in the document a bit difficult to follow and understand even with a decent understanding of Price Action. I think the author would have been well served to have a native English speaker proof-read his work before submitting.Be aware this is not a full-length book (which is noted in 's info). But it also doesn't have to be with the nature of presentation and examples given.

Excellent book. Finally the era of long and useless book is over. In this book you have everything you need. Where to enter position, where to set stop loss and where to exit. And what time frame to use.I have tried to learn Forex from books in the past, but every time failed. Because of this author I started to trade on demo account in just one week. And I knew nothing about Forex before.Thank you Larentiu.

Why do what 90% are doing? They are losing. With this system you are doing what the other 10% do. You will be winning. Price action is what it is all about. The book is well written and the system is simple to understand and execute. Follow it to the letter including the bit about patience and your trading account will grow.

I am a profitable futures price action trader looking for ways to increase the areas I trade in. This little book is clear and concise and can be read in an hour or so. I think it does a good job and I recommend it. You won't learn about how pips and the intricacies of currencies work but it does lay out a clear methodology.

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