000			03793nam a2200445 a 4500
001			EBC817450
003			MiAaPQ
005			20240120133009.0
006			m o d |
007			cr cn|||||||||
008			110718s2012 njuad s 001 0 eng d
010			_z 2011029298
020			_z9781118066676
020			_a9781118172315 (electronic bk.)
035			_a(MiAaPQ)EBC817450
035			_a(Au-PeEL)EBL817450
035			_a(CaPaEBR)ebr10518746
035			_a(CaONFJC)MIL340135
035			_a(OCoLC)773578653
040			_aMiAaPQ _cMiAaPQ _dMiAaPQ
050		4	_aHG4638 _b.B764 2012
082	0	4	_a332.63/2042 _223
100	1		_aBrooks, Al, _d1952-
245	1	0	_aTrading price action trading ranges _h[electronic resource] : _btechnical analysis of price charts bar by bar for the serious trader / _cAl Brooks.
260			_aHoboken, N.J. : _bJohn Wiley & Sons, _cc2012.
300			_axxvii, 586 p. : _bill.
490	1		_aThe Wiley trading series
500			_a"The first edition of this book titled, Reading price charts bar by bar : the technical analysis of price action for the serious trader, was published in 2009"--T.p. verso.
500			_aIncludes index.
505	0		_apt. 1. Breakouts : transitioning into a new trend -- pt. 2. Magnets : support and resistance -- pt. 3. Pullbacks : trends converting to trading ranges -- pt. 4. Trading ranges -- pt. 5. Orders and trade management.
520			_a"The introduction to this book will be short and related only to this volume. The market is either trending or in a trading range and it is often transitioning from one to the other. When the market is transitioning from a trading range into a trend, it is breaking out. Since trends were just discussed in the first book, this second book begins with how trading ranges turn into trends, which are now familiar to the reader. It explains why breakouts form and why they end, which is always at some kind of support or resistance area. The market gets drawn quickly to these areas and because of this pull, I refer to them as magnets. As the breakout is unfolding, traders can use several mathematical techniques to measure where the trend will likely end and then begin to form a trading range, and these measured moves are discussed in detail. Once the market reaches a magnet, it then pauses and pulls back, and usually then resumes. Pullbacks are reliable setups and the book describes them and how to trade them in detail. If a pullback grows so large that it is uncertain if the trend will resume or reverse, it has become a trading range. Most markets are in trading ranges most of the time and therefore most trades that traders make are within trading ranges. Understanding them and how to trade them is critical to anyone trying to make a living as a trader. Traders need to know how to place orders to get into and out of trades and it is useful to know how to scale into and out of positions. Also, mathematics is the basis for all trading. Every trader asks himself, "Will I make money if I take this trade?" This means that the traders is making a statistical analysis of what he sees based on risk, reward, and probability, and understanding this math makes trading less stressful and more profitable"-- _cProvided by publisher.
533			_aElectronic reproduction. Ann Arbor, MI : ProQuest, 2015. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries.
650		0	_aStocks _xPrices _vCharts, diagrams, etc.
650		0	_aInvestment analysis.
655		4	_aElectronic books.
700	1		_aBrooks, Al, _d1952- _tReading price charts bar by bar.
710	2		_aProQuest (Firm)
830		0	_aWiley trading.
856	4	0	_uhttps://ebookcentral.proquest.com/lib/bacm-ebooks/detail.action?docID=817450 _zClick to View
999			_c71663 _d71663