{"product_id":"trading-price-action-trends","title":"Trading Price Action Trends: Technical Analysis of Price Charts Bar by Bar for the Serious Trader by Al Brooks","description":"\u003ch2\u003eTrading Price Action Trends: Technical Analysis of Price Charts Bar by Bar for the Serious Trader by Al Brooks\u003c\/h2\u003e\n\u003cp\u003e\u003cb data-path-to-node=\"0\" data-index-in-node=\"0\"\u003e\"Trading Price Action Trends\"\u003c\/b\u003e—published in \u003cb data-path-to-node=\"0\" data-index-in-node=\"43\"\u003e2012\u003c\/b\u003e by Wiley—is the comprehensive first volume of a legendary trilogy written by professional day trader and former ophthalmologist \u003cb data-path-to-node=\"0\" data-index-in-node=\"176\"\u003eDr. Al Brooks\u003c\/b\u003e.\u003c\/p\u003e\n\u003cdiv class=\"attachment-container search-images\"\u003e\n\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\u003c!----\u003e\n\u003cp data-path-to-node=\"2\"\u003eOften described as the \"encyclopedia of price action,\" Al Brooks’ work strips away all indicators, algorithms, and delayed oscillators. He views a price chart through its purest form: \u003cb data-path-to-node=\"2\" data-index-in-node=\"184\"\u003enaked candlesticks\u003c\/b\u003e. Brooks' core thesis is that every single tick on a chart represents an ongoing, institutional battle between bulls and bears. By reading the market bar-by-bar, traders can decode institutional buying or selling pressure in real time, map structural trends, and identify high-probability trade setups with laser precision.\u003c\/p\u003e\n\u003cp data-path-to-node=\"5\"\u003eBrooks completely rejects the idea that a retail trader needs complex mathematical mathematical equations to trade. Instead, he treats every individual candlestick as a complete, self-contained story containing crucial auction data: the open, high, low, and close.\u003c\/p\u003e\n\u003cp data-path-to-node=\"6\"\u003eThe market spends its entire existence rotating through two distinct phases: \u003cb data-path-to-node=\"6\" data-index-in-node=\"77\"\u003eTrends\u003c\/b\u003e (imbalanced markets breaking out or channeling) and \u003cb data-path-to-node=\"6\" data-index-in-node=\"136\"\u003eTrading Ranges\u003c\/b\u003e (balanced markets consolidating). The greatest mistake retail traders make is misidentifying the current market phase—such as trying to short the top of a candle during a strong breakout spike, which Brooks calls a \"financial suicide mission.\"\u003c\/p\u003e\n\u003ch2 data-path-to-node=\"30\"\u003e\u003cb data-path-to-node=\"30\" data-index-in-node=\"0\"\u003eBrooks’ Practical Rules for Live Chart Execution\u003c\/b\u003e\u003c\/h2\u003e\n\u003cul data-path-to-node=\"31\"\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"31,0,0\"\u003e\u003cb data-path-to-node=\"31,0,0\" data-index-in-node=\"0\"\u003eThe 20-Period EMA Is Home Base:\u003c\/b\u003e Brooks utilizes a 20-period Exponential Moving Average (EMA) as his sole graphical guide. In a strong trend, the price will repeatedly pull back to the 20-EMA and bounce. If the price travels too far away from the EMA without touching it, it is \"overextended,\" and traders should stop chasing entries until it reverts to its mean.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"31,1,0\"\u003e\u003cb data-path-to-node=\"31,1,0\" data-index-in-node=\"0\"\u003eAlways Wait for the Bar to Close:\u003c\/b\u003e A candle can look like a massive, bullish breakout bar with 5 seconds left on the timer, only to instantly collapse into a horrific shooting star by the time it closes. Brooks mandates that price action traders must wait for the actual close of the current bar before placing an entry order, ensuring the structural signal is valid.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli\u003e\n\u003cp data-path-to-node=\"31,2,0\"\u003e\u003cb data-path-to-node=\"31,2,0\" data-index-in-node=\"0\"\u003eAccept the Density of the Material:\u003c\/b\u003e Brooks’ writing style is notoriously dense, granular, and textbook-like. He details hundreds of niche price variations across every single chapter. To successfully absorb his system, a trader must study his concepts slowly, charting along with his bar-by-bar examples on their own historical data platforms.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003e\u003cspan\u003e\u003cstrong\u003eLanguage: English.\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e\u003cstrong\u003eGenre: Economics.\u003cspan class=\"BookPageMetadataSection__genreButton\"\u003e\u003c\/span\u003e\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e\u003cstrong\u003eBinding: সেলাই করা বাইন্ডিং\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e\u003cstrong\u003eQuality: Premium Quality Books.\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e\u003cstrong\u003ePrinting: High Quality Printing.\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e\u003cstrong\u003ePaper: Eye Friendly paper (Cream White)\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e\u003cstrong\u003eCover: Matt cover (Paperback).\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Royal Books BD","offers":[{"title":"Default Title","offer_id":47282680168633,"sku":null,"price":350.0,"currency_code":"BDT","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0780\/0874\/6169\/files\/Trading_Price_Action_Trends.jpg?v=1779601935","url":"https:\/\/royalbooksbd.com\/products\/trading-price-action-trends","provider":"Royal Books BD","version":"1.0","type":"link"}