Regardless of the indicator, system or method you are using to trade the markets, you are always looking at price and price action. The forex markets do not have direct access to order flow, however, there is always access to i......more
Regardless of the indicator, system or method you are using to trade the markets, you are always looking at price and price action. The forex markets do not have direct access to order flow, however, there is always access to its closest relative - price action. By learning how to read price action, understand the formations and patterns, and identify the key setups, you can learn to successfully trade any market on any time frame. Once you are able to read the direct product of order flow you will be able to see:
- Buying and selling pressure
- Where the institutional market is entering and exiting
- When there is an imbalance in the market
- What direction to trade
- When to get in and out of the market
Trading on price action and tape reading has been a lost art in the age of technology, indicators and black boxes, yet is one of the simplest and most crucial skills and methods to trade the markets successfully. This book will teach you rule-based systems to trade solely with price action. Learn how to get a clear read on the where, the when and direction to trade any instrument on any time frame via proprietary quantitative analysis on key price action formations.
If you have ever had the challenge of finding key intraday entries and exits, then you will want to learn how to wield pivots. There is nothing that price action has a greater reaction to on intraday time frames than pivot points. Using 10 years of proprietary quantitative analysis on pivot points, this book provides critical statistics for understanding, relating to and using pivot points for day trading.
You will learn:
- The percentage chance that a pivot will be broken on a daily basis
- The percentage chance a pivot will be touched after breaking a previous pivot
- How long on average it takes for specific pairs to breach any single pivot
- Key breakout and rejection systems using pivot ...
Chris Capre is the Fund Manager for White Knight Investments. He started trading the equity markets during the dotcom boom, taught himself forex trading and in 2004, received an offer to work for retail broker Forex Capital Markets. In 2006 he started trading for the JNF Hedge Fund, and in 2007, started Second Skies LLC (www.2ndskiesforex.com) which provides education and helps traders learn how to trade successfully.
Chris currently sits on the Advisory Board for the International Business Times and writes weekly articles for them, in addition to writing for FXstreet, ForexFloor, Currency Trader and The Forex Journal. He is also the author of the DVD 'Pivot Points and Swing Trading'. Chris appears regularly on TV for Trading Views. He has taught at various trading conferences, including the Advanced Traders Workshop, The Money Show, The FX Expo and is the keynote speaker for the 2010
International Traders Conference.
Chris holds degrees in Neuroscience and Philosophy from Northern Illinois University where he was a Golden Key National Honor Student. He is also a certified 'Masters Class' yoga instructor and has taught over 3000 classes.
He currently resides in his second home in Buenos Aires, Argentina.