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One Hour Trading, by Zach Raymond
PDF Download One Hour Trading, by Zach Raymond
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Price Action Strategy is the simplest strategy to follow in forex trading. Reading this book, gives you the opportunity to learn the simplest, yet best strategy to make profit via forex trading. You are going to learn the most strong signal price action setups and how to trade them to be a profitable trader through time. Recognize the price action setups immediately and set your orders. Before reading this book you have to know the very basics about forex market. "Observing price action is the simplest way to trade."
- Sales Rank: #4356925 in Books
- Published on: 2015-09-07
- Original language: English
- Number of items: 1
- Dimensions: 8.50" h x .9" w x 5.50" l, .12 pounds
- Binding: Paperback
- 36 pages
Most helpful customer reviews
1 of 1 people found the following review helpful.
‘Observing price action is the simplest way to trade.’
By Grady Harp
Zach Raymond may not leave biographical data to support his background, but just read his books – ONE HOUR TRADING, INVESTING FOR BEGINNERS, SALES, STOCK TRADING – and he grabs our attention despite the brevity of his books.
In this brief but concise book ONE HOUR TRADING Zach discusses Forex trading, and for those unfamiliar with the term, it stands for ‘trading foreign exchange, and he mentions right away the key to understanding and benefitting form this book is to understand ‘price action’ – ‘the most powerful, and also the easiest way to trade the market successfully. It is a style of technical analysis however it uses candles on a chart which represents data. This data shows what the market has been doing for a specific time range. For example if it is a weekly candle then it shows what the market did for that week. All economic data and worldwide news that effect price in any way will be reflected on the price chart so it eliminates almost any use of following the news. Whilst economic data and other global news events are the catalysts for price movement in a market, we don’t need to analyze them to trade the market successfully. The reason is pretty simple, all economic data and world news that causes price movement within a market is reflected via Price Action on a price chart. The main reason that separates price action trading from all other trading strategies is that it uses “clean” charts also known as “naked” charts. There are no indicators or anything confusing on your chart, the only thing that is there is raw price displayed as candles. This makes trading simpler and easier.’
Zach then breaks his digest of one hour trading into the following categories/chapters: Basic Definitions (a fine reference guide), The Pin Bar Setup, The Engulfing Bar Setup, The Inside Bar Setup, The Inside Bar False Breakout Setup, and The Sandwich Setup. He makes the process of one hour trading seem so straightforward and intelligent that it is difficult to dismiss his words. He has a fine presentation and for those looking for an edgy way to increase income, try reading this book first. Grady Harp, November 15
1 of 1 people found the following review helpful.
Great strategy!
By Algee Kurt
New things to be learned! And strategies that I know effective. This would really help many Forex trading businesses. I love it! Highly recommended.
1 of 1 people found the following review helpful.
no screenshots
By anagnam
its all pure text. no screenshots on where and how the patterns are shown.
not a best buy and not recommended!
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