Price Action Break Down
Updated: Apr 18, 2019
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Price Action Breakdown is a book on "pure price action analysis of financial markets". The book focuses on using key supply and demand levels to trade pure price action and will familiarise the reader with concepts such as: value of price, control price, excess price and moving supply and demand levels.
This book really pushes the fact that all you need to understand is price action to be successful in Fx Trading - there is little need for indicators or unnecessarily complex Forex Trading Strategies.
One of the many great parts about the book is how Laurentiu Damir shows you a method to see how the major market players are positioned and then trade with them - what a fantastic Forex Trading Strategy! With a 4.4 star rating from 245 customer reviews, we can see that customers love the fact that, uniquely, this book aligns a Forex Trading strategy to purely simple "Value Areas".
A criticism of the book is that the language can sometimes be incorrect, making some parts confusing unless you read them several times. However, the author is clear from the start that English is not his native language and does exceedingly well to get across a complex subject in simple and easy to understand terms - therefore, we did not feel that this in any way detracted from the value that Price Action Breakdown has to offer.
It is great to read a book written by a full time trader and, although throughout he uses daily time charts, the Forex Trading Strategies that he teaches can be used to equally profitable effect on higher time frames.
If you haven't got this book yet and are wanting to get into Fx Trading - buy this book before you do anything else, you won't regret it!