Trade the Price Action - Forex Trading System (Technical analysis Book 7)

Solid book which provides basic price action concepts with some advice gems based on author's experience. Like many other trading books a few of the illustrations/examples are difficult to follow. One needs to probably reread those parts to get the full idea. Good book, regardless.,

Overall, this book was short and to the point on. It emphasized on how to make money by using the trend line/ market price chart. There were some good information in this book but those were nothing new to me. If you take some time to analyze the trend over time, you will come up with the same conclusion. It took me the first 2 weeks of trading to figure out on my practice account. But if you are not the analytical type of person and would like to learn from those who's been there, you can try this out (if you don't mind paying $7).There were many misspelled, typos, and repetitive words, and run-on sentences (a lot!) throughout the book. The author could have hired an English major college kid to edit it before publishing it. I got a bit upset after reading a bunch of sentences with no commas. This is like he just wrote the first draft of this book and print it without rereading what he wrote. The graphical examples could be a lot better.Contents:The good - To the point. Have screen shots to show examples.The bad - Hard to see graphs, especially the ones where he wanted to explain the types of candles and when/where to enter the trade. If you want to show how much you could take profit or risk, show us your entry price, your set limit and stop loss.For example, take a look at a comment like "as you can see we have a 75 pip risk and and a 265 pips reward." First of all, there is already a mistake - typo of 2 words "and". But the real problems are there were no price point anywhere on the graph, and we have no idea where he set his limits at. His chart just showed where he entered, and a circle where he would take profit.The ugly - candlestick naming convention! If you have a name for a certain look of a cluster of candlesticks, explain why you name it such a way and have a picture of it. Explain why this is significant and what happens in the market (buying/selling) when it created something like that. It is really hard to see the cluster of the candlesticks on the graph (dark background with small candlesticks enclosed by a box to highlight). I would suggest to have a "blow up" of the enclosed box or a drawing of what you want to show.Bottom line, make sure you are the person who can tolerate poorly written English. Other than that, it might be a good buy since I'm sure you will make your money back and more. The strategy worked for me (before I read this book).

Hi Sir Damir,I am new to forex trading and have been learning the past 2 months - reading books, looking at charts, listening to trading podcasts (I hope Chat with Traders would interview you someday) and youtube, doing the demo accounts, etc. Though I could say that have learned so much in the past couple of months, I could say I've learned so much more the past few days reading your books.I stumbled on your "50 Pips a Day" strategy kindle book and found it to be very logical. So I bought your books one by one and read it, until I ended up buying and reading all of it in a span of 3 days. Each time I read a book, I discover something new and not just a concept  but the whole strategy itself.I've heard one trader from a podcast who once said "there is always something happening in the market", and in deed it is true. But the thing is most do not know how to take advantage of what is happening. With all those strategies at my disposal, I think I could trade at all types of market (trending or ranging) and at high and low time frames and approach it at different angles.I'm currently in the process of back testing the strategies this week.Thank you!!!! Happy New Year!!!!

I really wanted to love this book. The strategy appears sound. HOWEVER, when I came to the final conclusion, I found the author only showed examples of his entry points in images that were absolutely and totally illegible on my kindle!! It was the most frustrating thing in the world. So I'm left wondering where is he really entering and where are the stop loss levels? He never describes this in words. I tried everything. Magnifying the images, the works. This may be the best thing since baked bread, but what I have via my kindle is worthless. I even tried to buy a paperback version of the book to hopefully gain some value for what I paid for this (at additional price). No luck there. Absolutely frickin' worthless. I can tolerate illegible figures showing the candlestick patterns. I know what those represent. I can work to understand the grammar. But when the final illustration showing precisely how he's using this is totally illegible, and there's nothing in english explaining what he's done, it makes the whole thing absolutely worthless.Addendum: Received the following email from the author in response to a pointer to this review:>From: Laurentiu Damir [mailto:[email protected]]Sent: Sunday, March 01, 2015 3:16 AMTo: XXXXSubject: Re: Trade the Price Action - Forex Trading System (kindle edition)there is a pdf versionyou should have asked before writingreview<Two observations:1) Is it my duty to make certain the "book" is legible as written or the author's?2) The author didn't include said pdf with the email. So, legible figures that make the entire point of the book are being held hostage here?! As things stand I have an illegible copy of a potentially useful trading method and am out what I paid with no avenue for redress. That is the very definition of a SCAM.As it stands, this review is completely valid as caustic and harsh as it may seem. For his/her behavior since, announcing he had a PDF with legible figures then holding them hostage because I published a valid and caustic review, I'd lower my review to ZERO stars if I could. I have followed this review up with a complaint to amazon about their role in enabling this.

I will not lie,this book helped me with a big aha moment!. Analysis of swing trading was good and in detail.

Lauren sets out a very strong Forex trading strategy in this book and explains every stage of it, this in itself makes this a book well worth reading. But the very important thing is that the strategy is then put into action by following an equally clear, concise system., with many practical examples, these make it clear where to enter the market, how to protect your capital and how to take profit. Follow this system to the letter and expect good results. I am looking forward to reading other books from this trader/author.

Laurent has written a clear, well illustrated book, explaining a system for forex trading based price action and the 200 EMA. The system is logical and based on the 4h charts which suits me well because I do not want to spend all day looking at charts.

By no means a concrete strategy. It'll give you an intro into forex trading but the content on fibonacci was just poor. No mention of wave theory, momentum indicators (he does touch on ME slightly). But not enough. No risk management. By no means a trading system even for a novice like myself

A well explained & easily understood strategy. Simple but very very effective. Only had this for a few days but have used it on a number of trades already which have produced some excellent results. Because of its simplicity i was able to add it into my own Daily Charts strategy & it has made that strategy even better. Overall very pleased with this book. An excellent buy from my point of view

It’s simple enough and probably good for beginners but you can get all this for free online. Kudos to the author for putting something together. The hard part of trading is sticking to a simple strategy that doesn’t generate millions in month especially during losing periods. This strategy will make some money IF you stick to it