- Paperback: 358 pages
- Publisher: Light Tower Publishing (11 Oct. 2011)
- Language: English
- ISBN-10: 9090264116
- ISBN-13: 978-9090264110
- Product Dimensions: 17 x 2.1 x 24.4 cm
- Average Customer Review: 4.2 out of 5 stars See all reviews (20 customer reviews)
- Amazon Bestsellers Rank: 33,863 in Books (See Top 100 in Books)
Forex Price Action Scalping: an in-depth look into the field of professional scalping Paperback – 11 Oct 2011
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About the Author
Bob Volman (1961) is an independent trader working solely for his own account. A price action scalper for many years, he was asked to bundle all his knowledge and craftsmanship into an all-inclusive guide on intraday tactics. Forex Price Action Scalping is the long-awaited result. PUBLISHER'S NOTE: On youtube several obscure videos, posted by commercial vendors, falsely claim affiliation with the book and the author. We sharply condemn these practices. For those who want to know more about the book, free excerpts (pdf) are available for download at: www.infoFPAS.wordpress.com
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Top Customer Reviews
A professional trader would look more for support and resistance , and filter out randomness and set ups in fx random transactions which appear to be valid set ups according to the range break set ups. the book is short on these aspects and barely covers support and resistance .and there is no confidence to put on live trades , based on the ranging breakouts.The book in my opinion , falls short to deliver a high probability scalping method in a few words.Breaks of 1 pip in random transactions or volatility increases and noise only exist in real markets , but not in text books.
The author makes a lot of claims , but does not verify any of them with any statistics or study results.There is no probability data on the success/failure rate of each of his set ups , there are no historical results of actual live performance of his set ups.Read more ›
There is an excellent forum out there that deals mainly with Bob Volman's scalping method, where you'll get more examples from Volman's dropbox, where you'll find out which broker, platform and data source to use when starting out and all the little snags along the way, where you'll see someone posting trades and live in trade chat all for free. There are a few other blogs out there as well, so you are not alone. (Can't advertise these sites here.)
Bob's just written a new book also, regarding the 5 min chart as opposed to the 70-tick in this book. The 70 tick was initially the snag for me, but with the help of the forum I mentioned above there is an inexpensive way to get it.
This is a stand out book, If you get bored towards the end, like one reviewer wrote, then your in the wrong business. There is repetition, but with good reason. We are what we repeatedly do. (Aristotle)
If you really want to increase your understanding and cultivate the ability to trade bar by bar, get this book.
The writer comes over as well educated & knowledgeable but he needs to be introduced to the concept of bullet points and/or summaries of the steps he is suggesting.
Although you can tell he has written the whole book, each chapter seems to be written in slightly different ways. He has a conversational style but I don't think it is really suited to this type of book. Making notes is very hard going. I decided to highlight parts in the book (something that goes against the grain), then make notes from those highlighted parts.
He gives lots of examples showing his methods in action & goes into detail about all of the little nuances. However, a summary version for those that have read it would be a welcome addition
Most Recent Customer Reviews
Dont waste your money and time. Bad book. The author does not explain clearly the techniques and even with only a few graphs and many words.Published 2 days ago by JAVIER PINEDA PEDRINACI
This is very good. I highly recommend this book. It works on the Tick Charts on a fast chart. But if you look at his second book you will see that it actually works, to some... Read morePublished 4 days ago by BinaryStylus
I havent finished reading the book yet,but it is a great addition to my trading library and definitely added to my understanding of scalping in particular and trading in general. Read morePublished 8 months ago by Corkers
This is the most detailed price action analysis that I've ever read. Easy to understand and brilliantly written. Read morePublished 22 months ago by mark shires
Not a work of literature but this is one of the few trading books that genuinely helps the reader to read price action, so I suppose I have to give it 5 stars. Read morePublished on 26 Sept. 2014 by David Attfield
I really enjoyed this book, there was some really nice info on tick charts I had never read before.
If you are interested in learning to scalp 1 or 2 pips on a regular... Read more
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