Books on Price pattern

[pippip]

Dear all,

I am new to trading in general, and have specifically targeted Forex to begin with. I have been greatly inspired by Trader_Dante from your forum. I would like to base my methodology on price patterns (pin bars with S/R on daily and longer TF to start with!) created by price action.
Although I would be mainly looking at pin bars I would like to learn some other patterns to better manage my position once in the trade.
I am thinking on buying “Pring on Price Patterns: The Definitive Guide to Price Pattern Analysis and Intrepretation”
This post is just to say hi to everyone and ask for recommendations if you have any!


Happy trading:clover:,
pipip

 

[FX Bandit]

Hi Pippip,

There's another thread about this in the Books section.

Personally, I think Pring is the best one out there. If you like that style, have a look at the James16 Chart Thread on Forex Factory as well.

The best trading book is not technical, but it's worth more than all the technical books put together:

Reminiscences of a Stock Operator.

I think that one is totally indispensable.

 

[Dommo]

Hi pippip - respectfully, I suspect that overt expectations of patterns available in the public domain may lead you the way of Philip Pirrip.

 

[timsk]

Hi pippip,
Welcome to T2W.
Please click on the first two links in my signature and read those FAQs - if you haven't done so already. Then, you might like to take a gander at this FAQ:
Which Books should a Beginner Read?
Enjoy!
Tim.

 

[pippip]

Thank you all for the warm welcome and replies. I will keep all of them(Philip Pirrip one as well ) in mind.
I have read through most of James16 thread, but personally I rate Mike higher than James in that forum.
I just wish to master one technique while I look to sort out my risk and MM. It appears that entering a trade is relatively easier compare to exiting at the right time.

Happy Trading,
pippip

 

[FX Bandit]

Thank you all for the warm welcome and replies. I will keep all of them(Philip Pirrip one as well ) in mind.
I have read through most of James16 thread, but personally I rate Mike higher than James in that forum.
I just wish to master one technique while I look to sort out my risk and MM. It appears that entering a trade is relatively easier compare to exiting at the right time.

Happy Trading,
pippip

"It appears that entering a trade is relatively easier compare to exiting at the right time."

Oh, yes indeed.

Mike's a great guy, no doubt about it.

The method you use is really a small part of it, personally I like to keep it really simple. The emotional aspect is a different matter.