Understanding Price Action: Practical Analysis of the 5-Minute Time Frame by Bob Volman

Summary

The book addresses Forex exclusively. While he claims that the methods “are applicable to all markets,” I disagree. Markets have some general similarities, but they also have prominent differences. I think his methods would work on the S&P, but they almost certainly work better on Forex which I don’t trade. I nevertheless recommend this book for a serious trader’s library, although not as heartily as I had originally thought.


Book Information

Understanding Price Action: Practical Analysis of the 5-Minute Time Frame
Written by Bob Volman
Light Tower Publishing, 2014.

Rating

Useful
Original
Readable
Average

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