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.

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Eraser: A Trader’s Essential Privacy and Security Utility

eraser_logo

Summary

A professionally implemented application for secure file removal on Windows. It is fully integrated with Windows and has all the features one would look for from such utility. You cannot beat the value of this software because it is free. Highly recommended for all traders who store sensitive data on their computers.


Product Information

Eraser
Home Page – http://eraser.heidi.ie/

Utility application for secure file deletion

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Flash Boys by Michael Lewis

Summary

The dog barking up the wrong tree is the best way to summarize what this book is about. It is doing a disservice to the investment community by planting wrong concepts and ideas about the impact of the HFTs. The promotion of creating a new exchange more evil than the ones we have is unforgivable.


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Flash Boys
Written by Michael Lewis

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