A trend ends with a parabolic spike (climax). But before it reverses, it usually forms a tiny, tight trading range (a flag) the trend.
This book focuses specifically on . While the first book in his series ( Trends ) teaches you how to ride a trend, this book teaches you how to spot the exact moment the trend ends and reverses, allowing for high risk-to-reward trade entries. Al Brooks Trading Price Action Reversals Pdf Files
However, a PDF is static; the market is dynamic. The final step is . As you screen-capture your own charts, paste them into a blank Word document, and convert that to a PDF, you create your own reversal journal. A trend ends with a parabolic spike (climax)
Most traders think a reversal is a "V" shape. Brooks says that is rare (and usually a trap). While the first book in his series (
The Trading Price Action Reversals PDF files offer several benefits to traders, including: