Price Action Breakdown: Exclusive Price Action Trading Approach to Financial Markets

For me Laurentiu Damir's " Price Action Breakdown: Exclusive Price Action Trading Approach to Financial Markets" was the missing link in my trading education. It was the piece of the puzzle that has eluded me throughout the first five years of my trading career. For those who aspire to Professional Trader status, this short and easy to understand book exposes you to the concept of "Market Structure," a simple and powerful concept that has dramatically changed the way I look at Price Action. Why is it that none of the top trading books I've read never mention this concept? Think of it this way. If you were a professional baker and none of your measuring instruments were labeled, do you think you'd be creating anything edible? Sure you could "eye ball" the amount of each ingredient but it would be pure luck if you turned out anything worth eating. Laurentiu's book provides you with the precision measuring instruments you need to understand Price Action. After reading this book you will understand how to judge the value of a stock, index or forex pair using Market Structure. This book gives you the tools necessary to spot the supply and demand areas so you can determine whether the Bulls or the Bears are controlling price which will make a HUGE difference when it comes to making informed trading decisions. THE CONCEPTS IN THIS BOOK ARE THE FOUNDATION FOR TRADING SUCCESS. Yes I am shouting this. This is really important stuff. As a side note, yes, some of the writing is not perfect english and requires you to reread a handful of sentences a few times. Laurentiu openly admits his first language is not english. Just be thankful that he took the time to learn enough english so he could express these VERY important concepts that will DEFINATELY make you a better trader. My hats off to you Laurentiu.

I have been paper trading; trying to develop a trading strategy and reading a lot of books about trading. I found this book to be very helpful. The author describes price movement in a way that is clear and easy to understand. Most importantly, when I look at charts, it easy to see the principles he is describing. The author seems to day trade(hourly timeframe or less) and I prefer to trade on the daily timeframe. But I can still see the price movement that he describes when I look at weekly and daily charts. He shows how to read price movement without a bunch of technical indicators, which has been very helpful for me. At several points in the book, he tells the reader to go and look at charts to see the principles he has described in action. Another reviewer had a problem with this but it really helped me. If you don't want to look at a bunch of charts you probably shouldn't be trading stocks. The author openly admits that English isn't his first language but that wasn't a problem for me. The points all came across. I am probably going to read this book at least one more time. Another thing that I've noticed is that the author seems to actually tradefor a living as opposed to other authors who seem to write books about trading for a living. This book doesn't go on and on about how smart the author is and blah blah blah. The author describes the way he see price movement in a very clear way, and this description is what the book is.

Worth the read, has valid concepts and great visual examples in the book.

I'm in the communications industry by trade. I'm not wall street or financial type. But I heard about the earning potential of Forex about a year ago and I've been trying to learn how to trade it since that time. I've read 7 or 8 books attended 2 classes, tried all types of indicators, oscillators and watched at least 100 Youtube videos. The good news is I had stopped bleeding money like I was in the beginning but was not really breaking out and consistently making a profit. Most months I'd break even or a little better. I ordered this book two weeks ago it and started applying what I was learning and everything changed. This is by far the best book I've read on the subject. My profits from the first week matched the best month I ever had.... The book was short and easy to understand. One of my favorite features was after the author taught a concept he would instruct you to pause, turn on your computer and practice what you just learned on a real chart. After he introduce you to all of the important concepts he then shows you how to put it all together and formulate a strategy for entry and exit. After you complete the book you will understand how to identify a good trading setup based on price action. What is a solid entry signal and when to exit.... This book is great for anyone who would like to understand what price action is and how to use it in trading... Lastly I dont usually write reviews good or bad. But I was so impressed and excited by what I've learned from this book I just wanted to do my part to let the next person like me that is starting from scratch trying to learn how to trade know this book is the real deal and will improve you trading.

Excellent introduction to a price action trading system. Very happy to have discovered these books. Straightforward explanation without too much "fluff". Easy to apply directly into real trading. Will buy all of them.

This book gave me a lot of clarity and insight on how prices move in markets and gave me a better understanding on trading overall. Would recommend for any beginner or anyone looking for a new system. It's very concise and to the point.

J'ai découvert cet auteur avec grand plaisir. Je tradais beaucoup avec les indicateurs mais depuis que je pratique le Price Action depuis la découverte de ce livre, j'ai fait un bond en avant. J'approche des 80% de trades gagnants. Bien sûr j'ai acquis d'autres connaissances par ailleurs comme une stratégie optimisée au fil du temps, la maîtrise des patterns des bougies, le choix et la connaissance des actifs tradés, le respect des trends, l'utilisation des indicateurs comme confirmation.... et surtout l'exploitation des supports/résistances. Mais l'apport de ce livre concernant le Price Action a fait toute la différence. C'est ma première commentaire sur Amazon.

After getting into trading, the typical retail type of technical analysis quickly became a nuisance for me. I wanted to know why the markets move the way they do and not be subject to just some ultimately arbitrary patterns or lines on the charts hoping that they stick. I also didn't want to be at the lagging whim of indicators. So, I dived into Price Action theory. Laurentiu Damir's book provided me with new ideas, while also putting a lot of concepts I was aware of into solid context providing a full understanding of how price action moves on the charts. For anyone looking to really understand the fundamentals of why and how price moves on the charts, this is a must-read. After applying these concepts to my own trading as a scalper, the reward has been exponential. I think that is more than enough said!

Don’t be put off by the size of the book. The amount of information packed within the pages are very informative. Started off picking small scraps from whatever source I could find on Price Action trading and came across this book as a recommended read. I’ve learnt so much from the author and I would highly recommend anybody interested in this topic to pick up the book. The content covered inside the book are suitable for anyone irregardless of your level of experience.