Reading Price Charts Bar by Bar: The Technical Analysis of Price Action for the Serious Trader

Cover
Title Page
Copyright Page
Contents
Preface
Chapter 1: Price Action
	TREND BARS AND DOJI BARS
	BAR BASICS: SIGNAL BARS, ENTRY BARS, SETUPS, AND CANDLE PATTERNS
	SIGNAL BARS: REVERSAL BARS
	SIGNAL BARS: OTHER TYPES
	OUTSIDE BARS
	THE IMPORTANCE OF THE CLOSE OF THE BAR
	EXCHANGE TRADED FUNDS (ETFs) AND INVERSE CHARTS
	SECOND ENTRIES
	LATE AND MISSED ENTRIES
Chapter 2: Trendlines and Trend Channels
	TRENDLINES
	MICRO TRENDLINES: SMALL, STEEP TRENDLINES IN STRONG TRENDS
	HORIZONTAL LINES: SWING POINTS AND OTHER KEY PRICE LEVELS
	TREND CHANNEL LINES
	DUELING LINES: INTERSECTING TRENDLINE AND TREND CHANNEL LINE
Chapter 3: Trends
	TWO LEGS
	SIGNS OF STRENGTH
	COMMON TREND PATTERNS
	TREND FROM THE OPEN
	REVERSAL DAY
	TREND RESUMPTION DAY
	TRENDING TRADING RANGE DAYS
	TIGHT CHANNELS AND SPIKE AND CHANNEL BULL OR BEAR
	STAIRS: BROAD CHANNEL TREND
Chapter 4: Pullbacks
	FIRST PULLBACK SEQUENCE: BAR, MINOR TRENDLINE, EMA, EMA GAP, MAJOR TRENDLINE
	DOUBLE TOP BEAR FLAGS AND DOUBLE BOTTOM BULL FLAGS
	EMA AND GAP EMA PULLBACKS
	2HM: IF AWAY FROM EMA FOR TWO OR MORE HOURS, THEN FADE EMA AND FIRST EMA GAP BAR
	TREND DAY 11:30 STOP RUN PULLBACK TO TRAP YOU OUT
	COUNTING THE LEGS OF A TREND
	HIGH/LOW 1, 2, 3, AND 4
	VARIATIONS OF HIGH/LOW 2 SETUPS
	THREE PUSH PULLBACKS
Chapter 5: Trading Ranges
	TIGHT TRADING RANGES
	BARB WIRE
	MIDDLE OF THE DAY, MIDDLE OF THE RANGE
	BIG UP, BIG DOWN
	TRADING RANGES SETTING UP TREND REVERSALS
Chapter 6: Breakouts
	BREAKOUT ENTRIES IN STRONG TREND
	BREAKOUT PULLBACKS ANDS BREAKOUT TESTS
Chapter 7: Magnets
	MEASURED MOVES BASED ON THE FIRST PULLBACK (AB = CD)
	MEASURED MOVES ON BREAKOUTS BASED ON THIN AREAS AND ON FLAGS
	REVERSALS OFTEN END AT SIGNAL BARS FROM PRIOR FAILED REVERSALS
	OTHER PRICE MAGNETS
Chapter 8: Trend Reversals
	TRENDLINE BREAK
	TREND CHANNEL LINE FAILED BREAKOUTS: CLIMAXES, PARABOLAS, AND V TOPS AND BOTTOMS
	SIGNS OF STRENGTH IN THE FIRST LEG OF A REVERSAL
	TRENDS REVERSE WITH A TEST: EITHER AN UNDERSHOOT OR AN OVERSHOOT
	DOUBLE TOP AND BOTTOM PULLBACKS
	CLIMAX: SPIKE AND TRADING RANGE REVERSALS
	CLIMAX: THREE PUSHES AND WEDGES (TREND CHANNEL LINE OVERSHOOTS AND REVERSALS)
	EXPANDING TRIANGLES
Chapter 9: Minor Reversals: Failures
	FAILED SIGNAL AND ENTRY BARS AND ONE-TICK FAILED BREAKOUTS
	FAILED HIGH/LOW 2
	FAILED HIGHER HIGH AND LOWER LOW BREAKOUTS
	FAILED TRENDLINES AND TREND CHANNEL LINES
	FAILED REVERSALS
	FAILED FINAL FLAGS: TIGHT TRADING RANGE
	FAILED FINAL FLAGS: HUGE TREND BAR
	FAILED WEDGES
	FAILED SCALPS: FIVE-TICK FAILED BREAKOUTS AND FAILURE TO REACH A SCALPER’S PROFIT TARGET
Chapter 10: Day Trading
	SELECTING A MARKET
	TIME FRAMES AND CHART TYPES
	GLOBEX, PRE-MARKET, POST-MARKET, AND OVERNIGHT MARKET
	SCALPING, SWINGING, TRADING, AND INVESTING
	ALWAYS IN THE MARKET
	HAVE AT LEAST TWO REASONS TO ENTER A TRADE
	ENTERING ON STOPS
	PROTECTIVE STOPS AND GETTING TRAPPED IN OR OUT OF A TRADE
Chapter 11: The First Hour
	PATTERNS RELATED TO THE PREMARKET
	PATTERNS RELATED TO YESTERDAY
	TREND BAR ON GAP OPEN: FIRST OR SECOND BAR
	GAP OPENINGS: REVERSALS AND CONTINUATIONS
	TREND FROM THE OPEN OR TREND FROM THE FIRST BAR
	THIRD BAR OF THE DAY AND THE 15-MINUTE CLOSE
	STRONG TREND BARS IN THE FIRST HOUR OFTEN PREDICT STRENGTH LATER IN THE DAY IN THE SAME DIRECTION
	OPENING PATTERNS AND REVERSALS
	DOUBLE BOTTOM AND DOUBLE TOP FLAGS
	TRADING RANGE BREAKOUTS
	FIRST PULLBACK
Chapter 12: Detailed Day Trading Examples
Chapter 13: Daily, Weekly, and Monthly Charts
	HUGE VOLUME REVERSALS
Chapter 14: Options
Chapter 15: Best Trades
	MAJOR REVERSALS
	MINOR REVERSAL SCALPS DURING TRADING RANGE DAYS
	PULLBACKS IN A STRONG TREND
	INTRADAY STOCKS
Trading Guidelines
Glossary
About the Author
Index
Eula