The Secrets of Trading The First Pullback: A Price Action Guide For Understanding Market Pullback That Works

by Alwin Ng

The fact that you are here now, it means that you are looking for a better way to trade the market. Whether you are already trading the market or are planning to do so, it's clear that you are searching for a good book that can help you achieve success easily and make trading better. It's true isn't it? And there's nothing to hide because I have been in your shoes when I started and I totally understand it. While the market is random, you know that repeatable patterns exist in the market, don't you? And because human behaviours - like fear and greed - exist, then you should also believe that price and price patterns represents the very same behaviours in the financial market. Sooner or later, you will also agree that understanding price patterns in the market place will be a great option to help you improve your trading. With that, I would like to invite you to explore the idea of trading price action pullbacks at the start or as you continue your trading journey. "Sometimes the best things are just right in front of you." Believe it or not, you see price pullbacks almost every time you open your price chart because it is inevitable that price is cycling and pulling back and forth all the time. However, many traders do not see it. That just goes to show that humans (including traders) can be so engrossed in their own thing that they often fail to see the obvious that is right in front of them. While this book is primarily about pullbacks, this is also my way of breaking down information from what seems to be bulky blocks into little absorbable chunks and building them back into useful resources. By breaking the process down, you are able to spot the various clues in the market easily. The more clues you find, the more likely that you have a successful trade. At the same time, never forget the bigger picture when trading. Since the big guns are the one with the deepest pocket, it makes sense to keep track of who those market leaders are. By keeping track, I don't mea

120 pages, Paperback

First published April 1, 2014

Reviews

[Rabin Rai · Rating 3 out of 5]

simple and easy to read. Learnt a few things about pullbacks.

[Jordan · Rating 5 out of 5]

Good read

Easy read, took maybe a day or two to finish. Straight to the point and explains all the topics clearly. If you want to trade pullbacks this is a good starting point

[Kevin · Rating 5 out of 5]

Terrific book! The only book I’ve been able find on how to trade pullbacks. Very thorough and understandable.

[Paul · Rating 5 out of 5]

This is a useful guide to identifying pullbacks, and analyzing chart movements. Ng packs a lot in and newcomers may have to reread sections to let the material sink in.

[Alexandre C Correi · Rating 5 out of 5]

Great book

Some helpfull advice to complete our daily tools to vê a consistent trader.
Direct to the point, i am going to again to master the concepts....

[Worakan Vongsopanagul · Rating 4 out of 5]

Not special, but interesting

[Asrof Gulam · Rating 5 out of 5]

Very good book. Simple explanation and clear. Recommended for those wants to start trading

[Srinivas Venugopal · Rating 5 out of 5]

One book on all about pullbacks

Only after reading second time I grasped all that I had missed first time. Never was aware so much needed to be learned about first pullbacks..this is definitely the best on the subject. As the author says you can make trading the first pullbacks as your mainstay of trading itself.

[Ricardo Crawford · Rating 5 out of 5]

This is a must read book

I am a trader for profit. This a must read book. I've learned a lot from this book. If you are looking to become a better profitable trader then read this book. My dad use to say that a fair trade ain't robbery. That saying holds true in regard to this book. Read the book and take your trading to the next level.