Forex Price Action Scalping By Bob Volman

Forex price action scalping by bob volman



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Forex price action scalping by bob volman

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Bob Volman - Price Action Scalping

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Bob Volman - Price Action Scalping

I recently picked up the book:

"Forex Price Action Scalping: an in-depth look into the field of professional scalping"

by Bob Volman.

2. Forex Price Action Scalping by Bob Volman




I'm curious - is there anyone out there using his approach with success (or without success)?


Thanks


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Thanks for creating the thread.

I know several people that use his method and are very happy with it.

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I talked to him a few times to try to get him to do a webinar on futures.io (formerly BMT), but was unable to convince him to do so.

He wanted to maintain a low profile. Perhaps one day that will change, and we can educate more people on his methods.

Mike



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Thanks Mike.

That is good info to know, and makes me more inclined to spend time with his approach.

With any method, I am sure, what you eventually get out of it depends a great deal on how much time you put into it.


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Hi,

Please keep us informed and if you think the book is a good buy

A summary would be useful too.

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kingk -

Based on what I've read so far (most of the book at least once, some parts twice), it is a very good trading book.

He trades the EURUSD pair with a 70 tick chart.

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7 unique setups.

I think the key in getting those setups to work is in identifying what Volman calls "unfavorable conditions," and avoiding trades during those times.

My guess is at least 3-6 months of heavy practice is needed to see the possibilities of this method, which is why I was curious if anyone uses the method.

Why waste time if it doesn't work? Big Mike says people are successful with it, so that is encouraging for me.


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I read the introduction of this book seems it is another book which talk about the price action.
I got Al Brooks's trading book series, just want to know any different in between their method?

Since I got Al Brook's books, is it worth to buy Bob Volman's book as well?

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Similar to Al's first book, but simpler.

Much easier to read.

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Volman focuses on 70 tick bars for EURUSD, while Al favors the 5 minute ES. But, to me the setups are the important thing, regardless of timeframe or market.

Al's method seems a lot more complicated, with many more setups, conditions, etc.

Whether the extra complexity is justified, I don't know. Personally, I like simplicity, so overall I favor Volman more.

Forex price action scalping by bob volman



I think if you studied either book, and worked hard to become proficient, you could probably succeed with either approach. A lot of screen time required, I am sure.


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More excerpts from Bob Volman's book "Forex Price Action Scalping: an in-depth look into the field of professional scalping"

http://infofpas.files.wordpress.com/2011/10/excerpts-fpas-hr-3-6-121.pdf

Enjoy,

Rick


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panic early."

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