Price Action Forex Presents
Book 1: Trends and Trendlines
I’m not even going to waste your time with useless pablum nor insult your intelligence with stupid promises of “super secret zen systems” that will make you millions of dollars. Ask yourself, if there was an e-book that contained the Holy Grail to Forex Trading, would they really sell it to you for $69?? It makes no sense, and really are just scams.
If you are going to spend money, spend it on EDUCATION, not empty promises.
Start by asking this one simple question: Can you define a trend? So many out there are selling books, e-books, snake-oils, lotions and potions, yet they cannot answer the most fundamental of trading question: What is a trend and how do you draw a correct trendline? You should not trade until you answer these two questions!
I will teach you how to define a trend
I will give you mathematical proof why my definition is correct.
I will teach you a set of rules so that you can draw a correct trendline everytime, regardless of the underlining.
You will trade with more confidence because you will be able to define the trend every time.
Before we move forward, I want you all to understand something. My goal is not to get the most customers, my goal is to disseminate VALUABLE INFORMATION to PEOPLE WHO WANT IT.
So, a lot of you will think this is a scam, so I’m going to give you the anti-scam test right below.
Question: Which trendline is CORRECT?
- The Red One
- The Orange One
- The Green One
- The Blue One
- Whichever one you feel is right at the moment.
If you are 100% confident that you know the answer, DON’T BUY MY BOOK. PLEASE DON’T BUY MY BOOK. I am so sick and tired of having people tell me, they knew “most” of it, and all my book did was confirm what they suspected and then want a refund. If you suspect you are one of these customers, then do us both a favor and DON’T BUY MY BOOK. When you buy my book, learn from it, and then ask for a refund, you are SCAMMING ME. So again, do us both a favor, and don’t buy my book.
If you are “fairly confident” but not 100% confident, then DON’T BUY MY BOOK.
If you don’t have a clue, then DON’T BUY MY BOOK.
If you don’t have a clue, but would like to learn, then BUY MY BOOK. I GUARANTEE that after you finish reading my book, you WILL KNOW THE CORRECT ANSWER.
|I found this book very useful. It delivers exactly what [he] says.|
A way to draw a trendline OBJECTIVELY and define a trend in a way that if you give 10 people the same chart all of them will draw exactly the same lines and have the same idea about what is ‘trend’ at the moment. This does not mean that you do not need trading experience to benefit from the information, actually it is a prerequisite that you do have some. All it will do for you is help you objectify trading more which above all things is a psychological reinforcement.
If you are sitting there reading this, and you have uttered to yourself, “It’s just a book about a stupid trend, how valuable can this information be?” I’m not even going to try to convince you the information is valuable, that’s not my job. Just do me a favor, DON’T BUY MY BOOK.
I read it… and read it again. Now I know what a TREND is!I got into Forex around 18 months back and tried multiple ways to define my own system. Your writings took me back to the basics and actually made me think/look at market from a different perspective.The price I paid for this book is nothing for what you have given to me. Hope I will pay you in the months ahead in some form of other. I feel I am getting there but your second book will definetly help me in my quest for a clear thinking of these markets….Damodar
You might be wondering at this point, why do I keep telling people not to buy my book? The reason is simple actually. I have priced my book at a price I think is fair, and not ridiculously low for 2 reasons:
1) People who need this information will find it to be cheap.
2) This minimizes the number of refunds. Low prices attract a low quality crowd who is unwilling to spend money on anything useful. Most who ask for a refund can’t tell good information from bad information.
Most traders trade base on “GUT” feeling, which means what they had for lunch has a bigger influence in their trading than any skillset they have. How can you have consistency in trading if you trade randomly?
And what about indicators? There are over 2000+ indicators out there, and all of them had millions of man hour’s worth of computer backtesting against them. None of them produced satisfactory results. If they did, wouldn’t Joe Computer Programmer be the richest man in the world?
If you come to this page looking for magic bullets, holy grails, potions and lotions, you’ve come to the wrong place.
If you would like to learn how to define a trend, and draw a trendline and add these two critcally important items into your trading arsenal, then my ebook is for you.
How do you know my ebook will be great?!? Good question! I often write free ebooks as a way of giving back to those that have given me so much. Regardless if you buy from me or not, 2 free ebooks are provided below as my way of saying “Thank You!” for visiting my site. They are free, no obligation.
But don’t take my word for it, read the comments below from people who have read my ebooks.
|I wanted to thank you for your new trends & trendlines e-book. You have indeed shed some light on one of the most misunderstood aspects in trading.|
Once reading it, I immediately applied it to my charts. Not long ago I decided to relieve myself from the use of trendlines because of their uselessness when drawn subjectively. Now, with your technique I can (and am, as I type) stay in winners longer and know immediately when a bad decision was made. Truely supportive of the adage letting profits run and cutting losses short.
Looking forward to vol 2.
Many thanks and best wishes,
I’m gonna let you in on a scary secret. I had the opportunity to interview a famous securities consultant, he was the investment consultant at 6 major banks, advising them on what to buy and sell. During the break, I turned to him and said as we were getting coffee, “Just between you and me, what do you personally invest in?” His answer shocked me.
“Nothing. I don’t invest at all, investing is risky.”
Here was a man, of whom 6 major banks depend on for investment advice, but he personally does not trust his own opinion enough to invest for himself. Be weary of those who give advice without following their own advice.
|I’m going to tell you something horrible, you’re not gonna want to hear it, but I have to say it anyways. You are going to lose money when you trade. Why do I know this?? Statistically, around 93% of all traders lose money, so statistics are against you. Not only are statistics against you, but most people do not believe in fundamentals. To quote Chet Holmes, |
“There aren’t 4000 different moves in karate. There are 12 moves. Becoming a master is not about doing 4000 different moves; it’s about doing 12 moves, 4000 times each. The same is true for all areas of accomplishment.”
If you aren’t willing to master the basics, you have lost before you begun. Think about it for a moment, you aren’t willing to spend any money learning to define a trend, but are willing to spend hundreds if not, thousands of dollars on snake-oil promises?
More quotes from satisfied readers of my ebooks:
|Hi, Just wanted to let you know your book will change my trading and income and that is priceless! It was to the point and has good examples to help to see exactly how to apply the instructions. It had exactly what you advertised in it and now I can take that and use it correctly in my trading.|
I was where you were once..
I read a bunch of books that talked about trends, and trend trading. The problem was, NOT ONE SINGLE BOOK DEFINED A TREND. I realized that the problem wasn’t trend trading, the problem was that nobody could define a trend. Everybody book you opened up, all of them started drawing lines, without rhymn or reason as to why they drew it like that.
So I got fed up!
I sat down and wrote out a systematic and mathematically correct way to define a trend. Once I figured it out, people on the forums inundated me with questions, begging me to write all this into an ebook.
That’s exactly what I did!
If you can find someone who defines a trend for you better than I do, let me know the name of the book, and I will buy a copy and send it to you. If you have already bought it, send me a copy of the receipt and I will Paypal you the money for it. That is how confident I am of my ebook.
Is it the Holy Grail?
Nope. I said from the beginning, this is simply a book that teaches you how to define a trend, and draw a trendline. There is no “right way” to trade, every trader should trade according to their personality.
However, I do think this is one of the most valuable items you can ever find, and one you can’t find anywhere.
And the value doesn’t just stop at trading Forex.
This applies to ANY price chart, regardless of the underlining. This will work for stocks, bonds, futures, and of course, Forex.
|I’m going to re-iterate the problem, by quoting a question addressed to me. It was questions like these, that inspired me to write my book.“I have been studying Demark’s book recently and trying to wrap my mind around his method of trendline drawing. He also advocates the idea of moving away from drawing trendlines as an art to a more scientific means of drawing them. My question is the ‘self fulfilling’ aspect of trendlines and other indicators. |
One thing I thought about; on my drawing the trendline scientifically, when the majority will draw them ‘artistically’, and trade their artistic version, possibly nullifying my scientifically drawn line.
I am thinking that the majority will never have the same trendlines so the question becomes moot. Whats your thoughts on this?”
Most trendlines are “artistic” and “gut feeling” in nature. They are not reproduceable. Think about it this way, if I gave the same graph to 10 different people, I would end up with 11 trendlines. Most would have you believe that trendlines are based on “feeling”, and you draw what you “think is right”.
Ask yourself this: if you printed out 2 copies of the same chart, and drew a trendline on one of them. The 2nd copy, you waited 2 months and then drew a trendline on it, would the two trendlines be the same??
Chances are, they wouldn’t be, the lack of consistency in drawing a trendline is what kills most people’s trading.
Let me go ahead and show you why I wrote this book. These two charts were sent to me by someone.
Do YOUR Charts look this random? I am going to tell you what I told him: from his charts, it looks like what he had for LUNCH has more influence on his chart than any methodology. And I won’t even comment on CONSISTENT and REPEATABLE trendline drawing. Remember those two words, CONSISTENT AND REPEATABLE.
Go ahead and answer this one simple question, for the price of bid/ask spread, is it worth knowing how to define a trend and draw a trendline? If so, you should buy my book. If not, I want to wish you good luck in your trading anyways..
Derek Bok said: “If you think education is expensive, try ignorance.”
Book 2: Trendfans and Trendline Breaks
Do you know what a trendfan is?!?
I’m pretty sure the answer is no, since I pioneered the concept as well as the word.
If you google the word “indicators”, you will find out quickly that there are OVER 2000+ indicators!! Do you really think that if even ONE of them worked really well, we wouldn’t all be trading it? The truth is, when it’s all said and done, the PRICE and the PRICE ACTION tells the entire story already.
When was the last time a Moving Average got you into the market early? When was the last time a Moving Average got you out of a bad market early?
Sure you say, but I use MACD and Stochastics.. well MACD is simply a mix of MA’s. If 1MA is bad, is 3 MA’s really BETTER?? If you think so, you are lying to yourself or stupid or both. Do you even know how Stochstics are calculated??