2024 the best place to exchange money review
Price: $25.99
(as of Dec 17, 2024 19:08:10 UTC - Details)
What do Charles Dow, Jesse Livermore, and Richard Ney have in common?They used volume and price to anticipate where the market was heading next and so built their vast fortunes. For them, it was the ticker tape; for us, it is the trading screen. The results are the same and can be for you, too. I make no bones about believing I was lucky to start my own trading journey using volume. To me it just made sense. The logic was inescapable. And for me, the most powerful reason is very simple. Volume is a rare commodity in trading - a leading indicator. The second and only other leading indicator is price. Everything else is lagged.There's ONLY one question!As traders, investors, or speculators, all we are trying to do is to forecast where the market is heading next. Is there any better way than to use the only two leading indicators we have at our disposal, namely volume and price? In isolation, each tells us very little. After all, volume is just that, no more no less. A price is a price. However, combine these two forces, and the result is a powerful analytical approach to forecasting market direction with confidence.What you will discoverThis book will teach you all you need to know from first principles. So whether you're a day trader or a longer-term investor in any market, instrument, or timeframe, this book is the perfect platform to set you on the road to success and join those iconic traders of the past. All you need to succeed is a chart with volume and price…simple.
Publisher : CreateSpace Independent Publishing Platform; 1st edition (September 21, 2013)
Language : English
Paperback : 184 pages
ISBN-10 : 1491249390
ISBN-13 : 978-1491249390
Item Weight : 1.15 pounds
Dimensions : 8.5 x 0.42 x 11 inches
Reviewer: David Field
Rating: 5.0 out of 5 stars
Title: Clear, simple, logical, inspiring
Review: I've read both of Anna's first two books (Forex For Beginners and A Complete Guide To Volume Price Analysis) back to back, and I'm going to be lazy and just post the same review for both, but I'll distinguish where I make comments specifically about one or the other.I'll start with a little background to put this review in context. I started getting interested in forex trading with an email touting some guy that had a "system." I signed up for his live webcam "learn how by watching me trade" membership, figuring I'd take advantage of the 3-month money back guarantee if I learned nothing. At 2 months I couldn't explain his system clearly to myself, and he was changing methods almost every day and frequently seeming to contradict things he'd said before. I kept at it for another couple weeks and then used the money back guarantee. I then started downloading and backtesting all kinds of indicators and EAs and browsing Amazon reviews looking for a better guide. Next I scanned a couple forex books and a couple on trading in general, and I used Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications (New York Institute of Finance) as an encyclopedia. I continued playing with my practice account for a couple months, but could find nothing that worked consistently enough to be comfortable committing real money, and I lost interest.A year or so later I ran across an article about Richard Dennis and the 'Turtle Traders'. I realized: a) people do make money doing these things, b) anyone can learn the methods, c) and there are experts out there who are willing to share their knowledge. I started looking for a good book again and almost immediately found Anna's books. Forex for Beginners was so cheap and the free sample indicated it would be an easy read. Halfway through, and also after reading comments about it on several forums, I was sold on VPA. I decided to re-open my FXCM practice account and try some of her recommendations, then read the next book (A Complete Guide to Volume Price Analysis) while waiting for my account to fund. She recommends not using a practice account for anything more than learning the interface, for several reasons: real money is more meaningful and lessons stick better, the practice account feed is usually not a real live feed even if they say it is, and the practice feed won't show you the sudden spikes in the spread caused by your broker sometimes taking advantage of a fast moving market. Forex for Beginners was very helpful in explaining how the different types of forex brokers' operations can work against your interests if you have the wrong type of broker, and how to find the right type so you're not betting against the house.Volume price analysis makes sense to me, and her (and others') assertions that the market is controlled by insiders whose moves can be seen by analyzing volume is the best explanation I've seen yet for why price action forms certain consistent patterns. My previous concept of technical analysis was that specific price patterns form when there are enough people who believe it will, simply a self-fulfilling prophecy, and I could never quite accept that as a reliable way to make money. Now I understand how volume affects candle formation, and how insider action is reflected in volume, and it's all logical. I can trade on that with confidence, which is the biggest thing I've gotten from these two books.My only complaint about both books is that she could use a more attentive editor, but there's nothing so bad it's really distracting. I read a review here recently where the reader said the grammar was so bad he/she couldn't finish the book (I can't remember if it was one of these two or another trading book). That's short-sighted arrogance in my opinion. The most eloquent speaker or the most concise and grammatically correct writer is not usually the best teacher. Also, if Anna had a talented editor go over this with a fine-toothed comb, yes it would be slightly easier to read, a little less repetitious, and probably a little shorter, but it would be more expensive too. If you want to learn how to work on your own Harley, the Haynes manual was written by a professional technical writer with a professional photographer looking over his shoulder at the work of a professional mechanic. Yet they (or their editors) still usually leave out all sorts of important details and perspectives that the grizzled old greasemonkey down at the shop is willing to give you if respect his experience and can dodge his tobacco juice and parse his colorful language. The Haynes manual is certainly cleaner and easier to read, but I'd prefer a conversation with the veteran any time.Another reviewer for one of these books said they couldn't make out the charts in the Kindle version so they bought a print copy and it was no better. I agree some of them are pretty hard to read on my Kindle (6" E-Ink display), but I had no problem with any of them on my iPhone screen or on Kindle Reader for PC.Tip: I found it very helpful to read on my Kindle with my iphone in my lap above it so I could glance at the chart and back to the text without scrolling back and forth constantly - something Amazon could definitely improve in the Kindle experience.I gave A Complete Guide to Volume Price Analysis 4 stars when I started writing this review, but I've decided to make it 5 stars. Part of the reason for this upgrade is that I'm not aware of another book on VPA (or VSA), and I'm grateful to Anna for writing one. Also, I haven't put her recommendations to use yet. My next step is to go through the VPA book again and condense the principles onto a set of flash cards. Then I'll start with the smallest possible lot size (like she recommends), keep a journal, and mark up my flash cards as I go along. I'll update this review when I feel like I've got some meaningful experience.
Reviewer: Andres
Rating: 5.0 out of 5 stars
Title: Great book, easy to understand and apply
Review: Explains in a simple way how to apply vpa. brief and precise
Reviewer: Maui Vernon
Rating: 4.0 out of 5 stars
Title: Highly valuable content, however ...
Review: Finally, someone who can explain to me how to read and use the complex relationship between price and volume. I am getting a lot out of Anna Coulling's "A Complete Guide to Volume Price Analysis" and I can recommend this book to any trader who wants/needs to know more about Volume Price Analysis. If you are a trader but are not sure if that's you, just buy the book. It's you.Now for the "However ..." part. When the book arrived, I was pleased to see that it was an oversized paperback (8 1/2 x 11 inches). The bad news came when I opened it and looked at the pages. The print is in a small 8â10 pt. font. Much worse, it looks like it was printed in draft mode to save ink. If you are age 50+ and use readers, you will struggle to read this book. I would have gladly paid a few extra dollars for more ink on the pages. If not for this, it would get five stars.
Reviewer: Andres Bolanos Dalsaso
Rating: 5.0 out of 5 stars
Title: It holds wisdom
Review: As a Volume Spread Analysis trader I found depth and similarities in the teachings imparted in this book. Although I don't align with all the terminology, beneath I found useful information to enhance my analysis. The micro and macro analysis was really good, the concept of anomaly, very similar to the teachings I received. Thank you!
Reviewer: D. Carson
Rating: 5.0 out of 5 stars
Title: Pretty good
Review: There's a lot here worth reading. It's basically the standard on VPA. I'd recommend getting a physical copy, it's easier to follow the charts
Reviewer: Amazon Customer
Rating: 5.0 out of 5 stars
Title: Awesome book
Review: After reading this book,it all make sense now. It provides a guide to identify when the market makers are down playing you, by faking the price action, moving price at will, in a direction or magnitude that is not justified by the actual volume of trades done by buyers and sellers.I obviously need to try the volume price analysis presented in the book on real time, which is more difficult, but I feel more confident in my new approach to analyze the financial markets, based on the insights from this book.Thank you so much Anna for sharing your knowledge for the unprofitable newby traders like myself that are chasing a dream of financial freedom and a better life.
Reviewer: Amazon Customer
Rating: 5.0 out of 5 stars
Title: Best Book on Volume and Price Action I've ever read
Review: I have been trading for about 20 years and in that time have read probably close to 200 books on trading. This is the single best book on volume and price action I've ever read. In fact it is the best trading book I've read period. It describes things in simple easy to understand common sense language. If you are confused by Richard Wycoff's writing than pick this up instead. It simplifies his ideas and adds more ideas about price action that are invaluable. This little $5.00 ebook alone can make you a successful trader if you master the ideas in it, IMHO. Thanks you to Anna Coulling for offering such valuable information for such a little price.
Reviewer: Big Tony
Rating: 5.0 out of 5 stars
Title: Volume price analysis is a must
Review: I liked this book. Understanding volume price analysis is a core skill (among several ) if you want to read candlestick charts well. Not so dense as to be boring and not so much fluff as to seem wasteful of my time. Found it a value added read.
Reviewer: Eric
Rating: 5.0 out of 5 stars
Title:
Review: I have used volume to trade. However, Anna does a great job breaking down the most straightforward concepts and explaining the more complex nuances of a VPA methodology. I now incorporate Anna's VPA into my trade book, and the time I spent reading and studying her book was very well spent. I highly recommend it to any novice or intermediate trader looking to learn more about Volume's relationship to price action.
Reviewer: ajax
Rating: 5.0 out of 5 stars
Title:
Review: Excelente
Reviewer: Usman
Rating: 5.0 out of 5 stars
Title:
Review: Interesting book , I recommend
Reviewer: Guilherme silva
Rating: 5.0 out of 5 stars
Title:
Review: tres bien!
Reviewer: Kindle Customer
Rating: 5.0 out of 5 stars
Title:
Review: Very effective but require practice. Obviously nothing comes easy. Try it it's five star from my side. I am able to read all five min candle of nifty with help of this book only.
Customers say
Customers find the book provides useful information about volume and price analysis. They describe it as an informative, easy read for beginners or experienced traders. The content is clear and concise, making it simple to understand. Many readers consider it a good value for money. However, some customers report issues with the color scheme of the diagrams, which are in black and white with mottled backgrounds.
AI-generated from the text of customer reviews