Master Price Action Trading With These Books…

Here are some price action trading books for beginners. These price action trading books can be used for forex, stocks, futures, commodities and options. I’ll only talk about candlestick trading books for now but I will cover chart pattern books if you want me to. If you want to learn how to trade candlestick patterns, these are some good trading books to start with for beginners.

Here are the candlestick trading books I’ve talked about in this video:

All About Candlestick Charting:
Candlestick Charting For Dummies:
Candlestick Charting Explained:
Candlestick Charting Explained Workbook:


The content here is for informational purposes only and should NOT be taken as legal, business, tax, or investment advice. It does NOT constitute an offer or solicitation to purchase any investment or a recommendation to buy or sell a security. In fact, the content is not directed to any investor or potential investor and may not be used to evaluate or make any investment.

Investing and trading is a high risk activity and should be approached with caution. I am not a certified financial advisor. Hence, it is important for you to seek a certified financial advisor to craft your portfolio.


Singapore youtuber profile:

Karen Foo is Singapore trader, investor, financial trainer, author, motivational speaker and international speaker. Her content on Youtube and Tiktok has helped tons of traders around the world to master trading.

Karen is actively involved in speaking at various financial conferences, seminars, expos, workshops and publicly-held events in Singapore, Malaysia, Thailand & Vietnam. She has shared the stage with top investment gurus and CEOs at the various conferences she has spoken at. She is also a TEDx speaker.

Having overcome numerous setbacks in her life, she has gone on to inspire hundreds and thousands of youths, working executives and leaders of various companies with her stories.

Being labelled as the “quietest student and underachiever” throughout her life, she went on to win numerous awards in public speaking contests, traders awards, academic awards & scholarships.

She graduated with a business degree specializing in banking and finance from Nanyang Technological University where she was listed as a featured alumnus. She was also nominated for NTU’s social responsibility gold medal award for her various contributions to charity. While in university, she was already interviewed by Singapore’s national TV, Channel News Asia as a young investor.

She is also the contest judge for numerous public speaking contests held around Singapore, ranging from club level to National level contests. She also represented her university 2 times at a national public speaking competition.

She was also featured in TV, radio, magazines and documentaries for her academic & career achievements. She has also written financial articles for her university newspaper and Singapore’s popular news platform, The Strait Times.

She was voted as the “Best Trading Guru in Singapore” by Traders Awards 2019. She was also given the “Top Popular Analyst in Asia” award by Wikiexpo.

Karen represented her university in a trading competition and managed to rank #1 in a Singapore nationwide Forex trading competition, competing with over 200 traders from NUS, NTU, SIM, SMU & the 5 polytechnics based in Singapore. She was also ranked 10th in a contest organized by FX Street, competing with over 3000 traders from over 20 countries. She was also ranked top 3 in other Asian trading contests.
She is the author of “Fundamentals of Currency Trading”.

Her wide range of experience has also led her to co-author a book, “Turning Ideas into Profit” with 10 other experts and professional speakers. Karen is also a contributing author of an investment book titled “Your Cash Moves”, where all the proceeds are donated to the Singapore Children’s Cancer Foundation.

Karen Foo’s email:
Manager’s email:


Music Credit:

BatchBug – Playing In The Wind

Boom and Crash Strategy For Forex Traders

The foreign exchange market is a global trading system where currency is traded. Unlike stocks or indices, which can have volatile price movements, trading forex is much safer for the investor. Although GBP/USD and EUR/USD are the two most volatile currency pairs, there are other currency pairs with lower volatility. Listed below are some tips for trading with forex. All traders should learn the basics of foreign exchange trading before attempting to trade it.

A good money management strategy will help you avoid excessive loss and stay in the game despite the frequent booms and crashes. Remember to avoid being greedy, because being greedy can wipe your account out in a matter of days. The best way to avoid a massive loss is to use stop losses, and to only open positions when you are sure you can close them in profit. Moreover, you should never allow yourself to become overconfident.

Another great tip for currency traders is to use CFDs. Using CFDs, you can bet on the direction of the price of bitcoin. When the price is falling, you can short it. However, it can be expensive to hold a large amount of bitcoin overnight because carry costs are extremely high. The only way to avoid this is to have a complete knowledge of the asset you’re trading. By learning as much as you can about it, you’ll be able to predict when the price will crash, and you’ll be able to make a profit.

A simple application of momentum indicators will help traders make better decisions. Traders will often hold positions on an index in an uptrend, which is usually signaled by a technical indicator. When these two indicators agree, they may feel more confident about taking action. If they do, you’ll be more likely to get a profit than with a lower-quality indicator. The main difference between these indicators is their strength. With the former, the market is in a bullish mood and the opposite is true.

While the FTSE 100 is a great indicator, it is still a good idea to have an understanding of other market sectors as well. The Dow Jones index, launched in 1885, is an example of an indices that has historically been less volatile. Another popular indices is the FTSE 100, which is run by the London Stock Exchange subsidiary FTSE Group. With these indices, you can trade without the concern of being burned financially.

A second important concept in forex trading is known as slippage. Slippage refers to the difference between the price you set and the actual price. It occurs more frequently in less liquid markets and during high volatility moments, and it is caused by lack of liquidity. If your order is higher than 16 or lower than that, it will be automatically processed at the next price, preventing you from losing more money than you initially intended. You should keep in mind that slippage can cause significant losses for you, so it is best to trade only with a high-quality broker.

Another important factor in forex trading is the volatility. As mentioned earlier, the currency market fluctuates constantly, and volatility may cause a large number of trades to fail. It is best to trade only when you have some experience trading in a foreign currency market. Once you have mastered the basics, forex trading can be a lucrative endeavor for you. There are many strategies that can help you achieve profitably in the forex market. With these strategies, you’ll be well on your way to generating profits in the forex market.

The Forex market is highly volatile, and investors must use the tools at their disposal to maximize their profits. Forex calculators are a helpful tool to use when setting up trades in forex. These tools help you to calculate stop loss and take profit prices for trades and set appropriate positions size. In addition, you can use various tools to improve your knowledge of forex trading. If you have any questions or concerns, feel free to contact the author through email or on Twitter.

One strategy that works well with high volume is one that requires less leverage. While high-volume trading in the week can turn a handsome profit, certain strategies perform better on the weekend. Asian markets behave differently from western markets, so certain strategies are better suited for the conditions in these countries. You can also restrict your leverage by trading smaller lots. The smallest possible lot size is best if you’re not profitable, since it will allow you to trade more and earn more profit.

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