I have bumped into an awesome book called Forex Price Action Scalping. This 358-page-book was written well by an honest and professional trader, Bob Volman, for traders who are interested in scalping especially in EURUSD. It contains a number of examples along with it’s in depth and detailed discussions. He tackles not only the trading system itself but more of the thought process involved in scalping. He was like making the readers be involved in his own thought processing from the time it started until it ends.
This one made it more interesting. His money management course was such a classic. He traded EURUSD on a 70 tick chart for 30 seconds TF. His TP is 10 pips and SL 10 pips. Developed the 7 set ups such as the Doji Break, First Break, so on and so forth. Trading completely naked without any indicator, no trendline –but only 20 EMA. Indicators would only bring confusion and doubt. As trading have no guarantees and probability is what we trade for.
The book contains techniques great for traders especially for those inexperienced one which will lead you to possibilities you will encounter in trading but helping you how to go about it. It doesn’t give you false expectations. Like not exiting if one is in an invalid trade is a great no-no. It is never shameful act to respect a stop. This book is a worth reading for and anyone can give it a run for your money.