I am Rubén Villahermosa, independent trader and author. My logical and rational mind led me to question the why of market movements, which allowed me to learn the principles of the Wyckoff method. I have deepened in the study of the interaction between supply and demand through high-level Technical Analysis tools such as Wyckoff, VSA, Price Action, Volume Profile, and Order Flow; knowledge that I share through my books from principles of honesty, transparency, and responsibility.
Are you tired of losing money in the stock market? Have you tried countless trading methods and none of them work? Get rid of everything that didn't work for you and learn a professional approach: The Wyckoff Method.
Ruben Villahermosa, Amazon bestseller and independent trader, has refined and improved some of the most powerful concepts of stock market trading and makes them available to you in this book so that you too can benefit.
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In financial markets, knowing what the large trader is doing is vital. In his book, Tom Williams, who was a syndicated trader, taught us the main signs that allow us to identify the participation of the large traders on the chart, which allows us to make judicious analyses about where the price is most likely to go.
The book addresses price and volume action in an excellent level of detail, providing us with a full understanding of the Law of Effort and Result with which we can assess whether there is harmony or divergence in each of the market's actions. This allows us to be closer to being able to make accurate assessments of what the large traders are doing.
Professor Hank Pruden's book covers a more holistic perspective as he develops elements of system building, pattern recognition, and mental state discipline.
In the technical section he teaches us key concepts of the Wyckoff Method such as the protocolization of the development of accumulation and distribution structures through phases, a fundamental contribution to the Wyckoffian community.
In his book, David Weis explains the principles of the Wyckoff method from a more modern approach, adapted to today's markets.
Using simple but very powerful concepts (supports and resistance, Springs and Upthrust, effort vs. result), he gives us the necessary ideas to build our own winning trading system.
David also created his own indicator (Weis Wave), which is a great contribution to the trading community.
Al Brooks is the most influential author on the pure study of price action. His trilogy is the bible for understanding the messages conveyed by individual candlesticks and price behavior as a whole.
The book teaches us how the market moves and provides clear ideas for taking advantage of different contexts: trends, ranges, and reversals.
5,716 authors have recommended their favorite books and what they love about them. Browse their picks for the best books about stock market, stock trading, and speculation.
We think you will like Technical Analysis of the Financial Markets, A Beginner's Guide to Day Trading Online, and Cloud Charts if you like this list.
From Alan's list on cracking the trading code.
This book has been the bible for technical analysts since its first iteration in 1985 and is a comprehensive guide to the established knowledge of the markets. It covers chart structure, trends, moving averages, oscillators, technical indicators, and all types of charts in the 542 pages of the 1999 edition, which added candlestick patterns to the older version, and is a great reference guide for all the traditional charting.
However, that is the latest edition, so it contains nothing on Ichimoku (cloud) charting, an incredibly interesting if esoteric development, which is one of the reasons I felt that I should write my book including these latest advances.
From Alan's list on cracking the trading code.
I have to start with this book, as reading Toni's work has influenced me and my approach to trading from the early days. She has a wonderful friendly style that leads you on and makes it hard to put the book down. While I appreciate all her work, this particular book takes you through so many practical examples, it's impossible not to be enthralled by the possibilities of trading in the stock market.
From Alan's list on cracking the trading code.
And so if you are taken by the eerie success of Ichimoku charting, this is the book I recommend to get a thorough understanding. It was published in 2010 by an English trader, and to my knowledge was one of the first books solely on this topic. It has numerous colour illustrations that cover the analysis in great depth and opens the door for all traders to explore this progressive tool.
Incidentally, Ichimoku translates to "at one glance," and that idea summarizes well the effectiveness of the charts.
