Bob Volman - Price Action Scalping | Currency Futures


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Bob Volman - Price Action Scalping

  #20 (permalink)

Tulsa, OK
 
Trading Experience: Beginner
Platform: Jigsaw, Ninja Trader, Sierra Chart
Broker/Data: Ninjatrader/Rithmic
Favorite Futures: G&L Tribute Series Rampage
 
omni72's Avatar
 
Posts: 348 since Jan 2012
Thanks: 582 given, 616 received

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kevinkdog View Post
kingk -

Based on what I've read so far (most of the book at least once, some parts twice), it is a very good trading book. He trades the EURUSD pair with a 70 tick chart. 7 unique setups.

I think the key in getting those setups to work is in identifying what Volman calls "unfavorable conditions," and avoiding trades during those times.

My guess is at least 3-6 months of heavy practice is needed to see the possibilities of this method, which is why I was curious if anyone uses the method. Why waste time if it doesn't work? Big Mike says people are successful with it, so that is encouraging for me.

Hi @kevinkdog -

Any updates? I ordered the book the other day (intrigued by the low TF and simplicity of the charting described), and was curious about your impressions.

Luck is what happens when preparation meets opportunity. ~ Seneca
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