Bob Volman - Price Action Scalping - Currency Futures | futures io social day trading
futures io futures trading


Bob Volman - Price Action Scalping
Updated: Views / Replies:79,813 / 118
Created: by kevinkdog Attachments:11

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 11  
 
Thread Tools Search this Thread
 

Bob Volman - Price Action Scalping

  #1 (permalink)
Market Wizard
Cleveland Ohio/United States
 
Futures Experience: Advanced
Platform: Tradestation
Broker/Data: various
Favorite Futures: futures
 
Posts: 2,347 since Jul 2012
Thanks: 1,101 given, 4,259 received
Forum Reputation: Legendary

Bob Volman - Price Action Scalping

I recently picked up the book:

"Forex Price Action Scalping: an in-depth look into the field of professional scalping"

by Bob Volman.


I'm curious - is there anyone out there using his approach with success (or without success)?


Thanks

Reply With Quote
The following 11 users say Thank You to kevinkdog for this post:
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,041 since Jun 2009
Thanks: 29,184 given, 82,311 received



kevinkdog View Post
I recently picked up the book:

"Forex Price Action Scalping: an in-depth look into the field of professional scalping"

by Bob Volman.


I'm curious - is there anyone out there using his approach with success (or without success)?


Thanks

Thanks for creating the thread.

I know several people that use his method and are very happy with it. I talked to him a few times to try to get him to do a webinar on futures.io (formerly BMT), but was unable to convince him to do so. He wanted to maintain a low profile. Perhaps one day that will change, and we can educate more people on his methods.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following 12 users say Thank You to Big Mike for this post:
 
  #4 (permalink)
Market Wizard
Cleveland Ohio/United States
 
Futures Experience: Advanced
Platform: Tradestation
Broker/Data: various
Favorite Futures: futures
 
Posts: 2,347 since Jul 2012
Thanks: 1,101 given, 4,259 received
Forum Reputation: Legendary

Thanks Mike. That is good info to know, and makes me more inclined to spend time with his approach.

With any method, I am sure, what you eventually get out of it depends a great deal on how much time you put into it.

Reply With Quote
 
  #5 (permalink)
KingK
Toronto, Canada
 
Futures Experience: Advanced
Platform: NinjaTrader
Favorite Futures: FUTURES:Anything Fast Paced
 
Posts: 26 since Aug 2012
Thanks: 4 given, 13 received

Hi,

Please keep us informed and if you think the book is a good buy

A summary would be useful too.

Reply With Quote
 
  #6 (permalink)
Market Wizard
Cleveland Ohio/United States
 
Futures Experience: Advanced
Platform: Tradestation
Broker/Data: various
Favorite Futures: futures
 
Posts: 2,347 since Jul 2012
Thanks: 1,101 given, 4,259 received
Forum Reputation: Legendary


kingk View Post
Hi,

Please keep us informed and if you think the book is a good buy

A summary would be useful too.

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.

Reply With Quote
The following user says Thank You to kevinkdog for this post:
 
  #7 (permalink)
Elite Member
Zurich Switzerland
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: IB
Favorite Futures: ES, 6E, CL
 
Posts: 404 since Sep 2009
Thanks: 64 given, 510 received

A summary of the book.

Reply With Quote
The following 6 users say Thank You to terratec for this post:
 
  #8 (permalink)
Elite Member
Hong Kong
 
Futures Experience: Beginner
Platform: NinjaTrader
Favorite Futures: Stocks
 
Posts: 29 since Jul 2012
Thanks: 22 given, 4 received

I read the introduction of this book seems it is another book which talk about the price action.
I got Al Brooks's trading book series, just want to know any different in between their method?

Since I got Al Brook's books, is it worth to buy Bob Volman's book as well?

Reply With Quote
 
  #9 (permalink)
Market Wizard
Cleveland Ohio/United States
 
Futures Experience: Advanced
Platform: Tradestation
Broker/Data: various
Favorite Futures: futures
 
Posts: 2,347 since Jul 2012
Thanks: 1,101 given, 4,259 received
Forum Reputation: Legendary


rienno View Post
I read the introduction of this book seems it is another book which talk about the price action.
I got Al Brooks's trading book series, just want to know any different in between their method?

Since I got Al Brook's books, is it worth to buy Bob Volman's book as well?


Similar to Al's first book, but simpler. Much easier to read. Volman focuses on 70 tick bars for EURUSD, while Al favors the 5 minute ES. But, to me the setups are the important thing, regardless of timeframe or market.

Al's method seems a lot more complicated, with many more setups, conditions, etc. Whether the extra complexity is justified, I don't know. Personally, I like simplicity, so overall I favor Volman more.

I think if you studied either book, and worked hard to become proficient, you could probably succeed with either approach. A lot of screen time required, I am sure.

Reply With Quote
The following user says Thank You to kevinkdog for this post:
 
  #10 (permalink)
Elite Member
Holland, Michigan
 
Futures Experience: None
Platform: ninjatrader
Broker/Data: CQG
Favorite Futures: Acoustic Guitar
 
trs3042's Avatar
 
Posts: 1,802 since Jun 2009
Thanks: 23,771 given, 5,599 received


More excerpts from Bob Volman's book "Forex Price Action Scalping: an in-depth look into the field of professional scalping"

http://infofpas.files.wordpress.com/2011/10/excerpts-fpas-hr-3-6-121.pdf

Enjoy,

Rick

"If you're going to panic during a trade............. panic early."
Reply With Quote
The following 15 users say Thank You to trs3042 for this post:

Reply



futures io > > > > Bob Volman - Price Action Scalping

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Battlestations: Show us your trading desks and win $750 in prizes

August
 

Ask Me Anything (AMA) w/Rod Casilli @ Collective2

Aug 23
 

Prototyping Python Strategies (part 3, Live Trading) w/Ran Aroussi [1PM ET]

Elite only
 

Develop Strategies and Perfect Execution w/Brannigan Barrett @ Axia Futures

Elite only

Introduction to Phillip Capital futures brokerage services

Aug TBD

How Monte Carlo Analysis Can Help Your Trading w/Kevin Davey

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Price Action Adamus Traders and Trading Methods 6 February 20th, 2013 07:56 AM
Price Action - HELP! ollivermilton Beginners and Introductions 3 March 8th, 2012 06:48 PM
Scalping ES with price action trading Southbay Emini Index Futures Trading 42 September 11th, 2011 12:10 AM
TMNT's Trading Journal: ES 5m candle, Price Action scalping tmntrader Elite Trading Journals 20 August 12th, 2011 03:37 PM
Books about price action? mindfultrader Traders Hideout 9 March 24th, 2011 10:25 AM


All times are GMT -4. The time now is 11:31 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-08-21 in 0.13 seconds with 20 queries on phoenix via your IP 54.166.205.242