The author introduces us to about 10 famous price action books. The order listed below is not sorted by book quality. Please read carefully before planning to delve into each book.

1. Al Brook's Trading Price Action Series

This set is considered the bible for price action traders. Al Brooks' massive work is divided into 3 books in total, corresponding to each different type of price environment: Range (sideway market), Trend (trending market) and Reversal (reversal). Not to mention the first book Al Brook wrote "Technical Analysis of Price Charts Bar by Bar for the Serious Trader".

Al Brooks does not claim to be the creator of the term price action or the "naked trading" method of trading, but almost every trader considers him to be a giant in this field because of the series. his famous.

2. Forex Price Action Scalping by Bob Volman

Bob Volman focuses on a very unique style of price action trading and is not suitable for all traders. Bob specializes in scalping (short-term trading) with the goal of taking small profits using the 70 tick time frame (tick chart).

This is also a price action set worth reading because it is "easier to understand" than Al Brooks' price action set. Moreover, Bob does not advertise his courses, his super indicators. This is a plus because from my personal point of view, there are a lot of trading books on the market, most of which are scams, selling books, but the purpose behind is selling thousands of dollars courses.

Bob's book is easier to understand than Al Brooks because Al does not give a specific setup, Bob will give you 7 very clear setups. This is not to say that Al Brooks' books are better. Since price action focuses on how price action feels, if you're just starting out and may not be familiar with "feeling the price", reading Al Brooks' book will be difficult. In fact, most traders complain that Al Brooks's books are too hard to understand.

3. Martin Price on Price Pattern

Martin Pring calls his book "The Definitive Guide to Price Pattern Analysis and Interpretation". Martin helps you understand how to use all the tools needed in price pattern analysis, including:
  • Support and Resistance.
  • Trend line (trend line).
  • Volume analysis (analysis of transaction volume).
  • Break out analysis.
  • Chart pattern (analysis of price patterns).
  • Bar pattern (candlestick analysis).
The division into topics as above in my opinion is very scientific and easy to understand. This book will show you all you need to know when starting to approach price action analysis. A very well organized and conceptually written book.

4. Japanese Candlestick charting techniques - Steve Nilson

After Steve Nilson introduced the Japanese candlestick system to the Western world, this system became the default standard for all trading software in the world.

The Japanese candlestick pattern helps traders to analyze the chart better than the traditional bar chart, not to mention the Japanese also discover very special candlestick patterns such as engulfing candles, shooting stars, all has become so familiar to today's traders.

This book is considered a foundation for you to start approaching simple chart analysis, without accompanying indicators.

5. Integrated Pitchfork Analysis - Basic to Intermediate Level by Mircea Dologa


Trendline is an important tool in price action analysis. However, trendlines are usually only covered by a short chapter in most trading books. This is the first book to seriously study the use of trendlines, especially trendlines according to Pitchfork.