Post by honestknave on Jan 16, 2016 17:39:14 GMT -5
I'm hoping to get some feedback on people's thoughts about Bob Volman's methodology.
His first book (which I don't have but I've read the free excerpts from) was Forex Price Action Scalping published in October 2011.
This book's methodology uses the 70 tick chart and the setups are:
DD (Double Doji)
FB (First Break)
SB (Second Break)
BB (Block Break)
RB (Range Break)
IRB (Inside Range Break)
ARB (Advanced Range Break)
Fast-forward a few years to his second book Understanding Price Action published in October 2014.
This book's methodology uses the 5 minute chart and the setups are:
pb (pattern break)
pbp (pattern break pullback)
pbc (pattern break combi)
pr (pullback reversal)
tff (trade for failure)
I had surmised that the second book is a more up-to-date representation of Bob Volman's trading style.
However, there is a thread on another forum which is publishing Bob Volman's charts from 2012 to now. I should make it clear that I have no way to verify they are indeed from Bob Volman, but it would seem a bold assertion if untrue.
What I find intriguing is that all those charts, including Week 1 of 2016, are on the 70 tick chart annotated as per his first book.
Any thoughts from the forum on this?
His first book (which I don't have but I've read the free excerpts from) was Forex Price Action Scalping published in October 2011.
This book's methodology uses the 70 tick chart and the setups are:
DD (Double Doji)
FB (First Break)
SB (Second Break)
BB (Block Break)
RB (Range Break)
IRB (Inside Range Break)
ARB (Advanced Range Break)
Fast-forward a few years to his second book Understanding Price Action published in October 2014.
This book's methodology uses the 5 minute chart and the setups are:
pb (pattern break)
pbp (pattern break pullback)
pbc (pattern break combi)
pr (pullback reversal)
tff (trade for failure)
I had surmised that the second book is a more up-to-date representation of Bob Volman's trading style.
However, there is a thread on another forum which is publishing Bob Volman's charts from 2012 to now. I should make it clear that I have no way to verify they are indeed from Bob Volman, but it would seem a bold assertion if untrue.
What I find intriguing is that all those charts, including Week 1 of 2016, are on the 70 tick chart annotated as per his first book.
Any thoughts from the forum on this?
