---
product_id: 53338549
title: "Understanding Price Action: practical analysis of the 5-minute time frame"
price: "345.98 DT"
currency: TND
in_stock: true
reviews_count: 13
url: https://www.desertcart.tn/products/53338549-understanding-price-action-practical-analysis-of-the-5-minute-time
store_origin: TN
region: Tunisia
---

# Understanding Price Action: practical analysis of the 5-minute time frame

**Price:** 345.98 DT
**Availability:** ✅ In Stock

## Quick Answers

- **What is this?** Understanding Price Action: practical analysis of the 5-minute time frame
- **How much does it cost?** 345.98 DT with free shipping
- **Is it available?** Yes, in stock and ready to ship
- **Where can I buy it?** [www.desertcart.tn](https://www.desertcart.tn/products/53338549-understanding-price-action-practical-analysis-of-the-5-minute-time)

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## Description

Understanding Price Action is a must read for both the aspiring and professional trader who seek to obtain a deeper understanding of what is commonly referred to as "trading from the naked chart". With hundreds of examples commented on in great detail, Volman convincingly points out that only a handful of price action principles are responsible for the bulk of fluctuations in any market session—and that it takes common sense, much more than mastery, to put these essentials to one's benefit in the trading game. The power of the book lies in the exceptional transparency with which the concepts and trading techniques are put forth. Besides offering the reader a comprehensive study on price action mechanics, included within is a series of six months of consecutive sessions of the eur/usd 5-minute. Containing nearly 400 fully annotated charts, this section alone harbors a massive database of intraday analysis, not found in any other trading guide. Written with a razor-sharp eye for practical detail, yet in a highly absorbable manner, Understanding Price Action breathes quality from every page and is bound to become a classic in the library of any trader who is serious about his education.

Review: Easy to understand - A clear and conscise way to describe price action from a trader's persepctive.Easy to understand, bar by bar analysis, Bob Volman explains the thinking behind each bar action and the interplay between the round number levels, support and resistance levels and how they relate to breakouts, all on the 5-minute chart.
Review: This is an important book. - This book is excellent. It is a fantastic companion to his first book. It is also a great stand-alone book. In one part of the book - he does six months of continuous charts. And he's written on them. Saying why he did this, or why not that. Great!! I've seen a couple of things in this work that I had thought would have been great to have had in his Scalping book. Like more notes on the example charts - well he has just such charts with notes on them in this book. (That is like sitting with the guy - it's enormously generous of him). Then he also goes in more at trade selection. The previous book makes loads of mention of that - but always in the context of a particular setup - however in this new book he makes a chapter for it. Then there is an expanded section on exit strategies. Now he had a superb section in the previous book, but he's expanded this to a three chapter section. It looks like he's grouped the setups from the previous book into a small set of "types" of setup. So I get a more general discussion of the rationale behind those types of thing.... This might get me into a way of thinking as I look at the chart - to first see a "type" of setup emerging before narrowing in on the specific ... He also has new stuff in a general section on false breaks, and false higher highs, etc. This is really good because it feeds into the whole selection process and helps evaluate exits and things of that nature! I don't know much about the author. He writes very well, and he is obviously enthusiastic about this topic; that comes across in the writing. There is also a consistency not only across this book, but also across both of his books, which makes me feel like he has very much actually done this. It isn't "academic" inasmuch it is a practical book, or a book of practicalities presented with commentary on the why. It is really very good.

## Technical Specifications

| Specification | Value |
|---------------|-------|
| Best Sellers Rank | 423,605 in Books ( See Top 100 in Books ) 82 in Foreign Exchange |
| Customer Reviews | 4.4 out of 5 stars 225 Reviews |

## Images

![Understanding Price Action: practical analysis of the 5-minute time frame - Image 1](https://m.media-amazon.com/images/I/61vqwaLRKCL.jpg)

## Customer Reviews

### ⭐⭐⭐⭐⭐ Easy to understand
*by L***3 on 5 May 2015*

A clear and conscise way to describe price action from a trader's persepctive.Easy to understand, bar by bar analysis, Bob Volman explains the thinking behind each bar action and the interplay between the round number levels, support and resistance levels and how they relate to breakouts, all on the 5-minute chart.

### ⭐⭐⭐⭐⭐ This is an important book.
*by B***S on 15 February 2017*

This book is excellent. It is a fantastic companion to his first book. It is also a great stand-alone book. In one part of the book - he does six months of continuous charts. And he's written on them. Saying why he did this, or why not that. Great!! I've seen a couple of things in this work that I had thought would have been great to have had in his Scalping book. Like more notes on the example charts - well he has just such charts with notes on them in this book. (That is like sitting with the guy - it's enormously generous of him). Then he also goes in more at trade selection. The previous book makes loads of mention of that - but always in the context of a particular setup - however in this new book he makes a chapter for it. Then there is an expanded section on exit strategies. Now he had a superb section in the previous book, but he's expanded this to a three chapter section. It looks like he's grouped the setups from the previous book into a small set of "types" of setup. So I get a more general discussion of the rationale behind those types of thing.... This might get me into a way of thinking as I look at the chart - to first see a "type" of setup emerging before narrowing in on the specific ... He also has new stuff in a general section on false breaks, and false higher highs, etc. This is really good because it feeds into the whole selection process and helps evaluate exits and things of that nature! I don't know much about the author. He writes very well, and he is obviously enthusiastic about this topic; that comes across in the writing. There is also a consistency not only across this book, but also across both of his books, which makes me feel like he has very much actually done this. It isn't "academic" inasmuch it is a practical book, or a book of practicalities presented with commentary on the why. It is really very good.

### ⭐⭐⭐⭐⭐ Fantastic read for study of price action
*by W***M on 24 January 2015*

I decided to write a review on this book, after reading and studying the first book "forex price action scalping" I didn't think the follow up could be as good. However this surpasses in many ways, firstly he writes from a traders perspective and has a knack of describing what emotions and thoughts actually play out in a traders mind. Many technical analysis books are great from a technical point but don't explain the vagaries of sentiment, participants and many other facets of trading. A must read you won't be disappointed.

## Frequently Bought Together

- Understanding Price Action: practical analysis of the 5-minute time frame
- Forex Price Action Scalping: an in-depth look into the field of professional scalping
- Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude

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*Product available on Desertcart Tunisia*
*Store origin: TN*
*Last updated: 2026-06-05*