Technical Analysis Tools: Creating a Profitable Trading System
Most investors know that highly profitable trading methods employ a number of technical analysis tools. Unfortunately, choosing the right ones is easier said than done.
In Technical Analysis Tools, professional trader Mark Tinghino cuts through the clutter. First, he demystifies the essential technical approaches such as chart patterns, indicators, Market Profile, and Elliott Wave. He also introduces a new instrument of his own: the cyclical model, which helps identify trend reversals. Next, he provides techniques that turn the tools into trading programs. Those techniques include how to time buying and selling, how to account for the effect of fundamental analysis on technical analysis, and how to use spreads to effectively manage risk.
Real-world examples, objective analyses of how successful investors implement their own trading systems, and dozens of charts and graphs make Technical Analysis Tools exceptionally clear and practical.
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An Excellen ResourceUser Review - Anonymous - Borders
I love the way the author has organized the material in this handy reference. I have been using technical analysis to trade for over ten years, and even though this is a good book for beginners, it ... Read full review