THE TECHNICAL ANALYSIS CLASSIC--REVISED AND UPDATED TO HELP YOU
SUCCEED, EVEN DURING TIMES OF EXTREME VOLATILITY
"This book contains the most advanced methodology I've ever seen."
--GEORGE C. LANE, from the Foreword
Required reading for certification in the Chartered Market Technician
(CMT) program
Over a decade ago, when this groundbreaking guide was first published,
the world of technical analysis had experienced vast change. Seemingly
overnight, technological advances had utterly transformed the way market
analysts performed their jobs. A growing army of professional technical
traders, armed with global plug-and-play software, needed to improve
their skills of price projection, timing, and risk management to weather
the increasing market ranges and volatility.
Technical Analysis for the Trading Professional helped them achieve
it. The word spread that this practical guide provided radical new uses
and combinations of indicators and formulas--and it became an instant
classic.
By comparison, today's markets make those of 1999 look simple--so
Technical Analysis for the Trading Professional has been expanded to
reflect the author's experiences over the past decade to bring you fully
up to date. It provides comprehensive coverage of new techniques, as
well as the timeless insight and tools that analysts will always need to
maintain a competitive edge in the global financial markets, including:
- Explanations of why common oscillators do not travel between 0 and 100
and why signals develop in different ranges during bull versus bear
market trends
- Expanded guidelines for the use of the Composite Index. Formulas are
fully detailed for this custom oscillator that warn when the Relative
Strength Index is failing to detect a trend reversal
- A comprehensive foundation of Gann analysis, with an explanation of
how Gann Squares, the Gann Fan, and the Square of 9 are geometrically
related to one another
- Methods for calculating Fibonacci retracements and swing projections
in rapidly expanding or contracting markets
- A more expansive discussion of cycle analyses and their asymmetrical
properties
Each chapter presents the given topic as a separate building block,
moving step-by-step through 150 charts that lead toward new methods of
price triangulation. The result enables you to pinpoint a market
objective--even in the most extreme and volatile trading environment.
Use Technical Analysis for the Trading Professional to establish the
trading dominance you need to excel in today's uncertain markets.
