Technical Analysis:
strategies and Techniques for Today's Turbulent Financial Markets.
In today's rapidly advancing
technical environment, Technical Analysis for the Trading Professional is the
groundbreaking book that presents dramatic new formulas and chart applications to improve
market timing.
Discover why interpreting
oscillators between a range of 0 and 100 is a costly error
Benefit from the new
Composite Index that warns when the Relative Strength Index is failing to detect a major
trend reversal
Learn how to adjust
conventional indicators for a market's natural growth and decay cycle for any trading time
horizon
This fascinating book covers
using intersecting trend lines as a timing tool, how internal price pivots can be used to
define when market spikes should be filtered for calculating Fibonacci retracements, and
how to use reverse engineering indicators for price projection. You'll learn to define
asymmetrical cycles and discover how Gann and Fibonacci took two different routes to
arrive at a common model and how you can apply their methods.
Each chapter is a separate
topic, building step-by-step through 150 charts that lead toward new methods of price
triangulation. The result will allow you to pinpoint a market objective-even in the most
extreme and volatile trading environment.
As professional traders
approach the 21century, accelerating technological change threatens to make conventional
technical studies and indicators ineffective. The growing mass of inexperienced technical
traders armed with plug-and-play technical software and rapid Internet access to the
markets has created a global trading desk. To compete in this changing environment,
professionals need radical new uses and combinations of indicators and formulas to keep
their competitive edge.
Technical Analysis for the
Trading Professional resets the scales, arming today's professional trader with new,
unique, and never-before-seen formulas and uses of key market indicators. Not a primer for
the novice, it assumes the reader's working knowledge and proficiency in technical
analysis. Look to this groundbreaking book for:
Price projection methods
derived from oscillators
A custom Derivative
Oscillator formula designed to resolve trading problems in complex market corrections or
extreme volatile trading environments
A custom Composite Index
formula that will diverge against RSI when the Relative Strength Index is failing to
detect a trend reversal
Step-by-step methods for
reverse engineering indicators for price projection
How to use intersecting trend
lines as a timing tool and weighted asymmetrical cycles
How to calculate Fibonacci
retracements and swing projections in rapidly expanding or contracting market environments
Critical trend lines that are
not derived from price highs or lows
Explanations of why common oscillators do not travel between 0 and 100 and why signals
develop in different ranges in bull versus bear markets
Price triangulation from
noncorrelated methods that pinpoint precise market objectives
Ways to use oscillators, not
price data, to develop objective Elliot Wave scenarios
Constance Brown also records
for the first time in print the price projection methods of Andrew Cardwell's Positive and
Negative Reversals derived from the Relative Strength Index. She goes on to contribute to
George Lane's Stochastics and Joe DiNapoli's price projection levels. Leaving no stone
unturned, Brown then combines them with her own substantial body of research on Gann
Analysis and custom indicators to create an impressive, exceedingly accurate new system.
Global professional traders,
frustrated by inexplicable indicator failures and capital erosion, must set themselves
apart by challenging many beliefs widely accepted as gospel in today's trading world. The
stunningly innovative and accurate Technical Analysis/or the Trading Professional will
make your technical analysis and trading more effective-and help you to establish the
trading dominance every professional trader needs to excel.
About the Author
Constance Brown, CMT, CPO, is
president of Aerodynamic Investments, Inc. She trades for the accounts of institutional
organizations and offshore investors. Brown provides a closely monitored premier daily
analysis service on the Treasury Bond and S&P markets for money center banks and
institutional traders including sophisticated, well-informed investors in Europe, Asia,
and the United States. Brown's highly influential S&P intraday price projections, once
available on Bloomberg, Reuters, Telerate, and DTN, are now accessible through the
Internet. The projections continue to be monitored by brokers on major exchanges. She is a
popular speaker at financial conventions throughout the world.
340pages