Trading The Technicals
Essential Strategies to Give You the Edge in the Financial Markets
Book
Paperback/Softback
978-0-85719-315-5 (ISBN)
Description
Technical analysis has evolved into the discipline of choice for traders who wish to extract profits from the financial markets in the most effective and systematic manner possible. Based upon identifying patterns on financial price charts, technical analysis relies upon a wide range of tools - primarily chart drawings and mechanical indicators - that help to inform high-probability trading decisions. This book will provide an in-depth overview of these tools, providing both detailed descriptions as well as comprehensive chart examples that illustrate real world market applications.
More details
Person
James Chen has been a currency trader from around the inception of the retail forex market and we believe that he is one of the most highly respected technical analysts in the retail trading industry today. James has been a prominent speaker on a variety of business programmes and has authored several books.
Content
PART A - INTRODUCTION Chapter 1. The Definition of Technical Analysis A. Price and Volume B. Financial Markets C. Charting Types D. Overview of Tools and Techniques E. Technical vs. Fundamental Chapter 2. A Short History of Technical Analysis A. Ancient Markets B. Reading the Tape C. Charting by Hand D. Computers Emerge E. Automated and Algorithmic Trading PART B - TECHNICAL ANALYSIS THEORY Chapter 3. Support and Resistance - the Foundations of Technical Analysis A. Floors and Ceilings B. Static vs. Dynamic C. Bounce or Breakout D. Why Levels Work E. Fakeouts and Filters Chapter 4. The Trend - What it is and How to Find it A. An Object in Motion B. Mass Psychology and Market Momentum C. Different Time Frames, Different Trends D. Trend Pullbacks and Retracements E. Measuring Trends with Trend Lines and Channels Chapter 5. Chart Patterns - Shapes that Foresee Opportunity A. The Meaning Behind Market Patterns B. Consolidation or Reversal C. The Continuation Patterns D. The Reversal Patterns E. Playing Pattern Breakouts Chapter 6. Candlesticks - The Bulls, the Bears, and the Shadows A. Candlestick Structure B. Candles vs. Bars and Lines C. The Key Concept of Shadows/Wicks D. Single-Candle Patterns E. Multiple Candle Patterns Chapter 7. The Top Indicators - Moving Averages, Bands, and Oscillators A. The Lag of Indicators B. Extended Family of Moving Averages C. Other Trend Indicators D. Volatility Indicators E. The Oscillators Chapter 8. Fibonacci - Retracements and Extensions A. The Golden Ratio B. Science, Nature, Music, and ... Financial Markets C. The Magic of Numbers D. Fibonacci Retracements E. Fibonacci Extensions and Expansions Chapter 9. Elliott Wave - Market Structure A. The Appeal of Riding Market Waves B. Elliott Wave Rules and Market Structure C. Waving Hello to Trading Profits Chapter 10. Volume A. What Volume Measures B. How Volume Helps C. Trading in Markets without Volume PART C - PUTTING TECHNICAL ANALYSIS INTO PRACTICE Chapter 11. Trends, Pullbacks, and Breakouts A. The T.P.B. Approach to Trading B. Identifying the Trend C. Watching for a Pullback D. Trading the Breakout E. T.P.B. Risk Management Chapter 12. Multiple Time Frame Analysis A. Multiple Time Frames, Multiple Signals B. Seeking Agreement amongst Time Frames C. Gaining an Edge through Multiple Time Frame Analysis Chapter 13. Confluence and Confirmation A. The Importance of Seeking Confirmation through Confluence B. Technical Tools Used for Confluence C. Putting Confluence to Work Chapter 14. Advanced Technical Analysis Strategies and Approaches A. Trend Following Strategies B. Mean Reversion Strategies C. Scalping the Market D. Strategy Testing - Backward and Forward E. Automated Trading Chapter 15. Conclusion - Putting it all Together A. Paralysis by Analysis B. Keeping it Simple C. Trusting Your Technical Analysis Tools and Techniques D. All About Risk E. The Psychology of Trading