
Trading Tools and Tactics
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Content
- Intro
- Trading Tools and Tactics
- Contents
- Introduction: The Journey Begins
- CHAPTER 1 Subjective Doesn't Work in the Market: Technical Analysis Is the Objective Standard
- The Guru Syndrome
- The Pitfalls of Fundamental Analysis
- Technical Indicators: Adding Subjectivity to the Chart
- Approaching the Markets Objectively
- In Summary
- CHAPTER 2 Candlestick Analysis: Using the Language of Candles to Profit from Market Moves
- A Single Candle
- Multiple Candle Formations
- Failure Is Not Always Bad
- In Summary
- CHAPTER 3 Support and Resistance: Price Is King
- Price Patterns
- Recognizing Reference Points
- The Two Forms of Support and Resistance: Major and Minor
- How Support and Resistance Areas Form
- In Summary
- CHAPTER 4 Moving Averages the Right Way: Visual Aids to Price Action
- A Valuable Technical Measurement
- Convergence Can Help
- Moving Averages as Focal Areas
- Staying Objective
- A Few Good Rules While Using Moving Averages
- Other Points to Consider
- Moving Averages to Find Plays
- In Summary
- CHAPTER 5 Volume Is Money: Commitment to Prices
- The Fallacies of Volume
- Using Volume Properly
- The Primary Uses of Volume
- Volume As It Relates to Tradability
- In Summary
- CHAPTER 6 Retracement Analysis: Using Retracement Analysis to Continue Your Move
- The Concept of Retracements
- To Retrace or Not to Retrace?
- Retracements Imply a Trend
- Continuing To Keep It Objective
- What Lies Beyond 60 Percent?
- Retracement Levels in Downtrends
- A Special Retracement Pattern
- Retracement Levels in Sideways Trends
- What Lies Beyond 100 Percent?
- The Bigger Picture
- In Summary
- CHAPTER 7 Bar-by-Bar Analysis: Each Bar Tells Us Something
- Objectivity Is Still the Goal
- A Quick Review of Individual Bars
- How the Bars Interact
- Additional Thoughts
- In Summary
- CHAPTER 8 Market Internals: Examining the Direction of the Market
- Determining Price Movement
- When to Be Different
- Favorite Market Internals
- A Quick Overview of Intermarket Analysis
- In Summary
- CHAPTER 9 Relative Strength: Relative Strength Defined
- Identifying Different Types of Relative Strength
- Is Relative Strength Always Good?
- Relative Strength and Weakness with Morning Gaps
- Relative Strength with Sector Analysis
- Relative Strength to Market Internals
- In Summary
- CHAPTER 10 The Trend Is Your Friend: There Are Only Three Directions
- What Makes a Trend?
- Pivots
- When Pivots Come Together
- Some Subjective Guidance
- Keeping It Clean
- Checking the Reaction
- Final Thoughts
- In Summary
- CHAPTER 11 Shoot the Gap: What Is a Gap?
- What Causes a Gap?
- Fallacies about Gaps
- Gaps and the Daily Chart
- The Intraday Play
- In Summary
- CHAPTER 12 Frame-by-Frame: The Concept of Multiple Time Frames
- Which Time Frames?
- The First Goal of Using Multiple Time Frames
- A Powerful Concept Emerges
- Warning Signs in the Micro Trend
- Hidden Patterns
- In Summary
- CHAPTER 13 Making Failure Work for You: Recognizing When Patterns Fail
- Did the Play Stop, or Did the Pattern Fail?
- When Good Patterns Fail
- Capitalizing on Predictable Failures
- Expected (or Unexpected) Failure
- In Summary
- CHAPTER 14 Manage the Trade and the Money: The Missing Link
- Managing the Money-Share Size
- How Much to Risk
- Managing the Money-Throughout the Day
- Considerations When Swing Trading
- Basic Trade Management Concepts
- Managing the Trade-Staying with the Trend
- Managing the Trade-Zooming Down
- In Summary
- CHAPTER 15 Getting Through a Typical Trading Day: Strategies to Incorporate into Your Daily Routine
- Beginning Your Day
- Planning Your Trade, Trading Your Plan
- After the Close
- Maximizing the Winners, and Handling the Losers Properly
- CHAPTER 16 There Is Only One Truth in the Markets
- Price Is King
- Appendix A: Abbreviations
- Appendix B: Trade Types
- Glossary
- About the Companion Website
- Index
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