Technical Analysis for the Trading Professional, Second Edition: Strategies and Techniques for Today’s Turbulent Global Financial Markets (PROFESSIONAL FINANCE & INVESTM) - Hardcover

Brown, Constance M.

Hardcover

ISBN 10: 007175914X ISBN 13: 9780071759144

Publisher: McGraw Hill, 2012

Synopsis

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 howGann 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.

About this title

Book Description:

"There are fifteen major breakthroughs in technical analysis! SEVEN of these breakthroughs are new, never-before-revealed material!" - George Lane, Stochastics Originator. As professional traders approach the 21st century, accelerating technological change threatens to make conventional technical studies and indicators ineffective. To compete in this changing environment, these professionals need radical new uses and combinations of indicators and formulas to keep their competitive edge. Not a primer for the novice, 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 and techniques.

From the Back Cover:

Now in its second decade, Technical Analysis for the Trading Professional is the number-one go-to guide for market technicians seeking to improve their market timing skills with the most up-to-date tools and techniques. This second edition provides an updated look at unique formulas and key indicators, while retaining all the foundational material that made the previous edition an instant classic.

Technical Analysis for the Trading Professional has been enhanced and expanded to bring you fully up to date on all the essentials, including:

• Dominant trading cycles
• Moving averages
• Fibonacci projections
• Gann Analysis
• Relative Strength Index and stochastics
• Dominant trend lines
• Price projections
• Elliott Wave Principle
• Volatility bands
• Composite Index

About this edition

• Publisher: McGraw Hill
• Publication date: 2012
• ISBN 10: 007175914X
• ISBN 13: 9780071759144
• Binding: Hardcover
• Edition number: 2
• Number of pages: 464