John Person introduced traders to the concept of integrating candlestick charting with pivot point analysis. Now, in Candlestick and Pivot Point Trading Triggers, he goes a step further and shows you how to devise your own setups and triggers—in the stock, forex, and futures markets—based on a moving average approach. It is a must read for any trader

With instant electronic market access and powerful financial tools at their disposal, today's "technician"—one who practices the art of technical analysis—has more opportunities than ever before to profitably trade in a variety of markets. But in order to truly excel, you need a method that will allow you to identify market moves, and strategies that will allow you to make the most of those moves.

With the tools and techniques outlined in this book you'll be able to put together a trading plan that consistently helps you yield profits. The more you know about candlesticks patterns and emotions behind them the better trading decisions you might be reaching.

John Person has been in the trading business for almost thirty years—as a broker, a trader, and a teacher of traders. During this time, he's refined his trading skills and, by using candlestick formations in conjunction with pivot points, developed a reliable methodology that will help you make smarter trades with less risk.

Person also fully discloses some of his proprietary setups, such as the high close doji, the low close doji, and the jack hammer pattern, complete with rules on the entries and exits to help you identify high probability trades.

Filled with in-depth insights and expert advice, this comprehensive guide:
* Examines the methodology of pivot point analysis and how it can be applied to different markets
* Shows you what to look for when reading candlestick charts and why you should rely on price rather than indicators
* Discusses how to find certain setups and explains what triggers a call to trading action
* Walks you through the various types of stop orders, including when and where to place them
* Illustrates how back testing your methods can help uncover the strengths and weaknesses ofyour system

Person also fully discloses some of his proprietary setups, such as the high close doji, the low close doji, and the jack hammer pattern, complete with rules on the entries and exits to help you identify high probability trades. This book is one of the very few explaining pivot point - very useful tool indeed. Using high closing and low closing doji with pivot point will not make you a perfect trader, but will allow to avoid disasters being to hasty (or too greedy ) in your decisions. Bottom line of any trading is discipline - and this book is trying to teach this showing how to develop and use very simple system.

Download:

8 November 2009 20:35 | ICQ: -- |

7 December 2009 19:45 | ICQ: -- |