It should prove valuable to those already practicing technical analysis and who want to take their trading to the next level. The book lays out a fairly simple mechanical system which can be implemented immediately to improve one's bottom line.
Trading the financial markets is extremely difficult, but with the right approach, traders can achieve success. Nobody knows this better than authors Larry
Pesavento and Leslie Jouflas, both traders and educators of traders, who have consistently used pattern recognition to capture profits from the markets. In Trade What You See,
Pesavento and Jouflas show traders how to identify patterns as they are developing and exactly where to place entry and exit orders.
While some patterns derive from the techniques of Wall Street's earliest traders and other patterns reflect
Pesavento's emphasis on the geometry of market movements and Fibonacci numbers.. Filled with hard-won knowledge gained through years of market experience, Trade What You Seeoutlines both a practical and sophisticated approach to trading that will be of interest to both novice and seasoned traders alike.
"Trade What You See" is an excellent guide to help traders filter through market volatility and media hype. Jouflas' and
Pesavento's latest offering is a concise overview of how to look at the markets and identify high probability, low risk trade opportunities. From Fibonacci ratios, AB=CD patterns, to trade management and trading plan, any trader can supplement their own trading style with the basic trade guidelines outlined in this book.
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