Description of Technical Analysis for the Trading Professional
"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.
Contents of Technical Analysis for the Trading Professional
PART I: Dispelling Some Common Beliefs about Indicators
1. Oscillators Do Not Travel Between 0 and 100
2. Dominant Trading Cycles Are Not Time Symmetrical
3. Choosing and Adjusting Period Setup for Oscillators
4. Dominant Trend Lines Are Not Always From Extreme Price Highs or Lows
5. Signals From Moving Averages Are Frequently Absent in Real-Time Charts
PART II: Calculating Market Price Objectives
6. Adjusting Traditional Fibonacci Projections for High-Probability Targets
7. Price Projections by Reverse-Engineering Indicators
8. Price Objectives Derived from Positive and Negative Reversals in RSI
9. Calculating Price and Time Objectives from a Gann Wheel
10. Using Oscillators with the Elliott Wave Principle
PART III: New Methods for Improving Indicator Timing and Filtering Premature Signals
11. Volatility Bands on Oscillators
12. The Composite Index
13. Evaluating the Comparative Strengths and Weaknesses of Common Indicators
14. The derivative Oscillator
Appendices
A. Real-Time Application: Japanese Yen
B. Real-Time Application: Asian and European Equity Indices
C. Real-Time Application: S&P/Bond Market
D. Formulas
E. Aerodynamic Fund, Ltd and Aerodynamic Fund, L.P.