Trading and Investing in the Forex Markets Using Chart Techniques (eBook)
226 Seiten
John Wiley & Sons (Verlag)
978-0-470-68502-0 (ISBN)
This book has been developed to demonstrate how a few relatively straight forward techniques can create a plan that does not rely on outside investment recommendations and therefore takes the emotions out of trading. The book demonstrates how to interpret the market price action in the shape of forms or patterns and Japanese candlesticks to help you:
* Find markets that are changing from bullish to bearish and from bearish to bullish
* Locate entry and exit points
* Monitor the position for signs of change.
The book provides a series of charting techniques involving the use of candlesticks as graphical representations of market price actions in the Foreign Exchange markets. It presents methods of chart technical analysis for medium to long-term investing, in a market where despite strong returns when compared with other asset types, it is difficult to realize a profitable return.
The title does not dwell on already-known 'signals' represented by candlestick formations, but concentrates instead on how to confirm these signals by applying a variety of confirmation techniques which form a step-by-step process through the chapters of the book to finish by 'Putting It All Together'.
Gareth A Burgess has over 10 years experience applying chart techniques to investment analysis creating technical views and strategies and is a dedicated private investor himself. He is founder of the chart workshop (www.chart-workshop.de), a provider of technical views for investors. His current research interests are on moving average based signals from which many trading systems are based today. Burgess studied at the University of Liverpool and the University of Konstanz, Germany, and graduated with honours. Burgess also went on to complete a Masters research degree, M.Phil.
Preface
1 Candlesticks = Signals
Introduction
Japanese Candlestick Signals
The Single Signals
Japanese Candlesticks - Double Candlestick Signals
Some Candlestick Examples
Some Further Candlestick Examples
Chart Analysis Exercise 1
Chart Analysis Exercise 1 - Answers
Summary
2 Chart Patterns = Opportunity
Continuation Patterns
Reversal Patterns
Bull Flags
Bear Flags
Bull Pennant
Bear Pennant
Bull Symmetrical Triangle
Bear Symmetrical Triangle
Bull Falling Wedge
Bear Rising Wedge
Inverted Head and Shoulders Continuation Pattern
Reversal Patterns
Bullish Head and Shoulders Reversal Pattern
Bearish Head and Shoulders Reversal Pattern
Triple Top Pattern
Triple Bottom Pattern
The Double Top Pattern
The Double Bottom Pattern
The Bullish and Bearish "V" Pattern
Bullish "V" Top
Bearish "V" Bottom
The Broadening Top and Bottom
Some Chart Pattern Examples
Chart Analysis Exercise 2
Chart Analysis Exercise 2 - Answers
Summary
3 Buying and Selling = Support and Resistance Levels
Support and Resistance
Trend Lines
Trend Line Channels
Intermediate Trend Lines
Internal Trend Lines
Pivot Lines
Predetermined Pivot Highs and Lows
Calculated Pivot Lines
Fibonacci Levels
Chart Analysis Exercise 3
Chart Analysis Exercise 3 - Answers
Chart Analysis Exercise 4
Chart Analysis Exercise 4 - Answers
Summary
4 Applying Confirmation = Confidence Building
Simple Moving Average (SMA)
Simple Moving Average Channel
Chart Analysis Exercise 5
Chart Analysis Exercise 5 - Answers
Momentum Oscillators
The RSI Oscillator
The Stochastic Oscillator (Slow)
The MACD Oscillator
Chart Analysis Exercise 6
Chart Analysis Exercise 6 - Answers
Chart Analysis Exercise 7
Chart Analysis Exercise 7 - Answers
Summary
5 Entry and Exit = Right or Wrong?
Climax Volume
Pivot Lines for Entry and Exit
High/Low/Close and High/Low Calculated Pivot Lines
Candlesticks on Short-Term Charts
Patterns on Short-Term Charts
Summary
6 Putting It All Together = Practice and Patience
Finding the Technical Picture
Creating the Watch List
Money Management
Summary
A Word on Filters
A Word on Recommendations
Final Word
Appendix
Further Reading
Index
Erscheint lt. Verlag | 1.11.2010 |
---|---|
Reihe/Serie | Wiley Trading Series |
Sprache | englisch |
Themenwelt | Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung |
Wirtschaft ► Volkswirtschaftslehre ► Finanzwissenschaft | |
Schlagworte | Börsenhandel • Börsenhandel • Finance & Investments • Finanz- u. Anlagewesen • Trading |
ISBN-10 | 0-470-68502-6 / 0470685026 |
ISBN-13 | 978-0-470-68502-0 / 9780470685020 |
Haben Sie eine Frage zum Produkt? |
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