Product 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.

Product Details

• Amazon Sales Rank: #66367 in Books
• Published on: 1999-04-01
• Original language: English
• Number of items: 1
• Binding: Hardcover
• 341 pages

From the Back Cover
In today's rapidly advancing technical environment, Technical Analysis for the Trading Professional is the groundbreaking book that presents dramatic new formulas and chart applications to improve market timing. Discover why interpreting oscillators between a range of 0 and 100 is a costly error. Benefit from the new Composite index that warns when the Relative Strength index is failing to defect a major trend reversal. Learn how to adjust conventional indicators for a market's natural growth and decay cycle for any trading time horizon. This fascinating book covers using intersecting trend lines as a timing cool, how internal price pivots can be used to define when market spikes should be filtered for calculating Fibonacci retracements, and how to ue reverse engineering indicators for price projection. You'll learn to define asymmetrical cycles and discover how Gann and Fibonacci took two different routes to arrive at a common model and how you can apply their methods. Each chapter is a separate topic, building step-by-step through 150 charts that lead toward new methods of price triangulation. The result will allow you to pinpoint a market objective--even in the most extreme and volatile trading environment.

About the Author
Constance Brown, CMT, CPO, is president of Aerodynamics Investments, Inc., and Aerodynamic Fund, Ltd. She trades for the accounts of institutional organizations and offshore investors. Brown provides a closely monitored premier daily analysis service on the Treasury Bond and S&P markets for money center banks and institutional traders including sophisticated, well-informed investors in Europe, Asia, and the United States. Brown's highly influential S&P intraday price projections, once available on Bloomberg, Reuters, Telerate, and DTN, are now accessible through the Internet. The projections continue to be monitored by brokers on major exchanges. She is a popular speaker at financial conventions throughout the world.

Customer Reviews

In-depth technical study marred by deceitful marketing ploy
The book cover jacket states,"Look into this book for: A custom composite index formula that will diverge against RSI.." This is also stated on the back cover and with front cover chart examples. Unfortunately the author reneges on this claim in the body of this book only to show the potential of the indicator and direct the reader to her web site that charges $5500.00 for a few select traders to whom she will reveal this information. I have no problem with technicians keeping their proprietary studies to themselves, but this book deceitfully makes an offer, accepts payment and does not deliver. This seems to me like a deceptive marketing ploy that mars what is an obviously perceptive and in-depth study of technical indicators in the futures industry. It is suprising that the renowned George C. Lane would give this his Foreward and support.

One of the best
I have been in the business for over fifteen years now and can confidently say that this book has changed the way I approach the markets in my everday trading. Ms. Browns book will open your eyes to new ways to analyze common indicators, while she also reveals some very powerful propietary indicators. The book contains a wealth of new information and is a must read for any serious student of technical analysis..

Excellent contribution to subject of technical analysis
Technical Analysis for the Trading Professional is a book that I keep close at hand when I am preparing to trade. It's allowed me to look at the use and application of all indicators: oscillators, moving averages, trendlines etc., in entirely new ways. Although the book is advertised as being for the "Trading Profesional" the material is presented in such a thorough way that any serious student will gain much useful knowledge from the pages. If you are a follower of Elliott, Gann or Fibonacci analysis the information provided is a new slant on practical and very useful application of those theories. Its one of the books in my financial library that I recommend as an absolute "must read".