Trading the Measured Move

Trading the Measured Move

The book offers a step-by-step blueprint for creating a trading plan built upon a dynamic framework of fundamental principles flexible enough to support an individual's trading personality.

Author: David Halsey

Publisher: John Wiley & Sons

ISBN: 9781118251836

Category: Business & Economics

Page: 224

View: 829

A timely guide to profiting in markets dominated by high frequency trading and other computer driven strategies Strategies employing complex computer algorithms, and often utilizing high frequency trading tactics, have placed individual traders at a significant disadvantage in today's financial markets. It's been estimated that high-frequency traders—one form of computerized trading—accounts for more than half of each day's total equity market trades. In this environment, individual traders need to learn new techniques that can help them navigate modern markets and avoid being whipsawed by larger, institutional players. Trading the Measured Move offers a blueprint for profiting from the price waves created by computer-driven algorithmic and high-frequency trading strategies. The core of author David Halsey's approach is a novel application of Fibonnaci retracements, which he uses to set price targets and low-risk entry points. When properly applied, it allows traders to gauge market sentiment, recognize institutional participation at specific support and resistance levels, and differentiate between short-term and long-term trades at various price points in the market. Provides guidance for individual traders who fear they can't compete in today's high-frequency dominated markets Outlines specific trade set ups, including opening gap strategies, breakouts and failed breakout strategies, range trading strategies, and pivot trading strategies Reveals how to escape institutional strategies designed to profit from slower-moving market participants Engaging and informative, Trading the Measured Move will provide you with a new perspective, and new strategies, to successfully navigate today's computer driven financial markets
Categories: Business & Economics

Trading Basics

Trading Basics

Evolution of a Trader Thomas N. Bulkowski. Measured Move supporT and resisTance Before I discuss the various tests used to measure support and resistance, look at turns DAEF. Point D begins the move down from a small peak.

Author: Thomas N. Bulkowski

Publisher: John Wiley & Sons

ISBN: 9781118464212

Category: Business & Economics

Page: 208

View: 608

Comprehensive coverage of the four major trading styles Evolution of a Trader explores the four trading styles that people use when learning to trade or invest in the stock market. Often, beginners enter the stock market by: Buying and holding onto a stock (value investing). That works well until the trend ends or a bear market begins. Then they try Position trading. This is the same as buy-and-hold, except the technique sells positions before a significant trend change occurs. Swing trading follows when traders increase their frequency of trading, trying to catch the short-term up and down swings. Finally, people try Day trading by completing their trades in a single day. This series provides comprehensive coverage of the four trading styles by offering numerous tips, sharing discoveries, and discussing specific trading setups to help you become a successful trader or investor as you journey through each style. Trading Basics takes an in-depth look at money management, stops, support and resistance, and offers dozens of tips every trader should know. Fundamental Analysis and Position Trading discusses when to sell a buy-and-hold position, uncovers which fundamentals work best, and uses them to find stocks that become 10-baggers—stocks that climb by 10 times their original value. Swing and Day Trading reveals methods to time the market swings, including specific trading setups, but it covers the basics as well, such as setting up a home trading office and how much money you can make day trading.
Categories: Business & Economics

Getting Started in Chart Patterns

Getting Started in Chart Patterns

Trade a measured move once the corrective phase completes. See “MMD and MMU Trading Tips.” ○ Try using measured moves to estimate the price move. See “MMD and MMU Trading Tips.” ○ Watch for overhead resistance setup by a trendline ...

Author: Thomas N. Bulkowski

Publisher: John Wiley & Sons

ISBN: 9781118859209

Category: Business & Economics

Page: 368

View: 160

"Chart pattern analysis is not only one of the most important investing tools, but also one of the most popular. Filled with in-depth insights and practical advice, Getting Started in Chart Patterns, 2nd Edition is designed to help both new and seasoned traders profit by tracking and identifying specific chart patterns. In this second edition, expert Thomas Bulkowski: Opens with a basic discussion of chart pattern formation and how bad habits can hurt trading. Introduces more than 40 key chart formations as well as numerous trading tactics that can be used in conjunction with them Showcases specifics (actual trades with dollar amounts) outlined throughout the book and the frank discussions of how trading behavior can affect the bottom line Now includes additional charts in exchange-traded funds (ETFs) and mutual funds Alongside the technical information, Bulkowski includes anecdotes from his own trading experiences to shed light on how one of the best in the business goes about trading with chart patterns. Getting Started in Chart Patterns, 2nd Edition is an accessible guide to understanding and using these technical chart patterns"--
Categories: Business & Economics

Trading Price Action Trading Ranges

Trading Price Action Trading Ranges

A measured move is a swing that is equal in size to a prior swing in the same direction. You estimate how far the market will go on its second attempt based on how far it went on its first. Why do measured moves work?

Author: Al Brooks

Publisher: John Wiley & Sons

ISBN: 9781118172339

Category: Business & Economics

Page: 624

View: 431

Praise for Trading Price Action Trading Ranges "Al Brooks has written a book every day trader should read. Onall levels, he has kept trading simple, straightforward, andapproachable. By teaching traders that there are no rules, justguidelines, he has allowed basic common sense to once again rulehow real traders should approach the market. This is a must-readfor any trader that wants to learn his own path to success." —Noble DraKoln, founder, SpeculatorAcademy.com, and author ofTrade Like a Pro and Winning the Trading Game "A great trader once told me that success was a function offocused energy. This mantra is proven by Al Brooks, who left athriving ophthalmology practice to become a day trader. Al'sintense focus on daily price action has made him a successfultrader. A born educator, Al also is generous with his time,providing detailed explanations on how he views daily price actionand how other traders can implement his ideas with similar focusand dedication. Al's book is no quick read, but an in-depth roadmap on how he trades today's volatile markets, complete withdetailed strategies, real-life examples, and hard-knocksadvice." —Ginger Szala, Publisher and Editorial Director, Futuresmagazine Over the course of his career, author Al Brooks, a technicalanalysis contributor to Futures magazine and an independenttrader for twenty-five years, has found a way to capture consistentprofits regardless of market direction or economic climate. Andnow, with his new three-book series—which focuses on how touse price action to trade the markets—Brooks takes you stepby step through the entire process. In order to put his methodology in perspective, Brooks examinedan essential array of price action basics and trends in the firstbook of this series, Trading Price Action TRENDS. Now, inthis second book, Trading Price Action TRADING RANGES, heprovides important insights on trading ranges, breakouts, ordermanagement, and the mathematics of trading. Page by page, Brooks skillfully addresses how to spot and profitfrom trading ranges—which most markets are in, most of thetime—using the technical analysis of price action. Along theway, he touches on some of the most important aspects of thisapproach, including trading breakouts, understanding support andresistance, and making the most informed entry and exit decisionspossible. Throughout the book, Brooks focuses primarily on 5 minutecandle charts—all of which are created withTradeStation—to illustrate basic principles, but alsodiscusses daily and weekly charts. And since he trades more thanjust E-mini S&P 500 futures, Brooks also details how priceaction can be used as the basis for trading stocks, forex, TreasuryNote futures, and options.
Categories: Business & Economics

Profitable Day and Swing Trading

Profitable Day and Swing Trading

Using Price / Volume Surges and Pattern Recognition to Catch Big Moves in the Stock Market Harry Boxer ... Using the Measured Move Method During my 50‐plus years of trading experience, I have found that stocks tend to move in similar ...

Author: Harry Boxer

Publisher: John Wiley & Sons

ISBN: 9781118714898

Category: Business & Economics

Page: 160

View: 675

Harry Boxer's proven techniques for short-term traders Written in easy-to-understand language, Profitable Day andSwing Trading + Website explains the trading tactics that drawon price, volume, and pattern recognition. Highly regarded traderHarry Boxer offers the information needed to recognize chartpatterns, identify trades, and execute entries and exits that willmaximize profits and limit losses. Boxer also reveals his conceptof price-volume surges as the key to identifying the most lucrativetrades. Throughout the book, Boxer describes his routine forpreparing for each trading day, selecting stocks to monitor, andhow he keeps track of prices and executes trades. Step by step, this indispensible resource provides thestrategies for opening range gaps, the breakouts, and thetechniques that have sustained Boxer during his storied Wall Streetcareer. Most notably, he reveals how to trade rising channelsfollowing an opening gap or high-volume breakout. Boxer also showshow his strategies can be applied for both day trading and swingtrading. Offers the winning strategies for day and swing traders Shows how to recognize the signs and patterns that will lead tosuccessful trades Reveals how to spot a technical price "event" on highvolume Written by acclaimed trader Harry Boxer who has more than 45years of successful trading experience For anyone who wants to tap into acclaimed trader Harry Boxer'swinning tactics, this book has it all.
Categories: Business & Economics

Trading Price Action Reversals

Trading Price Action Reversals

The bottom was just past the measured move target based on the height of the upper trading range. The move up to bar 17 had 12 bull bodies, small tails, and only a couple of bull bodies and was strong enough to be considered a spike by ...

Author: Al Brooks

Publisher: John Wiley & Sons

ISBN: 9781118172308

Category: Business & Economics

Page: 576

View: 726

A detailed guide to profiting from trend reversals using thetechnical analysis of price action The key to being a successful trader is finding a system thatworks and sticking with it. Author Al Brooks has done just that. Bysimplifying his trading system and trading only 5-minute pricecharts he's found a way to capture profits regardless of marketdirection or economic climate. His first book, Reading PriceCharts Bar by Bar, offered an informative examination of hissystem, but it didn't allow him to get into the real nuts and boltsof the approach. Now, with this new series of books, Brooks takesyou step by step through the entire process. By breaking down his trading system into its simplest pieces:institutional piggybacking or trend trading, trading ranges, andtransitions or reversals (the focus of this book), thisthree book series offers access to Brooks' successful methodology.Trading Price Action Reversals reveals the various types ofreversals found in today's markets and then takes the time todiscuss the specific characteristics of these reversals, so thatyou can use them in your everyday trading endeavors. While priceaction analysis works on all time frames, there are differenttechniques that you can use in trading intraday, daily, weekly andmonthly charts. This, among many other issues, is also addressedthroughout these pages. Offers insights on how to handle volatility and sharpreversals Covers the concept of using options when trading certaincharts Examines how to deal with the emotions that come along withtrading Other books in the series include Trading Price ActionTrends and Trading Price Action Trading Ranges If you're looking to make the most of your time in today'smarkets the trading insights found in Trading Price ActionReversals will help you achieve this goal.
Categories: Business & Economics

Fundamental Analysis and Position Trading

Fundamental Analysis and Position Trading

Evolution of a Trader Thomas N. Bulkowski. CD will be almost parallel, but with CD often rising at a shallower angle. Measured moves are fractal. In other words, they sometimes appear embedded within a larger measured move.

Author: Thomas N. Bulkowski

Publisher: John Wiley & Sons

ISBN: 9781118508756

Category: Business & Economics

Page: 320

View: 332

Comprehensive coverage of the four major trading styles Evolution of a Trader explores the four trading styles thatpeople use when learning to trade or invest in the stock market.Often, beginners enter the stock market by: Buying and holding onto a stock (value investing). That workswell until the trend ends or a bear market begins. Then theytry Position trading. This is the same as buy-and-hold, except thetechnique sells positions before a significant trend changeoccurs. Swing trading follows when traders increase their frequency oftrading, trying to catch the short-term up and down swings.Finally, people try Day trading by completing their trades in a single day. This series provides comprehensive coverage of the four tradingstyles by offering numerous tips, sharing discoveries, anddiscussing specific trading setups to help you become a successfultrader or investor as you journey through each style. Trading Basics takes an in-depth look at moneymanagement, stops, support and resistance, and offers dozens oftips every trader should know. Fundamental Analysis and Position Trading discusses whento sell a buy-and-hold position, uncovers which fundamentals workbest, and uses them to find stocks that become10-baggers—stocks that climb by 10 times their originalvalue. Swing and Day Trading reveals methods to time the marketswings, including specific trading setups, but it covers the basicsas well, such as setting up a home trading office and how muchmoney you can make day trading.
Categories: Business & Economics

Trading Price Action Trends

Trading Price Action Trends

You should also look for other possible measured move projections as well, because if the market tries to reverse within a couple of ticks of one of these magnets, it should increase your confidence to take the trade.

Author: Al Brooks

Publisher: John Wiley & Sons

ISBN: 9781118166253

Category: Business & Economics

Page: 480

View: 723

A practical guide to profiting from institutional trading trends The key to being a successful trader is finding a system that works and sticking with it. Author Al Brooks has done just that. By simplifying his trading system and trading only 5-minute price charts he's found a way to capture profits regardless of market direction or economic climate. His first book, Reading Price Charts Bar by Bar, offered an informative examination of his system, but it didn't allow him to get into the real nuts and bolts of the approach. Now, with this new series of books, Brooks takes you step by step through the entire process. By breaking down his trading system into its simplest pieces: institutional piggybacking or trend trading (the topic of this particular book in the series), trading ranges, and transitions or reversals, this three book series offers access to Brooks' successful methodology. Price Action Trends Bar by Bar describes in detail what individual bars and combinations of bars can tell a trader about what institutions are doing. This is critical because the key to making money in trading is to piggyback institutions and you cannot do that unless you understand what the charts are telling you about their behavior. This book will allow you to see what type of trend is unfolding, so can use techniques that are specific to that type of trend to place the right trades. Discusses how to profit from institutional trading trends using technical analysis Outlines a detailed and original trading approach developed over the author's successful career as an independent trader Other books in the series include Price Action Trading Ranges Bar by Bar and Price Action Reversals Bar by Bar If you're looking to make the most of your time in today's markets the trading insights found in Price Action Trends Bar by Bar will help you achieve this goal.
Categories: Business & Economics

Reading Price Charts Bar by Bar

Reading Price Charts Bar by Bar

RIMM had a sharp move up to Bar 2 in Figure 7.2 after an Opening Reversal reversed yesterday's low (a trend channel ... FIGURE 7.2 Measured Move from the Middle of a Trading Range FIGURE 7.3 Measured Moves Based on Thin Areas FIGURE 7.4.

Author: Al Brooks

Publisher: John Wiley & Sons

ISBN: 9780470443958

Category: Business & Economics

Page: 432

View: 266

While complex strategies and systems may work for some traders, understanding price action is all you really need to succeed in this arena. Price action analysis is an effective approach to trading today's markets—whether you're involved in stocks, futures, or options. It allows you to focus on the process of trading without being overwhelmed by a complicated collection of trading techniques. And while this method may appear elementary, it can significantly enhance returns as well as minimize downside risk. One way to apply price action analysis to your trading endeavors is with chart patterns. Nobody understands this better than author Al Brooks, a technical analyst for Futures magazine and an independent trader for more than twenty years. Brooks discovered ten years ago that reading price charts without indicators proved to be the most simple, reliable, and profitable way for him to trade. Mastering that discipline is what made him consistently successful in trading. Now, with Reading Price Charts Bar by Bar, Brooks shares his extensive experience on how to read price action. At the end of the day, anyone can look at a chart, whether it is a candle chart for E-mini S&P 500 futures trading or a bar chart for stock trading, and see very clear entry and exit points. But doing this in real time is much more difficult. Reading Price Charts Bar by Bar will help you become proficient in the practice of reading price action—through the use of trendlines and trend channel lines, prior highs and lows, breakouts and failed breakouts, and other tools—and show you how this approach can improve the overall risk-reward ratio of your trades. Written with the serious trader in mind, this reliable resource addresses the essential elements of this discipline, including the importance of understanding every bar on a price chart, why particular patterns are reliable setups for trades, and how to locate entry and exit points as markets are trading in real time. Brooks focuses on five-minute candle charts to illustrate basic principles, but discusses daily and weekly charts as well. Along the way, he also explores intraday swing trades on several stocks and details option purchases based on daily charts—revealing how using price action alone can be the basis for this type of trading. There's no easy way to trade, but if you learn to read price charts, find reliable patterns, and get a feel for the market and time frame that suits your situation, you can make money. While price action trading doesn't require sophisticated software or an abundance of indicators, this straightforward approach can still put you in a better position to profit in almost any market. Reading Price Charts Bar by Bar will show you how.
Categories: Business & Economics

A Complete Guide to the Futures Market

A Complete Guide to the Futures Market

Technical Analysis, Trading Systems, Fundamental Analysis, Options, Spreads, and Trading Principles Jack D. Schwager ... Although the measured move concept is so simple that it strains credibility, the approach offers reasonable ...

Author: Jack D. Schwager

Publisher: John Wiley & Sons

ISBN: 9781118853757

Category: Business & Economics

Page: 720

View: 381

Focusing on price-forecasting in the commodity futures market, this is the most comprehensive examination of fundamental and technical analysis available. This guide treats both approaches in depth, with forecasting examined in conjunction with practical trading considerations including spread trading, option trading, and more. Schwager is the starting point for any serious reading on futures and options trading. Well-written and clear, and truly encyclopedic in scope: every conceivable options trade, with all permutations thereof, is discussed and dissected, even inadvisable ones.
Categories: Business & Economics