Dynamic Trading Indicators: Winning with Value Charts and Price Action Profile
Dynamic Trading Indicators shows traders how to develop systems and whole trading programs that implement these exciting new tools. Through an in-depth exploration of how to effectively use these new technical indicators in a complete trading system, Dynamic Trading Indicators provides a framework that allows readers to obtain a view of what a stock will most likely do next. This innovation in chart design opens up new vistas for traders and unlocks the door to unlimited profits.
Introduction:
For all of those people who love trading or investing or simply want to gain more insight into market behavior, this book promises to offer two very powerful and exciting new tools that can be used to analyze and predict market behavior. To me, trading in the markets is like rafting through the gauntlet. The experience promises to offer a growing experience unmatched by just about anything else we encounter in daily living.
To win as a trader, one has to control and even master different areas of his or her life. For example, you might be the greatest technical analyst in the world, but if you don’t have discipline then you will probably never win over a long time period. You can’t have intelligence and succeed without courage. You can’t have discipline and succeed without a valid strategy. If becoming a great trader or investor didn’t offer the challenge and growing experience that it does, then we most likely wouldn’t be drawn to it.
Value Charts™ and Price Action Profile™ represent the most exciting breakthrough of my trading career. Consider the following definitions:
- Price: The sum of money given for the sale of something
- Value: An amount regarded as a fair equivalent for something
Contents:
- Understanding Price and Value
- Value Charts
- Price Action Profile
- Lowering Risk Exposure
- Enhancing Value Charts with Short-Term Trading Systems
- Designing Trading Systems with Value Charts
- Value Charts and Pattern Recognition
- Value Scan
- Using Dynamic Valuation for Changing Markets
- Dollar Cost Averaging with Value Charts