Monday, May 01, 2006
A New Look at Technical Analysis by Bob McCullough
Many new and unique ideas about technical analysis, market models, graphic tools, technical indicators, and trading methods are explored in great depth in this outstanding book. Consists of articles and studies originally written for owners of the author's Investograph Plus Software. Will give the computerized trader a deeper understanding of markets and how to analyze them more effectively than ever before.
There's big money to be made by learning how to time market trades. Timing markets means learning how to use charting and technical analysis tools. There are a number of good reference books that tell you how to calculate technical analysis indicators and how to make the necessary graphical constructions needed for analysis of charts. However, most of these books cover the same olf familar tools. Also, because so mamy tools are described in each of the well known reference books, treatment of how to use them can only be superficial. This book describes some new, powerful, and unique tools. It also probes into how to use the traditional tools with a depth not found in any other book.
Chapter 1 Market Structures 4 Cyclical Structure of Markets, Oscillators, and Price/Oscillator Divergences 6 Model of Markets Based on Chaos Theory and Using Trend Channels to Monitor Trends 15 Detecting the Ends of Trends Based on "Biased Random Walk" Market Model 18 Determining Cycle Durations 21 Chapter 2 Profitable Trading Patterns 24 Profitable Patterns In Oscillator Plots 25 More Profitable Patterns In Oscillator Plots 28 Creation of Elliott Wave Sequences By Market Cycles 31 Several Japanese Candlestick Reversal Patterns 34 Support and Resistance Levels 37 Chapter 3 Making Money With Oscillators 40 Extracting Cycles from Prices Using Centered Moving Averages and 42 Plotting "Least Squares" Extracted Cycles Calculating and Using Wilder's Relative Strength Index 45 Calculating and Using the Stochastic Oscillator 48 Calculating and Using the Commodity Channel Index 51 Using Formula X, Formula Y, and Formula H 54 "Looking Into the Future" with Least Squares Extracted Cycles 57 Using the Price Chart and Least Squares Momentum to Coordinate 60 Oscillator Signals with the Underlying Trend Coordinating the Price Chart with Formula X to Determine the Direction of the Underlying Trend and Stop Loss Prices 63 Chapter 4 Envelope Analysis 66 Using Moving Average and Standard Deviation Envelopes to Get the Best Prices 67 Projecting the "Next Bar" on a Price Chart 70 Using "Look Ahead" Envelopes to Evaluate Vertical Credit Spreads for Options 73 Using "Look Ahead" Envelopes to Determine Entry, Exit, and Stop Loss Prices for the "Next Bar" 78 Using "Look Ahead" Envelopes to Estimate the"Next Bar's" High and Low 81 Using "Look Ahead" Envelopes to Estimate theLocation of the End Points of a Trend Channel that Includes the "Next Bar's" Data 84 Chapter 5 Graphical Tools 87 Constructing Andrews Pitchforks 88 Constructing Trend Channels with Statistical Analysis 91 Adjusting Trend Channel Widths to Project Outer Limits of Prices 96 Fibonacci Time Lines 99 Chapter 6 Trading Systems 102 Volatility Driven Trading Systems 103 The Volatility Breakout System 106 Reducing Drawdowns by Trading the Equity Curve 109 Anticipating Exit and Entry Prices When Trading the Equity Curve 114 The Three Point Trading System 117 Trading with Martingale Money Management and "Look Ahead" Envelopes 120 More About Martingale Money Management and "Look Ahead" Envelopes 123 Chapter 7 Trading Mutual Funds 126 Using Alpha and Beta When Trading Mutual Funds with a Long Time Horizon 127 Intermediate and Short Term Mutual Fund Trading 130 Trading Sector Mutual Funds 133 Chapter 8 Using Comparison Charts 137 Using Relative Strength (Comparison) Charts to Reduce Risk 138 Least Squares Momentum with Relative Strength (Comparison) Charts 141 Chapter 9 Miscellaneous Topics 145 Filtering Oscillator Signals 146 Equivolume Charts and the Cumulative Ease-of-Movement Indicator 149 Using the Cumulative Ease-of-Movement Indicator 152 Spread Trading with a Special Spread Oscillator 155 Smoothing Data with TRIX 158 Time Shifting of Price Waves and Using Two Different Duration Oscillators to Take Advantage of This Phenomenon 161 Using Moving Averages for Exits from Momentum Driven Stocks 164 Chapter 10 Trading Psychology 168 Chapter 11 Getting Ready for the Opening Bell 172
http://store.yahoo.com/stockcharts/newloatteanb.html
There's big money to be made by learning how to time market trades. Timing markets means learning how to use charting and technical analysis tools. There are a number of good reference books that tell you how to calculate technical analysis indicators and how to make the necessary graphical constructions needed for analysis of charts. However, most of these books cover the same olf familar tools. Also, because so mamy tools are described in each of the well known reference books, treatment of how to use them can only be superficial. This book describes some new, powerful, and unique tools. It also probes into how to use the traditional tools with a depth not found in any other book.
Chapter 1 Market Structures 4 Cyclical Structure of Markets, Oscillators, and Price/Oscillator Divergences 6 Model of Markets Based on Chaos Theory and Using Trend Channels to Monitor Trends 15 Detecting the Ends of Trends Based on "Biased Random Walk" Market Model 18 Determining Cycle Durations 21 Chapter 2 Profitable Trading Patterns 24 Profitable Patterns In Oscillator Plots 25 More Profitable Patterns In Oscillator Plots 28 Creation of Elliott Wave Sequences By Market Cycles 31 Several Japanese Candlestick Reversal Patterns 34 Support and Resistance Levels 37 Chapter 3 Making Money With Oscillators 40 Extracting Cycles from Prices Using Centered Moving Averages and 42 Plotting "Least Squares" Extracted Cycles Calculating and Using Wilder's Relative Strength Index 45 Calculating and Using the Stochastic Oscillator 48 Calculating and Using the Commodity Channel Index 51 Using Formula X, Formula Y, and Formula H 54 "Looking Into the Future" with Least Squares Extracted Cycles 57 Using the Price Chart and Least Squares Momentum to Coordinate 60 Oscillator Signals with the Underlying Trend Coordinating the Price Chart with Formula X to Determine the Direction of the Underlying Trend and Stop Loss Prices 63 Chapter 4 Envelope Analysis 66 Using Moving Average and Standard Deviation Envelopes to Get the Best Prices 67 Projecting the "Next Bar" on a Price Chart 70 Using "Look Ahead" Envelopes to Evaluate Vertical Credit Spreads for Options 73 Using "Look Ahead" Envelopes to Determine Entry, Exit, and Stop Loss Prices for the "Next Bar" 78 Using "Look Ahead" Envelopes to Estimate the"Next Bar's" High and Low 81 Using "Look Ahead" Envelopes to Estimate theLocation of the End Points of a Trend Channel that Includes the "Next Bar's" Data 84 Chapter 5 Graphical Tools 87 Constructing Andrews Pitchforks 88 Constructing Trend Channels with Statistical Analysis 91 Adjusting Trend Channel Widths to Project Outer Limits of Prices 96 Fibonacci Time Lines 99 Chapter 6 Trading Systems 102 Volatility Driven Trading Systems 103 The Volatility Breakout System 106 Reducing Drawdowns by Trading the Equity Curve 109 Anticipating Exit and Entry Prices When Trading the Equity Curve 114 The Three Point Trading System 117 Trading with Martingale Money Management and "Look Ahead" Envelopes 120 More About Martingale Money Management and "Look Ahead" Envelopes 123 Chapter 7 Trading Mutual Funds 126 Using Alpha and Beta When Trading Mutual Funds with a Long Time Horizon 127 Intermediate and Short Term Mutual Fund Trading 130 Trading Sector Mutual Funds 133 Chapter 8 Using Comparison Charts 137 Using Relative Strength (Comparison) Charts to Reduce Risk 138 Least Squares Momentum with Relative Strength (Comparison) Charts 141 Chapter 9 Miscellaneous Topics 145 Filtering Oscillator Signals 146 Equivolume Charts and the Cumulative Ease-of-Movement Indicator 149 Using the Cumulative Ease-of-Movement Indicator 152 Spread Trading with a Special Spread Oscillator 155 Smoothing Data with TRIX 158 Time Shifting of Price Waves and Using Two Different Duration Oscillators to Take Advantage of This Phenomenon 161 Using Moving Averages for Exits from Momentum Driven Stocks 164 Chapter 10 Trading Psychology 168 Chapter 11 Getting Ready for the Opening Bell 172
http://store.yahoo.com/stockcharts/newloatteanb.html