Advanced Charting Techniques for High Probability Trading: The Most Accurate And Predictive Charting Method Ever Created

Book description

An all-star team of trading experts describe an array of proven charting techniques to bolster any portfolio

*Purchase includes a 30-day free trial of Advanced Charting Platinum Selections software and generate returns of up to 3 percent per day.*

There are over 175 recognized technical indicators that have been developed by traders, mathematicians and chartists to help traders make more accurate predictions about the price movements of individual securities, asset classes and the market as a whole. These technical indicators are never used alone but applied in various combinations. Developed and tested over many years by the authors, the highly reliable strategies described in this book combine a variety of charting techniques, which, when used in conjunction, have been shown to yield extremely accurate predictions about a stock's movements through the four cyclical phases of Birth, Momentum, Exhaustion and Death.

  • You get powerful strategies, using a range of technical indicators, guaranteed to significantly improve your ability to more accurately—and profitably—time buy, hold and sell decisions

  • The material in this book is currently required reading for the authors' prestigious Compound Stock Earnings (CSE) charting course

  • Includes a special link to the main CSE website where you'll find a treasure trove of additional content, updates, and instructional videos and podcasts

  • Provides valuable insights and information about the Covered Call approach to trading, a style about which Joseph R. Hooper is an internationally recognized expert

Note: The ebook version does not provide access to the companion files.

Table of contents

  1. Cover Page
  2. Wiley Global Series
  3. Half Title
  4. Series Page
  5. Title Page
  6. Copyright Page
  7. Dedication
  8. Preface
  9. Chapter 1: Introduction to Advanced Charting
    1. Why Use Charting?
    2. Advanced Charting Techniques
    3. Validating the V
    4. Advanced Charting Upper and Lower Indicators
  10. Chapter 2: Straight-Line Chart
    1. Straight-Line Charting/Parallel Channels
  11. Chapter 3: Direction of a Trend
    1. Four Phases of a Cycle
    2. Moving Averages Defined
    3. Moving Average 1: Lead MA1 (White) M1
    4. Moving Average 2: M2 (Green)
    5. Moving Average 3: M3 (Blue)
  12. Chapter 4: Moving Average Crossovers
    1. M1 (White) Crossing M2 (Green)
    2. M1 (White) Crossing M2 (Green) and Then Crossing M3 (Blue)
    3. 12 Key Points of M1, M2, and M3 Crossovers
    4. Supplementary Moving Averages
  13. Chapter 5: Bollinger Bands, PSAR, Channels, Zones, and FTL
    1. PSAR
    2. Channel Indicators: C1, C2, C3
    3. Zones
    4. Friday Target Line
  14. Chapter 6: Putting It All Together: MAs and the BBs
    1. Window 1—Chart 1
  15. Chapter 7: Lower Chart Indicators L1 through L4
    1. Defining the Lower Chart Indicators
  16. Chapter 8: The Second Chart: Window 2–Chart 2
    1. Modified Candlestick
    2. Understanding the Modified Candlestick
    3. Pivot Points: Support and Resistance
    4. Lower Indicators: L5 to L8
  17. Chapter 9: Recap of Advanced Charting
    1. Entering New Positions on the Roll Up Above M2
    2. Roll Up below M2
    3. Touch/Convergence: Example 1
    4. Touch/Convergence: Example 2
    5. True V/Double V
    6. The 10-Cent Rule
    7. Entering a New Position on the Roll Up
    8. Upward Momentum Confirmed
    9. Exit the Position When Price Tic Falls Through M1
    10. TSS for Income
    11. TSS: Stacked Up with M1 Rolling Down
    12. TSS: Upward Moving M1 and Roll at M2
    13. When to Buy Back a TSS
  18. Chapter 10: RS: Advanced Charting Relative Strength Indicator
    1. Comparing the Relative Strengths
    2. Conclusion
  19. Chapter 11: Momentum Trading and Trading the Moment
    1. Momentum Trades
    2. Tomato Fields
    3. Recap of the Momentum Trade
    4. Trading the Moment
  20. About the Author
  21. 30–Day Free Trial
  22. Index

Product information

  • Title: Advanced Charting Techniques for High Probability Trading: The Most Accurate And Predictive Charting Method Ever Created
  • Author(s):
  • Release date: February 2013
  • Publisher(s): Wiley
  • ISBN: 9781118435793