December 2011
Intermediate to advanced
384 pages
9h 49m
English
book
Technical Analysis for the Trading Professional, Second Edition: Strategies and Techniques for Today’s Turbulent Global Financial Markets, 2nd Edition
by Constance Brown
Content preview from Technical Analysis for the Trading Professional, Second Edition: Strategies and Techniques for Today’s Turbulent Global Financial Markets, 2nd EditionBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Chapter | 8PRICE OBJECTIVES DERIVED FROM POSITIVE AND NEGATIVE REVERSALS IN THE RSI
Of all the methods in the first edition, this method of recognizing positive and negative reversal signals in RSI was the most often incorrectly applied technique by early readers. Part of the problem is the change in market volatility. But the primary reason for the misunderstanding is not recognizing when a method is an analytic method versus a trading technique. I had written that this is one of the methods I use along with Fibonacci, Elliott and Gann analysis, but I never gave you a detailed example to show when a method changes its weighting and becomes far less favored when it becomes part of the decision tree for trading. Therefore, I now have the opportunity ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.