Timing Solutions for Swing Traders: A Novel Approach to Successful Trading Using Technical Analysis and Financial Astrology

Foreword

Like many practitioners, my collection of books on technical analysis has grown over the years. In the initial years, during the 1980s, when such books were few and far between, I bought almost indiscriminately. Later, as my knowledge of the markets and analytical methods grew, my purchases became more selective. This well-written book, which focuses solely on the equity markets, will occupy an important place on my bookshelf along with Robert’s first little gem of a book, Power Tools for Traders (1997).

Timing Solutions for Swing Traders has something for the novice as well as the seasoned trader. The first few chapters serve as both a learning aid for beginners and as a refresher course for the more experienced practitioner, while the latter chapters show how to combine and use the indicators and methods discussed to create a trading plan.

I found Robert’s innovative approach to multiple moving averages, which he calls the Queuing Theory of Moving Average Crossovers (QMAC), to be very interesting. I particularly liked the way he dissects the interplay of long-term moving averages to anticipate major support and resistance levels and his use of colored candlesticks to differentiate between trending and non-trending phases based on simple but effective concepts.

It is the last chapter, on financial astrology, written by Peter, that I found to be most fascinating. Having never explored this area before—and not being very esoterically inclined—I found the material quite ...