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Trading with Charts for Absolute Return
book

Trading with Charts for Absolute Return

by Robert Fischer
June 2011
Intermediate to advanced
240 pages
6h 42m
English
Wiley
Content preview from Trading with Charts for Absolute Return

CHAPTER 5

Absolute Return Results by Trading with the PHI-Ellipse

Previous chapters discussed how to achieve absolute return results with either trend channels and trend lines or a combination of trend channels with either support or resistance trend lines or trend reverse lines.

Working with the PHI-ellipse brings the analysis for absolute return results to a higher level. Again, it is very easy to apply the PHI-ellipse to any kind of data, once the trader knows how to handle the PHI-ellipse. But although trend lines can be drawn by hand, the PHI-ellipse can be drawn by a computer only.

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Publisher Resources

ISBN: 9781118061237Purchase book