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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

AN INTEGRATED TRADING CONCEPT BASED ON TREND LINES AND TREND CHANNELS

The approach outlined here does nothing with trend lines and trend channels that is different from what every computer trading software program might be able to do as well. Based on definitive rules, this approach generates trading signals. The only difference from trading software is that here the trading rules are executed by hand for I was unable to program them

This may seem strange to analysts and traders who believe that anything generated by a computer is not worth considering. They forget that the computer is only a tool that is fast, accurate, and disciplined. But putting garbage trading rules in does not produce profitable trading rules out. Reliable trading signals generated by a hand analysis should be considered by every serious trader when reliable computer signals are not available.

In order to produce absolute return results, trading rules are needed that work on every financial instrument characterized by volatility and volume. This is why Forex instruments, stock index futures, and financial futures work consistently well on trend lines and trend channels if they are applied correctly.

Basic Features of an Integrated Approach

Trading signals based on pattern recognition are clearly identified and reproduced on charts, and thus they completely differ from black-box systems of quantitative (computer-based) analysis. In order to generate absolute return trading results, investors need to have ...

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Publisher Resources

ISBN: 9781118061237Purchase book