November 2012
Intermediate to advanced
352 pages
7h 45m
English
Content preview from Visual Guide to Chart Patterns
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Swing Rule
If you are a swing trader, the swing rule could be better for you than going vegetarian, but probably not. In up trends, it accurately predicts when price is going to peak 80 percent of the time.
I found out about the swing rule when I read Secrets for Profiting in Bull and Bear Markets (Weinstein, 1988). This chapter discusses the technique and test results.
The inset of Exhibit 28.1 shows the idea behind the swing rule.
In an uptrend, price climbs in a series of rises and retraces. The swing rule helps predict how far price is going to rise. The drop from peak 1 to valley 2 should be the same as the rise from 1 to 3. In other words, ...
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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.