Candlestick and Pivot Point Trading Triggers + CD-ROM: Setups for Stock, Forex, and Futures Markets
In his first book, A Complete Guide to Technical Trading Tactics, John Person introduced traders to the concept of integrating candlestick charting with pivot point analysis. Now, in Candlestick and Pivot Point Trading Triggers, he goes a step further and shows you how to devise your own setups and triggers—in the stock, forex, and futures markets—based on a moving average approach.Note: CD-ROM/DVD and other supplementary materials are not included as part of eBook file.
List Price: $ 95.00
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Well written but didn’t help me,
I am always looking for for a new angle in my day trading strategies. I do some technical analysis (TC2000) and do my program trading thru Tradestation. I like to run my ideas thru Tradestation to look for useful indicators and signals. I hadn’t studied pivot points too much and felt this book would bring me “up to speed” on this subject. I ran many different variations of pivot points and support resistance levels. Although the book is clearly written and the author presents the material well, I didn’t extract anything useful out of it.
Perhaps FOREX traders have better luck with pivot points than I did with the stock market. I saw no correlation in the stocks I trade in regards to pivot points, support, resistance, fibonacci levels, etc. After years of computer trading systems, I have concluded that the market is a random event and market psychology just can’t be programmed.
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I reread the book very thoroughly and figured out what the author was preaching. As a stock trader, his pivot point analysis and trading techniques are working very well. I was not applying his methods correctly the first time I read the book and now I get it… It is definitely increasing my successful trade probabilities. 5 STARS.. I am going to order his new DVD and see if I can refine the process even more.
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|Introduction to trading using simple system.,
Before you read this book I would highly recommend reading any other with candlestick being the primary subject. “High Profit Candlestick Patterns” or “Profitable Candlestick Investing” – both by Stephen W. Bigalow or one of Steve Nison books. The more you know about candlesticks patterns and emotions behind them the better trading decisions you might be reaching.
Person’s book is one of the very few explaining pivot point – very useful tool indeed. Using high closing and low closing doji with pivot point will not make you a perfect trader, but will allow to avoid disasters being to hasty (or too greedy ) in your decisions. Bottom line of any trading is discipline – and this book is trying to teach this showing how to develop and use very simple system.
CD provides nice overview of everything covered in the book plus pivot calculator. If you need one a bit more sophisticated, you can find it on […].
Trading is about making money. Keeping things simple will make you a better trader and this book will help you in that.
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|A Must Read for Every Trader!,
John Person’s first book, A Complete Guide to Technical Trading Tactics, is a must read for any trader. When I heard his new book, Candlestick and Pivot Point Trading Triggers was published I couldn’t wait to get my hands on it. This book exceeded my high expectations! I now have a much better understanding of how to use triggers, set-ups and stops combined with candlesticks, pivots and the moving average approach. I not only have a stronger grasp on candlesticks and pivot points but now I can go way beyond and use Person’s proven methods, techniques and formulas in my own trading plan. If you are a trader you need to study and implement the knowledge from this great book.
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