
I have purchased this book in a used area bookstore and the CD was missing, so I will not be able to comment on the CD.
The first section of the book on the use of overlapping segments to tell the coming direction of a move is the most useful and easiest to apply. While as some other reviewer mentions, this is an enhanced version of the re entry tests using the Darvas box , I felt that combining both concepts gives more accurate results.
Elliott waves were well explained but the author failed to mention that perfectly acceptable Elliott wave counts have no predictive power. The reason for this is explained with charts in the article “Elliott Waves, fact or fiction” by David Minbashian, Stocks & Commodities V. 8:5, pages 182-184. His reasoning is that by not excluding any future market movements the stock can move either way with valid Elliott wave counts. My experience in trading agrees with this finding, so I recommend other indicators be added when using Elliott waves. Please read the above article and decide for yourself. I found it very convincing especially after my experience in always being able to find a count that would have worked in hindsight.
The discussion on Fibonacci external and internal retracements needs the author’s software to be implemented. In my opinion, the shear number of possible retracements presented takes away from the simplicity and makes the method of limited usefulness.
Check For More Special Promotion, Now at Amazon.com
High Probability Trading Strategies: Entry to Exit Tactics for the Forex, Futures, and Stock Markets (Wiley Trading) Overview
In High Probability Trading Strategies, author and well-known trading educator Robert Miner skillfully outlines every aspect of a practical trading plan–from entry to exit–that he has developed over the course of his distinguished twenty-plus-year career. The result is a complete approach to trading that will allow you to trade confidently in a variety of markets and time frames. Written with the serious trader in mind, this reliable resource details a proven approach to analyzing market behavior, identifying profitable trade setups, and executing and managing trades–from entry to exit.
Note: CD-ROM/DVD and other supplementary materials are not included as part of eBook file.
Available Now => Check For More Special Promotion, Now at Amazon.com
Customer Reviews
Difficult to understand – Adam –
I bought this book and hardly read it anymore.
This trading method involves the use of ABC corrections. Simply using Fibonacci retracements, extensions, time retracements and dual-time frame momentum. It can be found online for free.
It serves as a good reference tool, nice to snuggle in bed with it but other than that, don’t waste your money, why?
1) Charts difficult to comprehend, the use of bar charts is not visually friendly, charts are also too small.
2) Author does not indicate where to draw Fib levels, I had to physically go to the charts and test it out
But the good thing is, the author does present his ideas in an organised manner.
Consider Carolyn Boroden’s book on the same strategy, which can be obtained free of charge here: [...]
Another way to look at high-probability strategies is to consider the Gartley pattern in tandem with Fibonacci trading, FREE by the harmonic trader Scott Cartney [...]
That is 305 pages of good stuff! I sent it for print and it cost me so little!
FREE FREE FREE!
I am not saying the book is terrible, it is not. I’m just saying that I wouldn’t pay money for a book like that when all the information can be found online.
I used to buy books off Amazon simply because I wanted convenient access to information, but the internet steals the grand prize
Don’t be naive enough to buy books simply because they look promising. Take care friends. Have a good one
good trade management stategies but you have to buy the authors own software – K. Johnson – Atlanta, ga
There are some great entry and exit strategies as well as trade management ideas in this book. However you have to have the authors charting software in order to do any of the strategies. for example he has a proprietary momentum indicator called DTOSC that is not in any charting software packages but his own… and also the custom fibonacci levels and fibonacci TIME retracements are only available with his special software. I rated this book 2 stars because it sucks to buy a product and wait 2-3 weeks for delivery, only to find out it wont work 100% unless you purchase some other product that the company happens to sell.
Excellent book on implementing Technical Analysis – John McCahey – San Diego, CA
This book is an excellent source for an intermediate student of Technical Analysis (TA). Having trading experience is a definite plus as well. What the author does, is describe the most important pieces of TA that you need to utilize in order to make a trade with a high probability of success. Having probability on your side gives you an edge, and this is everything in trading.
It has taken me several years of trial and error to determine what are the necessary forces in the market that determine whether to place a trade or not. The author has summed up the most important, and more importantly how to align them. The forces are Momentum (on dual time frames), Price Pattern, and Cycles (timing). Putting these together, gives the trader a great edge.
The only negatives are that he references his trading platform software more than is needed.
Overall however, a great book on how to actually implement all of that TA knowledge that you have accumulated over the years!
Limited Time Offer, Order Now at Amazon.com
*** Product Information and Prices Stored: May 24, 2010 04:34:12
Friends Link : Horror Short Stories Top 50 Thriller Movies clif bar for sale Review HomeTheaters Digital Mp3 Dvd Players Shop
Sponsor Links
Tags: Camera, Digital, Forex, Futures, Markets, Probability, Progression, Review, Strategies, Tactics, Technology, Trading, Wiley