Average Reviews:
(More customer reviews)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.
Click Here to see more reviews about: 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.
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