Power Trading: Winning Guerrilla, Micro, and Core Tactics

241 Pages·2008·8.28 MB·English

by  Oliver L. Velez

Table of Contents
How to Read This Book
Preface
Meet Oliver Velez
Part 1: Guerrilla Trading
Chapter 1: An Introduction to Guerrilla Trading
1. Guerrilla Tools are Easy to Understand
2. Guerrilla Trading Works Best in Uncertain Markets
3. Guerrilla Trades Follow their Own Course
4. Guerrilla Trading Plays off Other’s Emotions to Win
5. Guerrilla Trades are Trend-Neutral
The Charts Do Not Lie
Targets and Stops
A Look at Gaps
Hit and Run Approach
Chapter 2: The Tools for Guerrilla Trading
The Japanese Candlestick
The Star Candle of Our Show-The 20/20 Bar
Always Check the Charts
The Bullish 20/20 Bar
The Bearish 20/20 Bar
The Power of Gaps
Chapter 3: Gap and Snap and Gap and Crap Plays
The Pristine Gap and Snap
The Pristine Gap and Crap
Chapter 4: Gap Surprise Plays
The Bullish Gap Surprise Setup
The Bearish Gap Surprise Setup
Chapter 5: Bullish and Bearish 20/20 Plays
The Bullish 20/20
Bearish 20/20 Play
Chapter 6: Bear and Bull Trap Plays
The Pristine Bear Trap
The Bull Trap Play
Chapter 7: The Pristine Bullish and Bearish Mortgage
Play
Bullish Mortgage Play
Example of a Bullish Mortgage Play
The Bearish Mortgage Play
Chapter 8: Putting it All Together
Guerrillas Reverse Charts
How to Find Guerrilla Tactics
The Reward to Risk Ratio
Summary
Part 2: Micro Trading
Chapter 9: Charting Tools of the Microtrader
The Power of the Moving Averages
Chapter 10: Timing Tools of the Microtrader
What is the “Market?”
Microtrading in Relation to the Broader Market
Should You Play the Market Itself?
New York Stock Exchange and NASDAQ TICK Indicators
New York Stock Exchange and the NASDAQ TRIN Indicator
The Three Phases to Every Trading Day
Micro Reversal Times
How to Use Micro Reversal Times
Chapter 11: Tactics for Phase One
Chapter 12: Tactics for Phase Two
Chapter 13: Tactics for Phase Three
The Most Powerful Strategy in the Micro Setup
Chapter 14: Profitable Advice
Measuring Reward to Risk
Conclusion
Part 3: Core Trading
Chapter 15: What is Core Trading?
Chapter 16: Micro versus Macro Styles
Chapter 17: Tools of the Core Trader
The 20-and the 40-Period Moving Averages
One Warning: Do Not Overindulge
The Battle between Buyer and Seller
Chapter 18: The Key Events
Bottoming Tails and Topping Tails
The Bullish and Bearish Changing of the Guard
Chapter 19: The Strategies
The Mighty 20-Period Moving Average Plays
The Bear Strategy
The Bull Strategy
The Pristine Buy and Sell Zone
The Climactic Buy and Sell Setup
A Discussion of Volume
The Four Parts of Every Trade
Conclusion
Glossary
Trading Resource Guide
Recommended Reading

Copyright © 2008 by Oliver L. Velez
Published by John Wiley & Sons, Inc., Hoboken, New Jersey
Published simultaneously in Canada
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How to Read This Book
This guidebook brings together three trading approaches that have been used by
tens of thousands of traders who have participated in educational sessions
presented by Oliver Velez and the Pristine team. The whole, in this case, is truly
much greater than the sum of the parts.
Watch the DVD
The DVD in the back of this book brings you right into those sessions that have
helped many traders access this powerful information. By using the DVD, you
can watch the instructions again and again to absorb every concept, without ever
having to leave home.
Accessing the Video
To access the streaming video that comes with this book, please register at
www.wiley.com/go/wileytradingvideo.
Read the Guidebook
The material in the next 300+ pages puts all of the information together into a
visual roadmap that shows you how to apply the tactics and strategies that are
covered in this multimedia learning experience.
Take the Online Tests
To realize the full potential of the information you have before you, we strongly
encourage you to watch the DVD, read the book, and then go online and take the
self tests. This guidebook was designed to help you easily identify the plays that
will work best with your trading style, your personality, and your current
portfolio.
Highly respected as one of the most eloquent trading educators in the business,
Oliver engages you and walks you through the plays in each of these approaches
in simple, accessible language. The guidebook format ensures that you will have
detailed and instant access to Oliver’s full library of information. You will now
be able to reach over and flip directly to the play that will apply to today’s
market and use the highly developed approach that will best accomplish your
trading goals.