Timing Solutions for Swing Traders : a Novel Approach to Successful Trading Using Technical Analysis and Financial Astrology

210 Pages·2012·35.38 MB·English

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Timing
Solutions
for Swing
Traders
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Timing
Solutions
for Swing
Traders
Successful Trading Using
Technical Analysis
and Financial Astrology
ROBERT T.H. LEE
PETER A. TRYDE
John Wiley & Sons Singapore Pte. Ltd.
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Copyright © 2012 by John Wiley & Sons Singapore Pte. Ltd.
Published by John Wiley & Sons Singapore Pte. Ltd.
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ISBN 978-1-118-33918-3 (ePDF)
ISBN 978-1-118-33919-0 (Mobi)
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Printed in Singapore by Ho Printing Singapore Pte. Ltd.
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Contents
Foreword by Ananda Bhaumik ix
Preface xi
Disclaimer xiv
CHAPTER 1 Be Prepared 1
Fundamental and Technical Analysis 2
Conclusion 8
CHAPTER 2 Let’s Get Started 9
Patterns 10
Volume 12
Price Momentum 13
Price and Moving Averages 14
Combining the Four Dimensions 17
Beyond Technical Analysis 18
Financial Astrology 18
Keeping Count 24
Conclusion 26
CHAPTER 3 Essential Patterns 29
Open 30
High 30
Low 31
Close 32
Candlestick Patterns 32
Divergence Patterns 35
Diagonal Patterns 38
Patterns Continued 40
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vi CONTENTS
“M” and “W” Patterns 41
Head and Shoulders Patterns 42
Rectangle Patterns 45
Saucer Patterns 47
AB=CD Patterns 48
Gaps 51
Conclusion 54
CHAPTER 4 Elliott Waves 55
Wave 1 56
Wave 2 58
Wave 3 58
Wave 4 59
Wave 5 59
Extended Waves 59
Three-Wave Structures 60
Corrective 3-3-5 Patterns 63
Corrective 5-3-5 Patterns 66
Rule of Alternation 71
Fibonacci Retracement and Projection 71
Application of Elliott Wave Analysis 75
Conclusion 77
Appendix: Ratios and Wave Relationship 80
CHAPTER 5 Volume 81
Basic Volume Plots 82
Reading Volume 83
Money-Flow Indicator 86
Deciphering Trend with Volume 87
Conclusion 88
CHAPTER 6 Key Indicators 91
Momentum Oscillator 93
Queuing Theory of Moving Average
Crossovers (QMAC) 96
MACD 105
Average Direction Index 107
Protective Stops 108
Conclusion 109
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Contents vii
CHAPTER 7 Applied Systems 113
Catching That Trend 114
Built-In Color Trend Indicator 115
Supporting Moving Averages 117
Trade on Daily Signals 120
Trading with Ichimoku 126
Conclusion 128
CHAPTER 8 Formulating Your Trading Plan 131
Determining Your Time Frame 131
Selecting Stocks 132
Risk Management 133
Determine Entry Points 133
Determine Exit Strategies 134
Reality Check 134
CHAPTER 9 Financial Astrology 137
Using Lunar Cycles in Trading 137
How to Pick Winning Stocks 141
Choosing the Best Periods for Trading 151
Market Projection 163
Conclusion 169
APPENDIX 1 Ruling Planets of the Natural Horoscope 171
APPENDIX 2 Effects of Various Aspects 173
APPENDIX 3 Characteristics of the Twelve Zodiac Signs 175
APPENDIX 4 Formulas in MetaStock Format 177
Momentum Timing Oscillator as Used in Figure 2.3 177
Volume Zone Oscillator as Referred to in
Figure 2.10 and Figure 5.8 178
Volume Ratio Compressed Indicator as
Referred to in Figure 5.3 178
Moving Average Line with Upper and Lower Mirror
Lines as Referred to in Figure 7.8 179
Mid-Term Period Moving Average Lines as
Referred to in Figure 2.5 179
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viii CONTENTS
Glossary 181
Astrological Terms 183
Bibliography 185
Suggested Reading 185
Astrological Books 185
Charting Software Programs 186
Astrology Software Programs 186
Financial Astrology Software Programs 186
Other Resources 186
About the Authors 187
Index 189
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