In late 2012, the charts of USD/GBP, Gold, the FTSE, the DAX and the DOW are all exhibiting triangle patterns. Breakouts from these patterns are imminent, which presents an unprecedented trading opportunity for the technical analyst – if you know how to spot triangles and trade them.
In ‘Trading Triangles’ John Piper explains how and why triangles form, shows you how to spot a triangle on a price chart, and most importantly how to trade these patterns for profit.
There are potentially massive moves on the way in these markets. ‘Trading Triangles’ is your vital guide to keeping on top of these moves and putting yourself in place to profit.
Table des matières
About the Author
Introduction
Section One – What is a Triangle?
Section Two – How do I Trade Triangles?
Section Three – Case Studies of Real Triangle Trades
Section Four – What is Happing Now!
Appendices
Appendix 1 – Interview with Dominic Picarda of Investors Chronicle in October 2012
Appendix 2 – Options Expiry
Appendix 3 – Guide to IG Index and Gekko Markets
Appendix 4 – The Three Key Trading Rules and More on Stops
Appendix 5 – Run Your Profits
A propos de l’auteur
John Piper has been trading markets since the mid 80s, mainly writing options but also trading futures, spread and binary betting. The highlights have been trading right through the ’87 Crash (mainly selling put options – hence the lack of hair!), annual turnover exceeding £2m of option premiums on his personal account, managing money in excess of $1m, winning a TV trading contest, and generally spending far too much time glued to screens.
Whilst abusing himself in this way he also decided to help other traders and started The Technical Trader in 1989 and which has become the leading trading newsletter in the UK. The newsletter filled a void and the business has helped many traders over the years and is now on the web.
Over the years John has developed a number of trading techniques; he summarizes his approach as Psycho-Trading – meaning getting into the mind of the market.
John spends his time in the Sussex Hills but makes frequent trips to warmer climes with the Hash House Harriers – a club for those who like a drink but who have a running problem!
John runs a market service looking for the BIG calls and has written several books including The Way to Trade, The Fortune Strategy, Profit Before Work, Binary Betting, Binary Trading, Tunnel Trading, Trading is a business and The Kraut Gap Modules.