Geopolitical unrest, increasing inflation and interest rates, financial blogs and media channels with rock-star-status fund managers touting the latest, greatest investment idea. The emotions of traders and investors are continually being pulled in multiple directions at once. What to buy? When to buy? When to sell? At times, the noise can be deafening.
This book introduces the reader to the concept of the trend; the direction of price movement. Is price moving in a bullish direction or a bearish direction? Is the trend changing? Paying attention to changes of trend on a stock, an index, an ETF, or a commodity futures contract can help traders and investors tune out the noise and regain a sense of clarity.
The trend is seldom mentioned in financial media. Instead, the media serves up a constant stream of angst and drama. The trend is also ignored by individual financial advisors who prefer to promote the strategy of buying and holding for the long term. This book pushes back against the angst, drama and passive complacency that pervades our investment decision making.
There was a time when the trend was followed. In the 1930s, H.M. Gartley taught investors how to use major and intermediate trend lines to make better buying and selling decisions. W.D. Gann also focused on the trend, using swing points to delineate buying and selling opportunities. The 1980s and 1990s heralded computer algorithms and chart technical indicators to more effectively demarcate changes in trend.
Follow The Trend shows the reader how to apply trend lines and swing points to make buy and sell decisions. The book goes on to examine a number of chart technical indicators and answers the following questions: How are they mathematically structured? What do they reveal about the trend? How should they be interpreted? Are some better than others?
Follow The Trend – When to Buy, When to Sell offers a fresh way to look at trading and investing, giving the reader the knowledge to answer the two critical questions: When to buy? When to sell?
Malcolm Bucholtz, B.Sc., MBA, M.Sc., author of the Financial Astrology Almanac, resides in western Canada where he trades the financial markets using technical chart analysis, esoteric mathematics, and astrology. Through his website, www.investingsuccess.ca, he offers a series of newsletters that keep subscribers apprised of pending astrological events and cyclical intervals that stand to influence financial markets.
Innehållsförteckning
Introduction
Chapter 1 Charting
Chapter 2The Trend According to Gann
Chapter 3Rondinone’s Symmetrics Trend
Chapter 4The Trend According to Gartley
Chapter 5The Mathematics of Averages
Chapter 6Moving Averages and the Trend
Chapter 7Oscillators and the Trend
Chapter 8Short-term charts and the Trend
Chapter 9Longer-term charts and the Trend
Chapter 10Case Studies
Final Word
About the Author
Om författaren
Malcolm Bucholtz, B.Sc., MBA, M.Sc., author of the Financial Astrology Almanac, resides in western Canada where he trades the financial markets using technical chart analysis, esoteric mathematics, and astrology. Through his website, www.investingsuccess.ca, he offers a series of newsletters that keep subscribers apprised of pending astrological events and cyclical intervals that stand to influence financial markets.