A Complete Guide to Technical Trading Tactics: How to Profit Using Pivot Points, Candlesticks & Other Indicators (Wiley Trading)

This is in my opinion a valuable desk-side reference book for market technical trading.A great introduction or primer, based upon your experience, with many technical stock trading indicators and tools. When to use and how to use many technical indicators and tools are explained in clear and concise detail. Unlike many similar books, the liberal use of drawings and sample charts had been reviewed to insure clarity and delivery of the message tying together the text and the chart. Because understanding chart reading is applicable across most asset classes such as stocks, commodities, options, ETFs etc, the example charts in this book have a liberal use of various assets such as oil, gold, FX and of course stocks. In addition, liberal reference to applicability of what indicators and tools are used for the various trading styles. For example; day traders, active traders or swing traders as well as long term (buy and hold).Lastly, many other ideas, topics, tips and techniques are included in this book. Such as; ordering types, mental and emotional aspects of trading, trading journals, introduction to options, a glossary and much more.I have found this to be a great book to read and keep for reference. And the ROI on the purchase of this book has been measured in days.

In this book, the author expands on basic trading strategies to include more advanced methodologies such as, Fibonacci ratios, Pivot points, cycle analysis in combination with Candlestick charts, and several others. In addition the author uses these techniques in interesting ways. As an example Fibonacci ratio adjustments are used to relate previous stock prices with current ones, and then combined with pivot points to estimate a stock's price inflection point. Cycle analysis is used in conjunction with candlestick charts to predict market turning points etc. I believe that the Fibonacci ratios presentation in the book by Roberts miner "high probability trading strategies" is a more complex expansion on the ideas in this book.The author also discusses the psychological aspects of trading that are quite important to success. Even though there are many books that do this , I felt his guidelines were among the best especially for novice traders that encounter stumbling blocks in their journey to profitable trading.

Summary from my full length review - A guided tour on trading with technical tools by a trading veteran. The way the materials are presented makes you feel confident in the techniques but there is a lack of depth. Often mentioned is the online service provided by Mr. Person that makes it feel like he has withhold important clues on using those tools. Some people may find this book a good read and easier to understand comparing to other guided tour style introductory books.

I like the book and learn some. It was a little basic for me , but it is always good to review the basic.

I agree with a couple of posts that say this is a very basic book, and that most of the information could be found for free on the internet. I would go as far as to say that some information would be better if read on the internet.The examples about pivots (the key part of the book), one chart after another were not easy to follow. The section on TA was woefully lacking. The author has a section on Gann theory, and more or less advises to go buy the book that Gann wrote. As it turns out, there is some pretty rich information about Gann on the web.My biggest pet peeve about this book were the continual subliminal references (advertisements) to the author's subscription based website. Besides that, I did not like the blatent plugging of the people who praised his book on the back cover. It's okay for an author to put their website on the back of the book. If the information stands on it's own then I can go to the website to learn more. What's not cool is to give vauge trading strategies, then give some glowing account of how your subscription newsletter called the shots.I did give the book two stars, which means I wasn't totally disapointed. He does stress a couple of good points regarding pivots, but it's all pretty basic beginner stuff.

Awesome, highly effective read, good transaction, no problems with shipping etc.

nice i love it

For anyone interested in a clearly written and easily understood book which explains how to profitably trade Stock Index and Futures products, this should fit the bill.John Person writes as he speaks, in a conversational manner that gives the reader the feeling that he's learning from someone who has been in the business for over 25 years, and who wants to help others as he was helped during his career.John, as I came to find out, is a much sought-after lecturer, and he goes into the various trading techniques including the use of Pivot Points, Candlesticks,Cycle Analysis, and other indicators, as well as the mental aspects of Trading, which was very important to me.The book has made a big impact on me and my personal trading, because of the clarity of the author's words and explanations. I would definately recommned this to anyone who is looking for a book that is easy to understand and is chock full of useful tips and examples.EN,NYC, NY