The unique advantage of this handbook is the combination of a systematic analysis methodology with powerful EXCEL tools (free download from Dropbox). The functionality of the EXCEL tools covers price and volume indicators, swing pivots, candle stick patterns, Fibonacci retracements and extensions, Wolfe waves and Elliot Waves. These tools define the current market structure and select the corresponding setups that will be used as a framework for dedicated price action monitoring rules. The price action monitoring starts with the transition from last day's closing via overnight movements to the regular opening phase and is continued after the regular opening, leading to clear entry rules. Using this trading method helps you achieve a new, efficient trading style focused on large price moves following predictive patterns during the morning hour. It helps avoid overtrading by aiming at aone good trade per daya.From the hundreds of indicators described in the literature, only a few well-known indicators are used in our workbook. Since these are explained in almost any technical analysis tutorial, I have included in this chapter only a list of indicatorsanbsp;...
|Author||:||Dr. Volker Wendel|
|Publisher||:||Dr. Wendel Volker -|