Product Description
Easy to use, and adopted by many successful traders over the years, William Dunnigan's One-Way Formula for Trading in Stocks and Commodities is a robust and reliable mechanical approach to buy/sell decision-making in speculative markets. A rare example of a 'universal' formula, this technique can be applied to almost any stock or commodity market, and requires little more than accurate line and bar charts. To understand the union of these two books, we have to understand the author's ambition to develop a complete trading system which gave exact buy/sell signals for stocks or commodities, which was mechanical in all its applications, and which didn't require the user to make any mental decisions. In New Blueprints for Gains in Stocks and Grains the author explores and introduces a full range of technical principles and lays the essential analytical groundwork for this universal formula.
About the Author
To our knowledge the greater part of William Dunnigan's life was dedicated to a close association with stock and commodity markets and what makes them tick technically. Technical Analysis was extremely important in his life as it was in this field of endeavor where he eventually decided lay the keys to the exploration of the interacting forces of time and price movements. His prowess as a market researcher and the many papers he produced on his findings, we know, earned him the respect of his peers, a thing he appreciated. His finest writings can be found in the last two books he wrote before passing away in 1957 - New Blueprints for Gains in Stocks and Grains, 1956 and One-Way Formula for Trading in Stocks and Commodities, 1957.