Product Description
Martin Pring is one of the most respected names in the field of technical analysis. He has written several successful books for McGraw-Hill and speaks worldwide at seminars and conferences on technical analysis. His most successful McGraw-Hill titles is Technical Analysis Explained, now in its 3rd edition, which has sold more than 47,000 copies. McGraw-Hill also published Martin Pring's Introduction to Technical Analysis. This book was the first in an intended series of seven books on various aspects of technical analysis. Now, Momentum Explained, Volume II is the sixth book in the series. McGraw-Hill will be publishing the entire series of this well-known figure. Each book in the series is a complete guide to a key aspect of technical analysis. Using numerous illustrations, the books are entry-level guides that explain and demonstrate the tools of technical analysis. The books use an interactive CD-ROM/workbook format to cover every important element of technical analysis. The entire series helps traders develop their technical analysis skills using CD tutorials that allow the reader to practice the techniques in realistic market scenarios. There is also a self-test at the end of each chapter. The books in the series include: - Martin Pring's Introduction to Technical Analysis (published by McGraw-Hill). - Martin Pring's Breaking the Black Box: How to design, test, and apply mechanical trading systems using profitable examples. - Technician's Guide to Day and Swing Trading: A complete guide for applying the principles of technical analysis for swing and day trading. - Candlesticks Explained: A beginner's A to Z guide on the basic principles of Japanese candlesticks and other eastern charting techniques. - Momentum Explained I: Principles of oscillator interpretations featuring four popular indicators - Momentum Explained II: An explanation of 25 oscillators and how they can be most profitably applied. - How to Select Stock Using Technical Analysis: Practical guide to industry group rotation, the concept of relative strength, and short-term techniques to find low-risk, short-term buying opportunities.
From the Back Cover
Advanced Principles of Momentum Interpretation How, When, and Why to Use Them for Increased Trading Accuracy and Success
Momentum, often caused by fast-breaking news or big-money investors taking or dumping positions, is one of today's most valuable technical analysis tools for spotting trends and catching turning points. Momentum Explained, Volume II, goes beyond the basic principles of momentum trading (covered in Momentum Explained, Volume I) to introduce 25 powerful oscillators and explain how each can be used to improve trading accuracy. Combining descriptions of each oscillator with market-tested tips and techniques, examples from real-time trading, and more, this multimedia CD-ROM tutorial and workbook discusses momentum-based tools including:
-Linear regression approaches
-Volume oscillator
-The Demand Index
-The Chande Momentum Oscillator
-The Dynamic Momentum Index
-The TRIX Index
-Qstick
-The Directional Movement System
-The Commodity Selection Index
-Price Projection Bands
-The Parabolic
McGraw-Hill's Martin Pring on Technical Analysis series is a unique combination of in-depth audio-visual CD-ROM tutorial and workbook, and is an excellent teaching tool for in-depth research, instant reference, and interactive review. It provides technical traders with remarkably accurate methods proven effective in today's fast-moving markets for anticipating and exploiting trends.
Actual trading charts show these effective momentum indicators in action!