Trend is a pervasive concept in Technical Analysis. This books tackles the question of what is trend, how can it be better defined and how can the benefits of that definition be used to provide a trading edge.
Technical Analysis Today
Significant money can be made in the stock market by following big trends. In Trend Qualification and Trading, market technician L.A. Little explains how to identify and qualify these trends to determine the likelihood that they will continue and produce better trading results.
By combining price, volume, different timeframes, and the relationship between the general market, sectors, and individual stocks, Little shows how to measure the strength of stock trends. Most importantly, he demonstrates how to determine if a trend has what it takes to develop into a major move with greater profit potential or if it is basically a false signal.
- Takes a proven technical approach to identifying and profiting from financial market trends
- Shows how to best time entries, when to take profits, and when to exit trades
- Introduces Little's proprietary concept, The Trading Cube, which visually combines time and trend for a given trading instrument
Filled with in-depth insights and practical advice, this guide will help you make more of your time in today's markets by providing an in-depth explanation of how to identify and qualify trends.
Unlike men, not all trends are created equal. That simple premise, when fully understood, forever changes how you look at a chart.