Predictive Edge in Technical Analysis

Predictive technical analysis does not rely on the use of a crystal ball or the interpretation of tarot cards. Instead, it examines key concepts that are essential to mastering the art of trading stocks. This book is for anyone looking to improve their technical analysis skills and tired of being manipulated by the financial institutions that dominate the markets. This book explores four key concepts in-depth that are essential for predicting market movements:
Technical Analysis
The book begins by establishing the foundations of technical analysis, including topics such as time frames, charts, support and resistance, trends, leading and lagging indicators and the concepts of divergence and convergence.
Price Action
This segment focuses on reading prices without the aid of indicators. Price Action emphasizes the analysis of Japanese candlestick movements to detect trading signals. In addition, the technique focuses on M and W movements, which are considered to be the most relevant.
Market Structure
A section is reserved for analyzing market structure to counter false signals. Market Structure offers an alternative way of entering the markets with the security of clear signals. Market entry is based on strict, unambiguous rules, eliminating any ambiguity.
Fibonacci retracements
Unquestionably the swing trader’s most important tool, retracements are indispensable for assessing downside and upside areas. The book shows how to use Fibonacci ratios and extensions, providing practical examples and strategies to incorporate into analysis.

The book is enhanced by more than 120 full-color charts and tables that help readers understand concepts, techniques and strategies. It offers advanced insights that can be integrated into current strategies or used to create novel trading approaches.