Tag Archive for technical analysis

An Investment Book Review –“International Corporate Finance” by J. Ashok Robin

Well, this came as almost a treat – corporate finance, which in itself is an investment topic to be studied, on an international context. There are many textbooks on the market which study the corporate finance topics, from the main financial decisions of a corporation to financial instruments or the (in)famous weighted average cost of capital (WACC). In an international context, there are quite few study texts.
The field of International corporate finance deals with the various financial activities of international corporations or multinational companies. This book is even more focused – it concentrates on the multinational companies (MNC’s or MNE’s) and on their blood who keeps pumping and make them grow –the flow of money. Read more

“Technical Analysis: The Complete Resource for Financial Market Technicians” – by Julie R. Dahlquist (Book Review)

Nothing is better than continuous education. And in this respect, we at doitinvest.com did read and review quite a lot of books in the technical analysis field lately. We don’t have any statistics readily availabel, but I suppose that doitinvest.com has become a top reviewer of the trading books and materials published since 2009… 🙂
Now back to work :). I recently got for review one of the books deemed to be a full encyclopedia of techical analysis techniques. So I got quite curious – was it so?

The first look at the book content was quite convincing. The book is very well organized and takes the reader from the basics to the most advanced techniques. It starts with the fundamental assumptions of the technical analysis field – is the random walk theory valid? Are the trends predictable? What is the blend between mass psychology and statistcis which allows you to make money from analysing the markets? What are the main assumptions behind technical analysis and how well do they stand the test of practice? and so on. Read more

Adventures of a Trader in the Forex Land (4) – About Japan and Big Mistakes

I tried last week to trade yen against the news. I thought that the news release on China (that exports are much stronger than expected) will actually move the yen a bit upwards versus other currencies, then the Japan currency will resume its decline. In brief, I was arguing that the yen appreciation will last very short. Read more

A Book Review – “Volatility-Based Technical Analysis” by Kirk Northington

Well, I was looking for a long time after an easier book on technical analysis techniques using a programming language. In other words, I was in for a book where you do not get only the usual lengthy descriptions of various trading techniques and their charts with pointers. After all, it is easy to develop a technique and let it fit with any possible trading – in hindsight.

What I was looking for was a simple way to improve my trading skills and to limit my forex trading risks. If possible, for a book which could be rather practical than conceptual, from which I could learn some code snippets and apply those to trading.

The good news is that there is such a book. “Volatility-Based Technical Analysis: Strategies for Trading the Invisible” by Kirk Northington fills a gap between the individual knowledge of a single trader and the collective wisdom of the large financial institutions. In other words, Northington teaches you how to trade individually using the techniques and the leverages of a large institution. This is a big advantage, especially since the rise of the trading platforms which are so easy to use nowadays online. And where the risk is so high and it is so easy to loose large amounts of money in the blink of an eye 🙂

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The Adventures of a Trader in the Forex Land (1)

Well, yes, I made up my mind. The last few weeks I have been testing a MetaTrader 4 platform with forex trading. My trading activities gave mixed and interesting results. This is why I decided to document this trading journey with this online investing blog. It will be an online diary for me, where I will post my conclusions and my learnings, and in the same time a forum for discussions for you, my readers. Therefore, if you have any comments on my trading methods, style, my tools I used for forex, please land on the comment side and leave me a sign. I am very interested in upgrading our common forex trading knowledge…

How did I start trading? I was flirting with the idea for several months. As you can see here, on doitinvest, I have done lots of reviews lately for forex trading books. These are my lectures. Read more

Oil Prices Creep Back

There is a lot of debate whether the oil will come back or not to the levels from 2008 (mostly May and June levels, where it reached a peak of $140/barrel. Since then, it continued to drop until February 2009, since it started again to grow. This time, in a much slower manner.

It is true that the recent economical news are slightly better than the previous ones. The US GDP has decreased in quarter 3within the economists expectations. The important word here is “decreased”. And the S&P 500 companies have seen a small recovery. Yet, I think we are several months from the economic recovery whcih could turn recession into a growth trend.

And of course, there is a debate of whether oil prices will anticipate these oil price increases or whether it will go down further, before it picks up. Read more

“Capturing Profit with Technical Analysis: Hands-on Rules for Exploiting Candlestick, Indicator, and Money Management Techniques” By Sylvain Vervoort – A Book Review

Technical analysis is one of my passions, so here we go with another recent release of a book focusing on that topic. Given the recent advent of the online trading platforms (e.g the MetaTrade 4 or MT), trading has ecome much easier than a few years ago. In the same time, it has become also much more dangerous, since the easiness of trading is simply translated into a greater risk for the trader. And risk means the possibility to have huge profits in a short time, but also the possibility to be wiped out from the market very quickly. Being wiped out from a trading platform means loosing all the money you deposited as a leverage (your trading capital, of course).

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