charting

“Forex Chartist Companion – A Visual Approach To Technical Analysis” by Michael Duane and James Lauren Bickford – A Book Review

If you read my previous book reviews, then you certainly know how much I like this type of companion books. Mostly I enjoy the graphs and seeing the logic behind- and the more I see, the more puzzled I am (but this is another topic). “Forex Chartist Companion – A Visual Approach To Technical Analysis” was no exception to the rule – I enjoyed massively the approach laid out into its pages.

“Forex Chartist Companion – A Visual Approach To Technical Analysis” is written at a basic level which builds up to higher (more advanced) topics. In this respect, the book is somehow typical for the American educational books (it could have easily been called “Charting for Dummies”). It has also some advanced features, but overall it is written at an intermediate level.

The book is written with the average trader’s needs in mind – you should not expect advanced techniques described there. It could not do it without sacrificing the width of treating the topic – and here the book does a fantastic job in listing almost any imaginable type of forex chart. If you thought you knew them all, “Forex Chartist Companion – A Visual Approach To Technical Analysis” can prove you wrong.

Read More »“Forex Chartist Companion – A Visual Approach To Technical Analysis” by Michael Duane and James Lauren Bickford – A Book Review

“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).

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