An information source for the subscribers of eSignal
Vol 19, Issue 07
 
 
      Investor's Library
 
 
   
Dynamic Trading Indicators:
Winning with Value Charts and Price Action Profile
 
Review by Jaye Abbate, Traders' Library
 
 

All charting techniques are not created equal — and, in today's volatile market, traditional price charts alone aren't always able to provide the multi-dimensional perspective you need to make optimal trading decisions. Enter the revolutionary new Value Chart and Price Action Profile (PAP) concept. Introduced by Mark Helweg and David Stendahl in their new book, Dynamic Trading Indicators, these innovative technical indicators expand your "view" — allowing you to more accurately, precisely — and profitably — predict market behavior and, thereby, make more profitable investment decisions.

Now, you can benefit from the insights of two seasoned market veterans as they show you how to use and read Value Charts to measure the value of any given market and begin to buy into it at undervalued or oversold price levels. Then, learn to use Value Charts in tandem with the Price Action Profile to determine the degree to which a market is overvalued (overbought) or undervalued (oversold). In clear, "put-into-action" language, and supported by real-world examples, Helweg and Stendahl move from the basics of Value Charts and PAP to everyday uses of these powerful market analysis tools for enhancing your own trading. Thorough, readable chapters show you how to:

Identify and lower risk exposure in numerous markets using Value Charts and PAP
Improve your overall trading strategy by integrating Value Charts and PAP with other technical indicators
Develop and improve pattern recognition trading strategies
Create trading systems using quantifiable values that stem from Value Charts and PAP
Minimize market risk and systemic risk when accumulating stock
Track thousands of markets to identify the best buy/sell opportunities

This exciting and powerful new technique has been heralded by veteran traders, such as Larry McMillan, who know the importance of finding fresh new approaches to keep up and survive in changing market environments. McMillan notes that "their expertise and new concept makes this book a must-read for all stock and futures traders." Robert Deel, author of Trading the Plan, concurs and claims that: "…understanding the true overbought and oversold nature of a market or trading vehicle is essential. This book enlightens you to new techniques that are applicable for active traders such as myself."

Today's traders need every edge available to prosper in volatile markets. Dynamic Trading Indicators provides a unique platform for traders to seize the greatest opportunities for success. Providing deep insights into and understanding of strategy trading, market timing and risk management, the innovative and powerful approach to chart reading outlined by the authors will surely help active traders and novice investors alike have a better "read" on the markets and, ultimately, a better shot at promising and consistent market profits.

Dynamic Trading Indicators by Mark Helweg and David Stendahl. Item #B738x- 84583, reg.: $65.95. eSignal price: $48.97. Order at 800.272.2855, ext. B738, www.invest-store.com/.

 
 

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