商品簡介
Engaging and accessible, this reliable resource looks at Wyckoff's approach from a more modern perspective and shows how you can logically interpret bar charts and wave charts to find trades about to happen. By studying the chart examples in this book, you'll gain tremendous insight into reading what markets are saying about themselves and develop the ability to locate turning points of different degrees. Page by page, Weis facilitates your learning by:
Comparing efforts of buying or selling with the reward-volume versus upward or downward progress
Considering the meaning of the close within the range of a price bar
Looking for shortening of upward or downward thrust as well as &How-through, or lack of follow through, after penetrations of support/resistance
Exploring the interaction of price with trend lines, channels, and support/resistance lines-which often highlight the price/volume story
Watching fin- tests of high-volume or "vertical" areas where price accelerates upward or downward
Along the way, Weis introduces the adaptations he has made to Wyckoff's original tape-reading tools-which are better suited for the enormous volatility of today's stock and futures markets-and can be applied to intraday and daily price movement.
作者簡介
David H. Weis is a market analyst with nearly forty years' experience. He served as the director of technical research for ContiCommodities, Inc., during the mid-1980s. Weis has conducted seminars and workshops on technical trading throughout North America, Europe, and Asia, and is the recognized authority on the trading methods of Richard Wyckoff. He is the former editor of the Elliott Wave Commodity Letter, published by Robert Prechter, and the former editor/publisher of Technical Forces, a monthly market letter centered around price/volume analysis. Weis has also written numerous articles on technical analysis and is the author of Trading with the Elliott Wave Principle: A Practical Guide. He is the developer of the Weis Wave, a unique indicator that reveals the true force of buying and selling on intraday and daily charts. It is fully described in the text and on his website, weisonwyckoff.com.