Technical Analysis For The Trading Professional by Connie Brown –
The relative Strength Index (RSI) is something that I incorporate into my work every single day. This book helps you to think outside the box and explains how to manipulate different oscillators so you get signals that others wouldn’t because they use default settings. This one really gets your mind going in ways that other books simply do not.
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Trade Chart Patterns Like The Pros
Some of the chart patterns that Suri Duddella describes in Trade Chart Patterns Like The Pros may already be well known to many experienced traders, but there are also some that are probably new. Each chart pattern has several paged devoted to its description examples and trading techniques.
The main benefit of the book lies in Suri’s personal analysis of how he trades each pattern.
Techniques for trading chart patterns tend to evolve over the years as they develop their own nuances to fool as many traders as possible. Suri gives his personal opinion on where trades should be entered, exited and the area where stops should be placed.
Suri also gives some candid remarks on how reliable the patterns have been in his experience and even some of the best timeframes and markets to trade some of the chart patterns.
Many new traders often do not appreciate the value in a compilation such as Trade Chart Patterns Like The Pros. In reality, this book is basically a trading roadmap that a successful trader is sharing with the trading community. I feel very fortunate whenever I can get inside the head of another successful trader, as there is always something valuable to learn.
Trade Chart Patterns Like The Pros by Suri Duddella is certainly a trading book I would recommend to new and experienced traders. This book gets straight to the point without any hype or nonsense - just real world examples and advice from a successful trader.
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