Applied technical analysis for advanced learners and practitioners : in charts we trust / / Indranarain Ramlall

• Record Nr.: UNINA9910811990103321
• Autore: Ramlall Indranarain
• Pubbl/distr/stampa: United Kingdom, England : , : Emerald, , 2017; ©2017
• ISBN: 1-78635-633-3
• Edizione: [1st ed.]
• Descrizione fisica: 1 online resource (220 pages) : illustrations (some color), tables
• Disciplina: 332.632042
• Soggetti: Econometrics; Business & Economics - Econometrics
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: Front Cover -- Applied Technical Analysis for Advanced Learners and Practitioners -- Copyright Page -- Contents -- List of Figures -- List of Tables -- Dedication -- Preface -- 1 Main Features of Technical Analysis -- Introduction -- Key Aspects of Technical Analysis -- Benefits of Technical Analysis -- Drawbacks of Technical Analysis -- Main Tools of Technical Analysis -- (a) Candlesticks - Japanese Derived in the 1600s and Highly Famous among Traders -- Main Patterns under Candlesticks -- (b) Relative Strength Index (14-Day Suggested by Welles Wilder) -- (c) Bollinger Bands -- (d) Moving Average Convergence Divergence (Lagging Indicators -- 12-26-9) -- Some General Information on Trading Strategies -- Moving Average -- Intermarket Analysis (More Than One Financial Market or Asset Classes) -- 2 Chart Patterns -- Introduction -- Chart Patterns -- Head and Shoulders -- Trading Strategies under Head and Shoulders -- Double Top (M-Shaped): Signals Bearish Trade Reversal -- Double Bottoms (W-Shaped): Signals Bullish Trade Reversal -- Continuation Patterns -- Triangles (Continuation Patterns) -- Ascending Triangle-Signals Bullish Price Patterns -- Descending Triangle-Signals Bearish Price Patterns -- Symmetrical Triangle (Neutral Chart Formation) -- Flags and Pennants (Continuation Patterns) -- Rectangle Pattern (Continuation Patterns) -- 3 Point and Figure -- Introduction -- Main Aspects of Point and Figure (Leading Indicator) -- Benefits of Point and Figure Chart -- ; Recommended Guidelines for Box Size -- Trading Strategy under Point and Figure Chart -- Applied Example under Point and Figure Chart -- 4 Stochastic Oscillator -- Introduction -- Main Aspects of Stochastics (Oscillator) -- Momentum Oscillators -- 5 Sentiment Indicators -- Introduction -- Sentiment Indicators - Picking Up Market Tops and Bottoms -- Polls Indicators.; Statistical Indicators -- Conclusion -- 6 Flow of Funds Indicators -- Introduction -- Flow of Funds Indicators (Focus Laid on Prominent Investors) -- Mutual Funds Flow - A Contrarian Indicator (Trend of High Cash: Bearish -- Trend of Low Cash: Bullish) -- Commitment of Traders Report (COT) -- Arms Index (Also Known as TRadingINdex (TRIN): A Contrarian Indicator) (&gt -- 1: Bearish, &lt -- 1: Bullish) -- Sub-Components of Arms Index -- Interpretation of Arms Index (TRIN) -- Uses of TRIN -- Values for Extreme Overbought/Oversold Conditions -- Important Note -- Refined Applications of TRIN -- Applied Example -- Equity Indicators -- 7 Elliott Wave Theory -- Introduction -- Definition of Elliott Wave Theory -- Technical Term Definition under EWT -- Golden Ratio -- Fibonacci Sequence and Golden Ratio (Fibonacci Sequence .Fibonacci Retracement) -- Elliott Wave Theory and Kondratieff Waves -- Benefits of EWT -- Drawbacks -- Recommendations -- Mitigated Role of Fundamentals under Elliott Wave Theory -- Steps to Follow with Respect to Elliott Wave Theory -- Major Cycles under EWT -- Wave Analysis -- Elliott Wave Pattern under Bull Market - 8 Waves in all -- Expanded Flat Correction -- Irregular Flat -- Rules and Guidelines under EWT -- Cycles -- 8 Moving Average Convergence Divergence -- Main Aspects of MACD (A Centred Oscillator -- Oscillating above/below Zero Line) -- Interpretation of MACD -- Benefits of MACD -- Drawbacks of MACD -- Strategies under MACD -- 9 Relative Strength Index -- Main Aspects of RSI (A Price-Based Momentum Oscillator) -- Trading Strategies under RSI -- Main Trading Applications under RSI -- 10 Bollinger Bands -- Bollinger Bands -- Trading Strategies under Bollinger Bands -- Criticism of Bollinger Bands -- Volatility Breakout Strategy under BB - To Capture Trends as They Take Off -- Trading Strategies: Bollinger Bands Combined with RSI.; 11 Candlesticks -- Main Aspects of Candlesticks -- Cases of Candlesticks -- Hammer (Robust Signal for a Bullish Signal Ahead) -- Hanging Man (Robust Signal for a Bearish Signal Ahead) -- Shooting Star (Predicts a Bearish Reversal Ahead) -- Engulfing -- Bearish Engulfing -- Bullish Engulfing -- Harami (Means Pregnant in Japanese, Predictor of Reversal Patterns) -- Piercing Line (Signals a Bullish Reversal Pattern in a Downtrend) -- Dark Cloud Cover (Signals a Bearish Reversal Pattern in an Uptrend) -- Tweeter Top/Tweezer Bottom (Bearish Reversal/Bullish Reversal) -- Tweeter Top (Bearish Reversal in an Uptrend) -- Tweezer Bottom (Bullish Reversal in a Downtrend) -- Morning Star (Signals Bullish Reversal Patterns) -- Evening Star (Signals Bearish Reversal Patterns) -- Three White Soldiers (Signals Bullish Reversal Patterns) -- Three Black Crows (Signals Bearish Reversal Patterns) -- 12 Fibonacci Retracements -- Main Aspects of Fibonacci Retracements (Leading Indicators) -- Fibonacci Retracements -- Rationale for the Use of Fibonacci Retracements -- Fibonacci Price Extensions -- Fibonacci Price Projections -- 13 Volatility Index -- Main Aspects of Volatility Index (VIX) -- Benefits of VIX -- Criticisms of VIX -- Practical Considerations under VIX -- 14 Modelling Technical Analysis in R -- Other Technical Analysis Tools under R -- Appendix -- Bibliography -- Important Websites -- Index.
• Sommario/riassunto: Technical analysis points out that the best source of information to beat the market is the price itself. Introducing readers to technical ; analysis in a more succinct and practical way, Ramlall focuses on the key aspects, benefits, drawbacks, and the main tools of technical analysis. Chart Patterns, Point & Figure, Stochastics, Sentiment indicators, Elliot Wave Theory, RSI, R, Candlesticks and more are covered, including both the concepts and the practical applications. Also including programming technical analysis tools, this book is a valuable tool for both researchers and practitioners.