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Advanced Technical Analysis of ETFs: Strategies and Market Psychology for Serious Traders

Book Description

A comprehensive book filled with technical analysis tools and strategies for the advanced ETF trader

Advanced Technical Analysis of ETFs is an important resource for sophisticated ETF traders that contains a wealth of expanded strategies for technical trade setups and includes the author's best real trade examples (both winning and losing), as well as additional user-friendly technical indicators. Step by step this book offers you a how-to guide for profiting from ETFs through a unique strategy of technical analysis that was outlined in Wagner's previous book and summarized in the introduction. The strategy is designed to compare relative strength using a top-down approach.

In this book, Wagner focuses on new indicators not previously covered including candlesticks (Doji, Hammers, Hanging Man), Fibonacci, and others. He also explores essential new developments on moving average divergence/convergence (MACD), and institutional trading impact and how these elements now exert influence on the market.

  • A vital resource written for ETF traders who are ready for the next level of sophistication

  • Contains the author's signature "my best and worst trades" with real examples from his daily trading at a hedge fund

  • Includes case studies that focus on the technical indicators outlined in the book

  • Explores the role of market psychology for technical analysis traders and his trademark slogan, "Trade what you see, not what you think"

Written in a straightforward and accessible style, this book will help sophisticated traders make the most of today's ETFs.

Table of Contents

  1. Cover
  2. Contents
  3. Title
  4. Copyright
  5. Dedication
  6. Foreword
  7. Acknowledgments
  8. Part I: Introduction
    1. Chapter 1: Some Things Have Changed, but More Has Stayed the Same
      1. What Can I Expect in This Book?
      2. Let’s Rewind
      3. Four Trading Time Frames (Intervals) for Investors
      4. Recap of Our Top-down Strategy
    2. Chapter 2: Complete Synopsis of the ETF Swing Trading Strategy
      1. Core Investing Beliefs
      2. Why Swing Trading? Trading with the Trend!
      3. Risk Control Is Everything!
      4. Market and Trade Structure (Trade Setups)
      5. Overview of the Technical Strategy
      6. Five Steps to Becoming a Master Trader
  9. Part II: Advanced Technical Analysis Strategies for Trading ETFs
    1. Chapter 3: Candlestick Patterns
      1. What Is a Candlestick?
      2. History of Candlestick Charting
      3. Engulfing—Both Bullish and Bearish
      4. Shooting Star—Bearish Reversal Pattern
      5. Hammer—Bullish Reversal Pattern
    2. Chapter 4: Fibonacci Here, There, and Everywhere!
      1. What Is Fibonacci?
      2. Order out of Chaos: The Fibonacci Summation Series
      3. Fibonacci Is Everywhere!
      4. Fibonacci and the Markets
      5. Tying It All Together
      6. Actual Trade Examples Using Fibonacci
    3. Chapter 5: Accumulation-Distribution with RSI
      1. Introduction to Accumulation-Distribution Indicator
      2. Calculation of Accumulation-Distribution by Price and Volume
      3. Introduction to the Relative Strength Index (RSI) Indicator
      4. Examples—Using A-D with RSI to Aid in Trade Entries
  10. Part III: Trade Examples
    1. Chapter 6: 15 ETFs We Bought
      1. Example 1: Trend Reversal Breakout
      2. Example 2: Trend Reversal Pullback and Reentry
      3. Example 3: Trend Continuation Pullback Entry (Unsuccessful Trade)
      4. Example 4: Building a Base Prior to Breakout
      5. Example 5: Trend Reversal Long Entry
      6. Example 6: Trend Reversal Long Entry—Unsuccessful Trade
      7. Example 7: Trend Continuation Long Entry
      8. Example 8: Trend Continuation Long Entry—Unsuccessful Trade
      9. Example 9: Trend Continuation Long Entry
      10. Example 10: Trend Continuation Long Entry
      11. Example 11: Pullback Long Entry—Unsuccessful Trade
      12. Example 12: Trend Reversal Long Entry
      13. Example 13: Trend Reversal Long Entry—Unsuccessful Trade
      14. Example 14: Trend Reversal Long Entry
      15. Example 15: Reentering a Recent Winner
    2. Chapter 7: 15 ETFs Sold Short
      1. Selling Short the Market—A Different Mindset
      2. Example 1: Trend Reversal Short Entry
      3. Example 2: Rally into Resistance Short Entry
      4. Example 3: Rally into Resistance Short Entry
      5. Example 4: Short Entry at Resistance
      6. Example 5: Rally into Resistance
      7. Example 6: Short Entry at Resistance
      8. Example 7: Trend Reversal Short Entry
      9. Example 8: Rally into Resistance Short Entry
      10. Example 9: Trend Continuation Short Entry (Rally into Resistance)—Unsuccessful Trade
      11. Example 10: Trend Reversal Breakdown at Major Support
      12. Example 11: Trend Reversal Short Entry—Unsuccessful Trade
      13. Example 12: Trend Continuation Short Entry—Unsuccessful Trade
      14. Example 13: Rally into Resistance
      15. Example 14: Trend Reversal Short Entry—Unsuccessful Trade
      16. Example 15: Trend Reversal Short Entry—Unsuccessful Trade
      17. What about “Short ETFs”?
  11. Part IV: Mastering the Psychology of Trading
    1. Chapter 8: Road Map of Market Psychology
      1. The Individual versus the “Group”
      2. The Importance of Understanding Market Structure and Trader Psychology
      3. Understanding Market Structure Is Critical to Trading Psychology
      4. Greed, Fear, and Hope . . . What About Regret?
    2. Chapter 9: Understanding the Four Stages of Every Market Cycle
      1. Stage 1: Accumulation or Basing Action
      2. Stage 2: Breakout/Trending Phase
      3. Stage 3: Topping/Exhaustion
      4. Stage 4: Trend Reversal/Declining Stage
  12. Part V: Latest Developments in ETF Trading
    1. Chapter 10: Latest Trends and Innovations in Exchange-Traded Funds
      1. Can You Say Free, Anyone?
      2. Innovative Investment Discipline ETFs
      3. BDC ETNs
      4. International Small-Cap ETFs
      5. Contango-Proof Your Commodity Exposure
      6. Emerging Market Sector-Specific ETFs
      7. Volatility Exposure ETFs
    2. Chapter 11: Important Accounting Considerations
      1. Overview: The Difference between ETFs and ETNs from a Tax Perspective
      2. Mechanics behind ETF Taxation
      3. Commodity Exchange-Traded Funds
      4. Fixed-Income and Equity Funds
      5. Currency Funds
      6. Other Alternative Funds
      7. Additional Tax Issues for ETFs—Taxation of Distributions
      8. Distributions in Excess of Earnings and Profits
      9. Which ETP Is Best for Me? Tax Objectives Matter
  13. Part VI: Where to Go From Here
    1. Chapter 12: Trading is a Journey, Not a Destination
      1. Four Key Elements of Success
      2. The Big Misconception
      3. The Two Ratios to Know
      4. The Journey to Success
  14. About the Authors
  15. Index