You are previewing The Complete Trading Course: Price Patterns, Strategies, Setups, and Execution Tactics.
O'Reilly logo
The Complete Trading Course: Price Patterns, Strategies, Setups, and Execution Tactics

Book Description

A practical guide covering everything the serious trader needs to know

While a variety of approaches can be used to analyze financial market behavior and identify potential trading/investing opportunities, no approach is completely accurate. The challenge for traders is to find a method that they feel comfortable with and are able to implement consistently, through the normal ups and downs of trading.

The Trading Course provides you with a detailed description of the methods used to analyze markets, spot profitable trading opportunities, and properly execute trades. Page by page, this book references different trading methodologies, but focuses specifically on applying them when attempting to identify good trades.

  • Discusses the principles of price behavior, trends, trade set ups, trade execution, and intermarket relationships

  • Details different trading tools and techniques, including Japanese Candlesticks, Elliott Wave, Dow Theory, momentum indicators, and much more

If you want to become a successful trader, you have to be prepared. This book will show you what it takes to make it in this field and how you can excel without getting overwhelmed.

Table of Contents

  1. Cover
  2. Half Title Page
  3. Series
  4. Title Page
  5. Copyright
  6. Dedication
  7. Preface
    1. HOW THE BOOK IS ORGANIZED
  8. Acknowledgments
  9. Half Title Page
  10. Part I: Foundational Principles
    1. Chapter 1: Supremacy of the Trend
      1. WHAT IS A TREND?
      2. METHODS FOR DEFINING TRENDS
      3. PINPOINTING THE TREND REVERSAL IN 2009
    2. Chapter 2: Momentum's Leading Edge
      1. THE SCIENCE OF MOMENTUM
      2. MOMENTUM IN THE STOCK MARKET
      3. GAPS REVEAL MOMENTUM
      4. THE MOMENTUM INDICATOR
      5. THE RATE OF CHANGE INDICATOR
      6. THE 3/10 MACD OSCILLATOR
      7. WHERE MOMENTUM IS STRONGEST
    3. Chapter 3: Price Alternation Principle
      1. DEFINING THE PRINCIPLE
      2. PRICE CONTRACTION PHASE
      3. PRICE EXPANSION PHASE
      4. VIEWING THE MARKET AS BUYERS AND SELLERS
      5. FEEDBACK LOOPS
      6. CHOOSING THE RIGHT INDICATORS
  11. Part II: Strategies and Tools
    1. Chapter 4: Candlestick Charting
      1. BENEFITS OF USING CANDLESTICK CHARTS
      2. CONSTRUCTION OF CANDLESTICK CHARTS
      3. BASIC TERMS USED TO DESCRIBE CANDLESTICKS
      4. COMMON SIGNALS
      5. THREE TRADING SCENARIOS
      6. A LITTLE KNOWLEDGE GOES A LONG WAY
    2. Chapter 5: Examining Price Patterns
      1. WHAT ARE PRICE PATTERNS?
      2. INTRODUCTION TO THE MOST POPULAR PATTERNS
      3. HEAD AND SHOULDERS
      4. INVERSE HEAD AND SHOULDERS
      5. BULL FLAG
      6. TRIANGLES
      7. USING PRICE PATTERNS IN THE REAL WORLD
    3. Chapter 6: Fibonacci Tools
      1. WHAT IS FIBONACCI IN TRADING?
      2. FIBONACCI RETRACEMENTS
      3. HOW TO IDENTIFY FIBONACCI RETRACEMENT CONFLUENCE ZONES
      4. THE MULTIPLE USES OF FIBONACCI TOOLS
    4. Chapter 7: Following the Life Cycle of a Price Move
      1. THREE PHASES OF A LARGE-SCALE PRICE MOVE
      2. VISUALIZING THE STAGES THROUGH CHARTS
      3. RALPH ELLIOTT'S WAVE THEORY
      4. THE THREE RULES OF ELLIOTT WAVE
      5. ELLIOTT WAVES EXAMPLE: RESEARCH IN MOTION
      6. FINAL TIPS FOR APPLYING THE LIFE CYCLE IN REAL TIME
  12. Part III: Execution and Trade Setups
    1. Chapter 8: Edge, Expectancy, and Execution
      1. ALL ABOUT EDGE
      2. EDGING OUT YOUR EXPECTANCY
      3. TRADE EXECUTION TACTICS
    2. Chapter 9: Four Basic Trade Setups
      1. COMMON COMPONENTS OF EVERY TRADE
      2. HOW TO CLASSIFY TRADE SETUPS
      3. MEAN REVERSION STRATEGIES
      4. MEAN DEPARTURE STRATEGIES
      5. WHERE TRADES FIT IN THE LIFE CYCLE
      6. TRADING CONFIDENTLY
    3. Chapter 10: Specific Trade Setups for Today's Markets
      1. THE CRADLE TRADE
      2. THE IMPULSE BUY AND IMPULSE SELL TRADE
      3. USING MULTIPLE TIMEFRAMES TO ENTER AN IMPULSE BUY TRADE
      4. CONCLUDING THOUGHTS
  13. About the Author
  14. Bibliography
  15. Index