Publisher's Synopsis
Color Edition. This version of the book contains COLORED charts. A Black & White Edition is also available. NEW! Technical Analysis Methodology. Locate High Probability Targets! Create an accurate Market Road Map identifying significant technicals and market levels that allow successful trading & investment strategies. The methodology provides a step-by-step process to setting up your technical charts using several common classical technical analysis techniques. The resulting market perspective not only identifies significant technicals you should be watching, but also target areas for market movement. Part 1 takes a look at each of the individual technical tools needed for the overall methodology. Those new to technical analysis (TA) will learn everything they need to know to apply the method, and end up with a good grasp of TA in general. Seasoned analysts will benefit from a refresher as well as some new thoughts on old methods. In Part 2 the HPTZ Methodology is explained. Tools from Part 1 are used in a repeatable strategy that can be applied to any market. When you use the methodology to find High Probability Target Zones, the chart mark-up becomes an excellent Market Road Map. The tools used to find HPTZ's show likely areas of support and resistance, significant market levels, patterns to be aware of, etc. This can then be used to facilitate a personalized trading or investment strategy based purely on technical triggers.In Part 3 we discuss how to use the market road map created by the method as the backbone for technical trading and investment plans.If you are an experienced analyst this methodology will show you how to integrate your tools. Once you understand what is being done here, you can then also add other technicals (if you wish) to the method. It is not just that several tools are overlapped, it is their integration and common elements that tie them together and by doing so, offer places of market interest (targets).The Basic Technical Analysis Building Blocks used for the HPTZ Methodology are:1.Supports and Resistances (s/r's)2.Patterns3.Fibonacci Theory4.Moving Averages & Bollinger Bands5.W%R Indicator6.Elliott Wave Theory*7.GANN* Each of these are explained in Part 1. *Not a full and complete account of each methodology is given. Select important concepts from each used only. "Minimalist" approach to both theories/methods. Visit MATASII.com to see examples of published market calls using the HPTZ Method.
