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Trading the Measured Move : A Path to Trading Success in a World of Algos and High Frequency Trading

9781118251836

Trading the Measured Move : A Path to Trading Success in a World of Algos and High Frequency Trading

  • ISBN 13:

    9781118251836

  • ISBN 10:

    1118251830

  • Edition: 1st
  • Format: Hardcover
  • Copyright: 12/23/2013
  • Publisher: Wiley

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Summary

Mastering the Measured Move provides traders with a blueprint for profiting from the price waves created by computer-driven algorithmic and high-frequency trading strategies. The core of author David Halsey's approach is a novel application of Fibonnaci retracements, which he uses to set price targets and low-risk entry points. The approach allows traders to guage market sentiment, recognize institutional participation at specific support and resistance levels, and to differentiate between short-term and long-term trades at various price points in the market. The book offers specific trading set ups including opening gap strategies; breakouts and failed breakout strategies; range trading strategies; and pivot trading strategies. The author's strategies often fly in the face of conventional technical analysis and, in so doing, allow individual traders to escape institutional strategies designed to profit from slower-moving market participants. In short, Mastering the Measured Move will provide traders with a new perspective and new strategies to successfully navigate today's computer driven financial markets.

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