Guide To Precision Harmonic Pattern Trading Mastering Turning Point Strategy For Financial Trading Young Ho Seo by Young Ho Seo 9781386134800, 1386134805 instant download after payment.

Harmonic Pattern trading uses the direct pattern recognition from the
price chart to predict the potential turning point of the financial
market. Although the history of the harmonic pattern goes back to the
Gartley's book "Profits in the Stock Market" in 1935, Harmonic Pattern
trading became popular in last few decades. In comparison to many
contemporary predictive techniques, there are far less literature
available to study this technique in several different scientific
angles. Most of harmonic pattern trader focuses on the visual aspect of
the pattern keeping very small attention on the precision aspect. In
this book, we want to introduce the brand new precision concept, Pattern
Completion Interval and Potential Continuation Zone, for harmonic
pattern trading. In the first few chapters of this book, we will
illustrate the concept and the operating mechanism behind these new
techniques. After that, we will focus on how to manage your order and
risk with Harmonic pattern. We will illustrate how to apply this
precision concept for both market order and pending order setup for your
practical trading. At the end of the book, we describe the rolling ball
effect and we show how it can affect your turning point strategy. In
the final chapter, we introduce Mutual Pattern Turning Point Strategy
for your practical trading. Then we show you three essential but
powerful steps to trade with turning point strategy. Please note that we
use our own custom ratio sets for harmonic patterns presented in this
book because our backtesting and forward testing results indicates that
they perform better than the original patterns. The studies presented in
this book are the results after the intensive computerized research
using Harmonic Patterns. If you want to dig deeper on rolling ball
effect and other mutual patterns for turning point prediction, you can
also read our book: Scientific Guide to Price Action and Pattern
Trading.