Title: A very good TA book that reaches beyond TA
Product review: Unlike most other TA books that only go into details of certain TA tools, the author tried to post the big picture of TA tools as means of creating effective trading strategies that lead to his so called high probability trades. Adopting a step by step approach, he first outlined and explained a number of TA methods, and then reduced these methods to the four steps of trading success he promoted, which are:-1. Determine the major trend of the day2. Determine the minor trend of the day3. Define an exact entry point4. Determine an exit strategyIn my opinion, this book is really helpful and easy to understand. There is plenty of 1-min graphs elaborating the author’s ideas, primarily for stock day trading. Though the prinicples are quite applicable also for longer term trading, I hope that the author will write another book for those position traders like myself.
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