Product Description
Successful traders know that using Moving Averages can result in more profitable trades--if applied properly. But, what are Moving Averages? When--and how--should they be used? Now, noted trader Clif Droke takes the mystery out of Moving Averages by explaining them in detail, describing how they can be employed to zero in on buy/sell signals that result in more profitable trades--more often. Traders of every level will also discover how to:-Calculate moving averages--including the Simple, Variable, and Exponential-Use moving averages to identify price cycle bottoms-Identify support and resistance levels with moving averages-Spot trend changes with moving averages. Clif Droke, explains how the technical analysis of equity and commodity trends affords one of the greatest hopes of achieving the ultimate end of free enterprise profit. Without the use of this peerless tool, the author believes that most investors will find themselves at the mercy and whim of market forces beyond their comprehension. Tehnical analysis, in his opinion, is the best means possible for attaining financial profit and for understanding the underlying condition of the economy as well as general societal trends. This is but one of the many predictions and theories developed by Gann that are still relevant in today's trading arena. Despite advances in everything from technology to communications, Gann's groundbreaking concepts continue to be viable, influencing today's most successful investors. While his work is considered complex, often dense and difficult for many to decipher, Clif Droke provides and excellent overview of Gann's seminal theories You'll find... - The basic foundations of Gann Theory- the type of chart Gann felt was the most important - and why- Gann's special swing charting approach- Gann's 24 Never Failing Trading Rules- How Gann explains support and resistance - and more ... Read more