A top trader shows you how to make money in any type of market using price charts
Knowledgeable traders are able to make money using their skillful reading and interpretation of price charts, irrespective of whether the market is rising or falling — or simply moving sideways.
In this bestselling book, Ashwani Gujral shows how you too can make money in any type of market by correctly identifying the market’s mood from the various typical patterns that are formed on charts — and by using appropriate trading methods for each pattern:
How to make big profits by identifying a trend and trading with it
How to make mega profits by identifying impending trend reversals and catching big moves in the opposite direction
How you can reap windfall profits by identifying and trading breakouts from continuation price patterns on charts
How to use volume to confirm price action
How to use momentum indicators in conjunction with charts to finesse profitable entries and exits
How to improve your trading success rate and protect your capital using proven methods of money management
How charts can help you identify hot sectors and stocks to trade
Trading rules for different chart patterns
PLUS: New chapter — Trading the Railway-Line Theory.
Using real-life examples and 175 charts from the Indian markets, this pioneering and comprehensive book on chart patterns and chart analysis explains every significant tradable pattern, buy and sell signal, and the use of important technical indicators.
Novices and professional traders alike will profit from this book, and the lessons it offers are equally applicable whether you trade stocks, derivatives, commodities, currencies, etc.