Description
The strategy, in fact, is not used in a classical way but seeks to exploit the completion of a Gartley or Butterfly, trying to ride the last leg.
What you are going to read in this book is my personal interpretation of this type of pattern. A way to predict a future movement of a market, which I have elaborated on after observing many similar situations, and identifying a subsequent trend common to many cases that share certain conditions.
Identifying this strategy's target profit and stop-loss is easy and clear. Not only this but depending on your account, I will also explain the correct position sizing so that you can properly manage your money.
If you are a beginner, do not worry; the first two chapters will provide you with adequate knowledge for understanding the strategy and using it correctly.
However, combining this strategy with fundamental analysis is recommended, as is opening a position only if both give the same signal.
Author: Hector Shane Williams
Publisher: Hector Shane Williams
Published: 03/14/2023
Pages: 138
Binding Type: Hardcover
Weight: 0.78lbs
Size: 9.00h x 6.00w x 0.38d
ISBN13: 9781806309184
ISBN10: 1806309181
BISAC Categories:
- Business & Economics | Investments & Securities | Analysis & Trading Strategies
- Business & Economics | Investments & Securities | Futures
- Business & Economics | Investments & Securities | Derivatives