The Complete Trading Course: Price Patterns, Strategies, Setups, and Execution Tactics

381 Pages·2011·6.57 MB·English

by  Corey Rosenbloom

Contents

Half Title Page

Series

Title Page

Copyright

Dedication

Preface

HOW THE BOOK IS ORGANIZED

Acknowledgments

Half Title Page

Part I: Foundational Principles

Chapter 1: Supremacy of the Trend

METHODS FOR DEFINING TRENDS

PINPOINTING THE TREND REVERSAL IN 2009

Chapter 2: Momentum's Leading Edge
THE SCIENCE OF MOMENTUM

MOMENTUM IN THE STOCK MARKET

GAPS REVEAL MOMENTUM

THE MOMENTUM INDICATOR

THE RATE OF CHANGE INDICATOR

THE 3/10 MACD OSCILLATOR

WHERE MOMENTUM IS STRONGEST

Chapter 3: Price Alternation Principle

DEFINING THE PRINCIPLE

PRICE CONTRACTION PHASE

PRICE EXPANSION PHASE

VIEWING THE MARKET AS BUYERS AND SELLERS

FEEDBACK LOOPS

CHOOSING THE RIGHT INDICATORS

Part II: Strategies and Tools

Chapter 4: Candlestick Charting

BENEFITS OF USING CANDLESTICK CHARTS

CONSTRUCTION OF CANDLESTICK CHARTS

BASIC TERMS USED TO DESCRIBE CANDLESTICKS

COMMON SIGNALS

THREE TRADING SCENARIOS

A LITTLE KNOWLEDGE GOES A LONG WAY

Chapter 5: Examining Price Patterns

WHAT ARE PRICE PATTERNS?
INTRODUCTION TO THE MOST POPULAR PATTERNS

HEAD AND SHOULDERS

INVERSE HEAD AND SHOULDERS

BULL FLAG

TRIANGLES

USING PRICE PATTERNS IN THE REAL WORLD

Chapter 6: Fibonacci Tools

WHAT IS FIBONACCI IN TRADING?

FIBONACCI RETRACEMENTS

HOW TO IDENTIFY FIBONACCI RETRACEMENT
CONFLUENCE ZONES

THE MULTIPLE USES OF FIBONACCI TOOLS

Chapter 7: Following the Life Cycle of a Price Move

THREE PHASES OF A LARGE-SCALE PRICE MOVE

VISUALIZING THE STAGES THROUGH CHARTS

RALPH ELLIOTT'S WAVE THEORY

THE THREE RULES OF ELLIOTT WAVE

ELLIOTT WAVES EXAMPLE: RESEARCH IN MOTION

FINAL TIPS FOR APPLYING THE LIFE CYCLE IN REAL
TIME

Part III: Execution and Trade Setups

Chapter 8: Edge, Expectancy, and Execution

ALL ABOUT EDGE

EDGING OUT YOUR EXPECTANCY

TRADE EXECUTION TACTICS
Chapter 9: Four Basic Trade Setups

COMMON COMPONENTS OF EVERY TRADE

HOW TO CLASSIFY TRADE SETUPS

MEAN REVERSION STRATEGIES

MEAN DEPARTURE STRATEGIES

WHERE TRADES FIT IN THE LIFE CYCLE

TRADING CONFIDENTLY

Chapter 10: Specific Trade Setups for Today's Markets

THE CRADLE TRADE

THE IMPULSE BUY AND IMPULSE SELL TRADE

USING MULTIPLE TIMEFRAMES TO ENTER AN
IMPULSE BUY TRADE

CONCLUDING THOUGHTS

About the Author

Bibliography

Index
The Complete
Trading Course
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Copyright © 2011 by Corey Rosenbloom. All rights reserved.

Published by John Wiley & Sons, Inc., Hoboken, New Jersey.
Published simultaneously in Canada.

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Library of Congress Cataloging-in-Publication Data:

Rosenbloom, Corey.
The complete trading course : price patterns, strategies, set-ups, and execution /
Corey Rosenbloom.
p. cm. – (Wiley trading series)
Includes bibliographical references and index.
ISBN 978-0-470-59459-9 (cloth); ISBN 978-0-470-94729-6 (ebk); ISBN 978-0-
470-94728-9 (ebk);
ISBN 978-0-470-94727-2 (ebk)
1. Technical analysis (Investment analysis) 2. Investment analysis. 3. Stocks. 4.
Speculation. I. Title.
HG4529.R67 2011
332.63′2042–dc22
2010032311