Price: $23.87
Relative strength and breadth analysis may not be the most commonly used techniques in trading, yet, their amalgamation could significantly enhance any price-based trading system and boost overall profitability. While the majority of traders rely on price-based systems to determine trading decisions, the use of relative strength and breadth studies offers a unique perspective and guidance on what to trade, when to trade, and how to allocate resources. This book introduces a fresh viewpoint on market analysis and equips you with objective methods engineered to yield returns superior to those of the broader market.
Here’s a glimpse of what lies within these pages:
· An in-depth explanation of Relative Strength and Breadth analysis and practical ways to utilize it.
· Tools to detect the strength and weakness of sectors & stocks.
· An overview of traditional and crucial tools linked with relative strength charts.
· Detailed explanation of Ratio charts, RS indicators, and P&F RS.
· Objective tools, patterns, and trading systems using RS & Breadth studies.
· Introduction to numerous innovative tools and objective methods to identify trades in the outperforming and underperforming instruments.
· How to determine the ideal trading strategy based on comprehensive market phase studies.
· Logical discussion of concepts to assist in the development of your own trading system.
· Live market charts and data of the Indian markets to elucidate the concepts.
Whether you’re an experienced market participant or a novice, you can leverage the concepts discussed in this book. They can be applied across all types of financial markets and instruments, and across any time frame. Dive in to explore more.