Rating: 
- Wrong Book Title
The title is totally misleading because it certainly did not 'DeMystified'
technical analysis for me.
I have read many trading books and this is by far the worst. I find the author's explanation incomplete and confusing. To be fair, the book does list some good trading practices (e.g. always know your entry and exit BEFORE you trade), it has nothing to do with technical analysis.
I have NEVER written a book review in Amazon before, but this book is so bad that I am compelled to voice my opinion.
Do not waste your time and money in this book. Even 'Technical Analysis for Dummies' is a better choice.
Rating:
- An Important Contribution for All Traders
Serious and not casual beginners and advanced traders will find this text a pearl. Connie Brown's expertise is a given however just like my French professor at City College she expects all to do intense homework. The text illustrates trading concepts that will require burning the midnight oil to understand and use them successfully. MS Brown illustrates exactly how to apply the important tools. She does employ her own Composite Oscillator (which I use in my own trading) and compares its divergence to the RSI as an important sign for price reversal. She points out that there are hidden secrets of importance in those oscillator squiggles that we usually disregard as noise.
The importance of simultaneous signals given at different time intervals and by different tools is illustrated. The late February 2007 market pullback is illustrated by use of divergence in a three day chart. I checked that and found the lack of divergence in the one day chart. That could have been discussed but was not addressed. She illustrates momentum oscillator details (Stochastic, (Stochastic flutter), MACD with fast and slow settings, Gann price prediction (mentioned but not detailed), Astronomy as a timing method (illustrated briefly), and cycles. She incorporates these techniques with Elliott wave and Fibonacci retracement and projection in detailed analysis of trading case histories that are invaluable to study in detail. Price reversals were surprisingly left out and will have to be studied in her other works. They were apparent in some of the examples however other points were highlited at the time.
In conclusion, this book represents observations and discussion from a master trader. Her motivation is strictly academic. She points out the most important tools you will need to meticulously study to be a successful trader. You will find out what you really don't know.
Glenn Tisman, M.D.
- Wrong Book TitleThe title is totally misleading because it certainly did not 'DeMystified'
technical analysis for me.
I have read many trading books and this is by far the worst. I find the author's explanation incomplete and confusing. To be fair, the book does list some good trading practices (e.g. always know your entry and exit BEFORE you trade), it has nothing to do with technical analysis.
I have NEVER written a book review in Amazon before, but this book is so bad that I am compelled to voice my opinion.
Do not waste your time and money in this book. Even 'Technical Analysis for Dummies' is a better choice.
Rating:
- An Important Contribution for All TradersSerious and not casual beginners and advanced traders will find this text a pearl. Connie Brown's expertise is a given however just like my French professor at City College she expects all to do intense homework. The text illustrates trading concepts that will require burning the midnight oil to understand and use them successfully. MS Brown illustrates exactly how to apply the important tools. She does employ her own Composite Oscillator (which I use in my own trading) and compares its divergence to the RSI as an important sign for price reversal. She points out that there are hidden secrets of importance in those oscillator squiggles that we usually disregard as noise.
The importance of simultaneous signals given at different time intervals and by different tools is illustrated. The late February 2007 market pullback is illustrated by use of divergence in a three day chart. I checked that and found the lack of divergence in the one day chart. That could have been discussed but was not addressed. She illustrates momentum oscillator details (Stochastic, (Stochastic flutter), MACD with fast and slow settings, Gann price prediction (mentioned but not detailed), Astronomy as a timing method (illustrated briefly), and cycles. She incorporates these techniques with Elliott wave and Fibonacci retracement and projection in detailed analysis of trading case histories that are invaluable to study in detail. Price reversals were surprisingly left out and will have to be studied in her other works. They were apparent in some of the examples however other points were highlited at the time.
In conclusion, this book represents observations and discussion from a master trader. Her motivation is strictly academic. She points out the most important tools you will need to meticulously study to be a successful trader. You will find out what you really don't know.
Glenn Tisman, M.D.
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