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Continuing with recommended trading strategy products (the last of three recommendations): Five Technical Signals by Toni Hansen This is one I only recently discovered, and really enjoyed. One of the key components of my style of price action analysis involves watching for changes in the momentum of the market. Not via a momentum indicator, but through price action analysis itself. I hadn't come across anyone who actually taught this, until discovering Toni's website. Toni refers to this as Pace. You can see some example video's (taken straight from the course) at this website. This course is different to the last two recommendations, as you get a whole lot of stuff - "Five Technical Signals You Should NOT Trade Without" - Three DVD's and a hardcopy workbook.
Bonus: "No Indicators Necessary" - Two DVD's and a pdf workbook.
Bonus: "Successful Market Timing" - pdf ebook.
Toni trades her strategy in both day-trading emini futures and position trading with stocks. Regardless of the market and timeframe you wish to trade, provided it has liquidity to ensure entry and exit without considerable slippage, I believe this strategy can be used profitably. Of course, like all 'real' trading approaches, it takes time and practice. Once again, if you're considering wasting your hard-earned money on the latest hyped up forex strategy ebook, don't do it. Wouldn't you rather get something produced by a real trader. Check it out here. Even if you're not interested at this stage, sign up to Toni's newsletter to receive the daily emini analysis emails, and weekly position trading emails. It's a great opportunity to 'watch over the shoulder' of a real trader. HIGHLY RECOMMENDED! Happy trading, Lance Beggs © Copyright www.YourTradingCoach.com 2008. All Rights Reserved.
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