"Rocket Science for Traders" by John Ehlers offers proven systems for technical analysis, enabling traders to accurately forecast market trends. Ehlers shares techniques that work in various market conditions, providing seasoned traders with tools to make informed decisions even in challenging situations.
Written by the creator of MESA, a popular, proven and successful computerized trading system. Establishes a philosophical foundation for the existence of cycles in the market, detailing their basic characteristics. Traditional moving averages, indicators and momentum functions are examined from the cyclic perspective in order to confirm effects in the dynamic marketplace. All of the principles are combined in examples to illustrate how trading strategies can be altered to improve probability of establishing successful trades.