Intended AudienceTrade
Reviews"Marc Rivalland makes a potentially difficulty subject easy to read with great charts and descriptions and lots of examples. The sections on Point & Figure are first class and he so often strikes cords that many a trader will relate to. If you decide to read one new investment book this year, this should be the one!" --David Linton, Updata plc "Mark Rivalland bring amazing new insight, clarity and refinement to age old Gann swing charts. His methodology of combining Gann swing charts and point and figure charts is consistent with the principle of confluence in technical analysis." --Ashwani Gujral, author of How to Make Money Trading Derivatives
Table Of ContentPREFACEExploiting swingsWhy swing trade?Swing charts and point & figure chartsAudienceStructure of this book1. INTRODUCTIONEarly lessonsWhat is a swing trade?What is the point of swing trading?What makes a swing trader?Who swing trades?Swing trading and chartsThe logic underlying the use of charts2. SWING TRADING IN PRACTICESelling shortNormal serviceLinear phases and how to spot themMy approachThe tooled up swing trader3. GANN SWING CHARTSW.D. Gann's secretStandard Dow theory compared to GannChanges of trend and intermediate swingsConstruction of a Gann swing chart4. MODIFIED SWING CHARTSDefinitionsFaults with the Gann swing chartModification 1 - 'Get in Early'Modification 2 - 'If the third day is an outside day, it is part of the correction'Modification 3 - 'Relax the requirement for three consecutive days'Modification 4 - 'Count trading days only'Buy and sell signalsChange of trend signalsContinuation of trend signalsProblem areasTailpiece5. SWING CHARTING TACTICSMy approachProfit maximisation techniques stop losses setting profit targets linear phasesTrading all the swings6. POINT & FIGURE CHARTSIntroductionEthos7. POINT & FIGURE SIGNALSIntroductionThe double top and double bottomThe bullish signalThe bearish signalThe bearish signal reversedThe bullish signal reversedTrianglesThe triple topThe ascending triple topThe spread triple topThe triple top with long tailThe bull trapThe catapultThe triple bottomThe descending triple bottomThe spread triple bottomThe triple bottom with long tailThe long tail downThe high poleMy evaluationMy favourite point & figure signals- The triple top with rising lows- The bearish or bullish shakeoutThe whipsaw8. POINT & FIGURE TACTICSChoose the right securityWhen to take profitsReliability of point & figure chartsTailpiece 1Tailpiece 29. INTEGRATING POINT & FIGURE AND SWING CHARTSIntegrating p&f charts and swing charts when trading indicesIntegrating p&f charts and swing charts when trading individual equitiesTailpiece10. RSIExplanation of RSIWeekly RSI Moving averages The Coppock Indicator Bullish Percent charts Candlesticks Relative strength11. TACTICS FOR LTBHsLimited use of swing chartsUsing options and charts to enhance returnsTailpiece12. SUMMATIONMy approach - a summaryMistakes to avoidFinal wordAppendicesGlossaryIndex
SynopsisThe proactive approach to the stock market - don't be avictim - there is something you can do about it.Swing trading is an approach to the stock market which isconcerned less with value (a moveable feast as many havefound out), and more with exploiting short-term upswingsand downswings in share prices and market indices.Although the ......, The proactive approach to the stock market - don't be a victim - there is something you can do about it. Swing trading is an approach to the stock market which is concerned less with value (a moveable feast as many have found out), and more with exploiting short-term upswings and downswings in share prices and market indices. Although the ranks of swing traders swell daily, not many traders know that there is a type of chart, a swing chart, which is designed specifically for swing trading. In this ground-breaking book, Marc Rivalland, author of 'The Trader' column in Investors Chronicle, shows how swing charts can be used to perfect market timing. Moreover, Marc reveals his hitherto secret modifications to Gann swing charts which make them even more effective for stock market traders. W. D. Gann said "a study of swings in active stocks will convince a man that he can make far greater profits in swings than in any other way of trading". With this book, you get Gann and more. In addition, Marc uses his two decades of experience with point & figure charts to bring to readers an up-to-date and thoroughly modern evaluation of the best point & figure signals to use when trading individual equities. Point & figure is enjoying an enormous resurgence. Readers of this book will discover new insights into this proven and popular 100+year old method of charting share prices. Marc reveals his proprietary method of integrating swing charts and point & figure charts to further increase the chances of success. There is a chapter on the vital RSI indicator and a chapter devoted solely to those more passively inclined - long-term buy-and-hold investors. In every case, the best trading tactics are discussed. Each technique is critically examined. The advantages are highlighted but the disadvantages are not glossed over. In all, the reader will receive a uniquely informative evaluation of the best, most disciplined way to approach the markets. The style of the book is highly practical. Over 100 colour charts of real-life trading situations are used to illustrate the points being made. The charts are carefully annotated, and accompanied by clear and thoughtful commentary. The exact point where buy and sell signals occurred is shown. 'Marc Rivalland on Swing Trading' is THE essential book for stock market investors and traders., The proactive approach to the stock market - don't be a victim - there is something you can do about it. Swing trading is an approach to the stock market which is concerned less with value (a moveable feast as many have found out), and more with exploiting short-term upswings and downswings in share prices and market indices. Although the ranks of swing traders swell daily, not many traders know that there is a type of chart, a swing chart, which is designed specifically for swing trading. In this ground-breaking book, Marc Rivalland, author of 'The Trader' column in Investors Chronicle, shows how swing charts can be used to perfect market timing. Moreover, Marc reveals his hitherto secret modifications to Gann swing charts which make them even more effective for stock market traders. W. D. Gann said "a study of swings in active stocks will convince a man that he can make far greater profits in swings than in any other way of trading." With this book, you get Gann and more. In addition, Marc uses his two decades of experience with point & figure charts to bring to readers an up-to-date and thoroughly modern evaluation of the best point & figure signals to use when trading individual equities. Point & figure is enjoying an enormous resurgence. Readers of this book will discover new insights into this proven and popular 100+year old method of charting share prices. Marc reveals his proprietary method of integrating swing charts and point & figure charts to further increase the chances of success. There is a chapter on the vital RSI indicator and a chapter devoted solely to those more passively inclined - long-term buy-and-hold investors. In every case, the best trading tactics are discussed. Each technique is critically examined. The advantages are highlighted but the disadvantages are not glossed over. In all, the reader will receive a uniquely informative evaluation of the best, most disciplined way to approach the markets. The style of the book is highly practical. Over 100 colour charts of real-life trading situations are used to illustrate the points being made. The charts are carefully annotated, and accompanied by clear and thoughtful commentary. The exact point where buy and sell signals occurred is shown. 'Marc Rivalland on Swing Trading' is THE essential book for stock market investors and traders.