Chart Reading for Professonial Traders [Paperback]

Michael Jenkins (Author)

Book Description

ISBN-10: 0934380287 | ISBN-13: 978-0934380287 | Publication Date: August 1996

This book is a complete, comprehensive study on reading charts, forecasting the market, time cycles, and trading strategies. It explains reversal of trends, when to expect them and how to know the trend has changed. Shows you how to forecast with great reliability how long the new trend will last and its price target. As does his first book, Geometry of Stock Market Profits, this book discusses in-depth the Gann techniques of time and price. There is a progression to the very advanced concepts of day trading off of circular arc segments and calculating final high and low price targets. Each principle is demonstrated with numerous chart illustrations and real world applications. The information found in this book is unique with many of the techniques discovered personally by Mr. Jenkins and are found nowhere else!

Product Details

• Paperback: 140 pages
• Publisher: Wasendorf & Associates Inc (August 1996)
• Language: English
• ISBN-10: 0934380287
• ISBN-13: 978-0934380287
• Product Dimensions: 10.8 x 8.4 x 0.4 inches
• Shipping Weight: 1.1 pounds (View shipping rates and policies)
• Average Customer Review: 3.4 out of 5 stars  See all reviews (5 customer reviews)
• Amazon Best Sellers Rank: #880,746 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

16 of 18 people found the following review helpful:

2.0 out of 5 stars Some thought-provoking ideas but not enough practical detail, April 12, 2004

By 

Giuseppe V. Verardi (Rome, RM Italy) - See all my reviews
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This review is from: Chart Reading for Professonial Traders (Paperback)

This book from Mr.Jenkins contains some interesting ideas mainly suited with WD Gann students.
Some parts of the book are truly interesting, but you will very often feel frustrated since the author does not go into details, mainly since "he can't share his discoveries".
According to the author, the reader should start from the clues he leaves here and there in the book to develop his own analyses. Though if this position about the need of self study is fully acceptable, at least in my experience, the clues left were not enough to develop through my study specific trading strategies and techniques.

13 of 15 people found the following review helpful:

5.0 out of 5 stars Geometric Trading Techniques, December 7, 2001

By 

"lmm-trader" (Lisboa, Portugal) - See all my reviews

This review is from: Chart Reading for Professonial Traders (Paperback)

Probably for Gann students only, this is not an easy book to read if your main interests on trading relate to stuff like RSI or ADX.

Mr. Jenkins follows a very simple line of thought showing you market timing techniques to forecast the market. Some of them will demand a lot of work to really discover, others are relatively simple. It's an economic book about market geometry, for traders who are already into the concept of the Natural Law, but that will show delightful insights on... stuff that works!

You'll probably need some special software to draw some of the charts, like Ganntrader, unless you do your own charting the old way: manual updates. Wether you do position tradind or daytrading you'll be emerged in a world of trading tips that one way or the other, sooner or later, you'll need to implement.

It improved my trading, so, I must recommend it.

3 of 3 people found the following review helpful:

4.0 out of 5 stars Great Book For Techniques, August 17, 2009

By 

infolode - See all my reviews

This review is from: Chart Reading for Professonial Traders (Paperback)

If you're a chartist, or wish to be, this is another of Jenkin's books that is insanely cheap compared to the rewards that can be reaped. Flavored with Gann but not overly so.

This was my "ah-ha" book that made things click several years ago.