Customer Reviews

Chart Reading for Professonial Traders

5 star:		(2)
4 star:		(1)
3 star:		(0)
2 star:		(1)
1 star:		(1)

 

 

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.

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.

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.

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

I thought this book was going to be good!! but it turned out to be gann stuff that you can locate online for free with a little effort,most of this stuff you will need a computer and most likely tradestation software. so dont expect to buy the book and implement the methods the next day. As for the methods in the book, i have used most of them and i would say its 50/50 at best, with gann there are way too many things that need to line up (price time angle degrees) before you can get an edge. I belive gann traded mostly long term (yearly and monthly charts) you need to be very patient waiting for that perfect set up to come along, which most people dont have the ability to wait. Any way if you want to learn gann then there are better places to start out, lambert courses are good start.