Trend Forecasting with Technical Analysis: Unleashing the Hidden Power of Intermarket Analysis to Beat the Market By: Mendelsohn, Louis B List Price: $19.95 Our Price: $5.90

Synopsis:
Market methods from the last century won’t work in this one and Louis Mendelsohn’s breakthrough book takes technical analysis to a new level. Mendelsohn presents a comprehensive approach combining technical and intermarket analysis into one powerful framework for accurately forecasting trends. You’ll discover: Precise trading strategies that work for day & position traders; The limitations of traditional technical analysis methods; And how to accurately forecast moving averages using intermarket analysis and neural networks. It’s time for a fresh approach to technical analysis. Now, get the latest market timing and trend forecasting methods you need to profit consistently in the equity, options and futures markets.

Jacket Description:
Market techniques that worked in the last century won't work in the current one. Now, Louis Mendelsohn's groundbreaking book takes technical analysis to the next level-giving today's traders all the tools needed to make more winning trades-more often.

Mendelsohn presents a comprehensive approach-combining technical and intermarket analysis into one powerful framework for accurately forecasting trends.

You'll also discover:

-Precise trading strategies that can be used by both day traders and position traders

-The limitations of traditional technical analysis methods

-How to use moving averages as a leading-not lagging-indicator by the application of networks to intermarket analysis.

PLUS-an introduction to VantagePoint Software and its amazing forecasting capabilities. This powerful software makes Mendelsohn's work simply-and effectively.

Table of Contents:

Foreword 11

Preface 15

Introduction 17

Chapter 1
TRADING IN THE GLOBAL ECONOMY- Have Your Trading Strategies and Profits Kept Pace? 25
The Markets Are Constantly Evolving 26
The World's Futures and Equity Markets Are Linked 27
Emerging Forces Usher in the New Global Economy 29
Market Volatility and Financial Crises Are Here to Stay 31

Chapter 2
SINGLE-MARKET ANALYSIS-Trading With Tunnel Vision Can Put You on the Losing Side of a Trade 35
While Numbers Don't Lie, They Can Be Deceiving 36
The Goal Is to Forecast Market Trend Direction 36 You Can Play the Markets, or You Can Time the Markets 37 Technical Analysis Has Not Kept Pace With the Markets 38 Traders Need to Take Off Their Blinders 41

Chapter 3
INTERMARKET ANALYSIS-Seizing Trading Opportunities in a Shrinking World 45
Intermarket Analysis in the Equity and Commodity Markets 46
No Market Is Exempt From Globalization 49
Why Markets Converge or Diverge 50
Intennarket Dynamics Must Be Taken Into Consideration 51
Early Attempts at Intermarket Analysis Fall Short 51
Tracking Related Markets Pays Off 52
Full Field of Vision Is Critical 53
Intermarket Analysis: In the Right Place at the Right Time 56
The Only Thing Certain Is Uncertainty Itself 57

Chapter 4
TODAY'S MARKETS HAVE CHANGED-Why Trend Forecasting

Beats Trend Following and How Traders Can Profit 59
Moving Averages Are Lagging Indicators 60
Moving Averages Are Popular-But Something's Missing 62
Moving Average Crossovers Lead to Whipsaws 63
Computing a Simple Moving Average Is Easy 65
Displaced Moving Averages: Close But "No Cigar" 66
A New Way to Forecast Moving Averages 66
Leading Indicators Give You a Competitive Edge 69

Chapter 5
VANTAGEPOINT FORECASTS MARKET DIRECTION

How to Get a Sneak Preview of Where the Markets Are
Going and Use This Information to Your Advantage 71
VantagePoint Monitors Major Financial Markets 71
Five Neural Networks Make Independent Forecasts 73
What VantagePoint's Daily Report Tells You 76
Intermarket Charts Show You What's Ahead 80
VantagePoint Is Quick and Easy 82
How to Find a Good Trade 83
Here's How to Get Added Confirmation 84
Day and Position Trading With Tomorrow's Price Forecasts 88
Stop Placement Based on Forecasts Not Hunches 89
Other Markets Give Added Confirmation 90
How To "Cherry-Pick" the Best Trades to Take 91

Chapter 6
NEURAL NETWORKS-How to Raise Your Financial IQ
to Stay Ahead of the Competition 93
Neutral Networks Combine Technical and Intermarket Data 94
Neutral Networks Lean Patterns and Make Forecasts 95

Chapter 7
THE NEXT HORIZON-Where Do We Go From Here and What Does This Mean for Traders? 99
There Will Never Be a Financial Crystal Ball 101

Trading Resource Guide 103

About the Author and Market Technologies Corporation 115

Review:
By Louis B. Mendelsohn with Foreword by John Murphy
...................................................
Every trader knows that trend forecasting and on-target timing are key factors in turning a higher percentage of trades into winners. But - absent a crystal ball - it's hard to master of the art of precision market timing. As Louis Mendelsohn notes in his powerful new book Trend Forecasting with Technical Analysis …

"It's no more possible to make 100% accurate forecasts of the financial markets than to get the Wall Street Journal one day in advance. Forecasting inherently involves mathematical probabilities, not certainty. However, a market forecast does not need to be perfect to tilt the odds in your favor."

In other words, if you can gain a larger percentage of accuracy in your trades, you will win more often than not - which is the key to long-term market success. Now, Mendelsohn's excellent new book shows investors exactly how to reach an astounding accuracy rate, by applying the techniques of technical analysis that he has honed to pure perfection over the years.

For decades, investors have made technical analysis methods part of their trading arsenal in the battle to predict market trends and precise entry and exit points. Nearly a decade ago, noted technician John Murphy made a landmark advancement in the field when he introduced the concept of Intermarket Analysis, which integrates analysis of all the world's financial markets, rather than staying with the single-market model that was the norm.

Now, VantagePoint software creator Louis Mendelsohn enters the new century with another new approach to technical analysis that addresses the rapid-fire changes in the trading markets, by combining technical and intermarket analysis into a powerful new framework for accurately forecasting trends.

Intermarket concepts first proposed by John Murphy over a decade ago are even more important to traders in today's markets, Mendelsohn contends. And - when combined with neural network analysis - his innovative concepts give traders just the tools they need to make more winning trades - more often. In fact, he boasts an accuracy rate of nearly 80% at forecasting market direction using the proprietary methods he reveals in Trend Forecasting with Technical Analysis.

For those who find the mere mention of "neural networks" intimidating, Trend Forecasting removes the "fear factor" by explaining how easy these concepts are to apply to the real world through the use of today's software tools including, but not limited to, Mendelsohn's own VantagePoint program.

Trend Forecasting also provides ...

- Precise trading strategies that can be used by both day traders and position traders.
- Background on the limitations of various traditional technical analysis methods.
- And detailed tips for using Intermarket Analysis, with the neural networks, to forecast moving averages and use them as leading, rather than lagging indicators.

With the markets rapidly changing, it's time for a fresh, new approach to using technical analysis, and Mendelsohn's book provides the latest market timing and trend forecasting strategies you need to profit consistently in the equity, options, and futures markets. As famed technician John Murphy notes, "Since I ...first described intermarket principles 10 years ago, I feel indebted to Mendelsohn for proving that those ideas do, in fact, work and can be profitably applied to the financial markets."

You should be aware, though, that Trend Forecasting does not provide an in-depth treatment of Intermarket and general Technical Analysis techniques, assuming the reader will have a working knowledge or familiarity with both. And more background on these concepts can be easily found in John Murphy's "Intermarket Technical Analysis" or Steve Achelis' "Technical Analysis A-Z, 2nd edition." However, Trend Forecasting clearly illustrates and supports Mr. Mendelsohn's contention that by blending the two together and applying Neural Networks and other analytical tools available to today's traders, any investor can change and improve their forecasting abilities to an amazing degree, simply and effectively. This compact yet powerful work will benefit every active trader and, as market technician extraordinaire John Murphy states, "many of the techniques described by Mendelsohn in this pioneering work will play an important role in helping to bring about those changes." Synopsis:
Here is a treasure trove of easy to use tools for mapping your course through today's market. Whether you're using online charts or a professional charting software program, these techniques from master technician John Murphy can increase your trading success.

Jacket Description:
"One of the greatest benefits of technical analysis is its applicability to any and all markets ... charts can be an extremely valuable tool-if you know how to use them. This booklet is a good place to start learning how."
-from the foreword by John Murphy

Renowned market technician John Murphy presents basic principals of technical analysis in easy-to-understand term.

He covers...

- All types of chart analysis
- "Need to know" concepts, including trendlines, moving averages, price gaps, reversal patterns, volume & open interest spreads, and more!
- Price forecasting and market timing applications
- A full resource guide of technical analysis aide
- How to use the industry's top tools to obtain a better understanding of what charts can do-and how they can help you grab your portion of today's trading profits.

Table of Contents:
Introduction

Chapter 1
Why Is Chart Analysis So Important?
Market Timing

Chapter 2
What Is Chart Analysis?
Charts Reveal Price Trends
Types of Charts Available
Any Time Dimension

Chapter 3
How to Plot the Daily Bar Chart
Charts Are Used Primarily to Monitor Trends

Chapter 4
Support and Resistance
Trendlines and Channels

Chapter 5
Reversal and Continuation Price Patterns
Reversal Patterns
The Head and Shoulders
Double and Triple Tops and Bottoms
Saucers and Spikes
Continuation Patterns
Triangles
Flags and Pennants

Chapter 6
Price Gaps

Chapter 7
The Key Reversal Day

Chapter 8
Percentage Retrenchments

Chapter 9
The Interpretation of Volume
Volume Is an Important Part of Price Patterns
On Balance Volume (OBV)
Plotting OBV
OBV Breakouts
Other Volume Indicators

Chapter 10
Using Different Time Frames for
Short- and Long-Term Views
Using Intraday Charts
Going from the Long Term to the Short Term

Chapter 11
Using A Top-Down Market Approach
The First Step: The Major Market Averages
Difference Averages Measure Different Things
The Second Step: Sectors and Industry Groups
The Third Step: Individual Stocks

Chapter 12
Moving Averages
Popular Moving Averages
Bollinger Bands
Moving Average Convergence Divergence (MACD)

Chapter 13
Oscillators
Relative Strength Index (RSI)
Stochastic
Any Time Dimension

Chapter 14
Ratios and Relative Strength
Sector Ratios
Stock Ratios
Market Ratios

Chapter 15
Options
Option Put/Call Ratio
Contrary Indicator
CBOE Volatility Index (VIX)

Chapter 16
The Principle of Confirmation

Chapter 17
Summary and Conclusion

Recommended Reading
Investing Resource Guide

Review:
Chart analysis, and the use of technical analysis, has become extremely popular during the last decade. Both the internet and the low cost software packages currently available make learning and applying the power of chart analysis to trading more accessible than ever to the all investors.

But as master technician John Murphy points out in his new booklet, Charting Made Easy, having access to this information is helpful ONLY if investors and traders know what to DO with it. Investors who learn how to interpret charts can use them to spot significant trend changes immediately - allowing them to take advantage of the big opportunities these shifts present.

Now, two brand new products featuring John Murphy, the former CNBC "Tech Talk" host, are available to help traders of every experience level learn how to read, interpret and apply charts for achieving profitable results - trade after trade..

Charting Made Easy, as the title implies, is a fairly basic introduction to the world of charting. It is a brief, compact booklet covering the basics in short, to-the-point chapters. Readers will find everything from why charting is such an important tool in market timing to …
- recognizing price trends and shifts in trends
- how to plot daily bar charts
- options basics
- using support and resistance levels, reversal and continuation patterns, price gaps, moving averages, oscillators, and the important principal of confirmation.
It is, by no means, a comprehensive technical analysis resource. But it is a very valuable overview and introduction to technical analysis - explained in clear, non-technical language, and illustrated with visual charts. It's a great primer for newcomers, and a handy refresher guide for more experienced players.

An excellent complement to Charting Made Easy is a new 90 minute "video" course called "High Probability Chart Reading with John Murphy." This hands-on tutorial allows viewers to learn and perfect the most important aspects of technical analysis at their own pace, in the privacy of their own home - while enjoying the expertise of a true pro like John Murphy.

And, while it reinforces many of the concepts presented in Charting Made Easy - it also covers each item in more depth and reveals …

- The price patterns Murphy has found most reliable over time
- His personal favorite indicators
- The importance of using them in conjunction with one another

Murphy also explains his pioneering work in the field of intermarket analysis - a proven analytical approach based on evaluating the impact different markets have on each other. He shows traders the ins and outs of trading, supported by real world examples, while also schooling viewers in the art of reading the markets by "visually" comparing charts, rather than employing complicated technical concepts.
As John Murphy himself notes, "Charts can be used by themselves, or in conjunction with fundamental analysis. Charts can be used to time entry and exit points by themselves or in the implementation of fundamental strategies. Whichever way you choose to employ them, charts can be an extremely valuable tool - if you know how to use them."

"It's not necessary to be an expert chartist to benefit from chart analysis. However, chart analysis will go a long way in keeping the trader on the right side of the market and in helping to pinpoint entry and exit points, which are so vital to trading success. Whether a participant is a day trader or a long-term investor - it's to his or her advantage to learn about chart analysis."

These two new products are an excellent starting point to get a complete background in learning to read and use charts. And now - for a limited time only - when you buy John Murphy's video presentation - you can get Charting Made Easy absolutely Free