TPO, Order Flow, VWAP: Perfect Stock Analysis using Technical and Fundamental Filters($79.00Value)

Description

Analyzing stocks using profile zones and order flow is a completely new field for retail investors and traders. This book contains more than 230 charts that illustrate that stock price movements are not random but are based in many cases on factors that can be determined objectively. It is possibly the first book to deal in detail with profile zone and order flow charts for stocks. The focus is on US stocks that have sufficient liquidity to implement the analytical approaches presented here. These include a combination of fundamental and technical factors that can ultimately lead to a successful trading decision. However, taking specific characteristics into account, auction theory and order flow analyses can be applied to any market. This book provides an introduction to how to navigate through the constant ups and downs of the markets with less stress, without following a 24-hour circus of opinions. However, anyone expecting a mechanical trading system here will be disappointed, because nothing is more important than the context in which the approaches presented here should be applied. This context is presented in the form of additional filters that simplify the fundamental environment for significant movements in graphical form. This reduces the seemingly irrational and complex components of the market down to the essentials. Separate sections are devoted to the oil and gold sectors, as the dynamics of these commodities also have a strong impact on the stocks of the respective industries. Another highlight of the book is the section covering the analysis of the gold price and gold mining stocks. There, fundamental filters are presented that have been developed over decades of observation and have withstood the test of time. With this book, stock investors and traders have a toolkit at their disposal to successfully master any situation.