The Gartley Trading Method: New Techniques to Profit from the Markets Most Powerful Formation / Edition 1

by Ross Beck, Larry Pesavento

Overview

A detailed look at the technical pattern simply referred to today as the Gartley Pattern

Gartley patterns are based on the work of H.M. Gartley, a prominent technical analyst best known for a particular retracement pattern that bears his name. In recent years, Gartley patterns-which reflect the underlying psychology of fear and greed in the markets-have received renewed interest.

This definitive guide skillfully explains how to utilize the proven methods of H.M. Gartley to capture consistent profits in the financial markets. Page by page, you'll become familiar with Gartley's original work, how his patterns can be adapted to today's fast moving markets, and what it takes to make them work for you.

• Examines how to identify and profit from the most powerful formation in the financial markets
• Discusses the similarities, differences and the superiority of the Gartley Pattern compared to classical chart patterns including Elliott Wave
• Shows how to apply filters to Gartley patterns to improve the probability of your trading opportunities, as well as specific rules where to enter and exit positions

Gartley's pattern is based on a unique market position where most traders refuse to participate due to fear. This book reveals how you can overcome this fear, and how to profit from the most consistent and reliable pattern in the financial markets.

Product Details

ISBN-13:	9780470583548
Publisher:	Wiley
Publication date:	10/05/2010
Series:	Wiley Trading , #462
Pages:	208
Product dimensions:	7.10(w) x 10.00(h) x 0.90(d)

About the Author

ROSS L. BECK, FCSI, is an author and internationally acclaimed speaker on the subject of market geometry. As the recognized authority on the subject of the Gartley pattern, Beck has been consulted by a number of technical analysis software companies to assist in the creation of Gartley pattern functionality. Beck is a member of the Market Technicians Association and holds the Derivatives Market Specialist (DMS) and Fellow of the Canadian Securities Institute (FCSI) designations from the Canadian Securities Institute.

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Table of Contents

Foreword.

Preface.

Acknowledgments.

Part 1: Foundations.

Chapter 1: Trading Myths and Reality.

Chapter 2: Technical Analysis 101.

Chapter 3: The Gartley and Elliott Wave Relationship.

Part II: The Gartley Pattern.

Chapter 4: The Gartley Pattern Revealed.

Chapter 5: The Gartley Pattern Compared to Classical Technical Patterns.

Part III: Application.

Chapter 6: Entry and Exit Strategies.

Chapter 7: Case Studies.

Chapter 8: Plans and Journals.

Appendix A: Who Needs Elliott Wave?

Appendix B: Gann's Mysterious Symbol.

Appendix C: Wolfe Wave.

Glossary.

Bibliography.

The Market Analyst Beck Toolkit.

About the Author.

Index.