Tie Aiki Trading

Trading in Harmony with the Markets
1. Auflage 2010
ISBN: 978-0-470-82668-3
Verlag: John Wiley & Sons
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 200 Seiten, E-Book

Reihe: Wiley Trading Series

A great reference for all beginner traders.
Aiki Trading will look at a robust method to understand what themarket is doing in a specified timeframe. Essentially, markets areeither trending up, trending down, or is in sideways or range boundcongestion. Chapters are devoted to each of these three conditions,and the concepts are explained in depth. In addition, specifictrading strategies will be explored for the different marketconditions. These strategies are what I define as high probability,low risk trading strategies that have higher probability of successbecause it conforms to the nature of how markets behave.
With more than 25 years of experience in financial markets,Jeffery's stock market career began in 1977 with JM Sassoon andcontinued with Kim Eng Securities. During his time inStock-broking, Jeffery witnessed many cycles of boom and bust,including the 1987 meltdown in worldwide equity markets. In 1997,Jeffery joined Refco Singapore. During this time he developed newexpertise in International Futures Markets and FX. Jeffery joinedCMC in April 2007. He was responsible for the content andpresentation of CMC's educational programmes. And he is currentlythe Resident Trainer with SGX Academy, and is based inSingapore.

Autoren/Hrsg.

Tie, Jeffery

Inhaltsverzeichnis

Foreword ix
Preface xi
Acknowledgments xiii
Introduction 1
The Philosophy of Aiki Trading 2
CHAPTER 1 Aikido 7
History 7
The Principles and Techniques of Aikido 10
CHAPTER 2 Candlestick Charting 15
Feudal Japan's Ethos, and its Impact on the Development of Japanese Candlestick Charting 15
The Methods of Aiki Trading 19
CHAPTER 3 The Expanded Sideways Range Pattern 25
Bulls, Bears, and Turtles 28
Observations and Conclusion 31
Codifying the Trading Rules for the Expanded Sideways Range Pattern 31
The Action Zones 31
The Entry Trigger 32
Risk and Money Management: The Stop Loss Exit 34
Qualifying the Trade 42
CHAPTER 4 The Directional Trending Pattern 51
Identifying and Trading a Type 1 Trend Pattern 61
Planning the Stop Loss Exit 66
The Structural Risk 68
The Profit Exit Strategy 68
Timeframe and the Selection of its Relevant Moving Average Value 71
CHAPTER 5 The Successful Breakout 77
Managing the Trade 92
CHAPTER 6 Using Oscillators 97
Relative Strength Index 98
The RSI Divergence Signal (or RSI Camouflage Signal) 104
The Slow Stochastic Oscillator 108
CHAPTER 7 Applying Fibonacci Numbers and Ratios in Trade Analysis 119
Assessing the Fibonacci Profit Target 127
CHAPTER 8 Trade Volume and its Interpretation 139
CHAPTER 9 Risk, Money, and Trade Management 153
The Learning Phase 153
Trading for Profits 155
The Preservation of Capital 156
Money Management: The Preservation of Our Capital 157
Risk Management Combined with the 2 Percent Money Management Rule 158
Position Sizing 161
Winning Trade Management and the Rule of 3 163
CHAPTER 10 On Trading Psychology 173
Summary 175
Beliefs About Success 175
Market Understanding 175
Risk Management, Money Management, and Trade Management 176
Winning Psychology 177
Index 181

Über Autor(innen)

Jeffery Tie is a successful trader and trainer with morethan 25 years of experience in financial markets. His stock marketcareer began in 1977 with JM Sassoon and continued with Kim EngSecurities.
In 1997, Jeffery joined Refco Singapore where he developed newexpertise in international futures markets and foreignexchange.
Jeffery's experience and training at stock broking and futuresbroking enhanced his understanding of technical analysis andtrading. This expertise was augmented by his association andfriendship with a well known fund manager and trading coach.
Jeffery's proficiency in technical analysis was recognized by theSingapore Exchange (SGX) who invited him to its panel of educatorswhere he consistently gets very positive feedback from attendees ofhis seminars and
courses. Jeffery has spoken to international audiences inSingapore, Jakarta, Mumbai, and Sri Lanka.
Jeffery is also an instructor registered with the InternationalShinkendo Federation (ISF), an organization that promotes Japaneseswordsmanship and martial arts. This interest has allowed him tonotice the similarity in the
philosophy of martial arts and the philosophy of trading.
Jeffery joined CMC in April 2007 where he was responsible for thecontent and presentation of CMC's educational programs.
He currently focuses on both trading and conducting technicalanalysis courses and workshops with the SGX and the FinancialTraining Institute@SMU.