In this must-have resource, author GregoryMorris—Chairman of the Investment Committee for Stadi on MoneyManagement—draws on his years of experience to offer a processfor analyzing the present state of the marketplace in order tomaximize investment possibilities. Throughout the book, Morrispresents compelling evidence that debunks commonly held investingmyths that typically hold investors back. Filled with practicalexamples, and based on solid research and data, Investing with the Trend explains why all too often well-accepted theories on finance, economics, and the market in general can keep investors from reaching their investing goals.

Morris’s approach, which he skillfully implemented while Stadion’s Chief Technical Analyst, is designed to help investors capture most of the market’s good times while avoiding the bad. To get started with the process, Morris outlines four essential indicator types and defines the most common investing terms. In clear language, he describes this rules-based technical approach to investing that consistently outperforms market averages.

Engaging and informative, Investing with the Trend offers an insider’s view of how to evaluate the market through a variety of technical indicators. As Morris explains, each indicator is assigned a weight based on its history as a driver of returns. Tomaximize investment potential, Morris advises that investors adjust their portfolio exposure from cash and fully invest in response to the aggregate value of the indicators. This method has consistently provided better returns than a buy-and-hold approach and with out taking on extra risk. In contrast with modern investment theory ,which equates risk with volatility, Morris equates risk with portfolio drawdown—a distinction that is the foundation of his entire investing approach.

As the title implies, this important book reveals that markets tend toward trendiness and that technical analysis, when properly used, can measure the trend of the market at any point in time.Sure to be any investor’s key to financial success and backed by the author’s investment performance, Investing with theTrend provides an innovative way to use technical analysis to minimize risk and outperform market averages.

The classic Japanese candlestick reference, updated with all-new insights and tools to improve your predictive accuracy

Candlestick Charting Explained takes the subjectivity out of Japanese candlestick analysis by providing you with standardized, straightforward coverage of 89 powerful candlestick patterns. Inside you will learn what they indicate about current trader behavior and how you can use each to instantly improve your market knowledge and analytical precision.

In this revised and expanded third edition, candlestick expert Greg Morris updates his influential guidebook with valuable new material and patterns to give you:

• Thorough coverage of candlestick patterns to allow instant analysis of investor attitude and probable market direction
• Methods for integrating candlesticks with traditional Western charting analysis for enhanced signal verification
• Completely new section by Ryan Litchfield dedicated to “Trading with Candlesticks”
• Current insights into trader psychology, and how it impacts interactions between buyers and sellers

Its in-depth exploration of traditional as well as all-new candlestick charts, Candlestick Charting Explained will show you how to make candlestick charting a logical, understandable, and profitable component of your current trading program.

Empower your trading with Japanese candlestick charting

Japanese candlestick charts dramatically improve your understanding of short-term (less than a week) market sentiment, making you a much more informed and focused trader of stocks, futures, and indices. The bestselling Candlestick Charting Explained focuses on the patterns themselves and highlights the key facts you need to know to apply each pattern to your trading. For each of 89 distinctive candle patterns, its standardized format provides you with:

• Commentary–Description of pattern and significance of its name, insights into unique features, and other concise explanation
• Rules of Recognition–Simple rules for quick, accurate identification along with precise, day-by-day descriptions of pattern development
• Scenarios and Psychology Behind the Pattern–Trading scenarios that could have led to the pattern’s development, with general discussion of the psychology of each
• day’s action
• Pattern Flexibility–Situations that change the pattern’s effectiveness with explanations of allowable deviations from the classic pattern
• Pattern Breakdown–Instructions for reducing the pattern to a single candle line and whether or not outside confirmation is suggested or unnecessary
• Related Patterns–Patterns that have similar formations, could be considered variations, or are a part of this pattern
• Example–A graphic example of the pattern to both aid in recognition and eliminate costly confusion in pattern identification

Additional information and insights present different interpretations of candlesticks based on intraday instead of end-of-day events and action, improving signal reliability. The author’s unique candle pattern filtering concept, instrumental in answering the “how” question, is updated to utilize today’s larger universe of stock data. An all-new chapter provides practical application and perspective traders need to view candles in the context of today’s computer-driven marketplace.

For millions of traders, candlesticks have become a key tool in creating and verifying trading signals. Candlestick Charting Explained is the only book you need to start integrating their proven versatility and effectiveness into your technical trading program.