A timely guide to profiting in markets dominated by high
frequency trading and other computer driven strategies
Strategies employing complex computer algorithms, and often
utilizing high frequency trading tactics, have placed individual
traders at a significant disadvantage in today's financial markets.
It's been estimated that high-frequency traders--one form of
computerized trading--accounts for more than half of each
day's total equity market trades. In this environment, individual
traders need to learn new techniques that can help them navigate
modern markets and avoid being whipsawed by larger, institutional
players.
Trading the Measured Move offers a blueprint for
profiting from the price waves created by computer-driven
algorithmic and high-frequency trading strategies. The core of
author David Halsey's approach is a novel application of Fibonnaci
retracements, which he uses to set price targets and low-risk entry
points. When properly applied, it allows traders to gauge market
sentiment, recognize institutional participation at specific
support and resistance levels, and differentiate between short-term
and long-term trades at various price points in the market.
* Provides guidance for individual traders who fear they can't
compete in today's high-frequency dominated markets
* Outlines specific trade set ups, including opening gap
strategies, breakouts and failed breakout strategies, range trading
strategies, and pivot trading strategies
* Reveals how to escape institutional strategies designed to
profit from slower-moving market participants
Engaging and informative, Trading the Measured Move will
provide you with a new perspective, and new strategies, to
successfully navigate today's computer driven financial markets