Sentiment Indicators: Renko, Price Break, Kagi, Point and Figure - What They Are and How to Use Them to Trade - Hardcover

by Abe Cofnas (Author)

A practical guide to profiting from the proper use of sentiment indicators

In Sentiment Indicators, noted trading expert Abe Cofnas draws on his own trading and training experience as he shares his knowledge about the latest techniques and strategies for using Renko, price break, Kagi, and point and figure tools to successfully analyze all markets.

Written with the serious trader in mind, Sentiment Indicators offers key information on these potential-filled tools and how to use each in shaping trading strategies. Along the way, it provides a practical overview of how to implement these little-known indicators and why each can enhance your trading endeavors.

• Shows how these indicators work in different markets: futures, equities, forex, and others
• Provides a solid understanding of charting techniques and uses real-world examples to illustrate strategies and tactics
• Presents new sentiment research that analyzes word mining and what it means for markets

From historical context and Robot Trading alerts to the critical factors of a trading system, Sentiment Indicators presents a proven approach to trading that will help you identify conditions that have a high probability of profit.

Front Jacket

Alternative charting tools that allow traders to identify high probability entry and exit points that leave less money on the table

In Sentiment Indicators, noted trading expert Abe Cofnas draws on his own trading and training experience as he shares his knowledge about the latest techniques and strategies for using Renko, price break, Kagi, and point and figure tools to successfully analyze all markets.

Written with the serious trader in mind, Sentiment Indicators offers key information on these potential-filled tools and how to use each in shaping trading strategies Along the way, it provides a practical overview of how to use these little-known indicators and how each can enhance your trading endeavors.

Chapter by chapter, this reliable guide:

• Focuses on measuring sentiment change to avoid counter trend trading
• Explains the comparative advantages of each tool and when to use one tool versus another
• Presents new sentiment research that analyzes word mining and what it means for markets
• Shows how the indicators work in different markets: futures, equities, forex, and others
• Provides a solid understanding of charting techniques and uses real-world examples to illustrate strategies and tactics
• And much more

From historical context and Robot Trading alerts to the critical factors of a trading system, Sentiment Indicators presents a proven approach to trading that will help you identify conditions that have a high probability of profit. Read it today and discover the difference these techniques can make to your portfolio's bottom line.

Author Biography

ABE COFNAS is the forex trading columnist for Futures magazine since 2001 and has written over 100 columns on forex trading strategies and tactics. He is also the author of two Wiley titles, The Forex Trading Course and The Forex Options Course. He has, for over two decades, provided fundamental and technical analysis on trading strategies in currencies and inter-markets. He is the founder of learn4x.com, which provides private coaching and seminars on currency trading. In 2008, he formed FXDimensions Inc., a third-party trading system and signal development company that has pioneered the concept of Trading Avatars. He is a recognized expert in technical analysis and has lectured in London and Dubai (with appearances on CNBC Arabia) and continues to work with students and businesses abroad. Mr. Cofnas holds a master's in political science, and a master's in public policy from the University of California, Graduate School of Political Science, and the Goldman School of Public Policy, at the University of California, Berkeley.