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Mastering Hurst Cycle Analysis

Autor Christopher Grafton
en Limba Engleză Paperback – 22 noi 2011
In this title one of the best classical methods of technical analysis is brought up to date. This book offers a modern treatment of Hurst's original system of market cycle analysis. It will teach you how to get to the point where you can isolate cycles in any freely-traded financial instrument and make an assessment of their likely future course. Although Hurst's methodology can seem outwardly complex, the logic underpinning it is straightforward. With practice the skill needed to conduct a full cycle analysis quickly and effectively will become second nature. The rewards for becoming adept are high conviction trades, tight risk management and mastery of a largely non-correlated system of analysis. In this extensive step-by-step guide, you will find a full description of the principal tools and techniques taught by Hurst as well as over 120 colour charts, together with tables and diagrams. The Updata and TradeStation code for all of the indicators shown is also included.
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Specificații

ISBN-13: 9780857190628
ISBN-10: 0857190628
Pagini: 359
Ilustrații: 1
Dimensiuni: 155 x 231 x 23 mm
Greutate: 0.54 kg
Editura: HARRIMAN HOUSE LTD

Notă biografică

Christopher Grafton

Cuprins

About the author
Acknowledgments and thanks
Introduction
1. The Properties Of Cycles
Introduction
Basic Quantities
Visualising Period and Amplitude
How Cycles Combine
Properties of Market Cycles
Conclusion
2. Basic Tools I: Valid Trendlines
Trend and Trendlines
The Concept of Trendlines
Trend Direction
Trend Strength
The Real Nature of Trend
The Valid Trendline (VTL)
The Key Role Played by VTLs
Conclusion
3. Basic Tools II: Displaced Cycles - The FLD
Introduction
Properties of the FLD
Plotting the FLD
Applying FLDs
FLD Combinations
Conclusion
4. Isolating Market Cycles I
Introduction
Cycle Envelopes
Phasing Analysis Set Up
Conducting a Phasing Analysis
Conclusion
5. Isolating Cycles II
Introduction
Spectral Analysis
Phasing Analysis - Daily Chart
Conclusion
6. Selection, Set Up And Entry
Introduction
Creating a Shortlist
Scanning Charts
Entering the Trade
Short Selling
Conclusion
7. Managing Open Positions
Introduction
Case Study - JP Morgan Chase 2002/2003
Conclusion
8. RSI And Elliott Wave
Introduction
RSI and Elliott Wave - The Basics
Case Study I: Gold, November 2008
Case Study II: Euro/USD, January 2010
Conclusion
Conclusion
Appendices
Appendix 1: Elliott Wave Patterns
Appendix 2: FLD Code
Appendix 3: Inverse Moving Average Code
Appendix 4: Cycle Envelope Code
Appendix 5: Diamonds Grid and Numbers
Appendix 6: Final Diamond Placement Code
Appendix 7: Discrete Fourier Transform Code
Appendix 8: Volatility Index code
Recommended further reading
The Sentient Trader
Index