There are probably as many methods of entering and exiting the market as there are traders. And judging from the average success of the average trader many of these methods are sadly flawed. This book addresses the problem of when to enter, when to exit and -- importantly, why. If there is no sound theoretical basis for a trader's decisions he will be a short term trader. Referring to a short term career. This book is rooted in classical chart analysis as taught by Edwards & Magee in Technical Analysis of Stock Trends. Using these methods the analyst/trader can identify signals when they occur in the market. To the uninitiated a bar chart, or candlestick chart, can look like meaningless chicken scratching. Once the beginner learns to analyze the chart he gains access to a world of information. Breakouts, trendline penetrations, gaps, power bars, meaningful patterns -- all can produce signals of great usefulness and profitability. What a difference from the practices of even professional traders and managers who "buy value" or "buy earnings" or buy on a lunar cycle or a solar flare. By contrast these technical signals, identified within a fully articulated technical "system" offer the trader or investor as much reliability as can be gained in chaotic and treacherous markets. By way of disclosure, no guarantee of success using this book and its methods is offered -- only the knowledge that an edge is gained over less educated and prepared market participants.