reviews of New
Thinking In Technical Analysis
You can add your
review of this book by
. We will then place
your review on this page. (You can request to have your name deleted if you
This review is
an extract from my intriduction to the Australian edition of this book.
This book gives readers an opportunity to literally tear a chapter out of 12
of these expensive books, take them home to read at leisure and then to make a
more informed decision to perhaps buy a book that covers the concepts in
Each chapter provides an excellent introduction to a particular technique,
body of theory, or trading approach. Each writer shows how the technique is
integrated into every-day trading. Linda Bradford Raschke starts with the
general principles of price behavior. This theory underpins her trading
techniques. Then she shows how she applies selected aspects of this theory to
specific trading strategies.
All traders yearn for the opportunity to sit down with an acknowledged expert
and peer over their shoulder as they make trading decisions. Few traders have
this opportunity. Those that are lucky do not always take full advantage of
the situation. It takes time to learn, and the novice needs to return again
and again to particular situations to work out just what happened. Just
looking over a trader’s shoulder does not provide this replay facility.
This is where this book is particularly useful. Here twelve traders explain
the techniques they use in their trading. They provide a reference point which
can be revisited as many times as necessary. If the reader is unclear on a
particular section, on a specific point, or a particular trading decision, it
is easy to go back to the chapter and read about the issue. This replay
ability helps us to learn and understand the processes these traders use.
Of course we
cannot ask them questions as we could with a live coach, but the chapters are
well written so most questions are anticipated and answered. I read this book
to keep my trading edge sharpened with ongoing education. I trust that you
will also pick up information that sharpens your trading edge.
View our Privacy and Internet Security Policy
guppytraders.com Pty Ltd, ACN 089 941 560