Michael Parsons – Channel Surfing Riding the Waves of Channels to Profitable Trading

Description

Michael Parsons – Channel Surfing Riding the Waves of Channels to Profitable Trading

Despite the proliferation of laptop indicators, the skilled dealer acknowledges that success in buying and selling nonetheless will depend on an individual’s skill to learn, anticipate and react to market motion. But how do you outline one thing that may change extra typically then the climate? The reply is to use the geometry of the market itself. Channel Surfing presents one of the most definitive strategies for establishing the geometry of any market, enabling an individual to exploit the bias between patrons and sellers. Price hardly ever strikes in a straight line and so channels present the final momentum indicator, outperforming many of the hottest indicators in use at present. The magnificence of it’s that it doesn’t require you to undergo via massive draw downs so as to notice a revenue. In truth, it’s so efficient that it’s in all probability the perfect strategy for starting merchants and people with little or no capital. So simply think about what an skilled and well-funded dealer can do with it! As you learn this e book you’ll be able to anticipate to uncover and study:The fundamental ideas of Channel Surfing, offered in a means that’s simple to perceive and straightforward to apply. Why channels are a pure phenomenon and the way to take full benefit of this. How to take the fundamental ideas of Channel Surfing and catapult it into an much more highly effective technique of buying and selling utilizing superior methods. Additional strategies of studying the geometry of the market that add to your success. For each novice {and professional} merchants alike Channel Surfing offers a stable basis for understanding the language of the markets. It is an exceptionally highly effective approach that has the skill to adapt to the private buying and selling model of the particular person dealer and dramatically enhance their success.

About the Author

Michael J. Parsons began buying and selling in 1987 and following a sequence of losses launched into a journey of analysis that has led to the improvement of a number of buying and selling methods based mostly on a novel strategy. By using elements of wave science he first developed what would later be referred to as Reversal Magic, a time based mostly technique for predicting reversals. The accuracy and success of this technique was astounding, however even astounding strategies want some kind of cash administration, leading to the beginning of Channel Surfing. He has continued to develop an rising science of technical evaluation with a worth concentrating on technique referred to as Balance Magic. Today he continues to write about and analysis new strategies of buying and selling and maintains a site at www.tradingcafe.com. Additional data on the numerous publications he has written might be seen at www.reversalmagic.com.