http://www.forex-book.org/beyond-technical-analysis-how-todevelop-and-implement-awinning-trading-system-bytushar-schande-free-download/ Forex Book Blog Allows You to Get Forex Books and Read Their Reviews for Free. Sun, 01 Jan 2012 02:45:12 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.forex-book.org/beyond-technical-analysis-how-todevelop-and-implement-awinning-trading-system-bytushar-schande-free-download/comment-page-1/#comment-101789 Killroy Wed, 17 Nov 2010 20:45:24 +0000 http://www.forex-book.org/beyond-technical-analysis-how-todevelop-and-implement-awinning-trading-system-bytushar-schande-free-download/#comment-101789 Chande has tried to go a step ahead of the usual books on technical analysis and talks about some of the extremely fine points of trading. Regrettably so but the author has stuck to the prototype of just a single contract/market at a single point in time. The resultant is that the conclusions he draws are not all very dependable. This is unfortunate as he has made a serious effort to take trading to a higher platform. An extremely binding read but the results should be interpreted at your own risk. Chande has tried to go a step ahead of the usual books on technical analysis and talks about some of the extremely fine points of trading. Regrettably so but the author has stuck to the prototype of just a single contract/market at a single point in time. The resultant is that the conclusions he draws are not all very dependable. This is unfortunate as he has made a serious effort to take trading to a higher platform. An extremely binding read but the results should be interpreted at your own risk.

]]> http://www.forex-book.org/beyond-technical-analysis-how-todevelop-and-implement-awinning-trading-system-bytushar-schande-free-download/comment-page-1/#comment-101788 Rick Wed, 17 Nov 2010 20:45:09 +0000 http://www.forex-book.org/beyond-technical-analysis-how-todevelop-and-implement-awinning-trading-system-bytushar-schande-free-download/#comment-101788 Even though Chande is a highly respected technical analyst, his book seems to be missing something. He does, indeed manage to bring up some trading concepts which manage to hold the reader’s attention, but the mechanism on which they are based seems to be fragile to say the least. His concepts could probably be used by somebody and possibly be taken to a higher level by making better systems based on them and then writing them in a better way. To be clearer, considering the “channel-break pullback” pattern mentioned in his book, it is actually a very applicable hypothesis. In spite of its brilliance, it fails to be applied in a proper way to a break-out and pull¬-back in a real life scenario. The assumptions seem to be taken in a very lax manner as the market conditions haven’t been taken into consideration in a proper way and its behavior has just been predicted out of nowhere. The book has left me very unhappy and I expected a lot more after paying so much for it. My final conclusion is that the systems mentioned in this book will not help you a great deal. Even though Chande is a highly respected technical analyst, his book seems to be missing something. He does, indeed manage to bring up some trading concepts which manage to hold the reader’s attention, but the mechanism on which they are based seems to be fragile to say the least. His concepts could probably be used by somebody and possibly be taken to a higher level by making better systems based on them and then writing them in a better way.
To be clearer, considering the “channel-break pullback” pattern mentioned in his book, it is actually a very applicable hypothesis. In spite of its brilliance, it fails to be applied in a proper way to a break-out and pull¬-back in a real life scenario. The assumptions seem to be taken in a very lax manner as the market conditions haven’t been taken into consideration in a proper way and its behavior has just been predicted out of nowhere.
The book has left me very unhappy and I expected a lot more after paying so much for it. My final conclusion is that the systems mentioned in this book will not help you a great deal.

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