No nonsense advice
The author presents four very useful tools for trading stocks commodities or currencies. These are: two time-frame momentum indicators Elliott waves Fibonacci with price and Fibonacci with time. You can use these four tools as a discretionary trading system but the Fibonacci discussion is especially valuable in and of itself. The author has been around 20 years providing trading advice - an indication of some quality.
I appreciate that the author isn't trying to hard sell his software and newsletter. You can apply the ideas in the book without buying anything more from the author! That is an honest touch that is appreciated.
The style of the text can be somewhat annoying at times; it is a bit repetitive and has too many comments about not-so-good advisors out there somewhere. (No need for the author to point this out unless he wants to name the offenders.) It would have been good if the author told the reader how this book compares to his earlier book "Dynamic Trading". My take is that the current book introduces the two time-frame momentum and streamlines the other information on Elliott and Fibonacci but it would have been useful to get this information from the author. Is the previous book superceded in his mind or does it still have value?
All positive reviewers (13 of them at the time of writing) have only reviewed this book and nothing else. Clearly the author has a fan club. Irrespective I can really recommend this book.
I have written several short reviews on trading books. The best way is to compare the score on the books I've read. Many reviews on amazon.com are just glorious 5 star reviews. I use all five categories; sorry but everything isn't "great". Books rated 5 are very good. Books rated 4 are good solid books well worth reading. Books rated 3 can be bought by some people who read a lot or have very specific needs. Books rated 1 or 2 I would not recommend buying or reading. Naturally all in my humble opinion.More detail ...
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