Intermarket Trading Strategies
Product Description
This book shows traders how to use Intermarket Analysis to forecast future equity, index and commodity price movements. It introduces custom indicators and Intermarket based systems using basic mathematical and statistical principles to help traders develop and design Intermarket trading systems appropriate for long term, intermediate, short term and day trading. The metastock code for all systems is included and the testing method is described thoroughly. All syste… More >>
Intermarket Trading Strategies
The Intermarket analysis is poorly covered in current literature, with few books of historical data and boring details.
Instead in this book the Author, who has mastered the Intermarket analysis, shares discoveries on market correlations, and helps reader to develop indicators and strategies for Etf, Futures and Stocks.
This book makes easier to understand today markets, and I suggest it for intraday and both long and short term trading. It is not for fiction traders who bet on markets direction, but for people really trading their own accounts, studying a lot of technical analysis and pondering experts ideas.
The book is written in plain English, contains useful info on international markets, and a lot of MetaStock (MS) codes to help users to design (or improving their) trading systems, even you aren’t the best programmer. Users of other technical software can easily develop their trading strategies, because in the Appendix there are the MS formulas and Test Specifications for all systems.
Reading this book grow up your fever to go to your pc for studying the correlations Author disclosed, and training with his trading strategies !
Minus : discussion on fuzzy logic and genetic algorithms are very introductory (but these are very specific topics). Author limited his Intermarket analysis to major markets, and not all exchange products are covered.
Plus : the best book on the subject I ever red : the Intermarket concepts behind trading ideas are well explained. Trading strategies are deeply tested. Author insights help to really make money in today markets. Good value for price : many systems described would cost hundred dollars to buy !
Rating: 5 / 5
This book is a must read for every serious trader. It is an original work and a very serious method to clarify intermarket relationships, especially in volatile markts, like these, where even seasoned traders start to doubt their abilities to navigate through them. What I like about it, is it’s scientific approach, using vast amounts of data to prove it. A very helpful introduction makes it easier to follow the rest of the book. Excellent work.
Rating: 5 / 5
Markets are interconnected. Typically, what is good for stocks is bad for bonds. What is bad for U.S. equities is rarely ever good for German stocks. Usually what is good for gold is bad for the dollar. Understanding these relationships and how you can use them in your trading and investing is the essence of Mr Katsanos’ book.
The most important aspect of the book for me as a retail trader and investor: Traditional technical analysis is severely limited to security price and volume relationships alone. Intermarket analysis adds a second dimension that is much more grounded in statistics and logic. Mr Katsonos does a great job in proving and demonstrating this point with detailed analysis and extensive test cases.
Basic knowledge of statistical analysis helps, but the author methodically walks through commodity - currency - stock - bond correlation analyses and the derivation of new trading indicators. And then he demonstrates their use in multiple well documented test cases.
The author offers a pragmatic, practical approach that can be readily implemented by retail traders. Reading the book is time well spent.
Rating: 5 / 5
Numerous trading strategies for different markets. Easy to read and understand. Probably not for a beginner but for someone who has at least learned some basics of mechanical trading system design.
Rating: 4 / 5
I am convinced that this book should be read by every serious trader or investor, fundamentalist or technician, dealing in stocks, bonds or commodities.
It is clear written, brief and original; by far the most useful and comprehensive for Trading ETF, Forex ,Stocks and futures with metastock code.
I think this book is one of the best on the subject of Intermarket analysis , functional especially for trading system development in today’s volatile markets.
Rating: 5 / 5