My decision to purchase this book was based on two reasons: first the quality of the reviews in that many reviewers cite specific examples on how they used the setups in this book to make money. I was actually able to use some of the examples to backtest the setup mentioned by some of the reviewers and even used them to trade other stocks successfully.
Second, on using the search inside feature, I liked the layout of the book where each chapter is dedicated to a specific setup with the entry and exit parameters clearly explained with actual stock examples.
What distinguishes this book from other trading books is that rather than "invent" new indicators as some other authors do resulting in having to purchase special software that they sell; the author of this book uses readily available indicators that you can find on almost any free stock charting site and selectively combines them together in unique ways to create setups that can deliver big profits. You can see the uniqueness and creativity in these setups in almost every chapter, from combining ADX, PPO and CCI to predict Falling knife reversals, Using % B to predict price spikes, to Combining Mass index with MFI to time breakouts from a consolidation pattern and much much more.
This is a unique book with many new and creative ideas that are easy to implement that can supercharge your profits in this market. Recent trades I made using setups in this book were ACHN,DGLY,VDSI,LAKE among others.
By Logan Henderson
Success in trading depends on one's ability to risk their money only on high probability trades. In this book Dr. Samir Elias, author of Generate Thousands in Cash on Your Stocks Before Buying or Selling Them,distills his years of trading experience into the most explosive stock trading strategies that can deliver substantial profits when used live in the market.
Learn how to anticipate a stock's coming move trading price bar sequences and signal price bars resulting in quick profits in short time frames. Become familiar with uncommon chart patterns that can deliver exceptional profits but are missed by most traders. Time breakouts from tight consolidation patterns, and distinguish between ordinary price spikes and extraordinary tradable spikes that often are followed by an explosive price increase. Use the channel width between two selected technical indicators, with a third as a trigger, to time entry into a falling knife stock just before reversal for big profits. Learn how to use reverse price swings to anticipate a stock's reversal and time your exit while most of the profits are still intact. Recognize the three special chart patterns at earnings time that can foretell a multi month monster advance. Combine fundamental criteria with technical chart patterns using the RESHE system to identify coming market leaders before they are noticed by big money ; and much more.
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