How to make money by predicting share prices through channel analysis

A part of share price movement is, indeed, random and therefore unpredictable. However, some identifiable cycles are also present in share price data. This book shows how channel analysis can be used to determine the positions of such cycles, thus providing investors and traders a most powerful prediction tool for forecasting share prices and identifying profitable buying and selling opportunities in the near future.

Channel analysis enables traders to:

• Understand the nature of share price movement
• Analysis trends in share prices
• Isolate price trends from complex movement
• Identify the start and end of trends quickly
• Predict future share price movements
• Identify the cycles present in share price data
• Profit from the relationship between moving averages and channels
• Identify turning points in share averages for greater profit potential
• Rapidly scan a pool of 50 to 100 shares for new opportunities
• Select the right stop-loss methods to use as added insurance against extreme random movements.

Brain Millard is widely acknowledged as having taken forward the work of J. M. Hurst to a higher level by analysing the cycles present in price movements. This classic text shows how traders can use channel analysis to predict share prices, thus unlocking the key to making money in the markets.

Reviews

“An interesting book... a worthwhile read" — Your Trading Edge, UK