Channel Surfing: Riding the Waves of Channels to Profitable Trading

Despite the proliferation of computer indicators, the professional trader recognizes that success in trading still depends on a person's ability to read, anticipate and react to market movement. But how do you define something that can change more often then the weather? The answer is to use the geometry of the market itself. Channel Surfing presents one of the most definitive methods for establishing the geometry of any market, enabling a person to exploit the bias between buyers and sellers. Price rarely moves in a straight line and so channels provide the ultimate momentum indicator, outperforming many of the most popular indicators in use today. The beauty of it is that it doesn't require you to suffer through large draw downs in order to realize a profit. In fact, it is so effective that it is probably the very best approach for beginning traders and those with very little capital. So just imagine what an experienced and well-funded trader can do with it! As you read this book you can expect to discover and learn:The basic concepts of Channel Surfing, presented in a way that is easy to understand and easy to apply. Why channels are a natural phenomenon and how to take full advantage of this. How to take the basic concepts of Channel Surfing and catapult it into an even more powerful method of trading using advanced techniques. Additional methods of reading the geometry of the market that add to your success. For both novice and professional traders alike Channel Surfing provides a solid foundation for understanding the language of the markets. It is an exceptionally powerful technique that has the ability to adapt to the personal trading style of the individual trader and dramatically improve their success. more

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ProductReviews98/100 (7 Reviews)

Recent Reviews

5/5: From: Amazon; Posted: Oct-24-2009; Reading trends and price ranges on charts for profit; This book is among the best you will find on trading. It is based on pure technical charting, no fundamentals here. The author shows how to draw correct channel lines on charts of any time frame. The principles of the book is to make...; read full review | report as inappropriate

4/5: From: Amazon; Posted: Aug-06-2009; One of the better trading books; This is for serious traders as well as the novice. Not many traders recognize channels and formations provide useful market context to trade. Your mileage might vary depending on how you want to use your brain.; read full review | report as inappropriate

5/5: From: Amazon; Posted: Apr-12-2009; Great Trading Book; Excellent book on trend trading. Keeps things simple. Read it a couple of times to get all Parsons' points. After reading many trading books, this is one of the more useful ones.; read full review | report as inappropriate

5/5: From: Amazon; Posted: Jul-23-2008; Great Channel Book; One of the best books on channel trading I have ever read. By learning the techniques in this book you can be right over 80% of the time. Like in poker you can learn the market "tells", the trick is how strong are they. By using channel...; read full review | report as inappropriate

Selected Reviews

5/5: From: Amazon; Posted: Oct-24-2009; Reading trends and price ranges on charts for profit; This book is among the best you will find on trading. It is based on pure technical charting, no fundamentals here. The author shows how to draw correct channel lines on charts of any time frame. The principles of the book is to make...; read full review | report as inappropriate