Techniques of a Professional Commodity Chart Analyst

by Arthur Sklarew

Overview

Success in commodity trading depends on good price forecasting. That's what this market classic is about. Using price charts (and other simple technical indicators) to time your trades better, spot price trends, estimate the distance a new price thrust will travel, locate logic points for buy and sell stops, and identify potential trend reversal points. Deceptively simple strategy and tactics coaxes price charts to give up their secrets.

Product Details

ISBN-13:	9781648374098
Publisher:	Echo Point Books & Media, LLC
Publication date:	06/04/2024
Pages:	208
Product dimensions:	6.00(w) x 9.00(h) x 0.50(d)

About the Author

Arthur Sklarew's involvement with commodities started in the early 1930s when he was a commission broker and import agent in the cash coffee market in New York. It was then that he first began to use price charts and moving averages in advising customers on the timing of their purchases and sales. In the late 1940s he expanded into cocoa importing, and in 1950 acquired a membership on the New York Cocoa Exchange. When he eventually realized that he was making far more money in futures than in his cash business, he decided to concentrate on the former exclusively. Since 1963 he has been associated with a major Wall Street commission house.He was an avid student of market technical phenomena for those same years, constantly experimenting with new approaches, techniques, and methods. (He earned his reading glasses, he said, peering at price charts.) This, his first book, is the distillate of more than three decades of experimentation and inquiry into the price behavior of commodity markets.