Candlestick and Pivot Point Trading Triggers by John L. Person

Candlestick and Pivot Point Trading Triggers: Setups for Stock, Forex, and Futures Markets by John L. Person is a comprehensive guide that blends two powerful trading tools—candlestick charting and pivot point analysis. This engaging work is tailored for those eager to decode the mechanics of the financial markets and create a robust trading strategy.

John L. Person, a seasoned trader and respected market educator, meticulously takes readers through the intricacies of both candlestick charting and pivot point analysis. He commences with a primer on candlestick charts, explaining their formation and interpretation. Person then delves into pivot point analysis, elucidating its importance in identifying potential market reversals.

A highlight of this book is its dedication to ‘trading triggers.’ Person emphasizes that understanding chart patterns isn’t enough; traders must also know when to act on these patterns. The book provides an in-depth view of these triggers, explaining when and why to enter a trade to maximize potential returns.

“Candlestick and Pivot Point Trading Triggers” doesn’t shy away from the mathematical side of trading. It dives into the calculations behind pivot point analysis, offering traders a deeper understanding of this technique. The integration of these calculations within the broader strategy provides a holistic view of trading that sets this guide apart.

Rich with charts, examples, and real-world scenarios, the book ensures that theoretical understanding translates into practical application. Readers are provided with a step-by-step walkthrough of the author’s strategies, gaining insight into the thought process of a successful trader.

In conclusion, John L. Person’s “Candlestick and Pivot Point Trading Triggers” is a must-read for anyone keen to master these two powerful trading tools. Whether you’re a novice trader or an experienced one looking to refine your strategy, this comprehensive guide offers a well-rounded approach to profitable trading.