{"product_id":"trading-the-measured-move-isbn-9781118251836","title":"Trading the Measured Move","description":"\u003cb\u003eA timely guide to profiting in markets dominated by high frequency trading and other computer driven strategies\u003c\/b\u003e  \u003cp\u003eStrategies employing complex computer algorithms, and often utilizing high frequency trading tactics, have placed individual traders at a significant disadvantage in today's financial markets. It's been estimated that high-frequency traders—one form of computerized trading—accounts for more than half of each day's total equity market trades. In this environment, individual traders need to learn new techniques that can help them navigate modern markets and avoid being whipsawed by larger, institutional players.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eTrading the Measured Move\u003c\/i\u003e offers a blueprint for profiting from the price waves created by computer-driven algorithmic and high-frequency trading strategies. The core of author David Halsey's approach is a novel application of Fibonnaci retracements, which he uses to set price targets and low-risk entry points. When properly applied, it allows traders to gauge market sentiment, recognize institutional participation at specific support and resistance levels, and differentiate between short-term and long-term trades at various price points in the market.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eProvides guidance for individual traders who fear they can't compete in today's high-frequency dominated markets\u003c\/li\u003e \u003cli\u003eOutlines specific trade set ups, including opening gap strategies, breakouts and failed breakout strategies, range trading strategies, and pivot trading strategies\u003c\/li\u003e \u003cli\u003eReveals how to escape institutional strategies designed to profit from slower-moving market participants\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eEngaging and informative, \u003ci\u003eTrading the Measured Move\u003c\/i\u003e will provide you with a new perspective, and new strategies, to successfully navigate today's computer driven financial markets\u003c\/p\u003e \u003cp\u003ePreface xiii\u003c\/p\u003e \u003cp\u003eAcknowledgments xvii\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 Today’s Trading Environment 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDescent of the Pit and Ascent of the Screen 1\u003c\/p\u003e \u003cp\u003ePlayers on the Field 2\u003c\/p\u003e \u003cp\u003eThe Algo Brothers 4\u003c\/p\u003e \u003cp\u003eWhere Are You? 7\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Inside the Hidden Market 9\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDeep Roots 9\u003c\/p\u003e \u003cp\u003eFibonacci Basics 11\u003c\/p\u003e \u003cp\u003eFibs Make the Moves 15\u003c\/p\u003e \u003cp\u003eWhy Do Fibs Work? 19\u003c\/p\u003e \u003cp\u003eFibs in the Real World 21\u003c\/p\u003e \u003cp\u003eIn Summary 26\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Drawing a Road Map 27\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFinding Direction 27\u003c\/p\u003e \u003cp\u003eA Mountain Range of Price 28\u003c\/p\u003e \u003cp\u003eObstacles in the Road: Pivot Points 32\u003c\/p\u003e \u003cp\u003eNavigating Trends 35\u003c\/p\u003e \u003cp\u003eLong and Winding Roads 37\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 More Tools for Trading Power 39\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFilling the Toolbox 39\u003c\/p\u003e \u003cp\u003eWatching the Clock (and the Calendar) 39\u003c\/p\u003e \u003cp\u003eTick Tock 43\u003c\/p\u003e \u003cp\u003eThe Tape and the DOM 46\u003c\/p\u003e \u003cp\u003eThe DOM (Depth of Market) 49\u003c\/p\u003e \u003cp\u003eA Full Toolkit 51\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 The 90 Percent Factor—Executing Your Trade 53\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhere the Rubber Meets the Road 53\u003c\/p\u003e \u003cp\u003ePriorities and Job One 53\u003c\/p\u003e \u003cp\u003eWhat’s the Risk, What’s the Reward? 55\u003c\/p\u003e \u003cp\u003eA Brief Pit Stop 59\u003c\/p\u003e \u003cp\u003ePreparing the DOM 60\u003c\/p\u003e \u003cp\u003eCrossing the Starting Line 61\u003c\/p\u003e \u003cp\u003eRunning Off the Road 65\u003c\/p\u003e \u003cp\u003eWhen Multiple Contracts Just Aren’t Possible 66\u003c\/p\u003e \u003cp\u003eWhy 90 Percent? 68\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Three Types of Trade Setups 69\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Traditional 50 Percent Measured Move 69\u003c\/p\u003e \u003cp\u003eThe Extension 50 Percent Measured Move 74\u003c\/p\u003e \u003cp\u003eThe 61.8 Percent Failure 78\u003c\/p\u003e \u003cp\u003eWhy Is This Important to Your Trading? 82\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 Using Multiple Time Frames to Trade 83\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTime Frames and Russian Dolls 83\u003c\/p\u003e \u003cp\u003eThe Path of Least Resistance 84\u003c\/p\u003e \u003cp\u003eTrading the Trend 85\u003c\/p\u003e \u003cp\u003eWhat Time Frame Should We Look At? 86\u003c\/p\u003e \u003cp\u003eWhy Is This Important to Your Trading? 91\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Three Entry Strategies for Retracements 93\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Goal 93\u003c\/p\u003e \u003cp\u003eThe Three Entry Strategies 95\u003c\/p\u003e \u003cp\u003eThe Progression of Entries 101\u003c\/p\u003e \u003cp\u003eWhy Is This Important to Your Trading? 101\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 The Seasonality of Markets and the Best Times to Trade 103\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Big Picture 103\u003c\/p\u003e \u003cp\u003eA Money Manager’s Year 105\u003c\/p\u003e \u003cp\u003eThe Days 107\u003c\/p\u003e \u003cp\u003eThe Hours (Best and Worst Times to Trade) 109\u003c\/p\u003e \u003cp\u003eThe Worst Times to Trade 110\u003c\/p\u003e \u003cp\u003eThe Typical Money Manager 111\u003c\/p\u003e \u003cp\u003eWhy Is This Important to Your Trading? 111\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 Tools for the NYSE 113\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLagging versus Leading Indicators 113\u003c\/p\u003e \u003cp\u003eTools for the NYSE 114\u003c\/p\u003e \u003cp\u003eUsing All the Tools Together 121\u003c\/p\u003e \u003cp\u003eWhy Is This Important to Your Trading? 122\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11 Tick Extremes and Divergences 123\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Types of Tick Extremes 123\u003c\/p\u003e \u003cp\u003eTick Divergences 124\u003c\/p\u003e \u003cp\u003eWhy Is This Important to Your Trading? 129\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12 Profiting from Gap Fills 135\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat Is a Gap? 135\u003c\/p\u003e \u003cp\u003eThe Types of Gap Fill Scenarios 136\u003c\/p\u003e \u003cp\u003eGap Fills to Avoid 136\u003c\/p\u003e \u003cp\u003eGap Fill Percentages 137\u003c\/p\u003e \u003cp\u003eThe Gap Fill Workflow and Filter 140\u003c\/p\u003e \u003cp\u003eEntries 141\u003c\/p\u003e \u003cp\u003eWhen Gaps Don’t Fill 142\u003c\/p\u003e \u003cp\u003eWhat to Do? 143\u003c\/p\u003e \u003cp\u003eWhy Is This Important to Your Trading? 144\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13 How to Manage Positions and Take Profits 147\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Rule for Measured Moves 147\u003c\/p\u003e \u003cp\u003eThe Distance Formula 148\u003c\/p\u003e \u003cp\u003eTrailing a Series of Measured Moves 150\u003c\/p\u003e \u003cp\u003eAfter the Confirmation of Trend 152\u003c\/p\u003e \u003cp\u003eUsing the –23 Percent Profit Target: Take Profit on the Time Frame You Entered the Trade 152\u003c\/p\u003e \u003cp\u003eWhy Is This Important to Your Trading? 155\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 14 Risk Management (Advanced Trade Management) 157\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBob the Trader 157\u003c\/p\u003e \u003cp\u003eCurtis the Contractor 159\u003c\/p\u003e \u003cp\u003eRisk per Trade 160\u003c\/p\u003e \u003cp\u003eHow Many Futures Contracts Should I Trade? 160\u003c\/p\u003e \u003cp\u003eStop Placement 161\u003c\/p\u003e \u003cp\u003eThe Free Trade 162\u003c\/p\u003e \u003cp\u003eThe Reduced-Risk Trade 162\u003c\/p\u003e \u003cp\u003eWhy Scale Out? 162\u003c\/p\u003e \u003cp\u003ePick an Instrument and Focus on It 163\u003c\/p\u003e \u003cp\u003eTrading the News Is Gambling 163\u003c\/p\u003e \u003cp\u003eWhy Is This Important to Your Trading? 163\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 15 The Inner Trader 165\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Emotions of a Trader 165\u003c\/p\u003e \u003cp\u003eMentality 165\u003c\/p\u003e \u003cp\u003eMoney Management 166\u003c\/p\u003e \u003cp\u003eEmotions 167\u003c\/p\u003e \u003cp\u003eHow Long Does It Take for a New Trader to Trade Well? 168\u003c\/p\u003e \u003cp\u003eAttitude 169\u003c\/p\u003e \u003cp\u003eTrading Well versus Trading for Profit and Emotional Capital 170\u003c\/p\u003e \u003cp\u003eThe Phases of Measured Moves 172\u003c\/p\u003e \u003cp\u003eThe Series of Measured Moves 174\u003c\/p\u003e \u003cp\u003eBasic Traditional Measured Moves 174\u003c\/p\u003e \u003cp\u003eThe Progression of Measured Moves 178\u003c\/p\u003e \u003cp\u003eWhy Is This Important to Your Trading? 178\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 16 The Trading Plan 179\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eKeeping Yourself Safe with Statistical-Based Rules 179\u003c\/p\u003e \u003cp\u003eThe Four Legs of a Trading Strategy 179\u003c\/p\u003e \u003cp\u003eWhy Trading Rules 182\u003c\/p\u003e \u003cp\u003eGeneral Trading Account Rules 183\u003c\/p\u003e \u003cp\u003eGap Fill Trading Rules 185\u003c\/p\u003e \u003cp\u003eAmerican (NYSE) Session Trading Rules 186\u003c\/p\u003e \u003cp\u003eEuropean (Euro) Session Trading Rules 188\u003c\/p\u003e \u003cp\u003eSetups 189\u003c\/p\u003e \u003cp\u003eA Trading Journal 189\u003c\/p\u003e \u003cp\u003eWhy Is This Important to Your Trading? 190\u003c\/p\u003e \u003cp\u003eBringing It all Together 190\u003c\/p\u003e \u003cp\u003eAbout the Author 193\u003c\/p\u003e \u003cp\u003eIndex 195\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eDAVID HALSEY\u003c\/b\u003e is founder of the website EminiAddict.com, which provides trader education and market commentary. His focus is day trading and swing trading stock index futures utilizing techniques designed to stay on the right side of institutional order flow and identify short-term setups. Halsey provides a daily market analysis, predictions, and an interactive forum for his subscribers. His videos are utilized by several brokerage firms and disseminated to their clients.??   \u003c\/p\u003e\u003cp\u003eIf you are an individual retail trader, you are competing with traders who have access to massive amounts of capital allocated by algorithms designed by brilliant mathematical minds and running on the ultrafast computers of the world's largest financial institutions. These traders have changed the rules for the foreseeable future and have placed you at an unprecedented disadvantage. \u003ci\u003eTrading the Measured Move\u003c\/i\u003e offers individual retail traders a big-picture understanding of today's market, plus the necessary details of how to trade fearlessly and profit in such a competitive marketplace.\u003c\/p\u003e \u003cp\u003eWith \u003ci\u003eTrading the Measured Move\u003c\/i\u003e, investing expert David Halseyfounder of the popular website EminiAddict.comoutlines a new and unique approach to investing success that draws on Fibonacci retracements (Fibs) within a series of measured moves across multiple time frames. Based on years of research and Halsey's own experience, \u003ci\u003eTrading the Measured Move\u003c\/i\u003e identifies a set of trading rules commonly used by quants and unveils the personalities of a wide range of trading instrumentseach created by the movement of substantial amounts of institutional capital every trading day. The book offers a step-by-step blueprint for creating a trading plan built upon a dynamic framework of fundamental principles flexible enough to support an individual's trading personality. Once mastered, Halsey's powerful method can help any trader successfully navigate this new and previously uncharted trading environment.\u003c\/p\u003e \u003cp\u003eIn addition to the technical explanations of his winning process, David Halsey includes compelling sidebars where he talks about personal experiences that led to specific discoveries and the \"aha!\" moments in the development of this proven methodology. Written to be an accessible resource, this clear and precise guide can be used by both novice and seasoned traders.\u003c\/p\u003e \u003cp\u003eTrading the Measured Move offers traders at all levels a new method for riding the coattails of massive amounts of institutional money and will put them in a better position to make substantial profits along the way.\u003c\/p\u003e  \u003cp\u003eIf you are an individual retail trader, you are competing with traders who have access to massive amounts of capital allocated by algorithms designed by brilliant mathematical minds and running on the ultrafast computers of the world's largest financial institutions. These traders have changed the rules for the foreseeable future and have placed you at an unprecedented disadvantage. Trading the Measured Move offers individual retail traders a big-picture understanding of today's market, plus the necessary details of how to trade fearlessly and profit in such a competitive marketplace. \u003c\/p\u003e\u003cp\u003eWith Trading the Measured Move, investing expert David Halseyfounder of the popular website EminiAddict.comoutlines a new and unique approach to investing success that draws on Fibonacci retracements (Fibs) within a series of measured moves across multiple time frames. Based on years of research and Halsey's own experience, Trading the Measured Move identifies a set of trading rules commonly used by quants and unveils the personalities of a wide range of trading instrumentseach created by the movement of substantial amounts of institutional capital every trading day. The book offers a step-by-step blueprint for creating a trading plan built upon a dynamic framework of fundamental principles flexible enough to support an individual's trading personality. Once mastered, Halsey's powerful method can help any trader successfully navigate this new and previously uncharted trading environment. \u003c\/p\u003e\u003cp\u003eIn addition to the technical explanations of his winning process, David Halsey includes compelling sidebars where he talks about personal experiences that led to specific discoveries and the \"aha!\" moments in the development of this proven methodology. Written to be an accessible resource, this clear and precise guide can be used by both novice and seasoned traders. \u003c\/p\u003e\u003cp\u003eTrading the Measured Move offers traders at all levels a new method for riding the coattails of massive amounts of institutional money and will put them in a better position to make substantial profits along the way.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990403104997,"sku":"NP9781118251836","price":79.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781118251836.jpg?v=1761787687","url":"https:\/\/k12savings.com\/products\/trading-the-measured-move-isbn-9781118251836","provider":"K12savings","version":"1.0","type":"link"}