Scope
First Technical Analysis Guide consists
of 2 books and 1 research study.
The first book called Technical Analysis
– The Basics concentrates on an introduction to technical analysis. This basic level introduction is written for
investors who are new to technical analysis. It introduces range trading and trend trading. It explores most of the better
known trading techniques for range trading and also for trend trading. It gives a general idea to new traders on the tools
that are available in technical analysis and how to use them. It offers a brief overview of the concept of simple moving average
and standard deviations.
The second book called Technical Analysis
– The Applications in Professional Model Trading concentrates on the strategies used in trading. This advanced level
is written for serious investors who are willing to commit time, money and endurance to trade profitably. It analyses a particular
trading system, BBZ and related trading plans, strategies and risk control management. It gives instructions to traders on
how to develop and optimise a trading system. It shows how simple moving average and standard deviations can be used for model
building.
The final book, a research study called
Genesis of BBZ shows how the Bollinger Bands Z-Score Indicator is derived from Bollinger Bands which is standard deviations
and moving average. The study is done on the futures contract on Kuala Lumpur Composite Index ("FKLI").