"An excellent swing trading guidebook that combines original trend theory with practical day-to-day applications. It successfully bridges the gap between classic technical analysis, the modern electronic market, and the working trader. My hats off to L.A. Little."—Alan Farley, author, The Master Swing Trader and editor/publisher, Hard Right Edge
"In this insightful work, L.A. Little has taken a close look at basic concepts of technical analysis and analyzed them in detail. After reading Trend Qualification and Trading you are bound to approach the markets very systematically."—Jayanthi Gopalakrishnan, Editor, Technical Analysis of Stocks & Commodities
"L.A. Little goes beyond the trend in technical analysis—that is, he breaks down the key aspect of stock market trading trends. In clear, conversational language, he shows how all trends are not created equal. How trends are qualified is crucial to predicting future outcomes, and L.A. Little explains how you can do so in his engaging style."—William Hennelly, Managing Editor, TheStreet
"In his new book Trend Qualification and Trading, L.A. Little captures the true essence of trading a trend, identifying when it is occurring and establishing the safest and most profitable ways to exploit the trend. It's not about tops or bottoms, rather the recognition of patterns within that give one the highest probability of winning. With the vast number of tools available to the technician, defining the trend and riding it out is one that is critical for trading success. This book is a must-read and should be part of a technician's toolbox."—Bob Lang, President, Aztec Capital, LLC
"L.A. reminds us that sometimes the first 'advancement' on a ground-breaking technical concept is actually a step in the wrong direction. His adaptation is the step forward many trend traders and technicians could use everyday to improve their trading results. Little's concepts are a must-read for any serious technician."—Timothy Collins, Management Partner,TangleTrade Management
Acknowledgments.
Introduction.
Part I Trend Theory.
Chapter 1 Redefining Trend.
Chapter 2 Classical Trend Model.
Objective of the Model.
Inputs.
Model Definition.
Rules for the Model.
Applying the Model.
Summary.
Chapter 3 Neoclassical Trend Model.
Objective of the Model.
Inputs.
Model Definition.
Rules for the Model.
Summary.
Chapter 4 Determining Trends.
Fundamentals for the Long Term.
Swing Point Logic.
Identifying and Labeling Trends.
Summary.
Chapter 5 Qualifying Trends.
Using Swing Point Tests.
Trend Continuation and Transitions.
Retest and Regenerate.
Summary.
Part II Application of Trend Theory.
Chapter 6 Preparing to Trade.
Overview of Trading Strategies.
Risk versus Reward.
Time Frames.
Summary.
Chapter 7 Entering and Exiting Trades.
Support and Resistance.
Price Zones, Not Lines.
Defining Entry and Exit Points.
A Trading Example: Combining Technical Events.
Summary.
Chapter 8 Reversals and Price Projections.
Price Reversals.
Price Projections.
Summary.
Chapter 9 Time Frames.
Time Frame Analysis.
Time Frame Integration.
Establishing a Trading Bias.
Trade Trend Matrix.
Summary.
Chapter 10 Markets, Sectors, and the Trading Cube.
General Market.
Market Sectors.
The Trading Cube.
Summary.
Chapter 11 Trading Qualified Trends.
Example of a Qualified Trend.
Entering a Trade.
Exploiting the Trend.
Exiting the Trade.
Flipping Trading Positions.
Concluding Thoughts.
Notes.
Glossary of Key Terms.
About the Author.
Index.