Advanced Swing Trading: Strategies to Predict, Identify, and Trade Future Market Swings (Wiley Trading)

Fantastic service.

Mr Crane's book is well written and practical. If you enjoy charting you'll like just practicing with the Andrew's pitchfork and reaction lines. However, the main faults with the methods he mentioned are that the rules are too rigid to be accurate the majority of times, and the prospective use of the methods is quite a bit harder than the retrospective use. The author mentions in his intro that he stumbled on a "repetitive, predictable pattern" that was the basis for his method. I believe that this was basically the "measured move," or the 100% extension of A-B-C swings. His charting technique with Andrew's pitchfork tries to predict this, but it is excessively complicated and only accounts for 100% measured moves. In my opinion, a fibo extension tool is far easier to use and allows traders to see the 61% and the 161% extensions as well as the 100%, which are just as useful. The time element of counting days, I think, is even more unreliable in practice. But, then again some measured moves are symmetric in time and price, so occasionally they work. Bottom line, an interesting book, but not one that will likely have a very high predictive value.

Swing trading, a powerful technical approach for profiting from shorter-term price moves (several days to a couple of months) - is sweeping the trading world. And once you've mastered the basics, you're ready to tackle the innovative and accurate swing trading system outlined in John Crane's, Advanced Swing Trading: Strategies to Predict, Identify, and Trade Future Market Swings. John Crane presents his unique Action/Reaction theory in Advanced Swing Trading and introduces a whole new way of using time, price and patterns to anticipate and successfully trade future market swings in all markets - from stocks to commodities. Based on years of research and sustained success, Crane outlines how, using the Action/Reaction theory and combining price levels, precise timing methods and confirmation patterns - you can capture profits as markets go through a complete, predictable cycle known as "the Reaction Cycle." Using this technique you'll learn to predict the beginning of a new trend, and project the time and price of the trend's center and end. "Action lines" and "Reaction Lines," he further explains, allow you to predict the time and price of major market reversals - tipping you off you major market turns as well as small corrections. Armed with these strategies - you can seize short-term trading opportunities with increased vigor, new confidence and visibly improved results. Packed with proven strategies, real-world examples and clear-cut charts you'll be exposed to many unique and innovative new concepts that take basic "swing trading" to a whole new level. You'll discover important concepts, including: Reaction Swings: What they are & rules to identify them and predict future turning points "Swing Trading" the Reaction Swing: Identifying short-term trading signals, rules for entry, and key target projections based on Time and Price. Where & when is the right time to exit a trade - an easy method to determine when the price is right. Reversal days and the Gann fan: How natural support & resistance levels can work in conjunction with the Reversal dates. When you Can't find the Cycle: Alternative use of the Reaction Swing by using one Reaction Swing to project several future Reversal dates. Bullish/Bearish Divergence: Another technical indicator used to identify trend exhaustion With the field quickly getting overpopulated with swing trade 'experts'I see John Crane as a refreshing voice, and his groundbreaking concepts offer traders new ways to conquer short-term markets and apply swing trading techniques to any portfolio -- without making it a full-time job. As John Crane acknowledges in his book, "Knowledge is Power. The best investment that you can make, is investment in yourself." Now, there's no better way to gain new insights and methods that will give you an increased edge in the markets than with John Crane's new "Advanced Swing Trading" book. Invest in yourself today - by making Advanced Swing Trading part of your investment and trading library today. It's an investment move you won't be disappointed with.

I really wanted to like this book. I've read it twice and spent some considerable time in revisiting the examples trying to become familiar with the author's methodology. However, there seems to be an operative disconnect between the espoused theory and the demonstrated practice. First - the negatives. The author's thesis is that it is possible to predict market turning points in advance by identifying a reaction swing, counting backwards to a prior turning point, and then projecting that periodicity forward to derive a reflective, future turning point. But the author does not precisely define how a reaction swing is identified, or how one reaction swing is to be considered while another is to be ignored. The examples in the book do not address the reasoning involved for practical application of this method. This theoretical shortfall diminishes the utility of the reaction swing concept. Second - the positives. Although this method was suggested before in Roger Babson's action-reaction theory (1910s), the Wetzel Market Bureau's "Course in Trading" (1930s), and Alan Andrews' course (1960s), it was not so thoroughly developed as it is in this presentation. Also, there are a number of interesting trading systems (set-ups) offered which might prove to be useful. All in all, this book is akin to the photograph of a holy grail as compared to THE HOLY GRAIL. It is an interesting book that presents some time-honored concepts - with a few unresolved issues. More interesting (and usefully profitable) are the Wetzel and Andrews courses.

I was so excited about John Crane's technique after reading his article in Stocks & Commodities only a few weeks ago. I had actually passed up reading the article when the S&C issue came back in February, and recently when that issue was laying around still, I went to put it away, and I happened to quickly leaf through it and came on to one of your charts, and I decided I should read the article after all... boy am I glad I did. I didn't think I'd be interested in it earlier on since I don't consider myself a "swing" trader, because I am a daytrader and don't hold overnight, but after reading the article I realized immediately this wonderful technique is so simple and is readily and easily applicable on any timeframe and in any market. I have since purchased the book and find it to be an excellent presentation and I've learned so much from it! The technique basically suggests that a an inverted (or reverse, as you might like to call it based on your terminology) mirror image foldback will play out beginning at the center of the reaction swing/reaction cycle, and will complete when the inverted mirror image foldback has folded back (i.e. traced out in foldback fashion) to the beginning of the swing, what you usually call point A or point X in your charts. Because your technique is great at pinpointing the center of the reaction cycle, at least with some reliability, the technique confirms the validity of the inverted mirror image foldback and just as importantly, where it should begin and end. Before learning of this technique I was always second guessing when a fold back would start, whether it would be a regular or inverted, and when it would end, and if it would flip at some point in between. Now, with the technique taught in Advance Swing Trading, I don't need to guess much anymore, and to a certain extent I don't even need to think of the pricing play out any longer as a foldback or not, if I don't want to. I just need to identify the reaction swing &/or center of the cycle for the trend that is developing and then, as taught in the book, just do the counts back and forward and apply the reaction lines (and Gann fans &/or fib retrace buy-sell windows as you call them). I'm so glad I've come upon this material as it has brought together for me many years of frustrating results using other technical analysis methods. I've been referring Advanced Swing Trading to other trader friends too...

Don't waste your money on this one.

I bought this book because of a recommendation from a friend who is also an active trader like myself. I have always had one simple rule to determine if a trading book is worth the hype. If I can quickly learn the techniques in the book and apply them in the market profitability and consider the information good enough to continue using it in my trading, it rates five stars - if not it gets one star - its that simple. I gave this book five stars. End of review!

I no longer have the book-so i can not comment about it.It was shipped quickly.But no new revelations on strategies in this book.