Sentiment Indicators Abe Cofnas, Renko, Price Break, Kagi, Point and Figure

 

Presents new sentiment research, measure sentiment change to avoid counter trend trading

Sentiment Indicators share knowledge about the latest techniques and strategies for using Renko, price break, Kagi, and point and figure tools to successfully analyze all markets.

Abe Cofnas offers key information on these tools and how to use each in shaping trading strategies Besides that, it provides a practical overview of how to use these little-known indicators and how each can enhance your trading endeavors.

• Focuses on measuring sentiment change to avoid counter trend trading
• Explains the comparative advantages of each tool and when to use one tool versus another
• Presents new sentiment research that analyzes word mining and what it means for markets
• Shows how the indicators work in different markets: futures, equities, forex, and others
• Provides a solid understanding of charting techniques and uses real-world examples to illustrate strategies and tactics

Contents:

1 The Geometry of Emotions and Price Action

Building Investor Emotional Intelligence

2 Price Break Charts: Key Concepts

High-Probable Entry Conditions 

What are Price Break Charts? Basic Concepts 

Reversal Distances: A Key Metric 

Consecutive High and Low Close Sequences 

Is the Reversal Serious? 

3 General Trading Strategies for Applying Price Break Charts

Trading in the Direction of the Trend after a Counterreversal Block

Join the Trend after the Appearance of the First or Second Reversal Block

Fibonacci Resistance Confirmation 

Countertrend Scalper

Always-In Strategy 

Flip-Flop Reversal Entry 

Momentum Trading—Six-Line Break 

Price Break and Volume Data for Equity Charts 

Multiple Setting Intervals and Price Break Charts 

4 Applying Price Break Charts to Markets and Data S&P 500: Price Break Chart Patterns

Using the Day Chart

Crude Oil and Price Break Charts

Microdetection of Sentiment Reversals—The Use of Price Break Charts for Momentum Trading

Price Break and Tick-Level Price Action 

Six-Line Breaks and Fibs

5 Channel Patterns, Cycles, and Price Breaks Cycles and Price Break Charts

6 Multiple Market Applications of Price Break Charts 

Contemporaneous Visual Correlation of Instruments 

Volatility and Price Break Charts 

Price Break Charts and Sentiment Data: Innovative Applications

Price Break Charts and the Global Financial Crises 

7 Price Break Charts and Option Trading 

Selecting Direction with Price Break Charts

Selecting the Strike Price

Risk Reversal Price Break Charts Analysis for Currency Traders

Price Breaks and Currency Volatility Smiles 

8 Renko Charts Revived: The Microdetection of Sentiment

What is Renko Charting? 

Tactical Trading Rules for Renko Charts 

Key Components of a Renko Charts Trade 

Step 1: Renko Chart Setting Sizes and Time Intervals

Step 2: Select Chart Time Interval: Use Three Time Intervals

Step 3: When a Trade Enters the Average Target of Profi tability, Turn On the Renko Charts 

Time and Bricks 

Renko Charts and Economic Data Release Trading 

Using Renko Charts to Enter Positions 

Renko Charts in Multiple Markets 

Renko Charts and Six-Line Break: Tools for the Scalper 

Renko Bricks at the Tick Level 

Renko and Volume 

9 Kagi Charts: Waiting for the Turn of Sentiment 

Kagi Chart Basics 

Buy and Sell Signals with Kagi Charts—When

Yin Turns to Yang 

Kagi Charts: The Keys to the Turn of Sentiment 

Quantifying Kagi Charts 

Kagi versus Candlesticks—Which Is Better? 

10 Point and Figure Charts 

How Point and Figure Charts Work 

Variations in Settings in Selected Markets 

Combining Chart Types 

11 Integrating Price Break, Kagi, Renko, and Point and Figure Charting

Using the Price Landmark Matrix

12 New Directions in Sentiment Analysis: Charting Words 

Decreasing Frequency Comparison

13 Beyond the Trend: Cycle Indicators Independent of Time

Cycle Detection and Projection