Trend Forecasting with Technical Analysis: Unleashing the Hidden Power of Intermarket Analysis to Beat the Market (Trade Secrets Series)

After having read the book and used the Vantagepoint software I have found that it does not do what it says it will do. It is not 80% accurate but more to the order of being 80% wrong. This even working with the Vantagepoint people that are suppose to know what they are doing. Contrary what the book says about it being a leading indictor it still lags behind price (FYI, there will never ever be an indicator that will lead price because they all rely on past price for their calculations, even if it is for 1 second). Vantagepoint just tries to predict the future and again it is wrong most of the time. As for the intermarket connect, as anyone that has ever traded does see that market groups will do closely the same thing and a group, bonds, will do the opposite of another group, S&P 500, over the long haul. But if you try to trade it on a short term basis say a intraday or day, you will wish you hadn't took the other group into account. In short, Vantagepoint did not work it was a waste of time and money, save yourself the trouble and don't buy the books or the software. Market methods from the last century wont work in this one and Louis Mendelsohns breakthrough book takes technical analysis to a new level. Mendelsohn presents a comprehensive approach combining technical and intermarket analysis into one powerful framework for accurately forecasting trends. Youll -Precise trading strategies that work for day & position traders -The limitations of traditional technical analysis methods -How to accurately forecast moving averages using intermarket analysis and neural networks. Its time for a fresh approach to technical analysis. Now, get the latest market timing and trend forecasting methods you need to profit consistently in the equity, options and futures markets. During the last two decades of the 20th century, following the advent of microcomputers, participation in the financial markets by individual traders has grown tremendously.