MIDAS Technical Analysis

Praise for MIDAS Technical AnalysisAs the first person to ever write about the Commitment of Traders report way back in 1973, I have seen the data abusedand usually greatly misunderstood. Most people writing on the subject just don't understand it and you will be misled. Chapter 12 in this book sets the record straight. I am delighted to give a 100% endorsement, the truth of the COT report is here, simply stated and easy to understand. Don't put this book down. Take it to the checkout and buy it. -Larry Williams, private trader and authorIf you are already familiar with MIDAS and interested in re-discovering the powerful trading method developed by the late Paul Levine, then this will become your book of reference. If you are new to the MIDAS method, I recommend first reading the introductory chapters, then jumping to the very practical, money making Chapter 8, then applying the principles yourself. Armed with 'hands-on' knowledge, you will then access the wealth of information that this book provides in helping you to correctly read the markets. -Pascal Willain, independent trader and inventor of volume-based indicators, author of Value in TimeIn this extremely well-developed book, Hawkins and Coles have drawn together a number of ideas, their own and existing methods, in order to construct a concise and disciplined method of analysis and trading. I am particularly delighted to see the recognition of volume as a powerful and often neglected tool. This integration of methods should serve as a profitable tool for those who are willing to do the work to understand why markets move. -Richard W. Arms, author, advisor to institutions, and developer of many such tools as The Arms Index and Equivolume chartingColes and Hawkins have masterfully combined the art and science of technical analysis into a well illustrated and comprehensive tome encompassing the MIDAS method. This book will give any trader the unconventional alternative edge they need to take advantage of the stock market. -StockShare Publishing, LLCThe authors pick up where Levine left off, boldly and competently tackling both the theoretical aspects of Levine's MIDAS method, as well as providing concrete practical trading applications. There were some delightful diversions as well, including a superb overview of how to mechanically apply the statistics in the CFTC Commitment of Traders report. It is a privilege to be sourced on some of the pages, as this book has earned its reference status. -Bob English, Austrian economist, market technician, and traderThe MIDAS curves can be used in any markets over any time frame. They are flexible, robust and powerful. Andrew Coles' and David Hawkins' work on the MIDAS curves is pure gold. -Jayanthi Gopalakrishnan, editor, Technical Analysis of Stocks & Commodities magazineThis is an amazing book. Most books tend to be practical to the exclusion of the theory-theory which is so necessary if we are to adjust a tool when it 'stops working'-or tend to be so theoretical as to be impractical. MIDAS Technical Analysis¿straddles both worlds with ease. As a result, the book is both a reference work and a practical 'to do' volume. -Ray Barros, CEO, BarroMetrics Investments Inc