Rating: 
Summary: Concepts are different from Examples
Review: The problem I have with this book is that the author explains the setup in pages before, which is great, but as you read more and more into the book, the examples do not follow the original setups. Therefore, it leaves the reader scratching their head. The subject of this book is inticing, thats why I bought the book, but I don't feel it really adds any value overall.
Rating: 
Summary: As easy as 1-2-3
Review: This book really explains the 1-2-3 price swing better than any others I have read. There are a lot of books that tell you to buy on a pullback, and then fall down because they can't tell you what a pullback is. This book does. It's a simple matter of counting backward to be able to count forward.I've read many books on the markets and most of them are filled with general guidelines that are difficult to put into practice. This book starts with practical trading methods in Chapter One and goes on from there. The only drawback is that the author seems to be partial to a few markets. I would have liked to have seen him cover more on stocks and stock options.
Rating:
Summary: An effective use of two classic indicators
Review: This book takes two classic techniques -Roger Babson's action/reaction theory and Alan Andrew's median line - aka pitchfork - and combines them in a very unique and effective way. Then the author inserts his own proprietary timing method to project future support and resistance and turning points. Being a technical trader myself, I found the book to be interesting and contained a few new twists I've never seen before. I have read some reviews that think this method is too simplistic. I disagree. From trading for over the past ten years, I have always thought a simple, but effective strategy is much better than a complicated trading approach. Complicated doesn't mean better, its just complicated. If I find a trading method to be too complicated I will usually abandon the approach and look for something else. And besides, this could be a compliment to the author for taking something that can be complicated and explaining it in a way that makes it seem simple. I think where some readers may become disappointed, is if they are looking for this book to give them a trading system. If that is the case, this is not the book for them. Even the author states this in the beginning of the book. Advanced Swing Trading is more about understanding market behavior along same lines of Elliott wave or W.D. Gann. However, it is written in a matter that makes it seem much simpler than Elliott wave and not as subjective as W.D. Gann - to me that is a real plus, not a negative. The author explains that knowing how to identify where you are in , what he calls a Reaction cycle, a trader can easily see if the market is reacting correctly - if it is, you know what should follow. If not, you can react accordingly. I have read many books on trading and I believe every author uses carefully selected examples to illustrate their ideas, and this author is no exception. But, on the other hand, he did a couple of things in this book that I have never seen before. First, in chapter three, he shows how to use his Reaction swing for short-term swing trading. After a few examples explaining the process, he takes six months of the S&P and goes step-by-step through every swing pattern. He describes the entry and exit of each trade - both winners and losers - showing the end results. I must say this was impressive! (This chapter alone was worth the cost of the book ten times over.) Secondly, he takes three unrelated commodity markets and goes through the entire Reaction cycle - from the beginning of a major trend all the way through to the end of the trend - showing how the previous swing pattern was used to project the future pattern. To be realistic, the only way a trader can know for sure if the techniques described in this book will work for them, is to get out your own charts and test it. The methods described in Advanced Swing Trading can easily be tested just on any chart. I know this because I tested it myself. After stumbling around for a little while it all came together and - for me at least - it was impressive. Not exact every time, but the best I've seen. To be fair to the author, this was not meant to be a trading system, but offers a valuable tools that can enhance your own trading style. I believe a trader cannot be successful without understanding market behavior and this book does a good job of explaining this. It is well written and very well illustrated with plenty of charts. I recommend it as an addition to any trading library.
Rating:
Summary: A effective use of two classic strategies
Review: This book takes two classic techniques -Roger Babson's action/reaction theory and Alan Andrew's median line - aka pitchfork - and combines them in a very unique and effective way. Then the author inserts his own proprietary timing method to project future support and resistance and turning points. Being a technical trader myself, I found the book to be interesting and contained a few new twists I've never seen before. I have read some reviews that think this method is too simplistic. I disagree. From trading for over the past ten years, I have always thought a simple, but effective strategy is much better than a complicated trading approach. Complicated doesn't mean better, its just complicated. If I find a trading method to be too complicated I will usually abandon the approach and look for something else. And besides, this could be a compliment to the author for taking something that can be complicated and explaining it in a way that makes it seem simple. I think where some readers may become disappointed, is if they are looking for this book to give them a trading system. If that is the case, this is not the book for them. Even the author states this in the beginning of the book. Advanced Swing Trading is more about understanding market behavior along same lines of Elliott wave or W.D. Gann. However, it is written in a matter that makes it seem much simpler than Elliott wave and not as subjective as W.D. Gann - to me that is a real plus, not a negative. The author explains that knowing how to identify where you are in , what he calls a Reaction cycle, a trader can easily see if the market is reacting correctly - if it is, you know what should follow. If not, you can react accordingly. I have read many books on trading and I believe every author uses carefully selected examples to illustrate their ideas, and this author is no exception. But, on the other hand, he did a couple of things in this book that I have never seen before. First, in chapter three, he shows how to use his Reaction swing for short-term swing trading. After a few examples explaining the process, he takes six months of the S&P and goes step-by-step through every swing pattern. He describes the entry and exit of each trade - both winners and losers - showing the end results. I must say this was impressive! (This chapter alone was worth the cost of the book ten times over.) Secondly, he takes three unrelated commodity markets and goes through the entire Reaction cycle - from the beginning of a major trend all the way through to the end of the trend - showing how the previous swing pattern was used to project the future pattern. To be realistic, the only way a trader can know for sure if the techniques described in this book will work for them, is to get out your own charts and test it. The methods described in Advanced Swing Trading can easily be tested just on any chart. I know this because I tested it myself. After stumbling around for a little while it all came together and - for me at least - it was impressive. Not exact every time, but the best I've seen. To be fair to the author, this was not meant to be a trading system, but offers a valuable tools that can enhance your own trading style. I believe a trader cannot be successful without understanding market behavior and this book does a good job of explaining this. It is well written and very well illustrated with plenty of charts. I recommend it as an addition to any trading library.
Rating: 
Summary: Even better than his last book!
Review: When I saw that John Crane had a new book, I couldn't wait to get it. His last one, "The Reversal Date Phenomenon" was terrific and I wanted to see if he could top it...he did! Advanced Swing Trading is easy to understand - although it does help to have some basic understanding of technical analysis - and the illustrations paint a great picture of what he is saying. If you have a desire to understand market behavior and would like to catch the big moves from the beginning to end, this book is for you. If you are a short-term swing trader and would like to know when and when to enter and when and where to exit, this book is for you. Either way, I think you will find the information in this book to be of great value.
Rating:
Summary: Even better than his last book!
Review: When I saw that John Crane had a new book, I couldn't wait to get it. His last one, "The Reversal Date Phenomenon" was terrific and I wanted to see if he could top it...he did! Advanced Swing Trading is easy to understand - although it does help to have some basic understanding of technical analysis - and the illustrations paint a great picture of what he is saying. If you have a desire to understand market behavior and would like to catch the big moves from the beginning to end, this book is for you. If you are a short-term swing trader and would like to know when and when to enter and when and where to exit, this book is for you. Either way, I think you will find the information in this book to be of great value.
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