Martin Pring’s Definitive Guide to Momentum Indicators Released by Marketplace Books

July 29, 2009 - PRLog -- Award-winning trader and bestselling author Martin Pring has just released a new title with publisher Marketplace Books. The Definitive Guide to Momentum Indicators delivers the most comprehensive text available on some of today’s most valuable technical analysis tools. A unique combination of text and audio-visual CD-ROM tutorial, this new product is an excellent teaching tool for in-depth research, instant reference, and interactive review. It will provide technical traders with accurate trends proven effective in today’s fast-moving markets.

And in today’s markets, technical traders are paying close attention to momentum, as big changes are often triggered by fast-breaking news or big-money investors taking or dumping positions. These momentum moves can signal profit opportunities for traders, if they know what to look for.

The book offers an in-depth introduction to the use of momentum analysis in markets from stocks and indexes to commodities and currencies. Pring discusses all of the essentials, such as oscillator interpretations, classic divergences, divergence variations, peak and trough analysis, moving averages, changes in primary trends, the RSI, the MACD, and stochastics, as they relate to momentum. He moves on to explain 25 powerful oscillators, including the TRIX index, the Chande Momentum Oscillator, the Dynamic Momentum Index, and more. With illustrative charts and examples, Pring shows how each oscillator can be used to improve trading accuracy.

Martin Pring first entered the financial markets in 1969 and has since become known as a pioneer in the field of technical analysis. Barron’s called him a “technician’s technician” and he continues to live up to this name servicing the industry with a wide range of valuable trading products geared towards technical analysis. During his 39 years of trading, Pring has authored over a dozen popular trading books including the runaway hit, Technical Analysis Explained, which is now in its fourth edition. Pring currently serves as  president of Pring Research and lends his editorial skills to The Intermarket Review newsletter. Pring is also a member of the exclusive Traders’ Library Traders’ Hall of Fame.

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About Marketplace Books and Traders’ Library: Based in Glenelg, Maryland, Marketplace Books has been serving the needs of investors, financial advisors, and professional traders since 1995, often partnering with key industry players in the investment world. Traders’ Library is the preferred online bookstore for Marketplace Books products.