Book Reviews

 

 Candy, I have read your article on the "Investopedia.com". Another your article I read on the magazine "Stock & Commodities", titled "Pullbacks", of the February 2009. Practically, this last article ought to be of very big interest for all those who have not had the luck to readthe "ADXcellence".

This BOOK is fantastic ! One thing is sure : since I began to insert in the my charts ADX/DMI, as only and main indicator, following the teachings and rules written in the BOOK, my daily trading is changed, it has been how to turn night into day. Certainly I make still many mistakes...but studying with many determination and then increasing my discipline in the trading, I think that my daily profit within a few time, shall be able to reach the goal that yesterday I could only to dream !  Thousand thanks Candy and still thousand thanks to your husband, Dr. Schaap !  V.A.
 

"First, I would like to thank you for the most excellent book that I've ever read on trading. It is very well and clearly written, and gives a reader the impression that the author held nothing back." - MT

"...brilliant new book...this book should be the top one on any trader's list."  (L. H., Orcas, WA)

"This book is brilliant. I believe this is one of the best trading books I have read. Dr. Schaap has done a fantastic job of identifying a seemingly simple, yet profoundly powerful price indicator that I never understood. The language is not technical and should be an easy read for anyone. I believe it is the spendiest book I've ever purchased, but just like a good concert, you forget about the price and savor the experience."  (Rick , Las Vegas, NV)

Buy The Book NOW!                   

“I have read a lot of books and none have had the impact on my trading like (ADXcellence)…Chapter 3 alone would have put an additional $19, 500 into my pocket. I can think of no better name for the book…ADXcellence…for that it is!  (T.S., Cleveland, OH)

"It's terriffic!!!...what a great read! I know it is going to be such a success the more that people find out about it. This is serious stuff!"     (M. K.,  Baltimore, M.D.)

"The books takes you from A-Z orderly and clearly. Never before has this information with all the tips been so well expressed."       (L.S., Jacksonville, Florida)

"Awesome.The definitive book on the ADX indicator."    (S. F., New Haven, CT)

This is an excerpt from Chart Watchers The Stockcharts.com Newsletter-By Chip Anderson 9/05/2006

TRENDING UP, DOWN OR SIDEWAYS?

Trend analysis is one of the most important technical analysis skills anyone can have. Knowing if a stock is trending or oscillating can have a big impact on what kind of approach you take to trading it. Stocks that are in a strong uptrend should be bought and held until one or more momentum oscillators show signs of weakness (a moving average cross-over for example).

 

So, how do you tell if a stock is trending or oscillating? And how do you tell if the trend is strong or weak? A more objective technique is to use the ADX indicator. The ADX indicator was invented by Welles Wilder, the same guy who created the RSI. The calculation of the ADX is complex and beyond the scope of this article however, we have recently gotten a very detailed new book about the ADX into our bookstore that can tell you everything (and I mean everything) you ever wanted to know about this important indicator. Although it is pricey, serious ChartWatchers will find that "ADXcellence" by Dr. Charles Schaap is well worth the cost. 

                                      

Dear Dr Schaap,
I cannot thank you enough for writing a great book on ADX indicator.
I just bought your book called "ADXcellence" a month ago from stock charts store however, I could see the impact on my trading straight away. I am currently trading in
Australia and Indonesia stock market, but the impact on ADX can be felt on both market. In just a two weeks since I am implementing ADX, my account was up almost 30% already.
This is my first comment that I have ever written on a book, and in conclusion, I definitely put two thumbs up on "ADXcellence". Keep up the good works and Goodluck in any future publication.
Warmest Regards,     Woody Rachman

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