A fresh approach to technical analysis utilizing a full view(multi-time frame) integrated analytical system.
Has the bear market ended? Is the rebound lasting? Everybodywants an answer but nobody can provide one with a good degree ofconfidence. While fundamental analysis is notoriously weak when itcomes to market timing decisions and price target forecasts,technical analysis is equally timid in providing any concreteanswers to the above fundamentally important questions for marketparticipants. No existing system has produced a firm answer with arespectable degree of conviction.
This book will present a system to answer those questions with ahigh degree of confidence.
Xin Xie is the Director for Institute of International Trade andInvestment at the Upper Yangtze River Economic Research Center,Chongqing University of Business and Technology and PRC Ministry ofEducation. He has a PhD in Economics from Columbia University inNew York and a Master of Arts Degree in Statistics at ZhongnanUniversity of Finance in China. He has extensive experiences inbanking and investment industries as Senior Economists andStrategists in Bank of America and UBS AG.
Xin Xie
Börsenhandel Finance & Investments Finanz- u. Anlagewesen Trading
Xin Xie's work thoroughly explores the full-view analyticalframework that encompasses technical analysis and clarifies it fortechnicians and fundamentalists alike.
-- The Technical Analysis of STOCKS & COMMODITIESMagazine
Xin Xie's method is reminiscent of Krausz, Elder, and DeMark buttaken to the next level. He's identified new price patterns thatprovide a fresh approach to trading and has put his ideas togetherin a thoroughly clear and systematic way. Traders and technicalanalysts should be delighted to take each component and find newways to profit.
-- Perry J. Kaufman, Author of New Trading Systemsand Methods, 4th Edition (John Wiley 2005) and AShort Course in Technical Trading (John Wiley 2003)
The wilder the international economic dislocations in financialmarkets, the higher is the interest in technical analysis. XinXie's excellent book starts where today's basic technical analysisends and fails. The book takes a conceptually fresh approach whichXin Xie calls FVITA. He succeeds at addressing the two mainshortcomings of technical analysis-fixed parameter values and alack of communication between myriads of technical indicators-whichmust be overcome in order to more safely identify changes intrends, which is the most important goal of technical analysis. XinXie's highly sophisticated concept not only highlights the sourceof failures in existing technical analysis but shows that FVITAincreases the robustness of forecasts by providing a systematicview of market dynamics and interferences, resulting in effectivelylinking fundamentals with technical analysis. Xin Xie's impressiveexpertise makes this book a must read for technical analysts whowish to acquire a more robust and faster tool set in identifyingchanges in important market trends which in our times often comewith tectonic force. Technical analysis will never be the sameafter Xin Xie's brilliant book.
-- Alfred Signer, Dr. oec. HSG, Former Managing Director,Country Research and Risk Controlling, UBS AG
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