The full title of this book by Ross Cameron is
Stock Market Price Moving Averages: How to Use Moving Averages Effectively for Trading Strategies
In my review posted on Amazon.co.uk, I gave the book Three Stars, which means Worthwhile.
Here is my book review.
A helpful introduction
The book starts by explaining the difference between simple moving averages and exponential moving averages and how the length helps indicate short or long term trends.
It then explains how popular moving averages provide support and resistance indicators and how they can be used to set stop-losses.
The book then goes on to explain the trading strategies using moving averages. It then goes on to look at other technical measures based on moving averages that can help to confirm moving average signals.
It’s a shame the diagrams are tiny in the kindle version, as read on a 10 inch tablet. I know they can be expanded but it slows down the reading experience.
While the book provides straightforward, concise explanations it does not make any recommendations based on your trading objectives. Nor does it refer to any of the exercises done by others to provide historical statistical validity to moving averages.
It is a useful introduction but I don’t think I gained much from reading it and it hasn’t caused me to change what I’m doing.
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