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Book Description

Praise for Commodity Strategies

"I have read many books on Point & Figure charting, but this is the first in its category-on the application of the time-tested methodology of Point & Figure charting, in particular, the concept of 'relative strength,' to pick outperforming commodities as well as to achieve diversification of non-correlated assets. If you are looking for a profitable and comprehensive methodology to making money from the commodity and currency markets and ETFs, look no further-you have found it. This book has it all."

-Fred Tam, MPhil, CFTe, MSTA, lecturer in technical analysis at University Malaya and Open University Malaysia

"Tom Dorsey is a market wizard who continues to stimulate the investor's mind. Commodity Strategies is powerful from start to finish with charts and many interesting insights. It's a clear guide for anyone looking to expand their investment horizon."

-Joseph Barrato, EVP of Investment Strategies, Arrow Funds

"This book and Dorsey's commodity strategies provide a much-needed, disciplined, and risk-managed framework for when and how to incorporate commodities into a portfolio. His investment methodologies along with the evolution of ETFs into alternative asset classes like commodities and currencies are a match made in heaven."

-H. Bruce Bond, President and CEO, PowerShares Capital Management

Table of Contents

  1. Cover Page
  2. Title Page
  3. Copyright
  4. Contents
  5. Preface
  6. CHAPTER 1: Developing a Trading System
  7. CHAPTER 2: Patterns, Trends, and Price Objectives
    1. CHART PATTERNS
    2. TREND LINES
    3. PRICE OBJECTIVES
  8. CHAPTER 3: Using Spot Charts
    1. COMMODITY MARKET INDEXES
    2. SPOT CURRENCY CHARTS
    3. OTHER USEFUL SPOT AND CONTINUOUS CHARTS
  9. CHAPTER 4: Relative Strength with Commodities
    1. RS CALCULATION EXAMPLE
  10. CHAPTER 5: Other Strategies and Tools
    1. SUPPORT AND RESISTANCE
    2. BIG BASE BREAKOUTS
    3. CHANGING BOX SIZE
    4. USING PULLBACKS AND RALLIES TO IMPROVE RISK-REWARD
    5. MOMENTUM
    6. TRADING BANDS
  11. CHAPTER 6: Putting It All Together
    1. PART ONE: OLD FRIENDS WITH A NEW TREND
    2. PART TWO: INITIATING AND MANAGING A POSITION
  12. CHAPTER 7: Exchange-Traded Funds (ETFs) and Commodity Markets
    1. TIMING IS EVERYTHING
    2. HISTORY OF EXCHANGE-TRADED FUNDS
    3. TODAY'S COMMODITY/CURRENCY ETF MARKET
    4. EVALUATING THE POINT & FIGURE CHART OF COMMODITY ETFs
    5. RELATIVE STRENGTH COMPARISONS
    6. KNOW WHAT IS INSIDE
    7. WHAT DOES THE FUTURE HOLD?
  13. CHAPTER 8: Mutual Funds and the Evolution of the Commodity Markets
    1. FROM FRUIT BASKETS TO BASKETS OF FRUIT
    2. OILS WELL THAT ENDS WELL?
    3. SOFT DOLLAR? TRY FRANKLIN TEMPLETON'S HARD CURRENCY FUND
    4. THINKING TACTICALLY ABOUT CASH
    5. CONTEMPLATING CASH
    6. THE BIG PICTURE?
    7. COMMODITY/FUTURES-RELATED MUTUAL FUND VEHICLES
  14. CHAPTER 9: Final Thoughts
  15. Appendix: Commodity and Futures Reference Sheet
  16. Index
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