Great books for trend trading

I wanted to know if you guys can recommend some great books on trend trading. I posted this question over in the newbies Q&A but have not gotten a response as yet.

Thanks.

Michael Covel's "Trend Following". Excellent.

What trend do you want to trade? There are trends within trends within trends at all times. I should probably rephrase this. What time frames do you like to trade on?

I found Michael Covel's book is fun to read, but doesn't exactly pointing about how to do a trend following. On the positive side, he gives many samples of sucessful traders, which you can conclude from that, what trend following is all about.

My choice of book for trend following is The Law of Charts by Joe Ross. I'ts more technical & easy to learn.

and this's some of traders here that I've notice they implementing a trend following system in their journal / posts. (I might be wrong, this is subjective view), SeekingLight, steviet, hilmy83, twoblink, downrivertrader, and many more

thanks for the responses guys. In terms of time frames, I am looking for various books that speak about all time frames from 1hr and up. I dont like trading anything less than 1 hr.

Would like books which give you details on how to tell when a currency is about trend or when it is about to finish and reverse etc..

On another note, I saw someone mention a book called trend trading by daryl guppy. I wanted to know if anyone else has read this book. I usually buy all my books off of amazon.com because they have a customer review system which helps me tremendously when choosing a book, but dayl guppy's book is not there so I don't know if it is any good. Are there any other good book sites (with a financial focus) that rank the books they sell?

thanks.

I have not read the book you mentionned from Daryl Guppy, but I guess it is mainly for the guppy (GBPJPY). It may be the trading system with the multiple moving averages used as the channel. There is a web site about it, but I think that it may be too specific and not interesting for trend following in general.

I recommend the Book of Perry Kaufman - Smarter Trading. The concept of the Adaptative Moving Average is very interesting. I use myself a system derived from the AMA.

I read the book (Trend Trading) and I'm trading with his method combined with fibo retracements, So far so good. I trade mainly on 4HR with Daily trend.
Guppy's method is mainly for stocks and long term but you can implement in Forex too and it can be applied to all currency pairs.
I even read Tom DeMark's New Science of Technology but it's too technical..

Thanks
Rishi

Hey, I'm going to start a thread on basic trend trading, you'll probably save yourself a lot of money by listening to some of the people on here.

Big Trends in Trading: Strategies to Master Major Market Moves by Price Headly.


I do not recommend the website listed on the book though.

Why does anyone need a book on trend trading? If you are using a system which does not make PIPs when the market is trending strongly or have moved several hundred PIPs then its time to move on to a new system. I see so many books on trend trading, but I never see any books on range trading which is what the Forex market does most of the time.

C'mon, we want to also see the ugly side of Forex.....

Trend trading is excellent, but I strongly recommends studying price action (candlesticks, bars formation and pivot levels) for starters. Price reading skills is the most basic technique. Master the basics and you can master anything else.

wow...some nice recommendations.

Since you mention it, can you name some good books on range trading? What about books on price action?

thanks.

Maybe it's just the way I learn but I get more out of this forum than any book i've read. It just seems like the info is more relevant. But i'm a hack anyway. I usually get ideas from others and make it my own. Just another tool in the box.

The only problem is the rampant talking from the ass that occurs, but that's in every forum. You've just got to be able to sift through the BS.

Now that i'm done talking from my ass i'll move on.