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Volatility Illuminated

Thu, Oct 8 2009, 11:20 GMT
by FXstreet.com Team

FXstreet.com

About the Author

Mark Whistler is a full-time trader and author. Whistler has appeared on CNBC, while also contributing to FXStreet.com (discussing currency trading and global markets), and has worked as Senior Market Strategist with TradingMarkets.com. His books include · Volatility Illuminated (CreateSpace, 2009) · 2034 The Corporation Post 2012 (CreateSpace, 2009) · The Swing Trader's Bible (John Wiley & Sons, Inc., 2009) · Trade with Passion and Purpose (Wiley, 2007), · Trading Pairs (Wiley, 2004) · Profit from China (Investment U/Wiley, 2006) · Profit from Uranium (Investment U/Wiley, 2006.) Mark Whistler is also the founder of WallStreetRockStar.com, fxVolatility.com and InstitutionalIndexResearch.com. Whistler is an occasional contributor to Investopedia.com. In his spare time, Mr. Whistler operates EatsForTheStreets.com, a growing organization dedicated to helping homeless across America and the MarkWhistlerGallery.com, an unbiased Internet art gallery open to all artists (globally) seeking to display their work.

Book Synopsis

Why is Volatility Illuminated so powerful?

Because Volatility Illuminated unlocks new and innovative information about indicator and information failure, volatility and probability, institutional order flow, mass, force, and energy...

Volatility Illuminated presents durable up-to-the-minute strategies for intraday and swing traders (institutional and retail) including: WVAV - Whistler Volume Adjusted Volatility (assisting VWAP trading), WAVE-PM - Whistler Active Volatility Energy Price Mass, Fibonacci Pitchforks, and Quad CCI. In addition, readers will learn the importance of subset distribution compression, expansion, acceleration, force and mass, all pulled together in a simple, easy-to-understand format. Volatility Illuminated elucidates critical underpinnings of market volatility and price action, which many never discover. Volatility Illuminated is timely, empowering, applicable, and can help traders understand erratic movements within markets…once and for all.

Book Review

Do you want to know the truth about the financial markets? Mark Whistler tells you the truth, at least his own truth. Volatility Illuminated is a long and dense book (roughly 500 pages) where Mark explains his personal view about the financial markets introducing a new paradigm. So this is not a book to be read in a weekend but to be carefully studied and digested, as there’s a lot of information inside to think about.

Therefore this is not the kind of book for the anxious trader who wants to learn how to make money quickly trading currencies and other instruments, but rather for the trader who wants to learn more about the current paradigm governing the markets and get insight in the main reasons of volatility.

Of course, this is not only a theoretical book, as it includes a lot of strategies based on the paradigm presented by the author. Those traders who love “geometrical” trading methods will find very interesting the combination of Fibonacci retracements and Andrew’s Pitchfork explained in chapters four and five. Traders looking for new strategies based on oscillators may find Quad CCI strategy appealing in chapter six. And for all those quantitative traders out there, the last chapters of the book are riddled with a lot of new ideas to test, most of them relating physics concepts (mass, acceleration, energy) to financial markets. You won’t probably find another trading book explaining what VWAP is and how to use it in your own trading.

There’s also room for criticism in this book: in the first three chapters Mr. Whistler discusses several topics related to financial markets, including why technical indicators don’t work, how the media is able to have influence on our memories or why macroeconomic data calculations are flawed. Also the discussion in chapter seven explaining why stock market indices are not reliable is remarkable, as well as how information has been accelerating these last years.

In conclusion, this is a great book, full of very innovative trading ideas and theories, which will probably open your mind to new views of how financial markets work. Whistler’s writing style is catchy and holds interest, while explanations are very clear and enjoyable. The only flaw I could find is that most of Whistler’s ideas are disseminated along the book, so you may think there’s no common thread until you reach the last chapters and tie it all together. Also I would like to find more real examples to gain a deeper understanding, but it looks like the author intends to sow the seeds that will grow in every trader that reads this book.

Alberto Muñoz, FX advisor at FXstreet.com

Book Details

Paperback Details

• Price: $38.20
• Paperback: 504 pages
• Publisher: Dharma Books (July 28, 2009)
• Language: English
• ISBN-10: 1441490795
• ISBN-13: 978-1441490797
• Product Dimensions: 9 x 6 x 1.3 inches
• Shipping Weight: 1.8 pounds

eBook Details

• Price: $61.80
• 504 pages
• Language: English
• Product Dimensions: Secured .PDF
• Includes an indicator and template package*

Purchase this book:
Paperback version | eBook version (including an indicator and template package*)

Download the exclusive FREE 80-page sample of the book:
Volatility Illuminated by Mark Whistler (ZIP, 8.9MB)

• More Forex books
• Purchase the Paperback version
• Purchase the eBook version
• *Unlike the paperback version, the eBook includes an indicator and template package which is comprised of:


Five Brand New Custom Indicators for Trading Price Mass, Volatility, Probability, Institutional Order Flow and Containment Zone Mean Reversion and Divergence with Subset Distribution Movement:
1.Brand New Indicator: Whistler Active Volatility Energy ~ Price Mass WAVE-PM
2.Brand New Indicator: Whistler Volume Adjusted Volatility ~ WVAV
3.New Indicator: Whistler Active Volatility Energy Acceleration Map ~ WAVE-AM
4.Brand New Indicator: Institutional Order Flow Signal
5.Duel CCI Volatility Indicator with Containment Zone Strategy for Intraday Traders


Eight (8) Custom Volatility Trading Templates Including:
o WAVE IOFS ~ Whistler Active Volume Energy - Institutional Order Flow Signal ~ template
o WAVE -PM ~ Whistler Active Volatility Energy - Price Mass ~ template
o WAVE IOFS ~ Whistler Active Volume Energy – Acceleration Map ~ template
o WAVE CCIS ~ Whistler Active Volatility Energy - Quad Commodity Channel Signal ~ template
o WVAV ~ Whistler Volume Adjusted Volatility ~ template
o 3 Trend Manager Price Mass | Containment Zone Intraday Trader's templates

Published on  Thu, Oct 8 2009, 11:20 GMT

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