The wilder the international economic dislocations in financial markets, the higher is the interest in technical analysis. Xin Xie's excellent book starts where today's basic technical analysis ends and fails. The book takes a conceptually fresh approach which Xin Xie calls FVITA. He succeeds at addressing the two main shortcomings of technical analysis-fixed parameter values and a lack of communication between myriads of technical indicators-which must be overcome in order to more safely identify changes in trends, which is the most important goal of technical analysis. Xin Xie's highly sophisticated concept not only highlights the source of failures in existing technical analysis but shows that FVITA increases the robustness of forecasts by providing a systematic view of market dynamics and interferences, resulting in effectively linking fundamentals with technical analysis. Xin Xie's impressive expertise makes this book a must read for technical analysts who wish to acquire a more robust and faster tool set in identifying changes in important market trends which in our times often come with tectonic force. Technical analysis will never be the same after Xin Xie's brilliant book
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