Book cover for Mastering Hurst Cycle Analysis

Mastering Hurst Cycle Analysis

Synopsis

Details

30 November 2011
384 pages
9780857190628
Imprint: Harriman House

Reviews

A carefully constructed, thorough and extremely readable guide to a complicated area of technical analysis. It is well presented and illustrated throughout with 120 legible diagrams and financial charts, showing real examples from the markets that make Hurst's work accessible.
This book is highly-recommended for any market analyst or trader who wishes to add cycles to their analytical toolbox. This is a clear and concise introduction.
Cycles are one of the most underutilised, and yet most rewarding, sources of information available to an analyst or investor. If it is possible to anticipate a reversal, and track it in real time, then eager investors should want to know about it. Until relatively recently, cycles have not been properly understood, so there has been a dearth of practical knowledge. This gap is now being filled by dedicated researchers such as Chris Grafton. His book brings together the ideas of one of the pioneers of cycle analysis - the engineer, J.M. Hurst - and presents them in an easily understandable and very useable form. Once mastered, the techniques explored in the book should be a source of significantly enhanced market understanding and very profitable investment.
I really like this book. It takes the excellent original idea of Hurst and brings it right up-to-date in the modern computer era. It explains cycles and harmonics and shows how to construct Valid Trend Lines and Lines of Future Demarcation. It does not pretend that this subject is easy, but does explain it with very clear charts and writing. The work shows the relationship to Elliott waves and RSI oscillations. There are some clear worked examples and ideas of how to put on and manage a trade. Most investors will find it a useful addition to their knowledge. Well done Chris Grafton.