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Cynthia Kase - Trading With the Odds

Cynthia Kase - Trading With the Odds



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Published by: api-3762584 on Oct 17, 2008
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Boston, MassachusettsBurr Ridge, Illinois
Dubuque, Iowa Madison, Wisconsin New York, New York
San Francisco, CaliforniaSt. Louis, Missouri

Several years ago I had the pleasure of taking Cynthia Kase on a speaking (teaching) tour to Italy and throughout many mid-east- ern countries, I could easily discern that her mind was always at work. She would not take the traditional, commonly used technical analysis studies for granted, but would investigate carefully where others had blazed a trail, using their observations as a jumping off place from which to begin truly unique research.

An outside observer could see at
th e

time that she had already mined the rough gems. I can tell it took work and dedication to pol- ish these ideas into the methodology described in this book.

The book is filled with unique observations. They are best summed up by Cynthia\u2019s own comments on the present \u201cstate of the art\u201d of the common routines published and used by technicians today She feels that today, even with the availability of powerful computers, we are still living too close to the past where most

te ch n ica l
was done by hand, or, at best, using spreadsheets on fairly crude com-
puters. Cynthia believes that we must make today\u2019s
p o w e r fu l

com - puters WORK and work hard. With the increase in versatility of today\u2019s PCs, they are now capable of NEWER types of analysis if we tell them where to look.

I could easily cite many new ideas illustrated in this book, but I will choose just one and, for brevity, I will greatly simplify the con- cept. A trader who trades in two time frames traditionally uses the longer (weekly) chart and its signals to confirm the shorter (daily) chart. The trader\u2019s recurring dilemma is that he or she must wait for Friday\u2019s close to get the weekly confirmation. The trader would like to get his/her signals earlier, but the system specified requires a weekly confirmation. Cynthia asks why a week must end on a spe- cific day By using a \u201crolling\u201d week for the last five trading days and their cumulative signal as the confirmation in building the system, both the daily chart and the weekly rolling chart can be evaluated EACH day This example demonstrates Cynthia\u2019s dimensional expan- sion of a particular technique-breaking the traditional mold and looking for the trading edge.

To sum up, at this time I feel Cynthia\u2019s present work and the
research evidenced in this book represents a new view of techniques.

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