I would sincerely like to thank those who have
taken their valuable time to pass along the following comments.
I have read your book and incorporated the Directional Day
Filter into my trading with success. I found the book to be direct and lucid. Although it is unfortunate that
these words will be unable to convey the true sincerity of appreciation I
feel, I will write to you nonetheless.
I am in your debt, not only due to processes you have outlined in your book,
but the avenues of further exploration you have sparked with me. It is my
hope that I may take what you have given me, develop myself in some of the
promising directions, and someday share as you have. Thank you, very much,
for allowing me the opportunity to learn from your many years of experience,
creative reflection, and hard work.
Once again, thank you, for shortening my learning curve and increasing my
chances of long-term success.
John Clayburg has produced a well
written book that would be a valuable addition to the library of
any serious trader. Although the book is directed primarily to
intraday trading, his basic concepts are appropriate for all
styles of trading. His method of always defining the major trend
and never trading against that trend may seem fundamental, but it
is a lesson that most traders (including me) have learned the hard
and expensive way. The author provides a systematic approach which
keeps the trader on the right side of the major trend while
providing specific techniques for entry and exit. His entry
methodology invloves defining exhaustion of minor pullbacks
against the major trend and defining short term support and
resistance levels. By requiring these support/resistance levels to
be broken prior to entry, many bad trades are avoided. The book is
also well illustrated with numerous example charts. If you are
trading or planning to trade, you can save yourself some money by
reading this book.
Dear Dr Clayburg;
I have just purchased your new book (which you recently sent to me with a nice handwritten note inside) and am half-way through reading it. I find the
book to be very informative, presenting very good trading ideas and concepts. I especially like the Directional Day Filter, and today I employed the DDF
along with the Clayburg stochastic entry method on a one minute CSCO chart using
TradeStation 2000i. It really worked great, and I have another half of
the book to go!
I first heard you speak at the Omegaworld Conference in NYC last summer. I have also lately been
studying your parallel function information as presented at the conference. I am sure that this technique can be used in many profitable ways. I intend to work on using the technique in developing
new indicators for trading after I finish the book. If there is any additional new public information on this subject I would greatly love to know about it.