Capturing Profits With Technical Analysis By Sylvain Vervoort
He had stopped trying to predict the market.
What it promises is . For the disciplined trader, it offers a way to remove emotional guesswork. The trend system captures the middle of the trend (the "fat part" of the move), and the range system harvests small, reliable dividends during boredom.
According to Vervoort, novice traders fail because they apply the wrong tool to the current market phase. They use oscillators (like RSI) in a strong bull trend (missing the move), or moving averages in a choppy sideways market (getting whipsawed). He had stopped trying to predict the market
A peak that breaks the previous downward trendline. Point 3: A higher low that does not break Point 1.
By using this proprietary tool, traders can visualize the "path of least resistance" for price, filtering out the noise that often leads to false signals. The trend system captures the middle of the
His philosophy is rooted in the belief that trading is not about gambling or intuition, but about probability and logic. Capturing Profits With Technical Analysis serves as a culmination of his life’s work, presenting a structured methodology designed to remove emotion from the decision-making process.
Then a friend slipped him a worn-out PDF: Capturing Profits With Technical Analysis by Sylvain Vervoort. A peak that breaks the previous downward trendline
He stared at the screen. He hadn’t predicted the drop. He had simply built a cage for it—a profit capture zone based on historical volatility and Fibonacci extensions of the prior swing low.
Perhaps the most significant contribution Vervoort makes to the field of technical analysis is the development of the . While the book discusses standard indicators like Moving Averages and RSI, the Volatility Band is the linchpin of his trading system.
He had learned, at last, to trap it.