A thorough examination and explanation of cyclic price movements and how they can be applied to trading and investing. Summarizes the main points of the work of J. M. Hurst and explains each aspect thoroughly. Authored by a prominent British financial writer, whose earlier work, Channel Analysis, was eagerly sought by U. S. investors, but was not readily available in this country. This book updates, expands, and revises the concepts in Channel Analysis. Explains how price channels may be drawn around price action and combined with cyclical analysis to determine effective buying and selling points. Shows and explains methods that make it possible to predict some turning points months before they are due to occur.

One of the best classical methods of technical analysis brought up to date This book offers a modern treatment of Hurst's original system of market cycle analysis. It will teach you how to get to the point where you can isolate cycles in any freely-traded financial instrument and make an assessment of their likely future course. Although Hurst's methodology can seem outwardly complex, the logic underpinning it is straightforward. With practice the skill needed to conduct a full cycle analysis quickly and effectively will become second nature. The rewards for becoming adept are high conviction trades, tight risk management and mastery of a largely non-correlated system of analysis. In this extensive step-by-step guide you will find a full description of the principal tools and techniques taught by Hurst as well as over 120 colour charts, together with tables and diagrams. The Updata and TradeStation code for all of the indicators shown is also included.

Like the work of J. M. Hurst, Millard's forbear, Future Trends "shows what is possible when approaching the markets with a measured, logical technique based on firm mathematical and scientific logic".

One of the greatest challenges faced by designers of digital systems is optimizing the communication and interconnection between system components. Interconnection networks offer an attractive and economical solution to this communication crisis and are fast becoming pervasive in digital systems. Current trends suggest that this communication bottleneck will be even more problematic when designing future generations of machines. Consequently, the anatomy of an interconnection network router and science of interconnection network design will only grow in importance in the coming years.This book offers a detailed and comprehensive presentation of the basic principles of interconnection network design, clearly illustrating them with numerous examples, chapter exercises, and case studies. It incorporates hardware-level descriptions of concepts, allowing a designer to see all the steps of the process from abstract design to concrete implementation. - Case studies throughout the book draw on extensive author experience in designing interconnection networks over a period of more than twenty years, providing real world examples of what works, and what doesn't. - Tightly couples concepts with implementation costs to facilitate a deeper understanding of the tradeoffs in the design of a practical network. - A set of examples and exercises in every chapter help the reader to fully understand all the implications of every design decision.