Trading on Expectations: Strategies to Pinpoint Trading Ranges, Trends, and Reversals

I was intrigued by this book mainly because I already trade in a very similar fashion. I came across the idea of using sentiment and auction market theory of my own volition, and bought this book in order to refine my current methods and seek alternative perspectives. The concepts of sentiment analysis and MP are rock solid and legitimate. They are based on human nature, plain and simple. In response to the previous reviewer who stated the book was overly academic, I respectfully disagree. The same comments have been made by many regarding Natenberg's book on Options Vol when in fact, his book is one of the most practical out there. There is a certain language and terminology used with MP concepts, same as there are with options that may seem a little daunting at first. Both require a different perspective of the market, and having unfamiliar terms and concepts comes with the territory. In my opinion, Moynihan covers this book in a highly practical manner. The subject matter by definition is complex and laden with theories, and the author does a very good job of cutting through the BS and getting down to practical application. A very helpful book by a trader who has walked the walk.