This paperback reprint is the breakthrough trading method, The Congestion Phase System, by one-time CTB floor trader, Eugene Nofri, and daughter, Jeanette Nofri Steinberg has just been made available. Mr. Nofri is acknowledged as the originator of the "trading range" concept. Academic and industry professionals consider the system a breakthrough in understanding market fluctuations.
Since originally published in the late 1970's and revised in 1980, The Congestion Phase System has been tested by numerous computer programs, which verified its probable success rate at 70-75%.The authors keep it simple with market basics and easy-to-follow instructions for using 32 chart patterns that appear during periods of market stabilization. The system yields smaller, but more consistently profitable trades.
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