This is another ebook that I downloaded from Amazon for my Kindle. The current price is up to 9.99 but it was 0.00 when I downloaded it shortly after Christmas.
The Three Secrets to Trading Momentum Indicators, by David Penn: from the book's Amazon site:
You can't predict the future, but if you see a car going 100 miles an hour toward a picket fence, you have a pretty good idea. In trading, this concept is called momentum and it is one of the most widely used factors in creating effective, profitable technical indicators. Penn shows you three secrets that allow you to capitalize on the power of momentum indicators. Momentum indicators are excellent for getting on the right side of the trend and spotting the reversal before it happens. With a mastery of momentum, traders can put this predictability to work making them money.
The thing that totally got my attention when I first started reading the book was when the author spelled out the Three Secrets in the very first chapter. That's refreshingly innovative, since most authors don't want to "blow their wad" until you've sorted through a lot of chapters. You still have to read the following chapters to get an idea of the specifics, but I guess if the first chapter seemed totally ludicrous, you could put it down right there (but I wouldn't suggest it). I personally use the MACD indicator to time my buying of an individual stock, but the book gave a couple of other interesting indicators to use as a backup, and covered an interesting idiosyncracy of the MACD that is particularly profitable (although I have yet to see it happen in real life).