This is a basic interactive guide to technical analysis - from one of the world's leading experts. Technical analysis is the art of identifying market turning points at a relatively early stage. For the savvy investor or trader who identifies these changes and acts accordingly, the rewards can be enormous. Listen and watch as this unique entry-level guide explains and demonstrates the tools used by one of the world's foremost technical analysts to evaluate emerging trends before they become apparent to the crowd.Using its effective interactive CD-ROM/workbook format, you'll learn how interpret charts of futures, stocks markets, and options and identify key support and resistance levels; master the basic concepts of momentum and understand its effect on price; apply the theory with a common sense set of trading strategies; use price and volume patterns to identify breakouts; analyze peaks and troughs that can signal a change in the prevailing trend; interpret moving averages and analyze their impact; and, use state-of-the-art techniques such as candlestick charting to determine trends and reversal patterns. You'll also receive savvy advice on when to buy, when to take profits, and how to deal with false breakouts.You'll develop your technical analysis skills with more than eight hours of CD tutorial, including video, animated diagrams, and extremely realistic movies, including videos. Then you can test yourself by trying the interactive quiz that comes at the end of each chapter. It's the definitive guide to one of today's hottest and most profitable investment tools, and a must for every investor, analyst, and trader.
this is a layman's guide to stock market using technical analysis. It is useful to anyone trying to keep on top of their brokeridge account or 401k which includes ability to trade in individual stocks. The author, Martin pring is a Technical Analysis expert and it shows in discussions on momentum (w.r.t. stock price prediction using current versus prior prices) and volume (somewhat event-driven along with enthusiasm or lack thereof). The book contents should be made into a mandatory course in school in this reader's opinion because it is dealing with a subject near and dear to all working adults finanncial health.
Not an easy read since many charts and requires artihmetic reasoning but it is worth the effort just to understand stock market terminology, trends and indicators.
Basic introduction to many trading concepts and overview this will give a new trader idea about various concepts including chart patterns candlesticks and basic technical analysis however I feel this alone can't be used for trading in market more in-depth knowledge is required on topics given here
Really interesting about fundamentals of technical analysis. The charts really help with understanding the different ways of reading the different charts that traders / investors can utilise when assessing whether to take / sell positions.
I think a second read after my initial first will help me to understand the basics better.
Further study of technical analysis is required for more depth of knowledge.
Not dull at all like regular theoretical books in statistics or finance. The connection to practise and the examples put everything in a context which eases the learning process. The CD-guide is great as well.
I was assigned this book for a class I'm taking. It muddied the waters a bit from what I've already learned but did contain some good info. I'll probably come back for a skim through later on.