Technical Analysis of the Financial Markets Quotes

“It should be stressed here again, however, that basic trend analysis is still the overriding consideration.”
― John J. Murphy, Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications

“As with all technical indicators, signals on weekly charts are always more important than those on daily charts. The best way to combine them is to use weekly signals to determine market direction and the daily signals to fine-tune entry and exit points.”
― John J. Murphy, Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications

“THEORY”
― John J. Murphy, Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications