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If you are a technical analyst, you know how useful it is to predict the future. Based on a collection of indicators and other technical techniques, technical analysts can see what the market will do by predicting how stocks are likely to move in the future. When you read this book, you will find some common patterns seen in charts that can help you predict where a stock might go next. Are you interest? Keep reading to know more! Technical analysis is one of the quickest ways for an investor in stocks or futures to make money. Investors must become more educated on this type of investment strategy and use them effectively to their advantage. Since the 1940s, technical analysis has been used to predict future stock prices of stocks and commodities. It is also used in the futures markets to help traders decide which instruments and futures contracts they wish to buy or sell. For technical analysis to be successful, the investor must observe certain patterns in a chart of a stock or commodity. Once these patterns are seen, an investor can use them as indicators for making future predictions about where that specific asset might go. Traders often develop their indicators so that they can track the price movements of their stock more accurately. They may even develop special software programs designed for this purpose. There are many different types of trading strategies that an investor can use. One of the most common is technical trading, which involves using indicators to help predict future price movements. This type of strategy aims to use the wealth gained from the sale of a stock or commodity. This book covers: What Is Technical Analysis Basic Concept of Trend Recognizing Breakout The 4 Types of Indicators You Need to Know Continuation Patterns Reversal Patterns 24 Candlestick Patterns That Every Trader Should Know Avoid the Traps Trading Psychology And much more! To become successful in technical analysis, you will need some knowledge about the market itself. You should be able to recognize which patterns are likely to persist and which patterns might be short-lived or seasonal. It would be best if you looked at a chart as often as possible so that you can recognize patterns as they appear. Remember that there is no need to become an expert in technical analysis. The primary purpose is to show where specific patterns can be seen and how they can be used as indicators for future predictions. You can use this information to improve your skills and, as a result, increase your chances for success in technical trading. What are you waiting for? Press the “ BUY NOW ” button to get your copy today! Review: Great for beginners - Great book to understand the basics of technical analysis I recommend this book if you just started trading. Take it as knowledge. Review: The hardest is to start. But the results are so much worth it! - This book includes the most essential information on Technical Analysis although I find it pretty hard to read as for a beginner. There is too much terminology hence I had to do additional research on the internet to understand what the author means. There you will find some basic concepts of trend recognizing breakouts, different types of indicators, continuation patterns, and much more.






| Best Sellers Rank | #643,056 in Books ( See Top 100 in Books ) #166 in Futures Trading (Books) #840 in Investment Analysis & Strategy |
| Customer Reviews | 4.4 out of 5 stars 164 Reviews |
J**A
Great for beginners
Great book to understand the basics of technical analysis I recommend this book if you just started trading. Take it as knowledge.
A**A
The hardest is to start. But the results are so much worth it!
This book includes the most essential information on Technical Analysis although I find it pretty hard to read as for a beginner. There is too much terminology hence I had to do additional research on the internet to understand what the author means. There you will find some basic concepts of trend recognizing breakouts, different types of indicators, continuation patterns, and much more.
C**G
Highly recommended
Highly recommended. I enjoyed every page of this book. Very understandable & helpful for beginner traders.
E**R
Great for true beginners
Simple and practical read. A good start for true beginners, regardless if you call yourself a trader with no real foundation.
T**S
A MUST read for beginner traders …
This book was right up my alley as I used to trade on the foreign exchange. Good, clear explanations of the different charts, and how they are constructed and used. You’ll learn the length of how long short, medium, long-term trends last … and most important: what Support and Resistance is! You’ll also learn what Channels are and how to use stops when price action goes the opposite way! Trendlines are great for helping you discern a true break out from a head fake. The author covers “selling short” which is a concept a lot of folks can’t get their heads around, like how can you make money when the price is going down? Indicators are great, just don’t over use them. That can lead to chart clutter and end up contradicting each other. I love Moving Averages and MACD. If you love geometry, you’ll love the section on Continuation Patterns! From Pennants and Wedges to Triangles and Flags. It’s in here! Once you start seeing these patterns, you’ll see them everywhere (even on my weight loss chart!!!) Let’s not forget how the candlesticks themselves can tell you a lot … the author shares this with you too. IMPORTANT: Discipline. Chris Lori has a book out dealing with this. Face the Trader Within. It was only years later that I understood what he meant. Know your personality. Figure out if you’re comfortable with losses - as we’re all comfy with winning, right? Right! The author goes into this human trading-psychology problem! You’ll learn a bit about brokerages too. Read and follow his “Top 10 Rules” for successful trading. Also, take SPECIAL note on how much (percentage-wise) of your account you should risk on a trade. And for quick reference, he’s included a Glossary. I highly, HIGHLY recommend this book. It WILL help you. Read it through, and then read it again. Then get a dummy account. Then start trading with real money.
G**A
Technical Analysis
The book is written in easy-to-understand language to go over technical analysis. It goes over what is technical analysis, the basic concept of trending, understanding patterns, and more.
K**L
I learned a lot from this book
Last year I decided that I wanted to start investing in the stock market, but like most newbies, I had no idea what I was doing and I made all the classic mistakes. I actually learned a lot from this book that I think will be really helpful going forward. It's filled with graphics and examples to help explain the different concepts, such as identifying trends and how to read candlestick charts. This is great foundational knowledge for anyone who wants to know more about technical analysis for understanding stock charts.
P**E
Super informative, but tough for a beginner
There is SO much information in this book. The author really goes into detail on the various types of trading, how trends work, how to predict them, as well as practical tips for trading. The only downfall is that it's a bit complicated, wordy, and uses lots of jargon and therefore isn't the easiest to comprehend as a beginner. I'd say, if you're already interested in the topic and know a bit about it, this book is perfect!
S**E
Bon livre
Livre très complet, les graphismes sont pas très visibles parfois mais on s y retrouve. Je recommande pour avoir les bases du trading
G**A
All over the place. Not written in order
Is not too bad but at times hard to follow as the charts are black and white and blurry and the book is written chaotically and in a repetitive manner. He even uses the same chart on few pages. Why? It is a shame really because it would be so much better if the book had a structure to follow and also if it was in colour. the QR code isn't working. There is glossary but there is no index so unable to navigate the book easily - another flaw. Also the text is very close to the mid book so you can't read properly unless pull the pages with force. On overall the book feels rushed through when being written; like a draft in fact.
P**A
Perfect item
As described perfect quick delivery highly recommended
O**A
Basic and not structured
I was expecting to get some more information in a good structure. At some pages I forgot that I was reading for technical analysis, because there was a lot of theory about the trading and not so much about the part of the technical analysis. As beginners we need more excersices and direction about the technical analysis rather than reading again and again about the 2% R/R, the role of emotions etc.
G**E
Investment Book
Good book, easy to read for beginner.
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