Technical Analysis Tools

Technical analysis - the use of price and volume to predict future price movements - is a vital tool for trading effectiveness, but it is not a magic bullet. Technical Analysis Tools shows how to use the best of many different analysis methods in order to create a complete trading system.

As a successful trader, you know how to use the best of the many different analysis methods available to create a complete trading system. You also know that technical analysis - the assessment of price and volume factors to predict future price movements - is widely seen as a vital tool for trading success, but it is not a universal cure-all in the search for the best trading results.

Technical Analysis Tools provides you with a concise and objective assessment of the most widely-used analytical tools. Emphasizing the practical, and supporting each technique with a plethora of real-market examples, the book details each technique's strengths and weaknesses, as well as which tool works best in which type of market. The author clearly explains how to integrate each technical analysis tool into an overall effective trading system. As a result, you will receive a critical look at the wide variety of technical analysis tools and understand how best to use them for greater trading success.

BOOK DETAILS : CONTENTS INCLUDE :

Approaches to market analysis;

Fundamentals - navigating the labyrinth;

Chart patterns - landscape of the market;

Alternative charting techniques;

Indicator soup - not-so-secret recipes;

The market as a wave phenomenon;

Leveraging derivatives;

Finessing the risk factor with spreads;

The new metric;

A cyclical model of the markets;

Back testing and planning trading strategies;

Mental discipline and risk management