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Charting And Technical Analysis Fred Mcallen: A Must-Read Book for Anyone Interested in Trading or I



This is the definitive book for learning technical analysis. Over 400 charts to cover the most commonly used technical indicators. The author presents the different aspects of the markets in a simple and rational way using diagrams and charts. This is the book recommended by professionals. If you only have one book in your library, this is it!


A very good book to recommend to the beginner, it demystifies trading by cutting through the preconceived notions. Provides a simple and intuitive understanding of how to read the charts. The book is concise and to the point. It jumps right in to a ton of technical info. Clearly explains candlestick charting and the various technical indicators that are the most popular amongst traders.




Charting And Technical Analysis Fred Mcallen



If you are already familiar with technical analysis, then you should check out this book by author Charles G. Koonitz, a specialist in the powerful Ichimoku Cloud indicator, who describes innovative strategies with the help of color charts and tables. The book remains easy to understand thanks to the numerous examples.


Making money in the stock market is no mean feat. Any novice trader knows the perils of finding a method that has stood the test of time. And while no holy grail may exist, technical analysis has a lot to offer.


The topic is so vast that it is hard to know where to begin, which is why we compiled a list of the best technical analysis books to help you accelerate your quest to identify a trading strategy that works well for you.


John Murphy is one of the most renowned technical analysts. He has appeared on Bloomberg, CNBC, and CNN as well as many other financial TV shows, and is the face of StockCharts.com, a financial information site featuring technical analysis tools.


To invest successfully or trade in Stocks, Options, Forex, or even Mutual Funds, it is imperative to know AND understand price and market movements that can only be learned from Technical Analysis. You should NEVER attempt Trading or Investing without it! My 25 years experience has taught me that 'every book on the market' regarding Charting and Technical Analysis is seemingly worthless. All seem to find yet another creative way to tell you to "Buy Low and Sell High." And they offer NO in-depth understanding or analysis about WHO is buying and WHO is selling, and when. Point is, anyone, experienced or not, can show you a picture of a Chart and tell you to buy at the bottom and sell at the top. That is simple 'hindsight, ' and is always 20/20. This book is different! It is IN-DEPTH - EXPLAINED and you WILL learn price movements and technical analysis from this information! You will understand and recognize tops and bottoms in the market and in particular stocks, AS they are forming. This is highly valuable information, and you should NEVER attempt to trade or invest without this knowledge. Mutual Funds? Most people think they do not need this information because the have a Mutual Fund. That could not be farther from the truth. Investing your hard-earned money should be done with your own knowledge of market direction, when to buy, and when to move your money to safety. Without this knowledge you are at the mercy of a salesperson hungry to earn a commission. Thus, invariably entering the market at the wrong time and in the wrong investment. No one else has your best interest in mind. So learn to protect your money or keep it in the bank. It's that simple. The next move is yours.


As the popularity of Bitcoin and other cryptocurrencies grows, so does the number of traders in the crypto market. Cryptocurrencies' high volatility allows traders to make good money on price fluctuations, but relying solely on luck or intuition in trading is a bad idea. A trader needs to analyse the market constantly. Fortunately, there are several methods of market analysis available today. One of these methods is cryptocurrency technical analysis.


Technical analysis is a method to determine how and when to trade an asset and to predict its possible price movements through the study of past market data. Unlike fundamental analysis, technical analysis does not try to determine an asset's 'true price'. Instead, it relies on the history of the asset's price movements.


Trading volume plays a major role in the technical analysis of cryptocurrency and other assets. Volume is the number of coins traded in a chosen timeframe. It's often shown as a row of columns along the bottom of a price chart. The height of these columns serves as a visual identifier of the volume. Volume indicates just how serious a trend is. Stronger trends are accompanied by higher trading volume and vice versa.


Although cryptocurrency exchanges usually provide their users with some set of technical analysis tools, they can't compete with those from specialised platforms in terms of their convenience, versatility and power. 2ff7e9595c


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