Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications

Portada
Penguin, 1999 - 542 páginas
This outstanding reference has already taught thousands of traders the concepts of technical analysis and their application in the futures and stock markets. Covering the latest developments in computer technology, technical tools, and indicators, the second edition features new material on candlestick charting, intermarket relationships, stocks and stock rotation, plus state-of-the-art examples and figures. From how to read charts to understanding indicators and the crucial role technical analysis plays in investing, readers gain a thorough and accessible overview of the field of technical analysis, with a special emphasis on futures markets. Revised and expanded for the demands of today's financial world, this book is essential reading for anyone interested in tracking and analyzing market behavior.

Dentro del libro

Comentarios de la gente - Escribir un comentario

Review: Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications

Crítica de los usuarios  - Ahmed Zaki - Goodreads

GREAT Leer comentario completo

Contenido

Philosophy or Rationale
2
Flexibility and Adaptability of Technical
7
Less Reliance on Market Averages and Indicators
14
Universal Principles
21
The Use of Closing Prices and the Presence
30
Chart Construction
35
Volume
41
Basic Concepts of Trend
49
Box Reversal Point and Figure Charting
277
Measuring Techniques
286
PF Technical Indicators
292
Basic Candlesticks
299
Filtered Candle Patterns
306
Elliott Wave Theory 3 19
319
Connection Between Elliott Wave and
324
The Rule of Alternation
331

Support and Resistance
55
Trendlines
65
The Fan Principle
74
The Channel Line
80
Speed Resistance Lines
87
Price Gaps
94
Price Patterns
100
The Importance of Volume
107
Complex Head and Shoulders
113
Variations from the Ideal Pattern
121
Conclusion
128
Continuation Patterns
129
The Ascending Triangle
136
The Wedge Formation
146
The Continuation Head and Shoulders Pattern
153
Interpretation of Volume for All Markets
162
Interpretation of Open Interest in Futures
169
Summary of Volume and Open Interest Rules
174
Long Term Charts
181
Long Term Charts Not Intended for Trading
188
Moving Averages
195
Moving Average Envelopes
207
Moving Averages Applied to Long Term
213
To Optimize or Not
220
Oscillator Usage in Conjunction with Trend
226
Measuring Rate of Change ROC
234
Using the 70 and 30 Lines to Generate Signals
245
The Importance of Trend
251
The Principle of Contrary Opinion in Futures
261
Construction of the Intraday Point and Figure
270
Fibonacci Time Targets
338
Cycles
344
How Cyclic Concepts Help Explain Charting
355
Combining Cycle Lengths
361
Seasonal Cycles
369
Cycle Reading and Software
375
Welles Wilders Parabolic and Directional Movement
381
Pros and Cons of System Trading
387
Money Management and Trading
393
Money Management
394
Trading Tactics
400
The Use of Intraday Pivot Points
407
The Link Between Commodities and the Dollar
419
Stock Sectors and Industry Groups
420
Relative Strength and Individual Stocks
426
Stock Market Indicators
433
McClellan Summation Index
439
Upside Versus Downside Volume
443
Comparing Market Averages
449
How to Coordinate Technical and Fundamental
455
Advanced Technical Indicators
463
Starc Bands and Keltner Channels
469
Market profile
475
Range Development and Profile Patterns
484
Conclusion
490
Turn Your Idea into a Set of Objective
497
Continuous Futures Contracts
505
Selected Bibliography
523
343
540
Derechos de autor

Otras ediciones - Ver todas

Términos y frases comunes

Acerca del autor (1999)

John J. Murphy is a former technical analyst for CNBC and director of Merrill Lynch's Technical Analysis Futures Division. He is the author of The Visual Investor and Intermarket Technical Analysis.

Información bibliográfica