Synopsis:

Technical Analysis Explained, 4th Edition, is today's best resource for making smarter, more informed investment decisions. This straight-talking guidebook details how individual investors can forecast price movements with the same accuracy as Wall Street's most highly paid professionals, and provides all the information you will need to both understand and implement the time-honored, profit-driven tools of technical analysis.

Jacket Description:

Technical Analysis Explained, 4th Edition, is today's best resource for making smarter, more informed investment decisions. This straight-talking guidebook details how individual investors can forecast price movements with the same accuracy as Wall Street's most highly paid professionals, and provides all the information you will need to both understand and implement the time-honored, profit-driven tools of technical analysis.

Completely revised and updates for the technologies and trading styles of 21st century markets, it features:

Technical indicators to predict and profit from regularly occurring market turning points

Psychological strategies for intuitively knowing where investors will seek profits and arriving there first!

Methods to increase your forecasting accuracy, using today's most advanced trading techniques

Table of Contents:

Part 1 Trend-Determining Techniques
The Market Cycle Model
Financial Markets and the Business Cycle
Dow Theory
Typical Parameters for Intermediate Trends
Price Patterns
Smaller Price Patterns
One and Two Bar Price Patterns
Trend lines
Moving Averages
Momentum Principles
Individual Momentum Indicators I
Individual Momentum Indicators II
Candle Charts
Point and Figure Charting

Part 2. Market Structure
The Major Averages
Group Rotation
Long-Term Cycles
Practical Identification
Volume: General Principles
Breadth

Part 3. Other Aspects of Market Behavior
Why Interest Rates Affect the Stock Market
Sentiment Indicators
Applying Technical Analysis to the Theory of Contrary Opinion
Checkpoints for Identifying Primary Stock Market Peaks and Troughs
Automated Trading Systems
Technical Analysis of Global Stock Markets