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Topic: Technical Anaylsis from a beginner for dummies, lol (Read 2041 times)

sr. member
Activity: 910
Merit: 371
Technical Analysis Using Multiple Timeframes -the best trading book I have ever read, teaches you how to read price and profit from it
http://www.amazon.com/Technical-Analysis-Using-Multiple-Timeframes/dp/1598795805/ref=sr_1_1?s=books&ie=UTF8&qid=1327110006&sr=1-1

Do you have this book in PDF?

Upd: I've found http://booksee.org/book/1168894
full member
Activity: 193
Merit: 100
sr. member
Activity: 409
Merit: 250
Lol yes, technical excellence!
full member
Activity: 193
Merit: 100
sr. member
Activity: 409
Merit: 250
thanks for the link to that TA book! been meaning to find something like this for a while

Cool, sure thing man!

That book is brilliant in that it is an academic work in a field in which academics typically frown down upon.  It is basically one of the best books in the field.  I use it as a desktop reference.  Also, it's one of the required readings for the Charted Market Technician exam (a recognized certification in the field).  A complete list as well as technical analysis topics can be found here:

http://www.mta.org/eweb/DynamicPage.aspx?webcode=cmt-recommended-reading

If you are wanting to be a good trader though, a technical analysis book will only go so far.  Studying technical analysis is kind of like studying how to carve.  It teaches you the methods and the ways of going about it, but without a system/strategy/plan, it's just an academic exercise.

If you want to be a good trader, I suggest reading the following books, each of which is written by a successful trader:

High Probability Trading - this will give you a reality check and help you build a system
http://www.amazon.com/High-Probability-trading-Marcel-Link/dp/0071381562/ref=sr_1_1?ie=UTF8&qid=1327109958&sr=8-1

Technical Analysis Using Multiple Timeframes -the best trading book I have ever read, teaches you how to read price and profit from it
http://www.amazon.com/Technical-Analysis-Using-Multiple-Timeframes/dp/1598795805/ref=sr_1_1?s=books&ie=UTF8&qid=1327110006&sr=1-1
newbie
Activity: 8
Merit: 0
thanks for the link to that TA book! been meaning to find something like this for a while
sr. member
Activity: 409
Merit: 250
Howdy!

Technical analysis - controversial topic.  Some believe in it, some don't.  Academic studies have shown that straight up automated technical analysis doesn't radically out-perform the market.

I'd suggest that if anyone wants to learn about it, they check this book out:

http://www.amazon.com/Technical-Analysis-Complete-Financial-Technicians/dp/0137059442/ref=sr_1_1?ie=UTF8&qid=1327094751&sr=8-1

If you're really interested, that is a great book for learning.
legendary
Activity: 1834
Merit: 1019
"It's a bull market, you know" Smiley
full member
Activity: 193
Merit: 100
full member
Activity: 193
Merit: 100
member
Activity: 94
Merit: 10
Pics are not showing
full member
Activity: 193
Merit: 100
full member
Activity: 193
Merit: 100
full member
Activity: 193
Merit: 100
full member
Activity: 193
Merit: 100
full member
Activity: 193
Merit: 100
full member
Activity: 193
Merit: 100
full member
Activity: 193
Merit: 100
sr. member
Activity: 308
Merit: 250
At first I thought these pictures were a parody of all the tech analysis images posted in speculation.

I had a good laugh before realizing you also believe in it.  Oh well, still funny.
legendary
Activity: 1512
Merit: 1036
I started out trading by buying low and selling high. And guessing. It doesnt work very well.
It works better than buying high and selling low!

Bitcoin doesn't have a predictable market, it is too thin and volatile, voodoo charts don't work on it. One person can drop the market 10% in a minute because they need money to buy a car, and in 10 minutes more, the people that got zhoutonged betting that wouldn't happen push it down another 10%.
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