Average Reviews:
(More customer reviews)This is probably the best book on technical analysis in the market. It takes you through all the indicators and oscillators you ever heard, plus some you may not be aware that exists, it talks about every pattern you know about (head and shoulder, rising wedge, symmetrical triangle, double top, and so on), it also talks about candlestick charting. Not even that but it gives you the percentage of being on the winning side if you use one indicator or the other so you can understand what are the most reliable indicators and oscillators. You will find a chapter in Fibonacci sequence and Elliott's Wave Theory and it will give you an unbiased opinion about their rate of success.
The book it's extremely comprehensive, I found information here that I didn't find in any other book in technical analysis. It's also very long, over 600 pages so it will take you a while to read it and a few good months if not years to experiment with these indicators and apply the information for your day to day trading. I think this book it's a very good investment and I highly recommend it to anybody interested in technical analysis. If you want a "shortcut", if you want to see the opinion of a guy who red and "digested" this book and many others over years I recommend a website you can access for free on internet. I don't think I am allowed to put a link here but you can google "babaro22" and you will be directed to this guy website that gives you amazing buy and sell signals in real time. He's not a day trader, no penny stocks, no individual stocks actually, ETFs only, you'll get a buy or sell signal every 3-8 weeks. I may be biased since I made a killing using his system but I think it's worth giving a try.
Coming back to the book, I give it 5 stars without hesitation but in terms of using the information right away for your trading you are going to be a little bit disappointed since it will take you a while to grasp so much information.
Click Here to see more reviews about: Technical Analysis: The Complete Resource for Financial Market Technicians, Second Edition (2nd Edition)
Already the most complete, reliable, and objective guide to technical analysis, this book has been thoroughly updated to reflect the latest advances. Selected as the official companion to the prestigious Market Technicians Association CMT program, it systematically explains the field's principles and techniques, presenting academic evidence and hundreds of illustrations.
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