The Art & Science of Technical Analysis: Market Structure, Price Action & Trading Strategies

Front Cover
Wiley, May 6, 2012 - Business & Economics - 480 pages
0 Reviews
A breakthrough trading book that provides powerful insights onprofitable technical patterns and strategies

The Art and Science of Technical Analysis is agroundbreaking work that bridges the gaps between the academic viewof markets, technical analysis, and profitable trading. The bookexplores why randomness prevails in markets most, but not all, ofthe time and how technical analysis can be used to capturestatistically validated patterns in certain types of marketconditions. The belief of the book is that buying and sellingpressure causes patterns in prices, but that these technicalpatterns are only effective in the presence of true buying/sellingimbalance.

The Art and Science of Technical Analysis is supported byextensive statistical analysis of the markets, which will debunksome tools and patterns such as Fibonacci analysis, and endorseother tools and trade setups. In addition, this reliable resourcediscusses trader psychology and trader learning curves based on theauthor's extensive experience as a trader and trainer oftraders.

  • Offers serious traders a way to think about market problems,understand their own performance, and help find a more productivepath forward
  • Includes extensive research to validate specific money-makingpatterns and strategies
  • Written by an experienced market practitioner who has trainedand worked with many top traders

Filled with in-depth insights and practical advice, The Artand Science of Technical Analysis will give you a realisticsense of how markets behave, when and how technical analysis works,and what it really takes to trade successfully.

What people are saying - Write a review

We haven't found any reviews in the usual places.

About the author (2012)

ADAM GRIMES is the CIO of Waverly Advisors, an assetmanagement and risk advisory firm headquartered in New York. Hebegan his career as an independent trader focused on agriculturaland currency futures, and moved on to manage a successful privateinvestment partnership. Grimes's experience as a trader coversfutures, equities, currencies, and derivatives, in time framesranging from intraday to multi-month swings. Though he is primarilya discretionary swing trader, his methodology rests on a firmfoundation of statistical and quantitative research. Grimes holdsan MBA with an emphasis in finance and market microstructure, andhas worked for a number of private investment firms, as well ashaving spent several years at the New York Mercantile Exchange.

Bibliographic information