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