Technical Analysis Explained

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