"The technician's technician" (Barron's), Martin Pring gives new traders the tools and insight they need to draw greater profits from today's markets
This new edition of Introduction to Technical Analysis explains how to evaluate trends, highs, lows, price/column relationships, price patterns, moving averages, and momentum indicators for a contemporary audience, using fully new, updated charts, diagrams, and examples.
Pring uses his trademark expertise and engaging writing style to simplify concepts for traders. Links to an exclusive downloadable video featuring original content and in-depth explanations of the material is also included.
You'll learn how to:
Research and construct instantly valuable charts of stock and market activity Interpret the basic concepts of momentum, and apply the theory to actual trades through a common sense set of trading strategies Use price and volume pattern to identify breakouts Analyze and act on peaks and troughs that can signal a change in the prevailing trend Calculate moving averages and gauge their impact. Martin J. Pring is the founder of Pring Research and publisher of Intermarket Review, a monthly market review offering a long-term synopsis of the world's major financial markets. Martin pioneered the introduction of videos as an educational tool for technical analysis in 1987, and was the first to introduce educational, interactive CDs in this field.
this is a layman's guide to stock market using technical analysis. It is useful to anyone trying to keep on top of their brokeridge account or 401k which includes ability to trade in individual stocks. The author, Martin pring is a Technical Analysis expert and it shows in discussions on momentum (w.r.t. stock price prediction using current versus prior prices) and volume (somewhat event-driven along with enthusiasm or lack thereof). The book contents should be made into a mandatory course in school in this reader's opinion because it is dealing with a subject near and dear to all working adults finanncial health.
Not an easy read since many charts and requires artihmetic reasoning but it is worth the effort just to understand stock market terminology, trends and indicators.
Basic introduction to many trading concepts and overview this will give a new trader idea about various concepts including chart patterns candlesticks and basic technical analysis however I feel this alone can't be used for trading in market more in-depth knowledge is required on topics given here
Really interesting about fundamentals of technical analysis. The charts really help with understanding the different ways of reading the different charts that traders / investors can utilise when assessing whether to take / sell positions.
I think a second read after my initial first will help me to understand the basics better.
Further study of technical analysis is required for more depth of knowledge.
Not dull at all like regular theoretical books in statistics or finance. The connection to practise and the examples put everything in a context which eases the learning process. The CD-guide is great as well.
I was assigned this book for a class I'm taking. It muddied the waters a bit from what I've already learned but did contain some good info. I'll probably come back for a skim through later on.