Essential Technical Analysis: Tools and Techniques to Spot Market Trends By Leigh Stevens

Essential Technical Analysis will give the new student of technical analysis a good overview of both classical chart patterns and a myriad of technical indicators, but so will many other texts. What sets this volume apart is that it presents the subject in the context of real-world trading situations, not idealized well-chosen examples. Books on technical analysis, especially those aimed at novices, are typically filled with charts in which the selected patterns are both unambiguous and work perfectly. As Leigh Stevens recognizes and confronts, however, the real world is a far more sloppy place: charts may often contain conflicting indicators, and patterns don’t always work as described. Reading Essential Technical Analysis is like sitting beside a veteran technical analyst and having him describe his methods and market experiences.

Introduction:

The discipline of technical analysis hearing the message of the market through price movements is a valuable tool for making profitable trading and investing decisions. Once you understand the concepts and techniques of technical analysis, your view of the market and how you trade or invest within it will be forever changed.

Essential Technical Analysis: Tools and Techniques to Spot Market Trends is a simple, accessible, and straightforward introduction to technical analysis. Whether you’re a short-term trader or die-hard investor, respected technical analyst and CNBC affiliate Leigh Stevens will show you how to use this popular stock, bond, and futures trading technique to make money in both up and down markets.

Essential Technical Analysis demystifies technical analysis for the beginner. You’ll become familiar with basics such as trends, chart patterns, and price and volume indicators, and you’ll learn how to put them all together so you can begin to consistently lock in profits. Numerous examples, based primarily on stocks, and clear explanations provide a solid framework for using technical analysis to better understand the dynamics of market movements and trends.

In Essential Technical Analysis, Leigh Stevens’s real-world experiences using technical analysis shine through and fill these pages with useful tips, tools, and techniques that have been consistently accurate and profitable over the years.

In-depth coverage includes:

• An introduction to and rationale for the technical analysis approach
• A discussion of the basic concepts of technical analysis: trends, trendlines, and trading
• Price and volume basics: chart types and price scales
• A description of the most common technical indicators moving averages and oscillators
• A guide to creating a market strategy with confirmation and divergences
• Specialized forms of technical analysis and trading methods seasonality in the markets, basic market concepts of W. D. Gann, Elliott Wave analysis, and trading systems

The goal of Essential Technical Analysis is to provide you with the most useful and practical techniques that could increase the profitability of your investing and trading activities. With this comprehensive guide at your side, you’ll learn how to use technical analysis and begin to make informed and accurate decisions that will boost your trades and investments in any market.

Essential Technical Analysis: Tools and Techniques to Spot Market Trends By Leigh Stevens PDF