Fortitudo et Honor
Trading Experience: Advanced
Favorite Instrument: Futures
Posts: 882 since Mar 2011
Thanks: 128 given,
Book Review: "Complete Idiot's Guide to Technical Analysis"
I posted here, because I really wasn't sure where it would be appropriate.
Firstly, I'm not a publisher or a vendor and have no stake/interest in the success or failure of this book (or any other book for that matter).
I found the book to be highly useful as a reference tool for brushing up on concepts that you may already know and very concise/get to the point and insightful for topics that may be new.
It's laid out VERY well, and very effectively and simply illustrates the concepts quickly and easily.
It covers a ton of topics we discuss on futures.io (formerly BMT).....candlestick charting, volume analysis, swing charts and channels, spread charts, double tops, heads/shoulders, reversal patterns, support, resistance, gaps and flags/pennants, cup with handles, trendlines, trend channels, pullbacks, Donchian channels, moving averages, oscillators (MACD, Stochastic, Williams, RSI, etc), pivots, convergence/divergence, point-figure charts, price movement, breakouts and breakdowns, Fibonacci Ratios, Jackson lines (which are similar to Murray Math lines), etc, etc, etc.
It's a great reference book for intermediate to advanced traders and an awesome book for those just getting started. I find it much easier to pull the book out than to surf through the internet to get started on concepts like triangle analysis and such.
Anyway, I bought the book at Barnes/Noble for $22 (I was picking up another book), but you can probably find it cheaper online somewhere.
For what it's worth....