{"product_id":"essentials-of-technical-analysis-for-financial-markets-isbn-9780470537299","title":"Essentials of Technical Analysis for Financial Markets","description":"\u003cb\u003eComprehensive, accessible guide to technical analysis and market trading strategies\u003c\/b\u003e  \u003cp\u003e\u003ci\u003eEssentials of Technical Analysis for Financial Markets\u003c\/i\u003e is an all-encompassing handbook on navigating the financial markets successfully using technical analysis. Clearly written, easy-to-understand, and straightforward, this guide focuses on the key information needed by traders and investors to take on any financial market effectively.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eEasy-to-use, at-your-fingertips information on using technical analysis to trade all major financial markets\u003c\/li\u003e \u003cli\u003eExplains how to navigate the markets successfully, including the top techniques for entries, exits, and risk management\u003c\/li\u003e \u003cli\u003eStraightforward descriptions of proven technical trading methods and strategies\u003c\/li\u003e \u003cli\u003eFilled with technical analysis insights, charts, and examples\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eWith financial markets in \"roller coaster\" mode, technical analysis offers a unique advantage for managing risk and finding high-probability trading opportunities. Packed with insightful tips and guidance, \u003ci\u003eEssentials of Technical Analysis for Financial Markets\u003c\/i\u003e provides proven trading strategies from one of today's top technical strategists.\u003c\/p\u003e \u003cp\u003ePreface xiii\u003c\/p\u003e \u003cp\u003eAcknowledgments xvii\u003c\/p\u003e \u003cp\u003e\u003cb\u003e1 Introduction to Technical Analysis: Pursuing Profit in the Financial Markets 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat Is Technical Analysis? 2\u003c\/p\u003e \u003cp\u003eTechnical versus Fundamental 2\u003c\/p\u003e \u003cp\u003eMethods 5\u003c\/p\u003e \u003cp\u003eWhat to Expect 5\u003c\/p\u003e \u003cp\u003eSummary 9\u003c\/p\u003e \u003cp\u003e\u003cb\u003e2 The Story of Technical Analysis: From the Japanese Rice Markets to Dow Theory to Automated Trading 11\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Beginning: Japanese Rice Markets 12\u003c\/p\u003e \u003cp\u003eDow Theory 14\u003c\/p\u003e \u003cp\u003eCharting 17\u003c\/p\u003e \u003cp\u003eElliott Wave 18\u003c\/p\u003e \u003cp\u003eW. D. Gann 20\u003c\/p\u003e \u003cp\u003eIndicators 20\u003c\/p\u003e \u003cp\u003eTrend Followers 22\u003c\/p\u003e \u003cp\u003eMarket Technicians Association 23\u003c\/p\u003e \u003cp\u003eTechnical Analysis Today 23\u003c\/p\u003e \u003cp\u003eSummary 24\u003c\/p\u003e \u003cp\u003e\u003cb\u003e3 The Power of Technical Analysis: Principles of Price Action 27\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction to Price Action Concepts 28\u003c\/p\u003e \u003cp\u003eComponents of Price Action 29\u003c\/p\u003e \u003cp\u003eSummary 32\u003c\/p\u003e \u003cp\u003e\u003cb\u003e4 The Basics of Technical Analysis: Bars, Candlesticks, Lines, and Point and Figure 33 \u003cbr\u003e\u003cbr\u003e\u003c\/b\u003eBars and Candlesticks 34\u003c\/p\u003e \u003cp\u003eLine Charts 37\u003c\/p\u003e \u003cp\u003ePoint-and-Figure Charts 38\u003c\/p\u003e \u003cp\u003eSummary 40\u003c\/p\u003e \u003cp\u003e\u003cb\u003e5 The Heart of Technical Analysis: Uptrends and Downtrends 41\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction to Trend 42\u003c\/p\u003e \u003cp\u003eEffect of Time Frames on Trend Determination 50\u003c\/p\u003e \u003cp\u003eParallel Trend Channels 52\u003c\/p\u003e \u003cp\u003eTrend Lines 54\u003c\/p\u003e \u003cp\u003eSummary 55\u003c\/p\u003e \u003cp\u003e\u003cb\u003e6 The Soul of Technical Analysis: Support and Resistance 57\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction to Support and Resistance 58\u003c\/p\u003e \u003cp\u003eSupport Becomes Resistance Becomes Support 60\u003c\/p\u003e \u003cp\u003eSummary 64\u003c\/p\u003e \u003cp\u003e\u003cb\u003e7 Primary Drawing Tools: Trend Lines, Trend Channels, and Horizontal Support and Resistance 65\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction to Drawing Tools 66\u003c\/p\u003e \u003cp\u003eStatic Support and Resistance 67\u003c\/p\u003e \u003cp\u003eDynamic Support and Resistance 72\u003c\/p\u003e \u003cp\u003eHorizontal Support and Resistance Lines 78\u003c\/p\u003e \u003cp\u003eTrend Lines 81\u003c\/p\u003e \u003cp\u003eParallel Trend Channels 87\u003c\/p\u003e \u003cp\u003eSummary 89\u003c\/p\u003e \u003cp\u003e\u003cb\u003e8 Chart Patterns: Bar Shapes and Candlestick Formations 91\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction to Chart Patterns 91\u003c\/p\u003e \u003cp\u003eContinuation Bar Patterns 93\u003c\/p\u003e \u003cp\u003eReversal Bar Patterns 102\u003c\/p\u003e \u003cp\u003eGaps 106\u003c\/p\u003e \u003cp\u003eCandlestick Patterns 110\u003c\/p\u003e \u003cp\u003eSingle-Candle Patterns 111\u003c\/p\u003e \u003cp\u003eMultiple-Candle Patterns 116\u003c\/p\u003e \u003cp\u003eSummary 118\u003c\/p\u003e \u003cp\u003e\u003cb\u003e9 The World of Moving Averages 119\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction to Moving Averages 119\u003c\/p\u003e \u003cp\u003eMoving Average Crossovers 123\u003c\/p\u003e \u003cp\u003eMoving Averages as Support and Resistance 131\u003c\/p\u003e \u003cp\u003eSummary 134\u003c\/p\u003e \u003cp\u003e\u003cb\u003e10 Key Technical Indicators and Oscillators 135\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction to Indicators and Oscillators 135\u003c\/p\u003e \u003cp\u003eKey Indicators 139\u003c\/p\u003e \u003cp\u003eKey Oscillators 148\u003c\/p\u003e \u003cp\u003eSummary 159\u003c\/p\u003e \u003cp\u003e\u003cb\u003e11 Fibonacci and Elliott Wave 161\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFibonacci Theory and Methods 161\u003c\/p\u003e \u003cp\u003eElliott Wave Theory 170\u003c\/p\u003e \u003cp\u003eSummary 175\u003c\/p\u003e \u003cp\u003e\u003cb\u003e12 Point-and-Figure Charting 177\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction to Point and Figure 177\u003c\/p\u003e \u003cp\u003ePoint-and-Figure Patterns 181\u003c\/p\u003e \u003cp\u003ePoint-and-Figure Price Targets 188\u003c\/p\u003e \u003cp\u003eSummary 190\u003c\/p\u003e \u003cp\u003e\u003cb\u003e13 Volume 193\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction to Volume 193\u003c\/p\u003e \u003cp\u003eOn-Balance Volume 196\u003c\/p\u003e \u003cp\u003eTick Volume 198\u003c\/p\u003e \u003cp\u003eSummary 199\u003c\/p\u003e \u003cp\u003e\u003cb\u003e14 Technical Trading Strategies: Practical Applications 201\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction to Technical Trading Strategies 202\u003c\/p\u003e \u003cp\u003eMoving Average Crossovers 203\u003c\/p\u003e \u003cp\u003eBreakout Trading 212\u003c\/p\u003e \u003cp\u003eTrend Trading 224\u003c\/p\u003e \u003cp\u003eRange Trading 238\u003c\/p\u003e \u003cp\u003ePrice-Oscillator Divergences 244\u003c\/p\u003e \u003cp\u003eOscillator Trading 249\u003c\/p\u003e \u003cp\u003eFibonacci Trading 254\u003c\/p\u003e \u003cp\u003ePositive Expectancy 256\u003c\/p\u003e \u003cp\u003eSummary 258\u003c\/p\u003e \u003cp\u003e\u003cb\u003e15 Risk Control and Money Management 261\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroduction to Risk Control and\u003c\/p\u003e \u003cp\u003eMoney Management 262\u003c\/p\u003e \u003cp\u003eStop-Losses 263\u003c\/p\u003e \u003cp\u003eReward:Risk Ratio 266\u003c\/p\u003e \u003cp\u003eMaximum Allowable Loss 269\u003c\/p\u003e \u003cp\u003eMultiple Fractional Positions 271\u003c\/p\u003e \u003cp\u003eDiversification 273\u003c\/p\u003e \u003cp\u003eSummary 273\u003c\/p\u003e \u003cp\u003eIndex 277\u003c\/p\u003e \u003cb\u003eJAMES CHEN, CTA, CMT\u003c\/b\u003e, is Chief Technical Strategist at FX Solutions, a global leader in foreign exchange trading. An expert on technical analysis and financial market trading, he is also a registered Commodity Trading Advisor (CTA) and a Chartered Market Technician (CMT). Mr. Chen contributes daily and intraday technical analysis to key financial media, is a frequent speaker at trading seminars, and has authored numerous articles on trading strategies and technical analysis in major financial publications. His previous book, \u003ci\u003eEssentials of Foreign Exchange Trading\u003c\/i\u003e (Wiley), has become an industry-standard guide for currency traders.  \u003cb\u003ePraise for \u003ci\u003eEssentials of Technical Analysis for Financial Markets\u003c\/i\u003e\u003c\/b\u003e  \u003cp\u003e\"A serious, workmanlike book, a terrific introduction to technical analysis. Chen offers beginners a clear sample of methods and techniques from which a reader may choose in what to specialize.\"\u003cbr\u003e —\u003cb\u003eDr. Alexander Elder\u003c\/b\u003e, www.SpikeTrade.com, author of \u003ci\u003eTrading for a Living\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\"Wiley's \u003ci\u003eEssentials Series\u003c\/i\u003e promises need-to-have fundamentals for professionals. With James Chen's new book, it now delivers some need-to-have technicals as well.\"\u003cbr\u003e —\u003cb\u003eRobert Prechter, Jr.\u003c\/b\u003e, founder\/President of Elliott Wave International, Publisher of \u003ci\u003eThe Elliott Wave Theorist\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\"Trend trading technical analysis is the most important lesson for all investors and Essentials of Technical Analysis for Financial Markets is a great start. If you choose to ignore technical analysis, I guarantee a lifetime of very difficult money-making.\"\u003cbr\u003e —\u003cb\u003eMichael Covel\u003c\/b\u003e, author of \u003ci\u003eTrend Following\u003c\/i\u003e and The \u003cb\u003eComplete TurtleTrader\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eThink of this as financial market technical analysis 101\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eA valuable resource for traders at all skill levels, \u003ci\u003eEssentials of Technical Analysis for Financial Markets\u003c\/i\u003e equips you with the knowledge you need to analyze any major financial market.\u003c\/p\u003e \u003cp\u003eThis accessible guide to the art and science of technical analysis points you to a wealth of essential methods for identifying potentially high-probability trading opportunities. Focusing on the key information you'll need as a trader or investor, author and leading technical strategist James Chen helps you take on any financial market effectively, manage risk, and target profitability.\u003c\/p\u003e \u003cp\u003eTake a look inside this indispensable book for world-class guidance on:\u003c\/p\u003e \u003cul\u003e \u003cli\u003e \u003cp\u003eHow you can pursue profit in the financial markets using technical analysis\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003ePrinciples of price action analysis and trading\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eCharts—including bars, candlesticks, and point and figure\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eThe key concept of trend\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eSupport and resistance\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eMaking the most of financial drawing tools, chart patterns, indicators, and other essential elements of technical analysis\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eTop technical trading strategies, risk control techniques, and money management concepts\u003c\/p\u003e \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eNeed the ultimate quick-start guide to technical analysis in the financial markets? \u003ci\u003eEssentials of Technical Analysis for Financial Markets\u003c\/i\u003e explains it all in a way that helps you hit the ground running and take your financial destiny into your own hands.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eDiscover how technical analysis can dramatically improve your potential for success in trading and investing\u003c\/li\u003e \u003cli\u003eUnderstand the essential tools and methods of technical analysis to trade in any major financial market, including stocks, bonds, futures, and forex\u003c\/li\u003e \u003cli\u003eExplore the specific strategies technical traders use to make trading decisions and stack the odds in their own favor\u003c\/li\u003e \u003c\/ul\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989163720933,"sku":"NP9780470537299","price":45.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470537299.jpg?v=1761783049","url":"https:\/\/k12savings.com\/products\/essentials-of-technical-analysis-for-financial-markets-isbn-9780470537299","provider":"K12savings","version":"1.0","type":"link"}