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Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications

Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications

List Price: $80.00
Your Price: $50.40
Product Info Reviews

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Rating: 4 stars
Summary: Not a real intro-book but still pretty good for beginners.
Review: The language used in this book A-ok. Also, Murphy knows how to teach you something instead of just telling you some vague rules now and then.
I'm new to TA and start to feel far more confident now after reading this book. If all the information out there (of which 98% is crap) discourages you, you need to buy this book along with some Tharp-books and a book that covers the more practical side of stock selling. Some simple things, if I remember well, are not really explained , such as the short selling principle.

One small thing, luckily as a business economist I know most market principles and easily recognise them, while murphy assumes a bit everyone is educated in economic laws.
You might prefer another intro-book along with it.

A detail, it's font is quite big en that's something I like, it gives me the idea I'm not reading one of those old small font yellow papered books that ruin your eyes, you know?
In short: worth the money.

Rating: 5 stars
Summary: super
Review: This a very good book for those who really want to know something about how to analyze and pick a stock.

Rating: 5 stars
Summary: The Bible of Technical Analysis
Review: This book has been widely regarded as the bible of technical analysis. I started picking up my knowledge on technical analysis by reading this book.

Rich content and wide in coverage. Besides the classical technical method, Murphy also covers quantitative methods, Elliot Wave and Gann. But htis is not all, money management is also included in this book.

A definite must for the library of any trader.

Rating: 5 stars
Summary: A classic
Review: This book is a classic. A good reference. This book explain everything you need to know about technical analysis.

Rating: 5 stars
Summary: A very good book for a beginner in techincal analysis
Review: This book is excellent and I woul recommend it to anyone willing to learn about tech analysis, especially if you are complete new to this subject.

If you are no novice to this subject. It still can be a good thing to read this book and see what the writers view on technical analysis is and how he uses it to help him make right decisions.

Language used in this book is very easy so even if your English is not perfect you still can understand what the writer is saying.

In this book you will also find a recomendation list of books that specifies only on one technical analysis, for example a book about Point and Figure Chart. This is very helpful if you want to go deeper in to the subject of your interest.

Conclusion I give this book 5 stars because it gives you a good explanation how tech analysis works in understandable English.

Rating: 5 stars
Summary: The Consumate Technical Analysis Publication
Review: This book is ideal for the serious investor who is interested in gaining an edge through technical analysis. John J. Murphy lays out all the elements of technical analysis in an easy-to-read and logical manner. Trend analysis, chart formation patterns, Dow Theory and a host of other technical tools are examined and explained in simple terms. While the book may be a bit of a dry read, the information contained within it will be invaluable when it comes time for investors to structure their trades.

Rating: 5 stars
Summary: I'll make this short
Review: This book should be used as a reference for every investor. It covers pretty much all the technical indicators in a clear straight forward way. I constantly refer back to this book when using charts to research stocks. The book is well written and easy to understand, it's over 500 pages of solid information no BS. If I could only buy 2 books about investing I would definitely buy this one for technical indicators and another one about psychology of trading.

Rating: 5 stars
Summary: THE Technical Analysis book to own.
Review: This book taught me from the absolute basics how to get tons of useful information out of a chart. Several tools are detailed chapter by chapter, and each one can prove very profitable for any trader. Reading this has taken me from relying on fundamentals to being a candidate for Chartered Market Technician (CMT). Mr. Murphy even introduces important concepts about which there are whole books written, such as Japanese Candlesticks and Intermarket Analysis. If you buy only one book on market technical analysis, make it this one.

Rating: 5 stars
Summary: great book on the basics of technical analysis
Review: This books details the basics of technical analysis fairly well. It focuses on chart patterns fairly extensively, but also deals with numerical methods, and other methods some basic books dont cover (point and figure and elliot wave, specifically). The coverage in any one area is not exhaustive, but it is reasonable.

There is some criticism that the question of 'does technical analysis work' is not answered. This is true, and i'm thankful for it; rehashing age old arguments isn't fit for a book of this nature. Most of the evidence suggests technically based methods are about the same as market returns -- but with significantly less volatility. That is, on a risk adjusted basis, they outperform.

This is a recommended book to start your learning process. Not all of it is good, and it should not be taken on face value, but a basic understanding of TA can be very useful. I'd read this after you read a Tharp or Elder, as Murphy does not deal too extensively with risk management, except in very general ways near the end of the book.

Rating: 5 stars
Summary: Excellent book on technical analysis
Review: This is a great book on technical analysis. The fundamentals are all here from pattern recognition to indicators. TA is essential anyone who wants better entries and exits on stocks and other financial instruments. This is the building block to using trading strategies to win in both bull and bear markets. For actually trading strategies, I recommend Dave Landry on Swing Trading or Street Smarts, but this book is the perfect start.


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