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

ISBN: 0735200661
ISBN 13: 9780735200661
By: John J. Murphy

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Business Currently Reading Favorites Finance Investing Investment Non Fiction Technical Analysis To Read Trading

About this book

This outstanding reference has already taught thousands of traders the concepts of technical analysis and their application in the futures and stock markets. Covering the latest developments in computer technology, technical tools, and indicators, the second edition features new material on candlestick charting, intermarket relationships, stocks and stock rotation, plus state-of-the-art examples and figures. From how to read charts to understanding indicators and the crucial role technical analysis plays in investing, readers gain a thorough and accessible overview of the field of technical analysis, with a special emphasis on futures markets. Revised and expanded for the demands of today's financial world, this book is essential reading for anyone interested in tracking and analyzing market behavior.

Reader's Thoughts

Peter

A classic of Technical Analysis. The basic concepts are timeless, so if you want to learn the basics of TA, this book will help you get some general knowdlege of the subject.Some indicator/oscilators proposed,money management and actual trading tips are sometimes outdated, but you can get the general concept here and start working your way up.A great rookie book, with all the basics you need to cover. Mind you, this book should be only used as an introduction to TA and trading, and you should by all means, look for more material of each of the subjects presented in this book. You will find countless books that will help you. Use this book as a basic starting point.

Michael

Fine if you enjoy reading complicated encyclopedias. I keep it around for reference but after having read it multiple times for some exams I don't use it much. The material becomes common sense if you are active in charting financial markets such as equities, derivatives etc. Hardly the "key" to making money of course. Much better than Pring and McGee's works.

Linda

This is a very good overview of basic technical analysis. It's 15 years old so some of the computer stuff is out of date but the analysis part is fairly timeless.Murphy is, remarkably for the subject, not too dry and does a good job of explaining things. Where the book falls short (and where most books like this do in my opinion, is that it cherry picks its examples and doesn't show much of the cases where the analysis fails or where it can be misapplied.Even so, worth reading.

Neven Zubak

This book should be the bible for traders who are just getting there feet wet and then used as a reference later.

Abdulaziz

i read this book when i was preparing to take the CTA exam. great book and definitely the best reference when it comes to technical analysis.

Jonas Helbert

Great read.

Alvin Lim

This outstanding reference has already taught thousands of traders the concepts of technical analysis and their application in the futures and stock markets. Covering the latest developments in computer technology, technical tools, and indicators, the second edition features new material on candlestick charting, intermarket relationships, stocks and stock rotation, plus st

Gourang Shah

This book give's a view on how technical chart's work. How a market is bound to turn with certain head's turning on the chart's. A must read book

Chris528735

I was looking for a book that would give me a solid foundation in technical analysis and after having read it I now understand why it is a classic. Murphy explains in depth charting, trends, patterns, and indicators. This is to be expected in a tome on technical analysis but what set this book apart for me were the sections on money management, trading tactics, and intermarket relationships.

Kardaya Rooprai

Great content that provides the basic foundations of technical analysis of the financial markets and a good grounding for those who are new to technical analysis. The book is written well and keeps the information simple.The book is one of the core readings for the STA diploma qualification.

Ron Davis

This is a solid introduction to technical analysis. Jack Schwager and Martin Pring have written good basic TA books that I have also read. The grandfather of all is Edwards and Magee, a new edition of which has been edited by WHC Bassetti. Edwards and Magee should be read in addition to one of the three authors above -- OR -- a more recent book (that I haven't read) by the notable duo, Kirkpatrick & Dahlquist.

Zachariah

For being the "bible" of technical analysis, I was a bit surprised and disappointed how basic it was, not super basic, but there wasn't much new or more depth that I hadn't already gathered from other sources.

Jackey

Some techs may be outdated, but may be a good guide for the statistical forecast.

Teddee

Read through p375

David Robins

Almost complete overlap with Technical Analysis (Kirkpatrick, Dahlquist) (but lacks their statistical rigor).

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