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How Technical Analysis Works (New York Institute of Finance)

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Since the early 1960s, the number of different investment instruments has multiplied. Currencies now float, and interest rates can fluctuate sharply. Money moves around the globe easily and around the clock. We don't wait for chart books to come in the mail; we don't even have the patience to download a file from the Internet. Thousands of people are using technical analysis in some form, but most likely without a good framework in the basics, without a true understanding of what they are doing.

How Technical Analysis Works offers a tested approach to technical analysis. The book is organized in an order that builds comprehension and skills in a logical way to make it easy to understand the subject. It provides investors, traders, and students with a good first book on technical analysis prepared for the twenty-first century.

Regardless of your level of experience and investment knowledge, this is a book you will keep and refer to for years to come. How Technical Analysis Works is the one book that tells you what is important, the book that shows you how technical analysis can be a timing tool, a selection tool, and, most important, a risk management tool.

ISBN-13: 9781635618280

Media Type: Paperback

Publisher: Echo Point Books & Media

Publication Date: 02-15-2019

Pages: 306

Product Dimensions: 6.00(w) x 9.00(h) x 0.64(d)

Table of Contents

Contents

Acknowledgments ... v

Foreword ... xvii

Introduction ... xix

1 HISTORY AND BACKGROUND ... 1

2 HOW TECHNICAL ANALYSIS DIFFERS FROM FUNDAMENTAL ANALYSIS ... 9

3 THE ROLE OF CHARTS IN TECHNICAL ANALYSIS ... 17

4 KEEP YOUR EYE ON THE TREND ... 45

5 THE KEY BUILDING BLOCKS OF SUPPORT AND RESISTANCE ... 65

6 PATTERNS TO PROFIT BY ... 83

7 REVERSALS CAN KEEP YOU ON YOUR TOES ... 109

8 CONSOLIDATIONS ARE GREAT ENTRY POINTS ... 125

9 GAPS: WHAT'S NOT THERE IS WHAT'S IMPORTANT ... 149

10 DRAW YOUR OWN TREND LINES AND CHANNELS ... 159

11 MOVING AVERAGES SMOOTH THINGS OUT ... 169

12 USING RELATIVE STRENGTH FOR SELECTION ... 187

13 GETTING CONFIRMATION WITH VOLUME ... 193

14 THE UPS AND DOWNS OF OSCILLATORS ... 207

15 WHAT'S SO SPECIAL ABOUT RSI? ... 221

16 STOCHASTICS ... 231

17 A FEW LOGICAL INDICATORS TO FOLLOW ... 241

18 OVERCOMING THE PITFALLS: REAL-WORLD TECHNICAL ANALYSIS ... 257

19 PUTTING IT ALL TOGETHER: CASE STUDIES ... 265

DIRECTORY ... 275

INDEX ... 277