Short description
This book was originally published by Prentice Hall and New York Institute of Finance as Technical Analysis Applications in the Global Currency Markets. The first edition came out in 1997, the second edition in 2000.
Long description
This book was originally published by Prentice Hall and New York Institute of Finance as Technical Analysis Applications in the Global Currency Markets. The first edition came out in 1997, the second edition in 2000. It appears that PH and NYIF wanted to capitalize on the success of the earlier Trading in the Global Currency Markets. While the first edition was somewhat successful for its price (3,161 at USD69.95 for about USD110,000 in revenue), the second edition was put out of print because Prentice Hall is shutting down some of its operations. The rights to this book have reverted to the author. The original book was too narrow in its focus, looking at only technical analysis applications in currency markets. We propose to expand this focus to cover all markets: stock, futures, bonds, and currencies. Every chapter in the book will be completely revised to reflect this change in focus. Two new chapters - on trend analysis and trading in bull, bear, or sideways markets - will be added. Technical Analysis Applications will be comprehensive yet easy-to-read book. It will be extremely practical, allowing readers to easily apply technical analysis to a variety of market situations. The book explains and illustrates: - The fundamentals of technical analysis; - The importance of trends and trend patterns, describing and analyzing such trends and formations as reversals and continuations; - The types of charts and the unique characteristics of each, including candlestick, line, bar, and point and figure; - How the major players (e.g., market makers, institutional investors) analyze charts and what systems they use; - The quantitative methods of analysis including moving averages, oscillators, SAR, sequential analysis, the swing index, and others; - Gann method and Elliott Wave principles, including an introduction to Fibonnaci analysis; Although everyone can see the charts - anyone can go to BigCharts and find any chart they want - not everyone knows how to read the signs those charts show. This authoritative guide gives readers the charting techniques they need for forecasting any market.