A breakthrough trading book that provides powerful insights on
profitable technical patterns and strategies
The Art and Science of Technical Analysis is a
groundbreaking work that bridges the gaps between the academic view
of markets, technical analysis, and profitable trading. The book
explores why randomness prevails in markets most, but not all, of
the time and how technical analysis can be used to capture
statistically validated patterns in certain types of market
conditions. The belief of the book is that buying and selling
pressure causes patterns in prices, but that these technical
patterns are only effective in the presence of true buying/selling
imbalance.
The Art and Science of Technical Analysis is supported by
extensive statistical analysis of the markets, which will debunk
some tools and patterns such as Fibonacci analysis, and endorse
other tools and trade setups. In addition, this reliable resource
discusses trader psychology and trader learning curves based on the
author's extensive experience as a trader and trainer of
traders.
* Offers serious traders a way to think about market problems,
understand their own performance, and help find a more productive
path forward
* Includes extensive research to validate specific money-making
patterns and strategies
* Written by an experienced market practitioner who has trained
and worked with many top traders
Filled with in-depth insights and practical advice, The Art
and Science of Technical Analysis will give you a realistic
sense of how markets behave, when and how technical analysis works,
and what it really takes to trade successfully.
