NexusFi: Find Your Edge


Home Menu

 





Book Review: "Complete Idiot's Guide to Technical Analysis"


Discussion in Traders Hideout

Updated
    1. trending_up 3,931 views
    2. thumb_up 0 thanks given
    3. group 1 followers
    1. forum 1 posts
    2. attach_file 0 attachments




 
Search this Thread

Book Review: "Complete Idiot's Guide to Technical Analysis"

  #1 (permalink)
 RM99 
Austin, TX
 
Experience: Advanced
Platform: TradeStation
Trading: Futures
Posts: 839 since Mar 2011
Thanks Given: 124
Thanks Received: 704

I posted here, because I really wasn't sure where it would be appropriate.

Firstly, I'm not a publisher or a vendor and have no stake/interest in the success or failure of this book (or any other book for that matter).

I found the book to be highly useful as a reference tool for brushing up on concepts that you may already know and very concise/get to the point and insightful for topics that may be new.

It's laid out VERY well, and very effectively and simply illustrates the concepts quickly and easily.

It covers a ton of topics we discuss on futures.io (formerly BMT).....candlestick charting, volume analysis, swing charts and channels, spread charts, double tops, heads/shoulders, reversal patterns, support, resistance, gaps and flags/pennants, cup with handles, trendlines, trend channels, pullbacks, Donchian channels, moving averages, oscillators (MACD, Stochastic, Williams, RSI, etc), pivots, convergence/divergence, point-figure charts, price movement, breakouts and breakdowns, Fibonacci Ratios, Jackson lines (which are similar to Murray Math lines), etc, etc, etc.

It's a great reference book for intermediate to advanced traders and an awesome book for those just getting started. I find it much easier to pull the book out than to surf through the internet to get started on concepts like triangle analysis and such.

Anyway, I bought the book at Barnes/Noble for $22 (I was picking up another book), but you can probably find it cheaper online somewhere.

For what it's worth....

Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
static margin on the right side of a chart
NinjaTrader
Can I use Ehlers Periodogram as the lookback for another …
NinjaTrader
MC PL editor upgrade
MultiCharts
Better Renko Gaps
The Elite Circle
Footprint for strategy Builder
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Trading with Intuition
12 thanks
Spoo-nalysis ES e-mini futures S&P 500
11 thanks
GFIs1 1 DAX trade per day journal
9 thanks
Favorite High Probability Setup
9 thanks
System Performance Stats Comparison
8 thanks
  #2 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,492 since Jun 2009
Thanks Given: 33,257
Thanks Received: 101,704

Moved to Traders Hideout since it is on-topic.

Mike



Join the free Markets Chat beta: one platform, all the trade rooms!

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote




Last Updated on April 23, 2011


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts