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 forwardIncludes extensive research to validate
specific money-making patterns and strategiesWritten 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.
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