Technical Analysis For Dummies
Learn to:Grasp and apply the basic principles of technical analysisImprove your profitsUse data to decide when to buy or sell individual securitiesJoin the smart money crowd that knows when to hold, and when to foldThe guide to analyzing your way to greater profitsSavvy traders have been using technical analysis for over a century. It’s easier than ever with PCs and the Internet to use technical analysis to make smarter trading decisions. This hands-on guide includes the latest updates on technical indicators and practical examples that accurately reflect today’s financial atmosphere.Open the technical analysis toolbox — get a clear overview of technical analysis; observe prices and make trading decisions in a new wayGet in the technical mind frame — discover how to select indicators that match your personality and preference for riskSet the bar — understand how to observe price bars and small patterns to earn cold, hard cashBe trendy — use indicators to identify whether your price is trending, the strength of the trend, and when the trend is at a reversalGet dynamic — consider dynamic lines, momentum, and volatility to ramp up your technical analysis and profitsOpen the book and find:Why technical analysis does and doesn’t always workWays to identify crowd behavior and patternsWhen to use chart indicatorsHow to draw a trendlineGuidance on transforming channels into forecastsThe simple arithmetic required for dynamic analysisTips for measuring momentumUpdates that reflect current market conditions