The Evolution of Technical Analysis: Financial Prediction from Babylonian Tablets to Bloomberg Terminals
Throughout its history, technical analysis has flourished on the outskirts of the financial establishment, passing from one generation to the next through apprenticeships and confabulations.The authors ofThe Heretics of Financepresent the creation and evolution of technical analysis, spanning civilizations from the most ancient to the rise of Wall Street as the world's financial center. Beginning with the rise of speculative trading in ancient Babylon, the narrative arcs through the Middle Ages, Renaissance, and the Industrial revolution to the modern era. The authors also explore the Eastern markets of China and Japan, and compare and contrast them to Western practices.