Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and ApplicationsPenguin, 1 gen 1999 - 576 pagine John J. Murphy has updated his landmark bestseller Technical Analysis of the Futures Markets, to include all of the financial markets. This outstanding reference has already taught thousands of traders the concepts of technical analysis and their application in the futures and stock markets. Covering the latest developments in computer technology, technical tools, and indicators, the second edition features new material on candlestick charting, intermarket relationships, stocks and stock rotation, plus state-of-the-art examples and figures. From how to read charts to understanding indicators and the crucial role technical analysis plays in investing, readers gain a thorough and accessible overview of the field of technical analysis, with a special emphasis on futures markets. Revised and expanded for the demands of today's financial world, this book is essential reading for anyone interested in tracking and analyzing market behavior. |
Sommario
Technical versus Fundamental Forecasting | 5 |
Flexibility and Adaptability of Technical | 7 |
Less Reliance on Market Averages and Indicators | 14 |
Universal Principles | 21 |
The Use of Closing Prices and the Presence | 30 |
Types of Charts Available | 36 |
Futures Open Interest | 42 |
4 | 49 |
The Horizontal Count | 274 |
Box Reversal Point and Figure Charting | 277 |
Measuring Techniques | 286 |
PF Technical Indicators | 292 |
Basic Candlesticks | 299 |
Filtered Candle Patterns | 306 |
13 | 319 |
Connection Between Elliott Wave and | 324 |
Support and Resistance | 55 |
Trendlines | 65 |
The Fan Principle | 74 |
The Channel Line | 80 |
Speed Resistance Lines | 87 |
Price Gaps | 94 |
Price Patterns | 100 |
The Importance of Volume | 107 |
Complex Head and Shoulders | 113 |
Variations from the Ideal Pattern | 121 |
Conclusion | 128 |
Triangles | 130 |
The Ascending Triangle | 136 |
The Wedge Formation | 146 |
The Continuation Head and Shoulders Pattern | 153 |
Interpretation of Volume for All Markets | 162 |
Interpretation of Open Interest in Futures | 169 |
Summary of Volume and Open Interest Rules | 174 |
8 | 181 |
Long Term Charts Not Intended for Trading | 188 |
A Smoothing Device with | 197 |
Moving Average Envelopes | 207 |
Moving Averages Applied to Long Term | 213 |
To Optimize or Not | 220 |
Oscillator Usage in Conjunction with Trend | 226 |
Measuring Rate of Change ROC | 234 |
Using the 70 and 30 Lines to Generate Signals | 245 |
The Importance of Trend | 251 |
The Principle of Contrary Opinion in Futures | 257 |
11 | 265 |
The Rule of Alternation | 331 |
Fibonacci Time Targets | 338 |
Cycles | 344 |
How Cyclic Concepts Help Explain Charting | 355 |
Combining Cycle Lengths | 361 |
Seasonal Cycles | 369 |
Cycle Reading and Software | 375 |
Welles Wilders Parabolic and Directional Movement | 381 |
Pros and Cons of System Trading | 387 |
Money Management and Trading | 393 |
Money Management | 394 |
Trading Tactics | 400 |
The Use of Intraday Pivot Points | 407 |
17 | 413 |
The Link Between Commodities and the Dollar | 419 |
Stock Sectors and Industry Groups | 420 |
Relative Strength and Individual Stocks | 426 |
18 | 433 |
McClellan Summation Index | 439 |
Upside Versus Downside Volume | 443 |
Comparing Market Averages | 449 |
How to Coordinate Technical and Fundamental | 455 |
Starc Bands and Keltner Channels | 469 |
Range Development and Profile Patterns | 484 |
Conclusion | 490 |
Turn Your Idea into a Set of Objective | 497 |
Continuous Futures Contracts | 505 |
| 523 | |
Altre edizioni - Visualizza tutto
Technical Analysis of the Financial Markets: A Comprehensive Guide to ... John J. Murphy Anteprima limitata - 1999 |
Technical Analysis of the Financial Markets: A Comprehensive Guide to ... John J. Murphy Anteprima limitata - 1999 |
Technical Analysis of the Financial Markets: a Comprehensive Guide to ... John J. Murphy Anteprima non disponibile - 2020 |
Parole e frasi comuni
Apr Jul Oct bear market bearish Bollinger Bands bottom box reversal breakout bull market bullish buy signal candle patterns candlestick charting chapter chartist closing price column commodity cycle Daily Bar Chart day average day's decline divergence Dow Industrials Dow Theory downside downtrend Elliott Wave Elliott Wave Theory example Fibonacci figure chart forecasting Frost and Prechter futures contract futures markets head and shoulders important intermarket intraday longer term trader MACD measure neckline occurs open interest oscillator overbought oversold period point and figure positions price action price chart price objectives price patterns price trend Printed using TradeStation profits rally ratio Relative Strength Index resistance levels retracement reversal pattern sell signal short term shows stock market support and resistance technical analysis technicians technique TradeStation Omega Research Treasury Bonds trend reversal trend-following trendline triangle U.S. dollar upside uptrend usually volume and open week zero line
Brani popolari
Pagina iii - Technical analysis is the study of market action, primarily through the use of charts, for the purpose of forecasting future price trends. The term "market action" includes the three principal sources of information available to the technician — price, volume, and open interest.