Title: A Beginner's Guide to Charting Financial Markets: A practical introduction to technical analysis for investors.
In an endeavour to understand technical analysis so as to have accesss to a tool that could be used to aid in investment decisions, I borrowed this book from the public library.
It is interesting how technical analysis is based solely on data generated by the market and by the actions of the people in the market.
One learning points that I have gained from the book is that technical analysis focuses on how stock prices are moving and how powerful the moves are. Essentially, the technical analysis is achieved by analysing price and volume, and the derivative measures, to ultimately measure supply and demand.
A systematic introductory book to read to appreciate technical analysis. I appreciate the illustrations made by the examples given in the book. At the same time, I felt there were something critical that I could be missing to fully gain sufficient confidence in reading the charts.
