Recommended Technical Analysis book

Been looking around at online bookstores for books focusing on Technical Analysis.


Anyone read 'Technical Analysis of the Currency Market' by Boris Schlossberg?



Any other recommendations?

"TA for Dummies" A great book with an unfortunate title. Not a beginners book and the author is very easy to understand.

"technical analysis of the financial markets" by john j. murphy

i think this book is great to start over with, it sums up most TA techniques and easy to understand. in the german edition is a workbook included which is also helpful.

hope this helps

I'm currently reading "Mind over Markets" ... Good book, not for the faint of heart tho.

I've read a ton of books, some are useful, most are a complete waste of time. Schlossberg's stuff is largely a waste of time (I've backtested the strategies in his other book, they failed miserably). Martin Pring's book on Price Patterns is fairly useful too, worth a read.

That John Murphy book is fairly old, it goes over indicators but doesn't really put them together in an effective way. You can't really use RSI or stochs that way and be profitable. If all you need is an overview of indicators or basic price patterns tho I suppose it's a good cheap (free) d/l.

Edwards and MaGee "Technical Analysis of Stock Trends". This will give you a foundation to build on. My copy is the 5th Edition printed in 1966.
Don't let the age of the book fool you. "... nothing new under the sun and
least of all in the stock market." Edwin LeFevre.

Oh yea, I have that book, 9th ed. It's good for a base, 800 pages tho... biiiiig. You ever get thru it all the way?

Technical Analysis Explained From Pring 4th edition is a good start

My copy is 492 pages. I heard that the later versions had additional information.

Books can be a good investment, but if it's just general info on TA that one is after, then a lot of the same material is available for free on the Internet. Some links here (and there are plenty more that can be found using Google).

David

Candlestick Charting Explained by Greg Morris is one of my favorites.