All about Technical Analysis: The Easy Way to Get Started

by Constance Brown

Book Overview

ALL ABOUT . . . SERIES

All About
TECHNICAL ANALYSIS

Wary of trusting their trading fortunes to chance, investors are increasingly turning to the proven tools of technical analysis to help them make better trading and investing decisions. All About Technical Analysis explains what technical analysis is, why so many savvy investors rely on it to help forecast market movements, and how to successfully...

• Format: Paperback
• Language: English
• ISBN: 0071385118
• ISBN13: 9780071385114
• Release Date: December 2002
• Publisher: McGraw-Hill Companies
• Length: 288 Pages
• Weight: 0.99 lbs.
• Dimensions: 0.8" x 6.0" x 9.0"

Customer Reviews

Simplifying Technical Analysis

I was lucky to encounter Connie's work when I was just getting started with trading. The gem in this and her other writing is seeing her total dedication to uncovering the science of the markets. She will never GIVE you ALL her secrets. Part of the message is do your work, study your market, learn your indicators and study timing. You will be slapped around by the market, and you need YOUR OWN disciplined approach to keep going when that happens. This book is not going to reveal a mechanical system that can be translated into instant trading success. You won't find a targeted approach for one market...her approach works for all and any markets; that's why she includes charts and analysis for everything from stocks to fundamental housing data. The bottom line is that many free market activities can be charted and analyzed in much the same way as stocks or futures.But there are very specific insights into the methods of a highly intelligent trader.... and you're challenged to rise to her level. This book and Technical Analysis for the Trading Professional give many specific insights into indicators and approaches: She points out features of indicators, how to choose non correlated indicators, simplifying "market geometry" and advanced considerations of support and resistance in instrument prices and in indicators, as well as target calculation--plenty of information, and simplified for an easy grasp of the subject. I feel that this book provides an essential background and insight into how the market works. Whatever the level of trading you decide to do. I think a "non trader" can benefit too...we are all "at risk" of various markets throughout our lives. The charts of currencies and housing show other areas where a non trader could benefit from some technical analysis knowledge to avoid getting caught in a destructive cycle.

A future CLASSIC book on TA

There is a valid reason why MTA have made Connie's second book "Technical Analysis the Trading Professional" ("TATP") required reading for their CMT course. It is so competently and refreshingly different from other TA books that it deservedly merits this position.So too does her latest book where she explains in easier-to-understand language some of the concepts contained in TATP. All investors/speculators who rely on TA for their edge, eventually realize that indicators per se do not achieve the results so loosely claimed by the software and trading system purveyors. The answer lies in which UNCORROLATED indicators are used over various time frames and HOW THEY ARE INTERPRETED. This is what sets this book apart from the plethora of others.Having read in excess of 100 books on trading, my only regret is that I did not come across this book earlier in my quest to become a half-decent trader. This book is destined in my opinion to become a classic reference for new traders. The choice is thus: remain a member of the "Indicator Default Club" (Connie's term for those traders who only use and interpret indicators as suggested by software developers) or get to understand how indicators can and should be used to give you that edge.The added benefit is that this book is not only about indicators: money management, market interdependance, cycles, risk exposure etc are also extensively covered. I particularly liked the chapter on the universal higher order and the interconnectiveness of all things.

All About Technical Analysis

You will find this book is complete. It not only teaches technical analysis that works, but also teaches basic money management so a trader can "survive" long enough to develope his technical skills. I have paid for her market forecasts for nearly ten years. Her ability to predict market objectives based on technical analysis is unequalled by any investment service I have ever followed. You will find she reads through chart signals and patterns in a unique way. This book clarified for me how she has been doing it.This book puts it all together, she holds nothing back. For example, using the techniques in the book, the rally target was predicted four months in advance for CMC including it's following decling that is still extending twelve months after her prediction. (I was confused at first until I saw CMC had a 2 for 1 stock split after the book was printed, adjust the price levels accordingly).I think the book's title and cover bullets are too limiting for what's inside. The book covers the basics for those beginning, but the advanced trader or Portfolio manager will be mislead by the novice bullets on the cover. Inside is a gold mine of information as it's charts and predictions apply years into the future. You would do well to read it very carefully.For me, the most fascinating aspect of this book is the discussion of a higher universal order that connects everything in nature. Fibonacci and W. D. Gann were leaders in discovering this mathematical harmonic relationship and how it impacts markets. Even after all of these years, this is still cuttting edge knowledge. Ms. Brown has explained something that is very complicated in a manner that I could understand.I highly recommend this book to anyone who wants to understand market action, and to profit from it.

All About Technical Analysis

You will find this book is complete. It not only teaches technical analysis that works, but also teaches basic money management so a trader can "survive" long enough to develope his technical skills. I have paid for her market forecasts for nearly ten years. Her ability to predict market objectives based on technical analysis is unequalled by any investment service I have ever followed. You will find she reads through chart signals and patterns in a unique way. This book clarified for me how she has been doing it.This book puts it all together, she holds nothing back. For example, using the techniques in the book, the rally target was predicted four months in advance for CMC including it's following decling that is still extending twelve months after her prediction. (I was confused at first until I saw CMC had a 2 for 1 stock split after the book was printed, adjust the price levels accordingly).I think the book's title and cover bullets are too limiting for what's inside. The book covers the basics for those beginning, but the advanced trader or Portfolio manager will be mislead by the novice bullets on the cover. Inside is a gold mine of information as it's charts and predictions apply years into the future. You would do well to read it very carefully.For me, the most fascinating aspect of this book is the discussion of a higher universal order that connects everything in nature. Fibonacci and W. D. Gann were leaders in discovering this mathematical harmonic relationship and how it impacts markets. Even after all of these years, this is still cuttting edge knowledge. Ms. Brown has explained something that is very complicated in a manner that I could understand.I highly reccommend this book to anyone who wants to understand market action, and to profit from it.

Thinking outside of the box

A better title for this book might be "All About Technical Analysis-Thinking outside of the Box". It challenges popular TA myths.I am convinced that the serious reader will save himself a lot of anguish by taking notice of her concepts .The cost of this gem is very reasonable .dont miss.Recommendation:Strong Buy