A breakthrough trading book that provides powerful insights on profitable technical patterns & strategies The Art & Science of Technical Analysis is a groundbreaking work that bridges the gaps between the academic view of markets technical analysis & profitable trading. The book explores why randomness prevails in markets most but not all of the time & how technical analysis can be used to capture statistically validated patterns in certain types of market conditions. The belief of the book is that buying & selling pressure causes patterns in prices but that these technical patterns are only effective in the presence of true buying/selling imbalance. The Art & Science of Technical Analysis is supported by extensive statistical analysis of the markets which will debunk some tools & patterns such as Fibonacci analysis & endorse other tools & trade setups. In addition this reliable resource discusses trader psychology & trader learning curves based on the authors extensive experience as a trader & trainer of traders.* Offers serious traders a way to think about market problems understand their own performance & help find a more productive path forward*
Includes:: extensive research to validate specific money-making patterns & strategies* Written by an experienced market practitioner who has trained & worked with many top traders Filled with in-depth insights & practical advice The Art & Science of Technical Analysis will give you a realistic sense of how markets behave when & how technical analysis works & what it really takes to trade successfully.