Ed Ponsi's straightforward guide to understanding technical analysis
Technical Analysis and Chart Interpretations delivers simple
explanations and easy-to-understand techniques that demystify the
technical analysis process. In his usual straightforward style,
bestselling author Ed Ponsi guides you through the twists and turns to
show you what really matters when it comes to making money. Whether you
trade stocks, currencies, or commodities, you'll develop invaluable
skills as you master difficult concepts and the tools of the trade.
Technical analysis translates to any form of trading, and this book
delivers clear, jargon-free guidance toward interpreting the various
charts you'll see in the field.
Technical analysis can be confusing. Volatility, cycles, Elliot waves,
Fibonacci, trends--it's easy to get lost, and most of the available
literature is incomprehensible to all but the experts. This book is
different--it's technical analysis for the rest of us. You'll see
through the language to understand the underlying concepts, and how to
apply them correctly.
- Learn what true technical analysis entails
- Discover the tools that simplify accurate analysis
- Master the tactics and strategies used by the pros
- Develop a valuable trading skill that transcends markets
Simply recognizing the vocabulary isn't nearly enough, and a passing
acquaintance with the topic is guaranteed to do more harm than good.
When technical analysis methods are used incorrectly, they are
ineffective at best, and actively destructive to your bottom line at
worst. Technical Analysis and Chart Interpretations cuts through the
confusion to give you a firm understanding and the skills to apply it
correctly.
