Technical Analysis Plain and Simple: Charting the Markets in Your Language - Hardcover

Kahn CMT, Michael N.

Hardcover

ISBN 10: 0131345974 ISBN 13: 9780131345973

Publisher: Financial Times/ Prentice Hall, 2006

Synopsis

Technical analysis is a hot topic for investors right now and offers powerful, objective tools for picking stocks and making money--but most explanations of the subject simply confuse investors instead of enlightening them. In this clear, practical book, Barron's columnist Michael Kahn introduces technical analysis in simple English. Kahn explains exactly how technical analysis works, then teaches you how to read charts and translate what they tell you into real buy and sell decisions. The fully updated Second Edition contains many new examples reflecting major market changes since the First Edition: 9/11, equities bear markets, commodities bull markets, changing interest rates, and more. Step by step, Kahn illuminates the basic theory of technical analysis, demystifies its jargon, outlines its core techniques, and shows how to use it to complement (not replace) the reader's current approach to stock selection. He explains trendlines, chart patterns, and corrections; reveals what makes a stock look promising; and helps to assess potential risk and reward.

About this title

Review

Top technical analyst and Barron’s Online columnist Kahn demystifies technical analysis.

While many investors view technical analysis as a mystical “tea-leaf reading” process, “this could not be further from the truth,” says the author, in the second edition of this handy guide to technical analysis. Indeed, Kahn teaches investors how to bring clarity and objectivity to their market decisions by augmenting their fundamental research with the use of technical analysis. Beginning with a general overview of the subject, the author then moves on to the core concepts of chart analysis and the various facets of the investment process. Finally, he covers more advanced topics like candlesticks, cycles and Elliot waves, and also explains common technical terms and jargon and how to identify patterns, listen to the market and “reality check” broker recommendations.

Investors will appreciate this straightforward and clear guide to technical analysis.

 

--Kirkus Reports, Vol. 3, Issue 3 (March 31, 2006)

From the Back Cover

"This book is an excellent primer. As a proponent of the art-versus-science school of technical analysis, his primary focus is on the practical aspects of chart reading and how to translate the intelligence derived from charts into investment decisions. If you have ever wondered what technical analysis is, or how you could get started doing it, this is a good place to start."
–John Bollinger, CFA, CMT, President, Bollinger Capital Management
"Here is the place to discover why the RSI goes up while the price is going down, how to measure potential moves from a breakout, how not to look at a chart with preconceived notions of what the market will do–"Let the market talk...." The advice is above all practical. [This is] a book to own, particularly in the earlier stages of your investment career."
–Michael Smyrk, STA Journal
"Finally, an easy-to-understand explanation of how technical analysis works! This primer shows investors how to spot trends and patterns in the markets that can help them choose winning stocks. Full of practical advice, this is a must have for both individual and professional investors."
–Susie Gharib, Co-Anchor, PBS’ Nightly Business Report
Technical Analysis Plain and Simple, Second Edition is the easiest, most usable guide to technical analysis ever written. Presenting one simple idea and example at a time, top technical analyst and Barron’s Online columnist Michael N. Kahn thoroughly demystifies technical analysis, and shows you exactly how to profit from it.
This fully updated Second Edition contains examples that reflect today’s realities in every major market- equities, commodities, currencies, and beyond. Using up-to-the-minute information, you’ll learn how to read charts...identify promising investments... accurately assess risk vs. reward..."reality-check" your other research or broker’s recommendations...uncover critical market signals fast...maximize your profits on every trade!
Bring clarity and objectivity to all your investment decisions
Proven technical analysis techniques for every market, from stocks to currency trading
Hear what the market is whispering to you
How to read charts, understand them, and act on what they’re saying
Uncover great new opportunities–and learn when to sell, too
Identify powerful "buy" and "sell" signals in time for maximum profit
Use technical analysis to control your risk
Master techniques for assessing risk vs. reward more accurately
Get straight answers to your questions about technical analysis...
...and understand everything from trendlines to RSI
Fully updated with dozens of new examples, this new Second Edition clears away the jargon and confusion, answering the questions investors ask most often about technical analysis. Most of all, Kahn delivers proven techniques for profit- techniques you can start using with your very next trade.

Edition details

• Publisher: Financial Times/ Prentice Hall
• Publication date: 2006
• ISBN 10: 0131345974
• ISBN 13: 9780131345973
• Binding: Hardcover
• Language: English
• Edition number: 2
• Number of pages: 352