Technical Analysis For Dummies, 3rd Edition

Learn to:

• Grasp and apply the basic principles of technical analysis
• Improve your profits
• Use data to decide when to buy or sell individual securities
• Join the smart money crowd that knows when to hold, and when to fold

The guide to analyzing your way to greater profits

Savvy traders have been using technical analysis for over a century. It’s easier than ever with PCs and the Internet to use technical analysis to make smarter trading decisions. This hands-on guide includes the latest updates on technical indicators and practical examples that accurately reflect today’s financial atmosphere.

• Open the technical analysis toolbox — get a clear overview of technical analysis; observe prices and make trading decisions in a new way
• Get in the technical mind frame — discover how to select indicators that match your personality and preference for risk
• Set the bar — understand how to observe price bars and small patterns to earn cold, hard cash
• Be trendy — use indicators to identify whether your price is trending, the strength of the trend, and when the trend is at a reversal
• Get dynamic — consider dynamic lines, momentum, and volatility to ramp up your technical analysis and profits

Open the book and find:

• Why technical analysis does and doesn’t always work
• Ways to identify crowd behavior and patterns
• When to use chart indicators
• How to draw a trendline
• Guidance on transforming channels into forecasts
• The simple arithmetic required for dynamic analysis
• Tips for measuring momentum
• Updates that reflect current market conditions