These books are a must read for every trader (both novice and advanced) interest ed in using technical

analysis as part of their decision making process. 1) Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications by John J. Murphy Book Description John J. Murphy has now updated his landmark bestseller Technical Analysis of the Futures Markets, to include all of the financial markets. "If one could read only one book on technical analysis, this should be the one." --Knight-Ridder Financial Products and News (on the first edition, Technical An alysis of the Futures Markets, 0-13-898008-X) This outstanding reference has already taught thousands of traders the concepts of technical analysis and their application in the futures and stock markets. Co vering the latest developments in computer technology, technical tools, and indi cators, the second edition features new material on candlestick charting, interm arket relationships, stocks and stock rotation, plus state-of-the-art examples a nd figures. From how to read charts to understanding indicators and the crucial role technical analysis plays in investing, readers gain a thorough and accessib le overview of the field of technical analysis, with a special emphasis on futur es markets. Revised and expanded for the demands of today's financial world, thi s book is essential reading for anyone interested in tracking and analyzing mark et behavior. "One way to get started in technical analysis is to read a good book on the subj ect. One of my favorites is Technical Analysis of the Financial Markets: A Compr ehensive Guide to Trading Methods and Applications by John J. Murphy. It's an ea sy read." Ralph J. Acampora, CMT, Managing Director, Prudential Securities Inc. 2) Technical Analysis Explained: The Successful Investor's Guide to Spotting Inv estment Trends and Turning Points by Martin J. Pring Recommended for professional certification by the Market Technician's Associatio n The Original **and Still Number One** Technical Analysis Answer Book Technical Analysis Explained, 4th Edition, is today's best resource for making s marter, more informed investment decisions. This straight-talking guidebook deta ils how individual investors can forecast price movements with the same accuracy as Wall Street's most highly paid professionals, and provides all the informati on you will need to both understand and implement the time-honored, profit-drive n tools of technical analysis. Completely revised and updated for the technologies and trading styles of 21st c entury markets, it features: Technical indicators to predict and profit from regularly occurring market turni ng points Psychological strategies for intuitively knowing where investors will seek profi ts**and arriving there first! Methods to increase your forecasting accuracy, using today's most advanced tradi ng techniques

Critical Acclaim for Previous Editions: "One of the best books on technical analysis to come out since Edwards and Magee 's classic text in 1948.... Belongs on the shelf of every serious trader and tec hnical analyst." **Futures "...Technical Analysis Explained [is] widely regarded as the standard work for t his generation of chartists." **Forbes Traders and investors are creatures of habit who react**and often overreact**in predictable ways to rising or falling stock prices, breaking business news, and cyclical financial reports. Technical analysis is the art of observing how inves tors have regularly responded to events in the past and using that knowledge to accurately forecast how they will respond in the future. Traders can then take a dvantage of that knowledge to buy when prices are near their bottoms and sell wh en prices are close to their highs. Since its original publication in 1980, and through two updated editions, Martin Pring's Technical Analysis Explained has showed tens of thousands of investors, including many professionals, how to increase their trading and investing profi ts by understanding, interpreting, and forecasting movements in markets and indi vidual stocks. Incorporating up-to-the-minute trading tools and technologies wit h the book's long-successful techniques and strategies, this comprehensively rev ised fourth edition provides new chapters on: Candlesticks and one- and two-bar price reversals, especially valuable for intra day and swing traders Expanded material on momentum **including brand new interpretive techniques from the Directional Movement System and Chaunde Momentum Oscillator to the Relative Momentum Index and the Parabolic Expanded material on volume, with greater emphasis on volume momentum along with new indicators such as the Demand Index and Chaikin Money Flow Relative strength, an increasingly important and until now underappreciated arm of technical analysis Application of technical analysis to contrary opinion theory, expanding the book 's coverage of the psychological aspects of trading and investing Technical analysis is a tool, nothing more, yet few tools carry its potential fo r dramatically increasing a user's trading success and long-term wealth. Let Mar tin Pring's landmark Technical Analysis Explained provide you with a step-by-ste p program for incorporating technical analysis into your overall trading strateg y and increasing your predictive accuracy and potential profit with every trade you make. 3) Technical Analysis of Stock Trends, 8th Edition by Robert D. Edwards, John Magee, W. H. C. Bassetti The universally acclaimed investor's classic has now been updated with the lates t data and references. With more than 800,000 copies in previous editions, this is the definitive reference on analyzing trends in stock performance. It incorpo rates the most recent stock information and updated charts for expert guidance. Book Description Technical Analysis of Stock Trends, 8th Edition, is a critical reference for inv estors--especially in today's tumultuous markets. This seminal book--the first t o produce a methodology for interpreting and profiting from the predictable beha

vior of investors and markets--revolutionized technical investment approaches an d continues to show traders and investors how to make money regardless of what t he market is doing. Now, with the addition of noted technical analysis authority W. H. Charles Basse tti (editor)--as well as charts and graphs that pertain to today's market enviro nment and major stocks--this completely updated and revised edition confirms the wisdom of the original work for today's markets. Technical traders and chartist s will turn to it for: * Information on utilizing electronic markets, the Internet, wireless communicat ions, and new exchanges, plus current ideas on portfolio management and risk man agement * Chapters on futures and derivatives charting and trading * Expanded treatment of "runaway" markets--to help put the recent Internet stock craze in perspective "Chart formations," states Charles Bassetti in the preface, "are the language of the market." Technical Analysis of Stock Trends, 8th Edition, translates that l anguage for a new generation of technical traders and investors. 4) Encyclopedia of Chart Patterns (Wiley Trading) by Thomas N. Bulkowski Technical chart analysis has never been easy. It has, however, been historically successful and well worth the added effort for dedicated investors who want to pres age what a stock will do next and regularly beat the markets. Encyclopedia of Ch art Patterns represents the next step in technical analysis. This definitive tex t details over 50 chart patterns that signal whether a stock is in bullish, bear ish, or neutral mode. It identifies each chart pattern, explains how and why eac h chart was formed, and where it will go next. You simply filter the information through your own trading style and strategy, watch for the optimal entry and ex it points, and trade the markets with skill and confidence. The step-by-step chapters in Encyclopedia of Chart Patterns reveal for each patt ern: Results Snapshot At-a-glance data on chart appearance, average rise or decline, fa ilure rate, and price prediction accuracy Tour Broad introduction to the pattern Identification Guidelines Characteristics to look for and why Focus on Failures What failed patterns look like, why they failed, and what to do Statistics The numbers and what they tell you Trading Tactics Implementation strategies for maximizing profit while minimizing r isk Sample Trade The chart pattern in action, with hypothetical trades using real data With the proper knowledge and understanding, chart pattern analysis can be one o f today s easiest to use "investing tools." Encyclopedia of Chart Patterns present s the technical analysis tools, then reveals the secrets such as average failure r ates, most likely gain or loss, volume trends, and surprise findings as you use th e tools to build a portfolio of wealth. The result is today s most valuable techni cal analysis reference one that will save you critical time in identifying chart p atterns and increase your likelihood of buying near the price bottom and selling near the top.