Martin Pring's Introduction to Technical Analysis, 2nd Edition / Edition 2

by Martin J. Pring

Overview

"The technician’s technician" (Barron’s), Martin Pring gives new traders the tools and insight they need to draw greater profits from today’s markets

This new edition of Introduction to Technical Analysis explains how to evaluate trends, highs, lows, price/column relationships, price patterns, moving averages, and momentum indicators for a contemporary audience, using fully new, updated charts, diagrams, and examples.

Pring uses his trademark expertise and engaging writing style to simplify concepts for traders. Links to an exclusive downloadable video featuring original content and in-depth explanations of the material is also included.

You'll learn how to:

• Research and construct instantly valuable charts of stock and market activity
• Interpret the basic concepts of momentum, and apply the theory to actual trades through a common sense set of trading strategies
• Use price and volume pattern to identify breakouts
• Analyze and act on peaks and troughs that can signal a change in the prevailing trend
• Calculate moving averages and gauge their impact.

Martin J. Pring is the founder of Pring Research and publisher of Intermarket Review, a monthly market review offering a long-term synopsis of the world's major financial markets. Martin pioneered the introduction of videos as an educational tool for technical analysis in 1987, and was the first to introduce educational, interactive CDs in this field.

Product Details

ISBN-13:	9780071849371
Publisher:	McGraw Hill LLC
Publication date:	02/20/2015
Edition description:	2nd Revised ed.
Pages:	320
Product dimensions:	9.10(w) x 7.30(h) x 0.70(d)

About the Author

Martin J. Pring (Sarasota, FL) is the founder of Pring Research and publisher of Intermarket Review, a monthly market review offering a long-term synopsis of the world's major financial markets. Martin pioneered the introduction of videos as an educational tool for technical analysis in 1987, and was the first to introduce educational, interactive CDs in this field.

Table of Contents

Acknowledgments vi

Introduction vii

Part I Basic Concepts

1 Basic Building Blocks 3

2 The Trend is your Friend: Know which One You Are following 14

3 Those Zigs and Zags on the Charts Mean Something 22

4 Support and Resistance: Which is Which? 30

5 Trendlines: One of the Simplest Tools, but Arguably the Most Effective 42

6 How to make Volume work for you 60

Part II Trend Indicators

7 Recognizing Tops and Bottoms with Price Patterns 79

8 Price Patterns for Traders 128

9 Moving Averages, Envelopes, and Bollinger Bands 157

Part III Advanced Techniques

10 Using Momentum Introduces a Different Dynamic 177

11 Six Useful Momentum Indicators 196

12 How Using Candlesticks Can Enhance Profits 241

13 Beating the Market with Relative Strenght 266

14 Some Quick Tips on Practical Trading Tactics 282

Index 301