The Art and Science of Technical Analysis: Market Structure, Price Action, and Trading Strategies
The Art and Science of Technical Analysis: Market Structure, Price Action, and Trading Strategies
by Adam Grimes
English | 2012 | ISBN: 1118115120 | 480 Pages | EPUB true | 7 MB
by Adam Grimes
English | 2012 | ISBN: 1118115120 | 480 Pages | EPUB true | 7 MB
The Art and Science of Technical Analysis is a groundbreaking work that bridges the gaps between the academic view of markets, technical analysis, and profitable trading. The book explores why randomness prevails in markets most, but not all, of the time and how technical analysis can be used to capture statistically validated patterns in certain types of market conditions. The belief of the book is that buying and selling pressure causes patterns in prices, but that these technical patterns are only effective in the presence of true buying/selling imbalance.