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Technical analysis is the art of interpreting charts to forecast price movements of securities. Thousands of brokers base their investment decisions on visual, non-mathematical analysis methods, and this book provides a clear pathway for investors to develop these critical skills.
Jack D. Schwager, author of the acclaimed Market Wizards series, brings clarity to technical analysis terminology and methodologies. This guide breaks down complex chart interpretation techniques into accessible concepts that average investors can apply to their trading strategies.
This book demystifies the essential terminology used in technical analysis and explains analytical methods in detail. The content focuses on visual analysis techniques that don't require advanced mathematical knowledge, making it accessible for investors at various experience levels.
Readers gain practical knowledge in chart reading, pattern recognition, and price forecasting methods used by professional traders. The approach emphasizes real-world application over theoretical concepts, allowing investors to implement strategies immediately.
JACK D. SCHWAGER is a recognized industry expert on futures and hedge funds and the author of the widely acclaimed Market Wizards and Schwager on Futures book series. He is currently the co-portfolio manager of the ADM Investor Services Diversified Strategies Fund, a portfolio of futures and FX managed accounts. Previously, Mr. Schwager was a partner in the Fortune Group, a London-based hedge fund advisory firm, which specialized in creating customized hedge fund portfolios for institutional clients, and also spent over twenty years as a director of futures research for some of Wall Street's leading firms.
This paperback is designed for investors who want to understand how technical analysis works without getting overwhelmed by complex mathematics. Whether you're analyzing stocks, futures, or other securities, this guide provides the foundation needed to interpret market charts and make informed investment decisions.
The book serves as an entry point into technical analysis methodology, offering clear explanations that bridge the gap between professional trading techniques and practical investor application.