Technical Analysis for Beginners

A Practical Guide for Charting

Technical Analysis for Beginners – A Practical Guide for Charting, brings together two previously published books:

Technical Analysis for Beginners Part One – Stop Blindly Following Stock Picks of Wall Street’s Gurus
Technical Analysis for Beginners Part Two – Riding the Stock Market Cycle

Many improvements have been added to previous versions:

• Improvements for the buy and sell signals on charts
• A glossary of technical analysis terms
• An alphabetical index
• More than 170 full-color illustrations to facilitate the learning of the visual trader

PART ONE: Stop Blindly Following Stock Picks of Wall Street’s Gurus and Learn Technical Analysis

This book has been written to help the new traders who trust blindly in those close to them, their colleagues or financial gurus, and want to understand chart patterns before investing in stocks. Learn how to use tools allowing detection of buy-and-sell signals. Inside, you’ll find examples, tables, charts, and comments of popular stocks. Most of the charts show entry points, exit points, and even false signals.

After you read this guide, you’ll know:

• How to use charts to enter and exit the market at the right time
• How to enrich charts with indicators
• How to spot the market’s trend
• How to highlight the trend, the support, the resistance and the trend channel as well as the positive and negative divergences
• Learn about the bullish and the bearish patterns and candlesticks patterns
• How to avoid many traps and learn about the market’s emotional cycle

PART TWO: Riding the Stock Market Cycle

This book focuses on the four stages that make up the stock cycle. Being able to detect, before the crowd, the appropriate time to enter an upward stage is the key for any investor. Each stage can be recognized using technical indicators. The use of technical indicators remains fairly simple. In this book, the technical indicators are grouped into two categories:

• Leading indicators that launch buying and selling signals
• Lagging indicators that detect reversals

The combination of indicators, volume, lines, and patterns with the stages of the stock market cycle leads to better control of trading. Understanding each stage is a great way to anticipate the reaction of the markets.

Technical Analysis for Beginners – A Practical Guide for Charting will give a great boost to your trading performance by learning technical analysis. This guide helps make a better decision and increase your chances of greater profits. Don’t let the money to the sharks of Wall Street.

Charles G. Koonitz has published more than 10 books on technical analysis and digital publishing.