Looking for a simple guide to technical analysis of the financial markets? Technical Analysis – A Newbies’ Guide is what you need if you want to learn the principles of technical analysis plain and simple.
This is not technical analysis for dummies, as the author assumes that the reader is intelligent, ready to learn, and simply uninformed. You will find technical analysis explained in the clearest of terms, as Northcott is an experienced trading educator and financial author with fourteen books in print currently.
The book covers technical analysis of stock trends and other financial markets, including:
The Dow Theory – the basis of modern technical analysis
Trends – how to recognize them
Support and resistance, and their uses
Chart patterns – what they mean
Moving averages, and how they can tell you to trade
Technical indicators and oscillators
Ichimoku Cloud Charting
Elliott Wave Theory
Money management and position sizing
Developing a trading plan
This essential guide is part of the popular Newbies’ Guide to Finance series.