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The Ultimate Guide to Technical Analysis is your one-stop source for detailed and in-depth technical trading analysis.
Technical analysis is a tool for putting the odds in your favor when trading price action. It can show the path of least resistance and give a trader price levels to set stop losses and profit targets to create good risk/reward ratios. This book takes a deep dive into using technical indicators and price action to make better trading decisions and become more profitable.
From the book:
Technical analysis can be used to identify levels of price support and resistance, the direction of a current trend, momentum or volatility. Technical indicators are simply trading tools, the profits come from how well a trader uses them to build a price action trading system that fits their time frame, risk tolerance and return goals. Technical analysis without a quantified trading system is unlikely to yield profitable results because traders need a repeatable edge and proper position sizing to make money in the markets. Technical indicators are powerful tools traders can use to construct a successful and profitable price action strategy.
ASIN : B0987KT93N
Publisher : Independently published
Publication date : June 28, 2021
Language : English
Print length : 140 pages
ISBN-13 : 979-8528406404
Item Weight : 3.53 ounces
Dimensions : 6 x 0.32 x 9 inches
Best Sellers Rank: #1,821,168 in Books (See Top 100 in Books) #1,501 in Stock Market Investing (Books) #1,534 in Investment Analysis & Strategy
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