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Deciphering the Market Jay Tadion

Deciphering the Market von Jay Tadion

Deciphering the Market Jay Tadion


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Zusammenfassung

In this often irreverent introduction to technical analysis, the author demonstrates how to identify the good parts of technical analysis. The approach adopted is to examine uncomplicated and familiar systems. The book focuses exclusively on the foreign exchange market.

Deciphering the Market Zusammenfassung

Deciphering the Market: Principles of Chart Reading and Trading Jay Tadion

Technical analysis is the pursuit and development of successful forecasting and trading strategies based exclusively on price behaviour. Price is the premier signalling device of the market economy and the trader's benchmark of reference and, as yet, no simpler or more promising alternative has yet emerged. In this often irreverent introduction to technical analysis, Tadion shows how to identify the good parts of this forecasting system. The approach adopted by the author is to examine uncomplicated and familiar systems in which statistical regularities, analogies and similarities can readily be observed, measured and categorized. He takes a scientific approach to technical analysis in his discussion of certain widely-held beliefs. Following on from this, the author attempts to show that the laws that govern such systems are not only applicable to the market, but are also the common threads that run through the fabric of all chart techniques. The volume concludes with rules, strategies, examples and various other topics useful or interesting to the would-be chartist. It focuses exclusively, by way of example and illustration, on one single market only, namely the foreign exchange market, which has now become the largest market by far.

Inhaltsverzeichnis

Part one: Forecasting: Mechanics of Forecasting; Chart Regularities; Trend Strength and Scope; Curvilinear Regularities; Cycles. Part two: Trading: Market Movement Hypothesis; Mechanics of Trading; Confirmation of Principle. Part three: Indicators: Price Bubbles; Trends; Crossovers and Business Cycles; Markov's Marriage Problem; Part four: Money Neurosis. Part five: Annex: Choice of Data; Chart Construction; Statistics; Variance and Standard Deviation; Overbought-Oversold Envelopes; Smoothing Techniques; ISO Currency Codes.

Zusätzliche Informationen

GOR004152532
9780471965725
0471965723
Deciphering the Market: Principles of Chart Reading and Trading Jay Tadion
Gebraucht - Sehr Gut
Gebundene Ausgabe
John Wiley and Sons Ltd
1996-09-27
200
N/A
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