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Author Topic: which charts do you recommand reading for TA  (Read 3574 times)

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Offline mjstyle

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which charts do you recommand reading for TA
« on: March 27, 2008, 10:40:42 PM »
I bought the book Technical analysis of the financial markets by John J.Murpy great book explains everything... but i'm wondering which chart should i concentrate at. There is 3 types.. line, bar, and candlestick I believe the doc uses the candlestick one.. which one do you guys suggest using.. the most effective one? any suggestions?

Dzielak51

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Re: which charts do you recommand reading for TA
« Reply #1 on: March 27, 2008, 10:44:06 PM »
I think the candlestick is the most popular.  Thats what im custom to.

Tommy86

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Re: which charts do you recommand reading for TA
« Reply #2 on: March 27, 2008, 10:44:14 PM »
CANDLESTICKS

there is no other way than candlesticks for doing TA, no doubt!

Offline mjstyle

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Re: which charts do you recommand reading for TA
« Reply #3 on: March 27, 2008, 11:16:59 PM »
thanks guys for the quick response!

Offline Dr PennyStock

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Re: which charts do you recommand reading for TA
« Reply #4 on: March 28, 2008, 10:01:31 AM »
Yes, forget the rest, T/A analysis = candlesticks.
Dr PennyStock

Offline rb122756

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Re: which charts do you recommand reading for TA
« Reply #5 on: March 28, 2008, 07:17:07 PM »
mj,

There is a great book called 'Candlestick Charting Explained' by Greg Morris.  You can probably pick it up used on Amazon for a couple of bucks.  Candlesticks are cool because they show you the mentality of the market during the trading day.

Offline scott

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Re: which charts do you recommand reading for TA
« Reply #6 on: March 29, 2008, 12:07:17 PM »
I would also recommend, "Japanese Candlestick Charting Techniques" by Steve Nison. He was the guy who actually introduced candlestick charts here in the U.S. and the book is very good. Not the cheapest book on the subject, but deals can be had if you look around.

Offline rb122756

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Re: which charts do you recommand reading for TA
« Reply #7 on: March 29, 2008, 12:27:03 PM »
Steve Nison is the main man for Candlesticks.  He's written several books on it.  I like the Morris book because it takes a lot of Nison's teachings and boils it down into one book.