Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications

TECHNICAL ANALYSIS OF THE FINANCIAL MARKETS

JOHN J. MURPHY

"One way to get started in technical analysis is to read a good book on the subject. One of my favorites is Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications by John J. Murphy. It's an easy read."

- Ralph J. Acampora, CMT, Managing Director, Prudential Securities Inc.

"No one in this generation has contributed more to technical analysis than John Murphy.

Through his series of books, he has both opened the door to many and raised the standard for all who use technical analysis. His books should be required reading for everyone in the securities business and are never more than a step away from my desk."

- Gail M. Dudack, Chief Investment Strategist, Warburg Dillon Read

"John Murphy appears to have done it again...only this time in a more contemporary fashion. Technical Analysis of the Financial Markets is a must-read for the novice and the professional and, most important, the Chartered Market Technician (C.M.T.) candidate.

As a longtime point-and-figure chart devotee, I was enthused to see the book's point-and-figure chapter not only cover some of the more popular methods such as Chartcraft and Dorsey Wright, but also explore the usefulness of the original point-and-figure methodology which we practice here at Salomon Smith Barney,"

- Alan R.Shaw,Managing Director, Salomon Smith Barney

Technical Analysis of the Financial Markets expands upon and updates Murphy's classic Technical Analysis of the Futures Markets, Packed with some 400 real-life charts that clarify every key point, it covers:

• The fundamentals of technical analysis and chart construction
• What you must know about trends and the building blocks of chart analysis
• Price patterns, including major reversal and continuation patterns
• Methods of analysis - moving averages, oscillators, contrary opinion, and other indicators
• Time cycles, market interrelationships, money management, and trading tactics Beginners and experienced traders alike will find a wealth of immediately useful information in this authoritative, yet easy-to-follow guide.

Also available: Study Guide for Technical Analysis of the Financial Markets.

Author: John J. Murphy