Technical Analysis Of The Futures Markets: A Comprehensive Guide To Trading Methods And Applications
Download Free (EPUB, PDF)

Covers the philosophy of technical analysis, charting theory, trends, reversal patterns, continuation patterns, commodity indices, averages, oscillators, the Elliott wave theory, time cycles, computers, and trading tactics.

Hardcover: 556 pages

Publisher: Prentice Hall Press (March 3, 1986)

Language: English

ISBN-10: 013898008X

ISBN-13: 978-0138980085

Product Dimensions: 7.5 x 1.7 x 9.5 inches

Shipping Weight: 2.9 pounds

Average Customer Review: 4.4 out of 5 stars  See all reviews (24 customer reviews)

Best Sellers Rank: #122,440 in Books (See Top 100 in Books) #36 in Books > Business & Money > Investing > Futures #45 in Books > Business & Money > Investing > Commodities #79 in Books > Textbooks > Business & Finance > Investments & Securities

Murphy has written a very good reference book, useful for brushing up on the finer points of charting, indicators and so forth. He also does a good job of going over the various technical theories with a straight face, neither endorsing favorites nor casting ridicule on the ones that are more logically suspect (ahem, cough, gann-elliott-fibonacci, cough cough).The only thing I really took issue with was Murphy's habit of trying to predict the size and extent of price moves, rather than sticking with more general observations regarding momentum and overall movement.Looking for something to happen before there is evidence of its arrival is a dangerous game for technical players, methinks. To devotees of the approach, a friendly warning -- be careful not to become a fundamentechnicalyst. Meaning, always keep in mind that effective technical analysis highlights probability rather than makes predictions.Since I just made up the word for this review, I'll now throw in the definition: A "fundamentechnicalyst" is one who makes predictions, just like the run of the mill fundamental analyst does... except the fundamentechnicalyst is making predictions based on technicals -- chart patterns and various indicators, rather than supply and demand, weather, politics, etcetera.In giving advance notice of how the movie is going to end, the approaches have similarity in their folly. The answer (in my opinion) is to not say, "aha! because of pattern ABC, result XYZ must now occur...."Instead, `tis better to say, "aha! because of pattern ABC, there is a favorable probability that XYZ could occur.

Technical Analysis of the Futures Markets: A Comprehensive Guide to Trading Methods and Applications Options Trading: A CherryTree Style Trading Book(Options Trading,Options Trading for Beginners,options trading guide,options trading tips,binary options trading,trading options,option strategies) Day Trading Strategies: A Beginners Guide To Day Trading (Day Trading, Trading, Day Trading Strategies,Day Trading Books,Day Trading For Beginners,Day Trading Stocks,Options Book 1) Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications (New York Institute of Finance) A Complete Guide to the Futures Markets: Fundamental Analysis, Technical Analysis, Trading, Spreads, and Options The complete guide to the futures markets. Fundamental analysis, technical analysis, trading, spreads, and options. TRADING: Intermediate, Advanced, Tips & Tricks and Strategy Guide to Crash It with Day Trading - Day Trading Bible (Day Trading, Trading Strategies, Option Trading, Forex, Binary Option, Penny Stock) DAY TRADING for EXPERT: Intermediate and Advanced Guide to Crash It with Day Trading - Day Trading Bible (Day Trading, Stock Exchange, Trading Strategies, Option Trading, Forex, Binary Option) Day Trading: A Beginner's Guide To Day Trading - Learn The Day Trading Basics To Building Riches (Day Trading, Day Trading For Beginner's, Day Trading Strategies Book 1) Day Trading: Day Trading for Beginners - Options Trading and Stock Trading Explained: Day Trading Basics and Day Trading Strategies (Do's and Don'ts and the Small Letters) - 3rd Edition Day Trading: Day Trading for Beginners - Options Trading and Stock Trading Explained: Day Trading Basics and Day Trading Strategies (Do's and Don'ts and the Small Letters) Forex: Using Fundamental Analysis & Fundamental Trading Techniques to maximize your Gains. (Forex, Forex Trading, Forex Strategy, Forex Trading Strategies, ... Forex Trading Books, Trading Strategies) E-Mini Futures Trading: Your Complete, Step-by-Step Guide to Trading E-Mini Futures Contracts Trading: 6 Manuscripts + 8 Bonus Books - Forex Guide, Day Trading Guide, Options Trading Guide, Forex Strategies, Day Trading Strategies, Options Trading Strategies Options Trading: QuickStart Guide - The Simplified Beginner's Guide to Options Trading (Options Trading, Trading Options, Options Trading for Beginners) Forex Trading: A CT Style Guide(Forex,Currency Trading,Forex for beginners,forex trading strategies,forex scalping,forex day trading,forex algorithmic trading,forex guide,forex investing) Technical Traders Guide to Computer Analysis of the Futures Markets Stock Trading: The Definitive Beginner's Guide - Make Money Trading The Stock Market Like A Pro (Stock Trading, Stock Trading For Beginners, Stock Trading Strategies, Investing Basics) Day Trading: Trading Guide: Make Money on Stocks, Options & Forex (Trading, Day Trading, Stock, Options, Trading Strategies) Forex: Do's And Don'ts To Make Money Online Trading (Foreign Exchange, Currency Trading, Forex Trading, Investing, Trading Strategies, Options Trading, Make Money Online)