Charting Made
Easy by John Murphy
Chart
analysis, and the use of technical analysis, has become extremely
popular during the last decade. Both the internet and the low cost
software packages currently available make learning and applying the
power of chart analysis to trading more accessible than ever to the all
investors.
But as master technician John Murphy points out in his new booklet,
Charting Made Easy, having access to this information is helpful ONLY if
investors and traders know what to DO with it. Investors who learn how
to interpret charts can use them to spot significant trend changes
immediately - allowing them to take advantage of the big opportunities
these shifts present.
Now, two brand new products featuring John Murphy, the former CNBC
"Tech Talk" host, are available to help traders of every
experience level learn how to read, interpret and apply charts for
achieving profitable results - trade after trade..
Charting Made Easy, as the title implies, is a fairly basic introduction
to the world of charting. It is a brief, compact booklet covering the
basics in short, to-the-point chapters. Readers will find everything
from why charting is such an important tool in market timing to …
- recognizing price trends and shifts
in trends
- how to plot daily bar charts
- options basics
- using support and resistance
levels, reversal and continuation patterns, price gaps, moving
averages, oscillators, and the important principal of confirmation.
It is, by no means, a comprehensive
technical analysis resource. But it is a very valuable overview and
introduction to technical analysis - explained in clear, non-technical
language, and illustrated with visual charts. It's a great primer for
newcomers, and a handy refresher guide for more experienced players.
An excellent complement to Charting Made Easy is a new 90 minute
"video" course called "High Probability Chart Reading
with John Murphy." This hands-on tutorial allows viewers to learn
and perfect the most important aspects of technical analysis at their
own pace, in the privacy of their own home - while enjoying the
expertise of a true pro like John Murphy.
And, while it reinforces many of the concepts presented in Charting Made
Easy - it also covers each item in more depth and reveals …
- The price patterns Murphy has found
most reliable over time
- His personal favorite indicators
- The importance of using them in
conjunction with one another
Murphy also explains his pioneering
work in the field of intermarket analysis - a proven analytical approach
based on evaluating the impact different markets have on each other. He
shows traders the ins and outs of trading, supported by real world
examples, while also schooling viewers in the art of reading the markets
by "visually" comparing charts, rather than employing
complicated technical concepts.
As John Murphy himself notes,
"Charts can be used by themselves, or in conjunction with
fundamental analysis. Charts can be used to time entry and exit points
by themselves or in the implementation of fundamental strategies.
Whichever way you choose to employ them, charts can be an extremely
valuable tool - if you know how to use them."
"It's not necessary to be an expert chartist to benefit from chart
analysis. However, chart analysis will go a long way in keeping the
trader on the right side of the market and in helping to pinpoint entry
and exit points, which are so vital to trading success. Whether a
participant is a day trader or a long-term investor - it's to his or her
advantage to learn about chart analysis."
These two new products are an excellent starting point to get a complete
background in learning to read and use charts. And now - for a limited
time only - when you buy John Murphy's video presentation - you can get
Charting Made Easy absolutely free.
Table of Contents:
Introduction
Chapter 1
Why Is Chart Analysis So Important?
Market Timing
Chapter 2
What Is Chart Analysis?
Charts Reveal Price Trends
Types of Charts Available
Any Time Dimension
Chapter 3
How to Plot the Daily Bar Chart
Charts Are Used Primarily to Monitor Trends
Chapter 4
Support and Resistance
Trendlines and Channels
Chapter 5
Reversal and Continuation Price Patterns
Reversal Patterns
The Head and Shoulders
Double and Triple Tops and Bottoms
Saucers and Spikes
Continuation Patterns
Triangles
Flags and Pennants
Chapter 6
Price Gaps
Chapter 7
The Key Reversal Day
Chapter 8
Percentage Retracements
Chapter 9
The Interpretation of Volume
Volume Is an Important Part of Price Patterns
On Balance Volume (OBV)
Plotting OBV
OBV Breakouts
Other Volume Indicators
Chapter 10
Using Different Time Frames for
Short- and Long-Term Views
Using Intraday Charts
Going from the Long Term to the Short Term
Chapter 11
Using A Top-Down Market Approach
The First Step: The Major Market Averages
Difference Averages Measure Different Things
The Second Step: Sectors and Industry Groups
The Third Step: Individual Stocks
Chapter 12
Moving Averages
Popular Moving Averages
Bollinger Bands
Moving Average Convergence Divergence (MACD)
Chapter 13
Oscillators
Relative Strength Index (RSI)
Stochastics
Any Time Dimension
Chapter 14
Ratios and Relative Strength
Sector Ratios
Stock Ratios
Market Ratios
Chapter 15
Options
Option Put/Call Ratio
Contrary Indicator
CBOE Volatility Index (VIX)
Chapter 16
The Principle of Confirmation
Chapter 17
Summary and Conclusion
Recommended Reading
Investing Resource Guide
|
