My 10 Favorite Technical Analysis Books - All Star Charts -By Dheeraj Vaidya Leave a Comment. Top Books. Top 10 Best Technical Analysis Books — Technical analysis is unique in the sense that it foregoes the study of company financials, industry conditions and other information and focuses on price trends to predict future trends. Proponents of technical analysis believe that all of these factors are already accounted for in the stock prices. Technical analysis makes use of charts, graphs and other statistical methods to study historical pricing data and is considered a useful methodology, especially for day traders or short-term investors.
Top 10 Best Technical Analysis Books
Become a Member of All Star Charts. I figured I should just make a list and publish it for everyone to see. Edwards and John Magee — this is without a doubt the bible of Technical Analysis. Technical Analysis of the Financial Markets by John Murphy — for me this is the most easy to read and easy to understand books in the history of technical analysis. I would suggest reading this one first, before getting into Edwards and Magee.
2. Japanese Candlestick Charting Techniques by Steve Nison
Technical Analysis is the most effective and popular decision making tool used by traders in equity, commodity and forex market. Even the investor fraternity too uses Technical Analysis along with conventional Fundamental Analysis to time their entry and exits in the market.
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