If you enjoy the following list of technical analysis books, be sure to check out our other lists on the best books for day trading and the best forex trading books. Such is the practice and study of Japanese candlestick charting.The book will educate traders on how to watch for early signals that reversals could be ahead using candlesticks, and explain the meaning of many types of different candlesticks, such as the doji, or an engulfing candle.Traders already familiar with the basic concepts of technical analysis may find themselves enjoying this deep dive into the world of chart patterns. Bulkowski has studied thousands upon thousands of price charts and done extensive detailed statistical analysis of the performance of the chart patterns identified.In this more advanced look into chart patterns, traders will learn how to identify patterns, know when they are failing or confirming, plan entries and profit take zones, and much more.
It speaks to the fact that the smartest traders often take positions before the rest of the pack follows, and there can be early signs of this occurring, not in price action, but in the volume of an asset traded.This book explains how certain spikes in trading volume could signal a reversal is coming, and looks at how volume expansion is often necessary for trends to continue.This book teaches traders how to take full advantage of the tool to plot support and resistance, spot trend reversals, and much more using the technical analysis indicator.This is a very often overlooked but incredibly helpful trading strategy considered one of the secrets of the trading world.The book serves as a detailed explanation of how to implement this method into your daily trading straggles, how to fill out boxes, understanding patterns, and even lesser known techniques such as adding indicators such as Bollinger Bands or moving averages on Point and Figure charts.Confused by some of the terms used above, such as Relative Strength Index, Ichimoku clouds, or the MACD? You are solely responsible for withholding, collecting, reporting, paying, settling and/or remitting any and all taxes to the appropriate tax authorities in such jurisdiction(s) in which You may be liable to pay tax. All investments involve risk, losses may exceed the principal invested. The major…The cryptocurrency market continues to be mostly flat, thanks to primary market movers Bitcoin and Ethereum ranging sideways for several…INVESTING IS RISKY, DO SO AT YOUR OWN RISK AND WE ADVISE PEOPLE TO NEVER INVEST MORE MONEY THAN THEY CAN AFFORD TO LOSE. Steve Nison is an expert on Japanese candlesticks and has a knack for explaining them in a clear and easily understood way. This book by Connie Brown is your first major step toward trading in the big leagues and learning the techniques used by institutional investors.While earlier books in this list were introductions to basic concepts only, this book introduces traders to a vast array of advanced techniques including Elliot Wave Theory, Fibonacci projections, the relative strength index, Gann analysis, and much more.Another entry in this list from Martin Pring, Investment Psychology Explained digs into what traders are thinking and feeling behind each and every market movement, and explores a trader’s own emotions and teaches them how to remain stoic despite any market condition.The book teaches traders about how to prevent emotions from interring with judgment the making trades, thus avoiding FOMO-driven news events, and knowing when to go against the crowd when sentiment is at extremes, as well as many more psychology-based strategies.The book’s author is also the creator of the Bloomberg Weekly Technical Strategy Report, an exclusive newsletter for Bloomberg customers, and the chair of the New York region for the Market Technicians Association.