If technical analysis is simple, why isn't everyone doing it?
The simple answer is that most technical terms used in charting confuse rather than enlighten investors. This book enables everyone to use technical analysis; providing a full understanding of the theories, terms, risks, and successful application.
Technical analysis looks at actual trades where bulls and bears have put their money where their collective mouths are. There is no revision of data, no ambiguity, and no mystical divining of the future. All market and stock selection is based on current, not past, price performance, the predictable behavior of market participants, and the dynamics between markets over time.
This book will present technical analysis to you in your language and in the order that makes sense to you. Use the first section to get an overall understanding of what technical analysis is all about. Then, taking one chapter at a time, see how it applies to what you are already doing. All the concepts presented in the book can be used to supplement your own original analysis.
Use Technical Analysis: Plain and Simple to learn how to enhance your returns, avoid bad trades, and think in terms of probabilities.