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Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications (New York Institute of Finance)
 
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Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications (New York Institute of Finance) (Hardcover)

by John J. Murphy (Author)
4.9 out of 5 stars See all reviews (14 customer reviews)

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Product details

  • Hardcover: 576 pages
  • Publisher: NYIF; 2nd Revised edition edition (Dec 1998)
  • Language English
  • ISBN-10: 0735200661
  • ISBN-13: 978-0735200661
  • Product Dimensions: 23.9 x 18.3 x 4.6 cm
  • Average Customer Review: 4.9 out of 5 stars See all reviews (14 customer reviews)
  • Amazon.co.uk Sales Rank: 9,769 in Books (See Bestsellers in Books)

    Popular in these categories:

    #3 in  Books > Business, Finance & Law > Professional Finance > Banking
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Product Description

Product Description
For both beginnners and experienced traders, this work describes the concepts of technical analysis and their applications. Murphy interprets the role of the technical forecasters and explains how they apply their techniques to the financial markets.

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Customer Reviews

14 Reviews
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 (12)
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 (2)
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Average Customer Review
4.9 out of 5 stars (14 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

 
17 of 17 people found the following review helpful:
5.0 out of 5 stars John J Murphy, Technical Analysis of The Financial Mrkts, 4 Aug 2003
This is truly excellent book. Suitable for the beginner and the experienced trader. It has been described as the bible, i would not disagree at the very least it is the "first" book that any aspiring trader should read.

Written in a very easy to digest fashion with a very sensible progression, the reader can not only learn techniques, but get a basic outline of all major TA techniques, from which one may decide on a more detailed course of reading that would have otherwise not been possible.

It is a must buy with the "Study Guide" as this gives one the chance to test your command of the subject matter.

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22 of 23 people found the following review helpful:
5.0 out of 5 stars I have not finished it but had to review it NOW, 17 Feb 2001
By A Customer
10 out of 10

I have not finished reading it, I am only 60% of the way through, but I had to write a review NOW to help you decide.

Chances are, the price overwhelms you, and you are looking at many other TA books trying to find an equivalent cheaper one. There aren't any.

This book is worth ever dollar. Many other books make TA seem so complicated, difficult. Furthermore, it gives a much deeper understanding of what it explains, many other books simply tell you something but you don't learn why, how, what to do if there is a variance, etc etc you get the idea.

It is a huge book and very well presented. The graphs are well located to the text, easy to understand, each with its own detailed annotations directly underneath as well as references in the text.

It is recently updated, and might I say ~thoroughly~ updated, it has a section on Japanese Candlesticks which makes obsolete a previous book I bought (by the same author, looks like he pasted most of it in this book). Look at the contents, it covers most everything, including Elliot Wave theory. They have done an excellent job at updating it.

There are other TA "Bible" books out there, classic masterpieces, which are very good, however the recent updates made to this one, combined with its easy to read, learn and wonderful presentation make this the winner.

If you get one book on TA, get this one. It is worth the money. You will save money in three ways:

1. if you get another book instead, you won't have to purchase this one later when you realise how lacking the other one is (or worse, buy several trying to fill knowledge gaps)

2. you will make better trades

3. you will save time, learning faster

I really cannot emphasise how well the concepts are explained. This is a class act all the way, I highly recommend it, I cannot believe there are not 80+ positive reviews, I guess all the other TA people out there either want to keep the knowledge to themselves or are too lazy.

If you already own a previous version of this book, I would even recommend getting this latest one as well.

Also I recommend The Disciplined Trader, Candlesticks by Nison.

Good luck!

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7 of 7 people found the following review helpful:
5.0 out of 5 stars Brilliant and without equal, 2 Dec 2001
By Mr. M. G. Menesse "mickey m" (UK) - See all my reviews
(REAL NAME)   
If anyone has even a slight interest in charting and interpreting stock market movements, then this is the book for you.From novice to expert this book is a must have 10/10.Clear easy reading and not hard to digest,once put into practise it can only improve your trading.
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Most Recent Customer Reviews

5.0 out of 5 stars Excellent
It is the first books that I read on technical analysis. It is one of the most important books in the field of T.A. It is very clear and concise. Read more
Published on 15 April 2007 by N. Maton

5.0 out of 5 stars Essential viewing
Anyone involved in the markets, on any time scale, will verify the fundamental need for Technical Analysis in making trading/investment decisions. Read more
Published on 20 Oct 2003 by A CARVELL

5.0 out of 5 stars No Stubborn Fundamentalist could ever be the same again !!
You dont need a Phd to read it.

He discusses at length the key aspects of Primary,Intermediate and Short-Term trend,Continuation and Reversal patterns (while addtitionally... Read more

Published on 17 Feb 2003

5.0 out of 5 stars Technical Analysis
I have played with Technical Analysis, used various forms of software but never really had much success. This book was suggested by a friend. Read more
Published on 14 Jan 2003 by David Morgan

5.0 out of 5 stars Only technical analysis book you will need
This is an excellent book for both beginners in technical analysis and for people with some knowledge already. Read more
Published on 10 Jan 2001

4.0 out of 5 stars If you want to trade shares, futures you have to read it...
As an accountant and an economist I can not ignore this book. Anyone wishes to engage in trading shares or commodities, I suggest reading this book. Read more
Published on 22 Aug 2000 by endre_beretka@yahoo.com

4.0 out of 5 stars an excellent book if you know something about TA
It is an excellent book if you have some idea as to what technical analysis is.

I was new to technical analysis one year ago and this was the first book I bought. Read more

Published on 27 May 2000

5.0 out of 5 stars So good I distribute it to my students free
As a trader and lecturer in financial markets I have given this book to hundreds of my delegates. It is a great all round reference that is packed with accessible information for... Read more
Published on 2 May 2000

5.0 out of 5 stars The TA/Charting Bible
This is, without doubt, the TA Bible. Essential reading for anyone starting out and also an indispensable reference guide for know-it-alls like me. Read more
Published on 7 Aug 1999

5.0 out of 5 stars Superb
I started studying Technical Analysis about a year ago. John's book was the seventh book I read. I wish it had been the very first. It would have helped tremendously. Read more
Published on 15 Feb 1999

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