Preface | p. ix |
Introduction | p. 1 |
Technical Analysis Basics | p. 9 |
Why Electronic Direct Access Trading? | p. 9 |
The Sea of Money: Where Are We? | p. 13 |
Technical Analysis Defined | p. 20 |
Resistance and Support Levels | p. 24 |
Technical versus Fundamental Analysis | p. 35 |
The Efficient-Market Hypothesis, Fundamental Analysis, and Technical Analysis | p. 35 |
The Efficient-Market Hypothesis | p. 42 |
Evidence on EMH | p. 46 |
Technical Analysis | p. 50 |
Fundamental Analysis | p. 54 |
Expected Growth Rate of a Company | |
Standard Company Financial Indicators | |
Expected Dividend Payouts | |
Riskiness | |
Aggregate Market Conditions | |
Conclusion | p. 60 |
Price Formations and Pattern Completion | p. 63 |
Techniques for Determining Trends in Market Prices | p. 63 |
Discerning the Movement of Stock Prices and the Trend | p. 65 |
Trend Observation in Data | p. 69 |
Reversal Formations | p. 73 |
Head and Shoulders Formations | p. 75 |
Volume | p. 79 |
Gaps | p. 81 |
Broadening Formations | p. 83 |
Double Tops, Double Bottoms, Triple Tops, and Triple Bottoms | p. 85 |
Saucers | p. 87 |
Rounded Tops | p. 87 |
Triangles | p. 88 |
Flags | p. 91 |
Pennants | p. 93 |
Wedges | p. 93 |
Conclusion | p. 94 |
The Dow Theory | p. 95 |
The Three Price Trends | p. 100 |
Primary Trend | |
Secondary Trend | |
Minor Trends | |
The DJIA and DJTA Must Confirm | p. 110 |
Volume Follows the Primary Trend | p. 114 |
Other Concepts and Some Concluding Thoughts | p. 116 |
Moving Averages, Momentum, and Market Swings | p. 119 |
Moving Averages | p. 119 |
Time Span and Moving Averages | p. 126 |
Weighted Moving Averages | p. 129 |
Moving Averages and Sideways-Trending Markets | p. 132 |
Envelopes and Bollinger Bands | p. 133 |
Momentum | p. 137 |
Rate of Change | |
Advance-Decline Line | |
Relative Strength Indicator | |
Accumulation-Distribution and On-Balance Volume | |
Moving Average Convergence-Divergence | |
Arms Index | |
Elliott Wave Theory | p. 147 |
Main Principles of the Elliott Wave Theory | p. 149 |
Wave Levels | p. 153 |
Fibonacci Numbers | p. 154 |
Forecasting with the Elliott Wave Theory: A Simple Example | p. 155 |
Impulsive Waves | p. 157 |
Impulses | |
Diagonal Triangles/Wedges | |
Corrective Waves | p. 160 |
Zigzags | |
Flats | |
Triangles | |
Double Threes and Triple Threes | |
Alternation | p. 166 |
Channeling | p. 166 |
Volume | p. 168 |
Reading Waves Right | p. 170 |
Ratios among Waves | p. 174 |
Timing and Fibonacci Numbers | p. 176 |
Concluding Thoughts on Wave Theory | p. 177 |
Questions and Answers | p. 179 |
Glossary | p. 205 |
Index | p. 213 |
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