Integrated Technical Analysis [Hardcover]

Ian Copsey (Author)

Book Description

ISBN-10: 0471825395 | ISBN-13: 978-0471825395 | Publication Date: May 14, 1999 | Edition: 1

Integrated Technical Analysis Technical Analysis is usually learned as a series of unconnected and often conflicting techniques. In this groundbreaking book, Ian Copsey demonstrates how a combination of Elliott Wave, cycles and momentum analysis can be integrated to provide a set of signals leading to more powerful forecasts. Both private and professional investors can have difficulty in selecting and synthesizing various technical tools. Integrated Technical Analysis shows how different ideas can be integrated on multiple time frames to enhance the overall process and provide a more solid forecasting platform. The author's ideas have been developed over many years. Copsey's knowledge of the markets and his trading experience ensures that the book abounds with practical trading examples, numerous charts and a down-to-earth view of market activity. A must read for anyone looking to broaden their conceptual knowledge of the subject and to fine-tune their analysis of the market. "There is a real lack of easily accessible and practical books on using Elliott Wave Theory in combination with basic technical analysis. The essential concept of the book is a valuable contribution to the subject. It also fills a void, in that it deals at length with practical aspects." -Colin Nicholson President Australian Technical Analysts Association

Editorial Reviews

From the Inside Flap

Integrated Technical Analysis documents how a combination of Elliott Wave, cycles and momentum analysis can be integrated to provide a set of signals leading to more powerful forecasts. Contents Include
* Chart Construction and Basic Price Behavior
* Moving Averages
* Momentum Indicators
* Manipulating Preprogrammed Momentum Indicators
* The Elliott Wave Principle
* Elliott Wave-Pitfalls and Tips
* Cycle Analysis
* Cycles: Hints and Tips
* Integrating Analysis Techniques

From the Back Cover

Integrated Technical Analysis Technical Analysis is usually learned as a series of unconnected and often conflicting techniques. In this groundbreaking book, Ian Copsey demonstrates how a combination of Elliott Wave, cycles and momentum analysis can be integrated to provide a set of signals leading to more powerful forecasts. Both private and professional investors can have difficulty in selecting and synthesizing various technical tools. Integrated Technical Analysis shows how different ideas can be integrated on multiple time frames to enhance the overall process and provide a more solid forecasting platform. The author's ideas have been developed over many years. Copsey's knowledge of the markets and his trading experience ensures that the book abounds with practical trading examples, numerous charts and a down-to-earth view of market activity. A must read for anyone looking to broaden their conceptual knowledge of the subject and to fine-tune their analysis of the market. "There is a real lack of easily accessible and practical books on using Elliott Wave Theory in combination with basic technical analysis. The essential concept of the book is a valuable contribution to the subject. It also fills a void, in that it deals at length with practical aspects." -Colin Nicholson President Australian Technical Analysts Association

See all Editorial Reviews

Product Details

• Hardcover: 314 pages
• Publisher: Wiley; 1 edition (May 14, 1999)
• Language: English
• ISBN-10: 0471825395
• ISBN-13: 978-0471825395
• Product Dimensions: 9 x 6.3 x 1.2 inches
• Shipping Weight: 1.6 pounds
• Average Customer Review: 4.7 out of 5 stars  See all reviews (9 customer reviews)
• Amazon Best Sellers Rank: #2,197,714 in Books (See Top 100 in Books)

More About the Author

Ian Copsey has worked in financial markets for over 28 years, beginning his career in Barclays Bank's head office foreign exchange trading room in 1982. In 1988 he moved to Hong Kong to head the corporate sales desk for Barclays and it was there that he found his true vocation as a natural analyst. After Hong Kong he moved to Tokyo as a technical analyst specialist for Dow Jones Telerate and later became the regional manager for technical analysis products following the acquisition of Telerate by Bridge Information Systems. He has been a keen Elliott Wave practitioner for his 21 years as a technical analyst but was always aware that there was a piece missing from the jigsaw. He finally found the missing link which he describes in his book Harmonic Elliott Wave.

Customer Reviews

Most Helpful Customer Reviews

12 of 13 people found the following review helpful:

3.0 out of 5 stars Bad Elliot reference; poor attempt at integrated analysis;, September 27, 1999

By A Customer

This review is from: Integrated Technical Analysis (Hardcover)

Copsey does a very good job of handling momentum and trend indicators. However, his explanation of Elliot wave theory and wave counting is poorly organized, presented to the reader in a confusing manner, and made more complex than it has to be.

He first describes that a complete cycle consists of 5 waves up and 3 waves down. Next thing you know he is telling us about a 5 wave down trend, which seemed contradictory to the introduction. The different patterns should have been given at the beginning instead of thrown at us with no explanation and no connection to the basic 5-3 move. His explanations of extended movements read like stereo instructions. It was made too complex for what it is. In fact, he stated that it would take several years to fully grasp Elliot wave counting theory. Why of course it would, if Copsey is the instructor! He should try to make it simplier! He made extended wave counts cumbersome and the intent looked to scare rathar than inform. Cycle analysis wasn't much better. I give credit to the author for atleast describing the basic indicators very well and for trying to propose an "integrated method." But it is unfortunate that out of a 302 pages of text there is only a little more than 20% of it dedicated to integrated analysis. I have to believe that there are other books that explain Elliot better. The sad thing is, this book is supposed to be about integrated analysis, not hacked up Elliot wave count theory.

If it wans't for his very good explanations about the momentum and trend indicators I would have rated this book lower than three stars.

6 of 6 people found the following review helpful:

5.0 out of 5 stars Refreshing and insightful approach, March 14, 2000

By A Customer

This review is from: Integrated Technical Analysis (Hardcover)

Having spent twenty years trading in the market myself it was refreshing to see Copsey's down to earth approach. Moving through from some of the basics of Technical Analysis such as Chart construction and various uses of Averages, to Indicators and Elliot Wave Theory. Clear explanations with good examples shows not only Copsey's depth of understanding of the subject, but more importantly for the reader the application of "theory" in the real world. It is this "real world" application which leads to the approach of integrated analysis. Elliott Wave analysis is notoriously difficult to apply correctly, consistently and leads many to give up in frustration, however Copsey's approach to use different analytical tools to complement Wave Theory should help would-be Wave enthusiasts (especially in their early years). The final Chapter works through some excellent examples where the Author's own chosen combination of technical tools are applied, this part of the book I found most"~ valuable.

4 of 4 people found the following review helpful:

5.0 out of 5 stars Solid Technicial Analysis, September 14, 2000

By 

Bennett McDowell - See all my reviews

This review is from: Integrated Technical Analysis (Hardcover)

I have been using the Elliott Wave now for many years and find it very helpful and insightful into dealing with the market's underlying emotional structure. I use a combination of momentum and Elliott Wave to short term trade the markets. Ian Copsey's introduction into using the markets rhythem as well in terms of cycles is of great interest.

Technical Analysis does take time to learn as the author states and I feel his book points Traders in the right direction. Well written with very clear concepts.

Bennett McDowell Of "TradersCoach.com"