Customer Reviews

Study Guide to Technical Analysis of the Financial Markets

5 star:		(2)
4 star:		(1)
3 star:		(2)
2 star:		(1)
1 star:		(4)

 

 

John Murphy is a market technician with well deserved notoriety. The textbook, Technical Analysis of Financial Markets is excellent, the workbook is garbage. Poor questions, unclear statements and vaguely annotated charts muddle the text. The textbook covers 19 plus chapters, the workbook only goes to chapter 12. Disappointing.

This book is helpful for the readers who read John Murphy's classic. But I feel the questions may be too simple. If you read the text then you can answer most of them. They are not very challanging.

Let me just start by saying that the book Technical Analysis of the Financial Markets by John Murphy is an excellent book; truely a classic which I highly reccomend. However, I found the study guide to be a waste of my time. It is filled with a bunch of quizes which are vaguely worded and won't do you much if any good. I guess they can help you to see how well you comprehended the chapters, but it has no supplemental information or sumaries on important material. It's just a bunch of multiple choice and matching. There was no further understanding of the material in my experience. Save your money, just buy the textbook, not the studyguide.

This self-study manual with "Technical Analysis of the Financial Markets" is the best way to starting studying the technical analysis. This is, without doubt, the Bible!

It's easy-to-follow, step-by-step method leads you through each of the book's chapters and provides objectives that give your reading focus.

This is the second release of John's Book. His first book covered more about the futures market. This 1999 release about the Financial Markets is a must for active investors because it covers cycles, stock market indicators, candlestick charting and much more. What I like about this book is that is offers many charts with detailed explanation. You should also consider Candlestick Charting Explained by his partner Greg Morris.

If you are gong to trade stocks or futures, then you must have a well stock reference library.

---J. Michael Pinson, Founder MarketMavens.com

Murphy is a great writer. he explains the financial markets brilliantly. good companion with technical analysis of the financial markets. its a must have in order to truly comprehend market strategies

I was disappointed. I thought I was buying a paper-back version of the book, Technical Analysis by John Murphy. The covers are very similar. This was my fault, but it did lead to disappointment of purchase. This is not the book I thought I was buying.

This is not a paperback of one of Murphy's texts! Don't be confused. It is a work book to test your comprehension as you read the text. Since I did not have companion text, I did no more than scan this book and have no comment on it's content.

Don't get this, it is some kind of answer book to some unknown questions. You want the other book NOT the STUDY GUIDE. I have to send this back and get the other one that is not the study guide. I'll let you know how that is.

This is a stupid and non-critical book about a non-sense theory. Since the theory is able to predict everything it is completely meaningless!

For example: When the price approaches a support- or resistance- line, it will either bounce back, or, -believe it or not- break through the line. The theory does not even tell which event is most likely!

The java-scripts on my web page
( www.ragnarius.com/en/hokus/index.shtml ) demonstrates that everything the book says about the stock market also applies to random-walks.