Technical Analysis Plain & Simple: Charting the Markets in Your Language [Paperback]

Michael. Kahn (Author)

Book Description

ISBN-10: 0273639870 | ISBN-13: 978-0273639879 | Publication Date: July 15, 1999

This will enable everyone to use technical analysis.

Editorial Reviews

Review

"This book is an excellent primer. As a proponent of the art-versus-science school of technical analysis, his primary focus is on the practical aspects of chart reading and how to translate the intelligence derived from charts into investment decisions. If you have ever wondered what technical analysis is, or how you could get started doing it, this is a good place to start."John Bollinger, CFA, CMT, President, Bollinger Capital Management" "The best introduction to technical analysis there is.I was recommended to read this book during my induction period at a major investment bank. I studied Law at University so I had no idea what Technical Analysis was, until I read this astoundingly simple yet powerful book. Resistance & Support Levels are explained in a way that you will never forget the rationale for them after having read his chapter. This book has saved me from major embarassment in the markets!" "1st Year Analyst at a White Shoe Investment Bank from London", Amazon.com

From the Back Cover

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.

See all Editorial Reviews

Product Details

• Paperback: 240 pages
• Publisher: Financial Times Prentice Hall (July 15, 1999)
• Language: English
• ISBN-10: 0273639870
• ISBN-13: 978-0273639879
• Product Dimensions: 9.2 x 6.2 x 0.8 inches
• Shipping Weight: 15.7 ounces
• Average Customer Review: 3.5 out of 5 stars  See all reviews (6 customer reviews)
• Amazon Best Sellers Rank: #1,078,121 in Books (See Top 100 in Books)

More About the Author

Michael Kahn has been working with charts and technical analysis since 1986 and currently writes the weekly 'Getting Technical' column for Barron's Online. He was formerly Chief Technical Analyst for BridgeNews and a regular on such financial programs as PBS' Nightly Business Report, Yahoo Finance Vision and WebFN. He has written three books on technical analysis, most recently "A Beginner's Guide to Charting the Financial Markets,' and has appeared frequently as an instructor on online schools such as BloombergUniversity.com and WebStreetUniversity.com. Kahn has also served as Director of Marketing for the Market Technicians Association.

Customer Reviews

Most Helpful Customer Reviews

30 of 33 people found the following review helpful:

5.0 out of 5 stars A great primer., January 23, 2000

By A Customer

This review is from: Technical Analysis Plain & Simple: Charting the Markets in Your Language (Paperback)

I have most of the popular TA books, but I saw this at a local store and bought it for a friend -- she doesn't have it yet. It's well written (as one would expect from a Brit.) and has more breadth than depth, as a primer should. You'll need other books of course, but this is the best introduction that I have encountered. One of its greatest virtues is that it does not dwell on technical indicators -- no real TA trader does. (Note that this is the exact opposite of "TA from A-Z", a book that's a terrible introductry text.)

Some of the topics covered are:

Charts, Trends, Patterns

Risk/Reward Setups

Intermarket Analysis

Candlesticks

Technical Indicators

Example Trades: Entries/Exits

15 of 15 people found the following review helpful:

5.0 out of 5 stars Well written, informative, and reader friendly., September 13, 2000

By 

Dr. Gary Blank (New York) - See all my reviews

This review is from: Technical Analysis Plain & Simple: Charting the Markets in Your Language (Paperback)

In this book Michael Kahn clearly explains the practical aspects of technical analysis. I was very impressed by the author's strong financial background, and by his ability to explain technical information in a straightforward understandable way. I found myself looking back at previous successful and unsuccessful trades that I have made, and understanding the reasons behind the outcome. This book taught me principles that I can apply in the market immediately. I highly recommend it.

6 of 7 people found the following review helpful:

5.0 out of 5 stars The best introduction to technical analysis there is., April 4, 2002

By 

1st Year Analyst at a White Shoe Investment Bank (London) - See all my reviews

This review is from: Technical Analysis Plain & Simple: Charting the Markets in Your Language (Paperback)

I was recommended to read this book during my induction period at a major investment bank. I studied Law at University so I had no idea what Technical Analysis was, until I read this astoundingly simple yet powerful book. Resistance & Support Levels are explained in a way that you will never forget the rationale for them after having read his chapter. This book has saved me from major embarassment in the markets!