A good & complete TA book

Quote from hypostomus:

..would you please explain why you like TA books, and which? Could be I read all the wrong ones! Thanks. - Mike

isn't he saying he thinks most should be burned?

:confused:
 
...Thunderdog politely expressed his disagreement with my position. I am merely politely asking back why disagrees. It's called dialogue.
 
Quote from hypostomus:

..would you please explain why you like TA books, and which? Could be I read all the wrong ones! Thanks. - Mike


Sorry for the confusion, hypostomus. If you carefully read what I wrote, you will see that I essentially agreed with you in a back-handed way. Indeed, I think that most (though not quite all) TA books are of little or no value. The few that I found marginally useful only gave me some background information to build on from my own study of the markets. In any event, I found much of the theory to be fanciful. Certainly the books on "technical indictors" were not worth the postage I paid, let alone the price. But that is just my opinion.

Regards,

Thunderdog
 
Breakout, That book is great for someone with a foundation in TA and wants to further his education. It's like a encyclopedia of TA almost. It also gives you EL code if you want to learn programing with TS. It has a place in my library and I use it when I hear something and want a quick reference.
 
...my apologies also. I was not prepared for good Southern humor. Once in a great books discussion someone cried out in agony "This discussion is fruitless!" From the other end of the room came the reply (from a cajun) "On the contrary, I think it is full of fruit!" You must learn that if you are going to agree with a mechanical system trader, you must do so explicitly, within the cold rules of logic, leaving no room for misinterpretation, so we can code you up.
 
I'm surprised no-one's mentioned Nison's Candlesticks book.

While TA encompasses every chart style including OHLC bars, etc, candle charts provide a great way for the newbie technician to get going.
 
Quote from hypostomus:

...have none of you TA mavens recommended the excellent book by Velez and Capra?

It's usually preferable to go to the sources, which is this case are the books I mentioned. Everything else is just a variation on the themes presented there.
 
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