The question about how best to start learning technical analysis is one that comes up quite often from new traders. Here’s part of the answer.
Technical Analysis of the Financial Markets is widely considered the bible of technical analysis. Author John J. Murphy is one of the market luminaries. He was highly respected during his years working on television in the early days of CNBC (he overlapped with John Bollinger), especially in being the main pioneer of inter-market analysis. If you’ve been following my posts here for any length of time you will probably have picked up on the fact that inter-market analysis is a major part of what I do in my daily work. John is currently the Chief Technical Analyst for StockCharts.com. I personally consider him one of the best in the business and remember eagerly awaiting his segments when I was a young trader and analyst.
Want to learn from the best?
Then click here and check out a 90-minute seminar Murphy did entitled Applying Technical Methods in Today’s Trading. No matter where you are in your learning curve, I’m sure there’s something useful you’ll be able to take away.