The Visual Investor: How to Spot Market Trends Tapa dura - 2009 - 2nd Edición

Descripción de contraportada

Visual analysis, also known as technical or chart analysis, is one of the best ways to invest in today's markets--and it's not as hard as you might think. This proven approach allows you to follow almost any market, without having to be an expert on any of them, and it can give you an enormous advantage over those who prefer to use some form of economic or fundamental analysis.

Written in a straightforward and accessible style, this updated guide will introduce you to "visual" investing by explaining a variety of charting techniques that professionals have used for decades, and shows you how specific visual tools can put you in a better position to successfully trade commodities, currencies, bonds, and stocks in both domestic and global financial markets. With the real-world examples and comprehensive charts found here, you'll quickly discover how to:

• Tell the difference between markets that are trending and those that are not
• Locate important breakouts or breakdowns
• Spot significant support and resistance levels
• Implement asset allocation and sector rotation strategies through exchange-traded funds and mutual funds
• Utilize moving averages to keep track of trends
• Incorporate essential price patterns into your investment analysis

Along the way, Murphy takes you through the ins and outs of reading price and volume charts that can help you make sensible investment decisions, and highlights how you can track the ups and downs of financial markets by visually comparing charts--instead of relying upon complex mathematical formulas and confusing technical concepts.