The best books on technical analysis in the forex and stock markets
Every year more and more books appear about stock trading and its individual aspects, including books on technical analysis.
Therefore, it can be quite difficult for a beginner to choose the right one from the dozens presented, and some of the printed publications are completely misleading.
Therefore, I would like to save the novice trader from long searches and present a small selection of the best, in my opinion, textbooks for mastering technical market analysis.
I myself am not a supporter of complex methods and long calculations, so I will try to include textbooks in the selection that will be understandable to almost anyone.
What books on technical market analysis should I read first?
Let's start with Jack Schwager's book Technical Analysis.
The full course, since it is currently one of the most popular among readers. This is a universal textbook, thanks to which you can quickly learn the basics of technical analysis and master the simplest techniques and methods of market study.
In addition, there is also a section dedicated to the practical application of the skills learned in the first part.
You can download Jack Schwager's book from the link - https://time-forex.com/knigi/tehanaliz-polnyy-kurs
For those who specialize in Forex trading, it will be interesting to read the book by Luke Cornelius, Application of Technical Analysis in the Global Forex Currency Market.
In general, it’s a pretty good option for beginners to study a similar topic; it combines technical and graphical methods of studying the Forex currency market.
And also here you will find the principles of operation of such assistant scripts as oscillators and indicators, and learn the basic principles of their use.
The textbook itself is on this page - https://time-forex.com/knigi/tehanaliz-na-valut-rynkah
Well, the third book that can be recommended is Technical Analysis - a new science written by Thomas R. DeMark.
In my opinion, this is one of the best textbooks for a beginner as it introduces the reader to the main options for studying the market through charts.
In addition, it not only describes the various trend states, but also talks about how to predict price ranges.
Separately, the author focuses on the analysis of such assets as shares and options. You can download the book here - https://time-forex.com/knigi/tehnicheskiy-analiz-novay-nauka
On the site you will find other books on technical market analysis, but I tried to give examples of the ones I personally liked the most.