Technical Analysis of Stock Trends, Ninth Edition (Technical Analysis of Stock Trends)

«Technical Analysis of Stock Trends» was the first book to produce a methodology for interpreting the predictable behavior of investors and markets. It revolutionized technical investment approaches and showed traders and investors how to make money regardless of what the market is doing. Now in its ninth edition, the book remains the benchmark by which all other investment methodologies are measured. Front cover......Page 1 Preface to the 9th Edition......Page 6 Preface to the Eighth Edition......Page 10 About the Editorial Practices in This Eighth Edition......Page 16 Acknowledgments......Page 22 In Memoriam......Page 24 Preface to the Seventh Edition......Page 26 Preface to the Fifth Edition......Page 30 Preface to the Fourth Edition......Page 32 Preface to the Second Edition......Page 34 Foreword......Page 36 Contents......Page 38 part one: Technical Theory......Page 46 chapter one. The Technical Approach to Trading and Investing......Page 48 chapter two. Charts......Page 54 chapter three. The Dow Theory......Page 58 chapter four. The Dow Theory in Practice......Page 70 chapter five. The Dow Theory's Defects......Page 86 chapter 5.1. The Dow Theory in the 20th and 21st Centuries......Page 90 chapter six. Important Reversal Patterns......Page 100 chapter seven. Important Reversal Patterns-Continued......Page 120 chapter eight. Important Reversal Patterns-The Triangles......Page 144 chapter nine. Important Reversal Patterns-Continued......Page 174 chapter ten. Other Reversal Phenomena......Page 196 chapter 10.1. Short-Term Phenomena of Potential Importance......Page 226 chapter eleven. Consolidation Formations......Page 234 chapter twelve. Gaps......Page 256 chapter thirteen. Support and Resistance......Page 276 chapter fourteen. Trendlines and Channels......Page 298 chapter fifteen. Major Trendlines......Page 326 chapter 15.1. Trading the Averages in the 21st Century......Page 340 chapter sixteen. Technical Analysis of Commodity Charts......Page 346 chapter 16.1. Technical Analysis of Commodity Charts, Part 2: A 21st Century Perspective......Page 352 chapter seventeen. A Summary and Some Concluding Comments......Page 364 chapter 17.1. Technical Analysis and Technology in the 21st Century: The Computer and the Internet, Tools of the Investment/Information Revolution......Page 370 chapter 17.2. Advancements in Investment Technology......Page 378 part two. Trading Tactics......Page 400 chapter eighteen. The Tactical Problems......Page 404 chapter 18.1. Strategy and Tactics for the Long-Term Investor......Page 412 chapter nineteen. The All-Important Details......Page 420 chapter twenty. The Kind of Stocks We Want-The Speculator's Viewpoint......Page 424 chapter 20.1. The Kind of Stocks We Want-The Long-Term Investor's Viewpoint......Page 428 chapter twenty-one. Selection of Stocks to Chart......Page 436 chapter twenty-two. Selection of Stocks to Chart-Continued......Page 440 chapter twenty-three. Choosing and Managing High-Risk Stocks: Tulip Stocks, Internet Sector, and Speculative Frenzies......Page 446 chapter twenty-four. The Probable Moves of Your Stocks......Page 464 chapter twenty-five. Two Touchy Questions......Page 470 chapter twenty-six. Round Lots or Odd Lots? (EN: Or, Put Another Way, Size?)......Page 478 chapter twenty-seven. Stop Orders......Page 480 chapter twenty-eight. What Is a Bottom-What Is a Top?......Page 486 chapter 28.1. Basing Points - A Case Analyzed......Page 491 chapter twenty-nine. Trendlines in Action......Page 496 chapter thirty. Use of Support and Resistance......Page 506 chapter thirty-one. Not All in One Basket......Page 512 chapter thirty-two. Measuring Implications in Technical Chart Patterns......Page 514 chapter thirty-three. Tactical Review of Chart Action......Page 518 chapter thirty-four. A Quick Summation of Tactical Methods......Page 546 chapter thirty-five. Effect of Technical Trading on Market Action......Page 550 chapter thirty-six. Automated Trendline: The Moving Average......Page 552 chapter thirty-seven. "The Same Old Patterns"......Page 558 chapter thirty-eight. Balanced and Diversified......Page 622 chapter thirty-nine. Trial and Error......Page 630 chapter forty. How Much Capital to Use in Trading......Page 632 chapter forty-one. Applications of Capital in Practice......Page 636 chapter forty-two. Portfolio Risk Management*......Page 642 chapter forty-three. Stick to Your Guns......Page 654 appendix A......Page 656 appendix B......Page 674 appendix C......Page 684 appendix D......Page 714 appendix E......Page 726 List of Illustrations and Text Diagrams......Page 748 Alphabetic Index of Stock Charts......Page 767 Glossary......Page 788 Bibliography......Page 814 Index......Page 818 Preface to the ninth edition Preface to the eighth edition In memoriam Prefaces to previous editions PART 1: TECHNICAL THEORY. The technical approach to trading and investing Charts The Dow theory The Dow theory in practice The Dow theory's defects The Dow theory in the 20th and 21st centuries Important reversal patterns Important reversal patterns- continued Important reversal patterns- the triangles Important reversal patterns- continued Other reversal phenomena Short-term phenomena of potential importance Consolidation formations Gaps Support and resistance Trendlines and channels Major trendlines Trading the averages in the 21st century Technical analysis of commodity charts Technical analysis of commodity charts, part 2 A summary and some concluding comments Technical analysis and technology in the 21st century: the computer and the Internet, tools of the investment/information revolution Advancements in investment technology PART 2: TRADING TACTICS. Midword The tactical problem Strategy and tactics for the long-term investor The all-important details The kind of stocks we want- the speculator's viewpoint The kind of stocks we want- the long-term investor's viewpoint Selection of stocks to chart Selection of stocks to chart- continued Choosing and managing high-risk stocks: tulip stocks, Internet sector, and speculative frenzies The probable moves of your stocks Two touchy questions Round lots or odd lots? Stop orders What is a bottom- what is a top? Basing point case analyzed, illustrated Trendlines in action Use of support and resistance Not all in one basket Measuring implications in technical chart patterns Tactical review of chart action A quick summation of tactical methods Effect of technical trading on market action Automated trendline: the moving average "The same old patterns" Balanced and diversified Trial and error How much capital to use in trading Application of capital in practice Portfolio risk management Stick to your guns APPENDIX A. CHAPTERS A-D. The probable moves of your stocks (Chapter 24 from the seventh edition) A discussion of composite leverage (Chapter 42 from the seventh edition) Normal range-for-price indexes (Appendix B, fifth edition) Sensitivity indexes of stocks (Appendix C, fifth edition) APPENDIX B. APPENDIX C. TECHNICAL ANALYSIS OF FUTURES CHARTS (CHAPTER 16 FROM THE SEVENTH EDITION BY RICHARD MCDERMOTT) APPENDIX D. RESOURCES. APPENDIX E. EXAMPLE OF TRADING MANUAL: ORIGINAL TURTLE TRADING SYSTEMS AND PROCEDURES

based On The Research And Experience Of Dow, Schabacker, And Edwards, technical Analysis Of Stock Trends, Ninth Edition presents Proven Techniques, Methods, And Procedures For Success, Even In Today’s Unpredictable Markets.

new And Updated Material On

• dow Theory And Long Term Investing, Including New Tables Of Performance And Risk
• magee’s Basing Points Procedure, A Previously Little Noticed Gem
• the Use Of Edwards And Magee’s Methodology In The Futures And Commodities Area
• the Turtle Systems And Procedures Manual For Futures Trading
• more Than 25 New Charts, Each An Analysis And Trading Lesson In Itself For The Modern Context
• innovative Connection To Internet Material Which Makes The Book Easier And More Informative To Use At Edwards-magee.com

this Irreplaceable Guide Presents A Current Perspective While Maintaining The Time Proven Material Of The Previous Editions. Technical Analysis Of Stock Trends, Ninth Edition features Updated And To The Moment Material On Pragmatic Portfolio Theory, Entry And Stop Setting Procedures At All Fractal Scales And Includes Strategic And Tactical Procedures And Techniques.

Based on the research and experience of Dow, Schabacker, and Edwards, "Technical Analysis of Stock Trends, Ninth Edition" presents proven techniques, methods, and procedures for success, even in today's unpredictable markets. This title includes key feature such as: new and updated material on Dow Theory and long term investing, including new tables of performance and risk Magee's Basing Points Procedure, a previously little noticed gem; the use of Edwards and Magee's methodology in the futures and commodities area; the Turtle systems and procedures manual for futures trading; more than 25 new charts, each an analysis and trading lesson in itself for the modern context; innovative connection to internet material which makes the book easier and more informative to use at edwards-magee.com. This irreplaceable guide presents a current perspective while maintaining the time proven material of the previous editions."Technical Analysis of Stock Trends, Ninth Edition" features updated and to the moment material on Pragmatic Portfolio Theory, entry and stop setting procedures at all fractal scales and includes strategic and tactical procedures and techniques Based on extensive research and experience, Technical Analysis of Stock Trends offers proven trading and investing techniques for success, even in today's unpredictable market. This ninth edition features updated modern context material with new markets, technology, and situations, including related tactical procedures and techniques as well as additional information on Internet tools useful to Magee type practitioners . It expands material on the three-days-away procedures and short and very short term market analysis. It updates Dow Theory with extended comments from the modern point of view and from the modern Magee point of view. It also included an updated resources appendix and glossary Includes material on Dow Theory and long term investing, including tables of performance and risk Magee's Basing Points Procedure. This book contains material on Pragmatic Portfolio Theory, entry and stop setting procedures at various fractal scales and includes strategic and tactical procedures and techniques This is a classic book that shows how to use technical analysis to understand the stock market. The information contained in this book is widely accepted as being a foundation for studying technical analysis of the stock market.