.....Just close this window when you've finished.....

mindthemarkets.com.au

Some
REFERENCES
(with an Australian bias)
+
Equis' recommendations on various aspects of Technical Analysis

AUTHOR

TITLE

PUBLICATION

COMMENTS

Bauer, Richard J. & Dahliquist, Julie R. Technical market indicators. Analysis & performance John Wiley & Sons, Inc. NY. 1999.
ISBN 0-471-19721-1
A reasonably unbiased study of the performance of 60 different technical analysis indicators mostly summarised in the form of tables.
Colby, Robert W.; & Meyers, Thomas A. The Encyclopedia of Technical Market Indicators Down Jones-Irwin; Homewood, IL 1988. Excellent overview including more esoteric techniques such as by Bradley, for example.
Cork, David & Lightstone, Susan. The pig in the python Prima Publishing, 1998. Rocklin, CA.
ISBN 0 7615 1275 6
Subtitle: How to prosper from the aging baby-boom. A good read which puts a useful focus on "stock picking". American but still relevant.
Douglas, Mark Trading in the Zone NY Institute of Finance, NY. 2000. ISBN 0 7352-0144-7 Subtitle: Master the Market wih Confidence, Discipline and a winning attitude. Although you could be forgiven for concluding from this subtitle that this book is probably bit suspiciously close to wanky, it is simply one of the best I've ever read on the psychology of trading.
English, John. Australian stock market investor Allen & Unwin, 1997. Syd.
ISBN 1 86448 614 7
Good introduction to the markets, focussed on Oz. Deals with fundamental analysis as well as elementary TA. Also risk-return, options etc. A bit optimistic.
Francis, Jack Clark Management of Investments McGraw-Hill, Internat. Edition, 1993, NY, Singapore. ISBN 0-07-112955-3 A Thorough exposition of investment theories with lots of examples. Well organised, easy to find your way around and not too esoteric.
Guppy, Daryl. Chart Trading Wrightbooks Pty Ltd 1999. Elsternwick, Vic.
ISBN 1 876627 13 1
Daryl's a trader with a major interest in Australian mining stocks. Sometimes inciteful description on understanding herds/crowds. Covers major indicators.
Guppy, Daryl. Bear Trading Wrightbooks Pty Ltd 2000. Elsternwick, Vic.
ISBN 1 876627 36 0
Dispite the general title the book mainly focusses on the trading of warrants; there's very little on options and nothing on futures. Still a good read with techniques application to anything that can be shorted.
Murphy, John Technical Analysis of the Financial Markets NY Institute of Finance, NY. 1999. ISBN 0 7352-0066-1 An easy read comprehensive introduction to technical analysis from the fundamentals through trend and price patterns, analysis methods such as moving averages and oscillators with somesound elementary money management and trading tactics techniques.
Peters, Edgar E. Chaos and order in the capital markets John Wiley & Sons, Inc. NY. 1991.
ISBN 0-471-53372-6
Subtitle: A new view of Cycles, Prices and market volatility. A good introduction to the application of chaos theory to understanding market action. Readable but profound. Relevant to all markets.
Renton, N.E. Understanding the stock exchange Information Australia. Melb.
1989. (3rd edition)
ACN 006 042 173
That's the Australian Stock Exchange (ASX). A BRW business library recommendation. Well written if a bit dull. An excellent index for quick referencing.
Taleb, Nassim Nicholas. Fooled By Randomness Textere LLC, NY, 2001.
ISBN 1-58799-071-7
Subtitle: The Hidden Role of Chance in the Markets and in Life. This book is about luck and how luck can be mistaken for skill. Written by a self-opinionated options trader with many years of trading experience, he doesn't suffer fools lightly, including his own occasional slips into self-delusion about the vagaries of the Goddess Fortuna. Many interesting and useful ideas about how not to 'blow-up' your trading bank. Actually very perceptive.


The following books were used by the Equis Corporation for the Interpretation of Indicators and Line Studies chapter of the Metastock manual.
Equis also recommends these books to those needing additional information on technical analysis.
For additional information on books, videos, software and other educational materials, check out the EQUISDirect catalog on their web site at
http://www.equis.com.

Achelis, Steven B. Technical Analysis from A to Z. Chicago, IL: Probus Publishing Company, 1995.

Written by the president and founder of Equis International. This book contains an introduction to technical analysis, plus a complete reference to over 100 indicators and studies.

A thorough look at moving average trading systems, timing market cycles, the 12-day Rate-Of-Change, etc.
Appel, Gerald and Hitschler, Fred. Stock Market Trading Systems. Homewood, IL: Dow Jones-Irwin, 1980.


The MACD from its creator.
Appel, Gerald. The Moving Average Convergence-Divergence Method. Great Neck, NY: Signalert, 1979.


Equivolume charting method, volume cycles, and the ease of movement indicator.
Arms, Richard W., Jr. Volume Cycles in the Stock Market. Salt Lake City, UT: Equis International, Inc., 1994.

Explains the Black/Scholes option calculations used in MetaStock.
Bookstaber, Richard. The Complete Investment Book. Glenview, Illinois: Scott, Foresman and Company, 1985.


A book describing a new statistically- based breed of price-based, and risk control indicators.
Chande, Tushar S and Stanley Kroll. The New Technical Trader. New York: Wiley, 1994.


Cohen, A.W. How To Use The Three-Point Reversal Method of Point & Figure Stock Market Trading. Larchmont, NU: Chartcraft, 1984.
A detailed book on point & figure chart interpretation.

Dobson, Edward D. Understanding Fibonacci Numbers. Greenville, SC: Traders Press, 1984.
A brief overview of Fibonacci numbers. Contains an extensive bibliography.

Edwards, Robert D. and Magee, John. Technical Analysis of Stock Trends. Sixth Edition. Boston, MA: John Magee, Inc., 1992. (Distributed by New York Institute of Finance.)
Explains trendlines and chart patterns.

Eng, William F. The Technical Analysis of Stocks, Options, & Futures. Chicago, IL: Probus Publishing,1988.

Granville, Joseph E. New Strategy of Daily Stock Market Timing for Maximum Profit. Englewood Cliffs, NJ: Prentice-Hall, 1976.
A book from the inventor of On Balance Volume. Mr. Granville has earned a bearish reputation, but his technical tools remain valid.

Kaufman, Perry J. Commodity Trading Systems and Methods. New York: Wiley, 1978.
A serious book for the serious technician. While not required, a strong background in mathematics is helpful when reading this book.

Lebeau, Charles, and David Lucas. Technical Trader's Guide to Computer Analysis of the Futures Market. Homewood, IL: Business One Irwin, 1991.
An excellent book that shows the historical performance of popular technical indicators and oscillators.

Leibovit, Mark A. Using the Volume Reversal Survey in Market Analysis (520-282-1275).
This pamphlet provides information on some of the pattern finding functions in the MetaStock formula language (i.e., Inside, Outside, Rally, and Reaction).

Merrill, Arthur A. Filtered Waves-Basic Theory. Chappaqua, NY: The Analysis Press, 1977.
This is an entire book about the Zig Zag indicator. It is available from: Technical Trends. John R. McGinley, Jr., P.O. Box 792, Wilton, CT 06897

Murphy, John J. Technical Analysis of the Futures Markets. New York, NY: New York Institute of Finance, 1986.
One of the best single sources of information on technical analysis. You don't have to trade commodities for this book to be valuable.

Natenberg, Sheldon. Option Volatility and Pricing Strategies. Chicago, IL: Probus Publishing Company, 1988.
Explains the Black/Scholes option calculations used in MetaStock.

Nison, Steven. Japanese Candlestick Charting Techniques. New York, NY: New York Institute of Finance, 1991.
Explains how to use and interpret Candlestick charts.

Nison, Steven. Beyond Candlesticks. New York, NY: Wiley, 1994.
Explains how to use and interpret Kagi, Renko, and Three Line Break charts.

Raff, Gilbert. Trading the Regression Channel. Salt Lake City, UT. Equis International, 1996.
Explains how to trade the Regression Channel and objectively draw trendlines.

Pring, Martin J. Technical Analysis Explained. Third edition. New York, NY: McGraw-Hill, 1991.
A complete, well-written book on technical analysis. Recommended.

Wilder, J. Welles. New Concepts in Technical Trading Systems. Greensboro, NC: Trend Research, 1978.
Explains the interpretation and calculation of about a dozen indicators including all of the Directional Movement indicators, the Relative Strength Index, and the Commodity Selection Inde
x.