Technical Analysis and Chart Interpretations

Technical Analysis and Chart Interpretations
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Additional Praise for Technical Analysis and Chart Interpretations

Ed's thorough analysis will leave you with a deeper understanding and appreciation of a vast array of technical tools and concepts. An essential guide for beginners and seasoned traders alike.

– Jon Boorman, CMT, Broadsword Capital

Technical Analysis And Chart Interpretations is a worthy addition to any technical analysis library. Ed Ponsi does a masterful job of taking a difficult, often confusing subject, and making it incredibly easy to digest. Whether you are a beginner or veteran student of technical analysis, this book is a must read.

– Bob Byrne, Private Investor and Trading Coach

Ed has written a great book not only on technical patterns and indicators, but on the pitfalls that traders will face as they embark on a trading career. This information can be applied to both longer and shorter time frames. It has value for both the investor and trader alike. I even learned some new things myself!

– Carolyn Boroden, Founder, FibonacciQueen.com

Ed Ponsi has taught me the value of using some of the more useful indicators on charts such as MACD. While our styles are quite different I have learned a lot from his work and I believe you can as well.

– Helene Meisler, Contributor to Realmoney.com

TECHNICAL ANALYSIS AND CHART INTERPRETATIONS

The Wiley Trading series features books by traders who have survived the market's ever changing temperament and have prospered – some by reinventing systems, others by getting back to basics. Whether a novice trader, professional or somewhere in-between, these books will provide the advice and strategies needed to prosper today and well into the future. For more on this series, visit our Web site at www.WileyTrading.com. Founded in 1807, John Wiley & Sons is the oldest independent publishing company in the United States. With offices in North America, Europe, Australia and Asia, Wiley is globally committed to developing and marketing print and electronic products and services for our customers’ professional and personal knowledge and understanding.

TECHNICAL ANALYSIS AND CHART INTERPRETATIONS
A Comprehensive Guide to Understanding Established Trading Tactics for Ultimate Profit
Ed Ponsi
title page

Copyright © 2016 by John Wiley & Sons, Inc. All rights reserved.

Published by John Wiley & Sons, Inc., Hoboken, New Jersey.

Published simultaneously in Canada.

No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, (978) 750–8400, fax (978) 646–8600, or on the Web at www.copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, (201) 748–6011, fax (201) 748–6008, or online at http://www.wiley.com/go/permissions.

Limit of Liability/Disclaimer of Warranty: While the publisher and author have used their best efforts in preparing this book, they make no representations or warranties with respect to the accuracy or completeness of the contents of this book and specifically disclaim any implied warranties of merchantability or fitness for a particular purpose. No warranty may be created or extended by sales representatives or written sales materials. The advice and strategies contained herein may not be suitable for your situation. You should consult with a professional where appropriate. Neither the publisher nor author shall be liable for any loss of profit or any other commercial damages, including but not limited to special, incidental, consequential, or other damages.

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Library of Congress Cataloging-in-Publication Data is available:

ISBN 978-1-119-04833-6 (Paperback)

ISBN 978-1-119-04822-0 (ePub)

ISBN 978-1-119-04823-7 (ePDF)

Cover Design: Wiley

Cover Images: Communication collage © iStock.com/archerix; Medical Abstract © kentoh/Shutterstock

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