All right I've had enough what else can u show me

This is a discussion on All right I've had enough what else can u show me within the First Steps forums, part of the Reception category; Slightly off topic, ................ A quick point ref John J Murphys TA of the Financial markets book. I'm currently 3/4 ...

Reply
 
LinkBack Thread Tools Search this Thread
Old May 11, 2004, 7:30pm   #8
EK1
 
EK1's Avatar
Joined Jul 2003
Slightly off topic, ................

A quick point ref John J Murphys TA of the Financial markets book.

I'm currently 3/4 of the way through it but was totally lost by Chapter 11 on P&F charting (3 point reversal charts???).

Anyone else find this chapter a bit difficult - the rest of the book thus far has been excellent.

Cheers
EK1 is offline   Reply With Quote
Old May 11, 2004, 7:33pm   #9
 
7 Posts
Joined Apr 2004
Yes! I took delivery of Murphy's Tehnical Analysis of the Financial Markets today and look forward to getting stuck into it (Got it from Global Investor if you're interested-they delivered it by courier very next day).
dagsyk is offline   Reply With Quote
Old May 11, 2004, 7:46pm   #10
 
DaveJB's Avatar
Joined Dec 2002
Don't read Murphy on it,
he's covering a lot of different areas quickly, for books Tom Dorsey's 'Point and Figure Charting' covers just about the lot, Weber and Zieg's 'The Complete Guie to Point & Figure Charting' isn't as encyclopaedic but goes into using the charts more (and has a more opinionated approach), Burke (l-o-n-g title I can't be bothered typing) covers the essentials in an afternoon and if you go to the DorseyWright.com website and download all the 'PnF University' stuff you'll get most of the Dorsey book stuff free.... I'd start there frankly, as it's a pretty simple charting style to be honest and I'm always amazed at how long you can make a book on it....
All available from Global, I think T2W has a booksite link?
DaveJB is offline   Reply With Quote
Old May 12, 2004, 12:28am   #11
 
dc2000's Avatar
Joined Jan 2004
Hi Compagnito as your looking for longer trades I would recomend a read of Marc Rivallands book on swing trading

As for the Dow today my thoughts were posted on the other board Monday they are gap up Tuesday droping back to 9972 and then head higher into Thursday looking for 171high before down Friday. Longer term looking to head down towards 9700

As always these are just my personal thoughts and are not intended as an invitation to trade
dc2000 is offline   Reply With Quote
Old May 12, 2004, 7:26am   #12
Joined Jul 2003
Quote:
Originally Posted by EK1
I'm currently 3/4 of the way through it but was totally lost by Chapter 11 on P&F charting (3 point reversal charts???).

Anyone else find this chapter a bit difficult - the rest of the book thus far has been excellent.
It's not Murphy's fault. Most TAs find the switch from 'normal' indicators to P&F a little disconcerting. The loss of a linear time axis and the ability to differentiate discrete events at that level takes some getting used to.

I'm not sure, but I believe most P&F-ers 'get it' right away and never look back - and are totally passionate about it. Very few, it would seem, persevere in their study of P&F without that initial 'insight'.
TheBramble is offline   Reply With Quote
Old May 12, 2004, 7:59am   #13
Joined May 2003
psychoanalysis ?
__________________
Come fill the cup that clears
today of past regrets and future fears
bonsai is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
I'll Show You Mine If You..... nkruger Trading Systems 41 Feb 21, 2009 4:46pm
Show it how it is! masontrading Zenda Forex 2 Oct 24, 2004 1:43pm
Boat show payneg01 The Foyer 0 Jan 1, 2003 5:59pm
BHM- is the show over...for now at least? ChartMan Technical Analysis 2 Nov 17, 2001 8:08pm

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)