Chart Analysis Book Recommendation

[Jason101]

Hi,
Can you recommend a good book on charts to look at market structure, major and minor support and resistance frameworks, trends analysis (strengths, momentum, volatility etc) preferably using candlestick charts. I am not after a book on trigger point patterns or the use of indicators, but a solid foundation on price movement.
(I lean towards swing trading most instruments but not stocks)

Thanks
Jason

 

[MrGecko]

I would say these three will help build excellent foundations:

1) The Candlestick course / Japanese Candlestick charting techniques - Steve Nison
2) Mind Over Markets* - Dalton, Jones and Dalton
3) Trade Chart patterns like the Pro's - Suri Dudella

Don't be put off by the title of 3), it is a very useful book to have lying around; pick out a few that work for you and stick to them. Steve Nison is the authority on candlesticks.

* Mind Over Markets is originally designed as an introduction to Market Profile techniques, but that does not mean it isn't worth reading.

 

[Jason101]

Mr Gecko

Excellent, I was hoping an experienced member would recommend Suri Dudella, but I did not want to prompt. I was a bit reluctant to buy it without recommendation due to the cost and posting costs from the U.S. But you have just tipped the balance for me.

I have a copy of Steve Nison book as a free ebook, but have not paid it the attention it no doubt deserves, due to the format. I shall look again at it and consider buying a paper copy.

I have never heard of Mind Over Markets, but I shall look into it, because a general overlook is what I probably need at this time.

Thanks again for your comprehensive reply
Jason

 

[MrGecko]

See PM.

You might want to wait for a few other members to chime in with their thoughts before spending your hard earned... also Suri Dudella posts over on ET I think so maybe you can check out some of his posts?

 

[Jason101]

Mr Gecko,
See PM-

I have never sent sent a PM from T2W before, so if it does not reach you...Big Thanks

 

[Peaceful_Warrior]

Another book you might want to look at, that is not that expensive is "The Secrets of Candlestick Charting", by Louise Bedford, around $40 AUD

cheers

 

[Jason101]

Peaceful Warrior, Thank you for your suggestion it is great to have a recommendation from someone who I know is a full time trader. Reading the reviews I like The sound of the relaxed layout for this book, (which will be a holiday, then lunch time read for me)

Ushuan, Thank you too, I have heard of this author, who is very well respected the sample pages and reviews look good for this book too.

And yes my new wife does think I am nuts, reading TA books on holiday!, (just don't mention the honeymoon!)

Thank you -I am really pleased that all the books suggested have stuck to my request for a solid grounding on charts and not just specific set ups or indicators.