About Christopher Stone Expertise I am knowledgeable in the area of Technical Analysis with five years experience as a `Swing
Trader.` I make my living trading index tracking stocks. I am open to any and all
questions relating to stock trading and most questions relating to financial markets in
general.
Experience I have seven years experience in the stock market.
What type of technical analysis technique or method is available that can be used to forecast the price movement of a stock or currency?
I thank you for your reply.
Answer Dear ?,
A main part of all technical analysis is forecasting the price movement of stocks, etc. It is essential to be able to measure the risk versus the reward for a given trade, and technical analysis attempts to do that. It sounds like you are interested in learning about technical analysis, so I will suggest some books as a starting point...
'Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications' by John J. Murphy
'Japanese Candlestick Charting' Second Edition, by Steve Nison
'Point and Figure Charting: The Essential Application for Forecasting and Tracking Market Prices,' 2nd Edition by Thomas J. Dorsey
'The Master Swing Trader: Tools and Techniques to Profit from Outstanding Short-Term Trading Opportunities' by Alan S. Farley
