Best books and tutorials on market technical analysis

in exchange •  6 years ago 

Sometimes, especially with crypto, fundamental news and factors don't affect the market as much as traditional, sometimes blind and disregarding technical analysis. We want VHCEx traders to be as qualified as possible to reap the most out of trading on our exchange, especially, in the period of fee-free trading.

"Getting Started in Technical Analysis" by Jack Schwager

The masterpiece by a prominent financial scientist, investor, and day-trader, Jack Schwager, is a good entry point for young and aspiring traders, as it covers almost every aspect of trading in-depth. In addition to traditional behavior patterns and tactics, the book teaches young traders how to develop the best suitable long-term strategy for all types of traders from a psychological standpoint.

“Technical Analysis of the Financial Markets” by John Murphy

Don't let yourself to think that approaches taken in traditional stock, futures, or forex markets are inapplicable in crypto markets, you've probably already seen a lot of tech analysis specialists commenting on Bitcoin or other cryptocurrency trends. Being a former tech analyst at CNBC and boasting more than 35 years of industry experience, Mr. Murphy has made his name as one of the most respected and listened to influencers.

“Encyclopedia of Chart Patterns” by Thomas Bulkowski

This one is indeed an encyclopedia of trading that contains exhausting educational information on all trading-related aspects. In a sense, this book is a storage of historical charts and the way they've developed in the future with hints at what exactly influenced it. That's highly valuable for cryptotraders in today's volatile yet grown and developed market.

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