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This book provides a comprehensive guide to effective trading in the financial markets through the application of technical analysis through the following:
Presenting in-depth coverage of technical analysis tools (including trade set-ups) as well as backtesting and algorithmic trading
Discussing advanced concepts such as Elliott Waves, time cycles and momentum, volume, and volatility indicators from the perspective of the global markets and especially India
Blending practical insights and research updates for professional trading, investments, and financial market analyses
Including detailed examples, case studies, comparisons, figures, and illustrations from different asset classes and markets in simple language
The book will be essential for scholars and researchers of finance, economics and management studies, as well as professional traders and dealers in financial institutions (including banks) and corporates, fund managers, investors, and anyone interested in financial markets.
List of contents
1. Introduction to Technical Analysis 2. Basic Principles of Technical Analysis 3. Classical Reversal and Continuation Patterns 4. Candlesticks Patterns and Their Use in Trading Strategies 5. Moving Averages and Their Use for Trading Strategies 6. Momentum Indicators and Stochastics 7. Volatility and Volume Indicators 8. Elliott Wave Principles 9. Time Cycles 10. Introduction to Backtesting and Algorithmic Trading 11. Conclusion
About the author
Smita Roy Trivedi is Assistant Professor, International Banking and Finance Group at the National Institute of Bank Management, Pune, India. She has been engaged in teaching, training, and research in international banking, technical analysis, and algorithmic trading. Her publications include the book Financial Economy: Evolutions at the Edge of Crises (co-authored with Sutanu Bhattacharya, 2018). Her research has been published in Empirical Economics, Economic Papers, and Asia-Pacific Financial Markets.
Ashish H. Kyal is Founder of Waves Strategy Advisors, based in Mumbai, India, a Chartered Market Technician (CMT) and member of CMT-USA. He has worked with leading investment banks such as Lehman Brothers and Nomura Holdings. His articles have appeared in newsletters of CMT-USA, International Federation of Technical Analysts (IFTA-London) Reuters, and Bloomberg and a research paper in Journal of the Society of Technical Analysts. He is a frequent speaker on CNBC TV18, ET NOW, Bloomberg Quint, Rajya Sabha TV, and National Institute of Bank Management.
Summary
This book provides a comprehensive guide to effective trading in the global markets through the application of technical analysis. It discusses trend analysis, candlestick patterns, momentum, volume and volatility indicators, Elliott Wave, Time Cycles with trade setups, backtesting of technical analysis strategies and algorithmic trading.
