June 2006
Beginner
352 pages
7h 6m
English
book
Technical Analysis Plain and Simple: Charting the Markets in Your Language, Second Edition
by Michael N. Kahn
Content preview from Technical Analysis Plain and Simple: Charting the Markets in Your Language, Second EditionBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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What Is the Market?
Just as is learned in Introduction to Economics courses, the market for stocks, bonds, commodities, or foreign exchange is comprised of buyers and sellers. The price at which they trade is determined by supply and demand.
The following list breaks down the process further. As can be seen, the prime mover of markets is the perceptions of the people in it.
The market is comprised of buyers and sellers.
Price is determined by supply and demand.
Supply and demand are determined by the aggressiveness of the bulls and the bears.
Bullish and bearish actions arise from perceptions of value.
Notice that actual value is not in the list. What a market should be worth based on mathematical and economic models is not the deciding factor in ...
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I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.