October 2015
Intermediate to advanced
704 pages
23h 13m
English
book
Technical Analysis: The Complete Resource for Financial Market Technicians, Third Edition
by Charles D. Kirkpatrick II, Julie R. Dahlquist
Content preview from Technical Analysis: The Complete Resource for Financial Market Technicians, Third Edition
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Chapter 11. History and Construction of Charts
Chapter Objectives
By the end of this chapter, you should be familiar with
• The advantages of presenting price information in a picture, or chart, format
• The construction of line charts
• The construction of bar charts
• The construction of candlestick charts
• The construction of point and figure charts
• The differences between arithmetic and logarithmic scales
A chart is like a cat’s whiskers. A cat’s whiskers tell the cat which way the mouse will turn and thus which way to pounce. The mouse doesn’t think about which way it will turn, but the cat must anticipate that direction. Likewise, the market doesn’t know which way it will turn, but the speculator must anticipate that turn regardless. ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
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.