Learn Technical Analysis for Trading

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Fellows crypto trader!

There are a lot of new traders pop out after the massive exposure of Bitcoin. But mostly of them are just gambling with their fund or join paid pump/dump scam group. At the end what will happen is they crying around Twitter and say Bitcoin scam, Bitcoin sucks. So it's important to get proper knowledge about TA so that you can predict and foresee what will happen in future. I going list out a few high worth books to read about this trading knowledge.

1. Japanese Candlestick Charting Techniques 2011 (Second Edition) by Steve Nison

Everything that you need to know about Japanese Candlesticks, their history and how to use them is in this book. Steve Nison is credited with first bringing these eastern techniques to the western world. The book offers a thorough explanation and understanding of candlestick charting, as well as explaining virtually all of the candlestick patterns most commonly used by technical traders.

2. Technical Analysis of the Financial Markets by Murphy

For both beginnners and experienced traders, this work describes the concepts of technical analysis and their applications. Murphy interprets the role of the technical forecasters and explains how they apply their techniques to the financial markets. For me I would recommend newbie start with this book then only proceed to others.

3. Support and Resistance Simplified by Michael Thomsett
This book will give you more understanding to define the support and resistance level. With this knowledge, you will detect or estimate the entry point and exit point to maximise your profit in every trade. This is suitable to basic trader who like to learn the basic stuff.

4. Elliot Wave Principle by Robert Prechter

Elliot Wave is one of the Technical Analysis method. Contain the basic until advance knowledge that you need to know to start counting waves. The Fibonacci concepts are explained here very well. Sometimes these waves really stick out and provide incredible risk/reward opportunities. Knowing these principles is a huge advantage.

All these ebook can be easily purchase from Amazon or you can look for a review copy in other sources. Feel free to share this to your friends if it's useful.

**Disclaimer
Take your own risk in every trade.