My targets are based on the daily volatility. Anything like "double tops", or "head & shoulders", or anything else of this kind are highly arbitrary things and in my book of TA can only serve as initial points of analysis or confirmations for the volatility based targets.
For someone new to TA what would be the best book to start with? After doing some googling, I've decided to start with John Murphy's Technical Analysis of Financial Markets.
My targets are based on the daily volatility. Anything like "double tops", or "head & shoulders", or anything else of this kind are highly arbitrary things and in my book of TA can only serve as initial points of analysis or confirmations for the volatility based targets.
For someone new to TA what would be the best book to start with? After doing some googling, I've decided to start with John Murphy's Technical Analysis of Financial Markets.
That's what I always recommend as an excellent introduction to the TA world.
At srezz's recommendation, I am about halfway through this book. It has given me a good understanding of the basics so far.