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Technical Analysis of the Financial Markets
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"Technical Analysis of the Financial Markets" Quotes

"Technical Analysis of the Financial Markets" provides a comprehensive guide to understanding and applying technical analysis in trading stocks, commodities, and other financial instruments.

Quotes

The market reflects all the known information, and the price reflects all the knowledge of all the market participants.

John J. Murphy

marketinformation

The trend is your friend until it bends at the end.

John J. Murphy

trendsinvesting

Support and resistance are the most basic concepts of chart analysis.

John J. Murphy

supportresistancechart analysis

Volume is an important secondary indicator of market strength.

John J. Murphy

volumemarket strength

Technical analysis is applicable to all markets, not just stocks.

John J. Murphy

technical analysismarkets

A moving average smooths out price data by creating a constantly updated average price.

John J. Murphy

moving averageprice data

Trendlines are a simple yet effective tool for chart analysis.

John J. Murphy

trendlineschart analysis

Indicators are used to confirm price movement and the probability of its continuation.

John J. Murphy

indicatorsprice movement

The head and shoulders pattern is one of the most reliable trend reversal patterns.

John J. Murphy

head and shoulderstrend reversal

Charts provide a visual representation of price movements over time.

John J. Murphy

chartsprice movements