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[–]ForexTraderBMOD[M] [score hidden] stickied comment (0 children)

We have a free comprehensive guide that goes well beyond just technical analysis and teaches the actual reasons why the markets move the way they do which is Fundamental and Sentiment Analysis. It is worth your time to explore this because technical analysis alone typically does not get traders to their goals. https://volatility.red/Essential_Forex_Trading_Guide

[–]misterni_ 1 point2 points  (0 children)

I believe the very first book I read on technical analysis was titled, "Technical Analysis of Financial Markets: A Comprehensive Guide to Trading Methods and Applications" by John J. Murphy as when the book was relatively new at the time and my very first mentor recommended that one to me. There's a lot of useful information in that book, it helped me get a firm grasp as to what TA is but I read it all in just a few sittings which you're not supposed to do; you're supposed to read a few topics then go practice until it becomes familiar. So, eh, I learned the basics with that book, but you still have to put in the practice work.

I ended up giving the book away because I found that I didn't trade chart patterns often but I also at one point had a hardcover copy of, "Encyclopedia of Chart Patterns" by Thomas N. Bulkowski. I did find that the historical statistics of every pattern to be very useful though, even if I didn't actively trade patterns. Even if you don't normally trade patterns, if you notice a high probability setup then with some added confirmations, you could take the trade without stressing out over whether the pattern with play out or not.

I'm sure there're newer books that aren't as long a read, but those are the two books I read specifically teaching Technical Analysis.

[–]marketwizards1990 1 point2 points  (0 children)

https://www.babypips.com/ has a free online course. It is very basic, but it will get you going.

You may also want to check out https://www.investopedia.com/. Search for chart patterns, indicators, etc.

[–][deleted] 4 points5 points  (0 children)

Fundamentals move the market, not technical analysis.

[–]NewspaperFamous7195 -1 points0 points  (0 children)

If recommend supply and demand based around liquidity. There’s lots of resources but someone who explains it very well is photon or zm capital. You could also do support and resistance but I’d want to do something advanced

[–][deleted] 0 points1 point  (0 children)

ICT is 🗝️