Technical Analysis (TA) provides traders and investors with a concise price history (of equities, currencies, bonds or commodities) The charts used in TA can provide the trader with a good sense of the market’s volatility-an important consideration in assessing risk. Charts are a useful tool to the fundamental analyst. Long-term price charts enable the fundamentalist to isolate quickly the periods of major price moves. By determining the fundamental conditions or events that were peculiar to those periods, the fundamentalist can identify the key price-influencing factors. This information can then be used to construct price behaviour models. Charts can be used as a timing tool, even by traders who formulate their decisions on the basis of other information (eg. fundamental info.) Charts reflect market behaviour that is subject to certain repetitive patterns. Dynamic Technical Analysis (DTA) differs from TA in the following ways. DTA provides volatility results immediately, TA requires further techniques to quantify volatility Provides excellent results for both Speculators and (unlike TA) investors. DTA uses several parameters to predict price changes whereas TA uses only one DTA provides results which can be fine tuned to improve on the original forecast. TA does not. DTA also allows differentiation between various kinds of market participants. In any market, many different types of practitioners work together. DTA allows for the analysis to be tailored to each group’s specific requirements. This is a practical book which describes many methods and analyses results from real situations. DTA provides the tools to a new and robust way of predicting markets. Traders, analysts, portfolio managers and bankers will all find this book invaluable. Private investors will also find this book useful “There are numerous books on technical analysis but Philippe Cahen’s book does add value. Philippe Cahen is a highly experienced practitioner. He has a large following”. Esther Baroudy, Senior Analyst with GE Investments (US) ltd. “The book of Philippe Cahen gives a very practical tool to end users……….This kind of book, this kind of product answers the new need for the individual non-specialist speculator”. J. P. Betbeze, Director of Strategy and Chief Economist
Book Details:
- Author: Philippe Cahen
- ISBN: 9780471899471
- Year Published: 2001
- Pages: 150
- BISAC: BUS027000, BUSINESS & ECONOMICS/Finance
About the Book and Topic:
Technical Analysis (TA) provides traders and investors with a concise price history (of equities, currencies, bonds or commodities) The charts used in TA can provide the trader with a good sense of the market’s volatility-an important consideration in assessing risk. Charts are a useful tool to the fundamental analyst. Long-term price charts enable the fundamentalist to isolate quickly the periods of major price moves. By determining the fundamental conditions or events that were peculiar to those periods, the fundamentalist can identify the key price-influencing factors. This information can then be used to construct price behaviour models. Charts can be used as a timing tool, even by traders who formulate their decisions on the basis of other information (eg. fundamental info.) Charts reflect market behaviour that is subject to certain repetitive patterns. Dynamic Technical Analysis (DTA) differs from TA in the following ways. DTA provides volatility results immediately, TA requires further techniques to quantify volatility Provides excellent results for both Speculators and (unlike TA) investors. DTA uses several parameters to predict price changes whereas TA uses only one DTA provides results which can be fine tuned to improve on the original forecast. TA does not. DTA also allows differentiation between various kinds of market participants. In any market, many different types of practitioners work together. DTA allows for the analysis to be tailored to each group’s specific requirements. This is a practical book which describes many methods and analyses results from real situations. DTA provides the tools to a new and robust way of predicting markets. Traders, analysts, portfolio managers and bankers will all find this book invaluable. Private investors will also find this book useful “There are numerous books on technical analysis but Philippe Cahen’s book does add value. Philippe Cahen is a highly experienced practitioner. He has a large following”. Esther Baroudy, Senior Analyst with GE Investments (US) ltd. “The book of Philippe Cahen gives a very practical tool to end users……….This kind of book, this kind of product answers the new need for the individual non-specialist speculator”. J. P. Betbeze, Director of Strategy and Chief Economist
No other book is currently published that looks at the technique of Dynamic Technical Analysis, this is a new powerful tool which allows traders and investors predict market trends. This book provides the tools necessary to unlock the power of DTAFM.
This is the first detailed look at this powerful and dynamic analytical tool. * DTA provides volatility results almost immediately. * DTA uses several parameters to predict price changes. * DTA provides results which can be fine tuned to improve on the original forecast. * DTA allows for differentiation between various kinds of market participants.
About the Author
PHILIPPE CAHEN is Head of Technical Analysis at Credit Lyonnais Capital Markets in Paris. A highly experienced practitioner, he has been using technical analysis since 1970, and for the past thirty years has been regularly consulting, training and speaking at conferences, as well as lecturing on various advanced academic courses. He is the author of numerous works on the subject of technical analysis, including Analyse Technique Dynamique (Economica, 1998), of which this book is a translation.