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May 5

Intermarket Technical Analysis: Trading Strategies for the Global Stock, Bond, Commodity, and Currency Markets

Posted by Bill at 09:14 | Paper Review | Comments(0) | Reads(8437)
The book Intermarket Technical Analysis: Trading Strategies for the Global Stock, Bond, Commodity, and Currency Markets is published by Wiley Finance, and authored by John Murphy. There is very little information on this subject, so for the investor that is interested in learning more about it; this book has proven to be a significant development.

This book is for the highly sophisticated and enduring investor. It is extremely detailed, as well as complicated, making it difficult reading for anybody that is not truly interested in learning more about intermarket analysis.

In it you will be taught why understanding the relationship between various countries economies is so important, and the rolls these associations play in the financial markets. You will come to appreciate why these connections are the solution to decoding both the intermediate and the long term trends that play out overtime.

You will learn about the four major market subdivisions based on the theory of a business cycle, and how the economy has gone through boom and bust periods over the past centuries. He will then teach you how to incorporate that knowledge with other economic factors to determine what stage the business cycle is presently in, and how this affects the overall economy.

Once you understand that, you will have a much better idea where to place both your cash and equity investments for the short term, as well as the long term. You will come to appreciate that although the stock market is always evolving and changing, there are none the less trends that have occurred time and again throughout its history, that are not only reliable, but also trustworthy.

Even though this book was written in 1991, the information revealed in it has become even more useful due to the ever increasing interdependencies of the markets since it was published. In fact, many of the theories and concepts that were first introduced in this book when it was initially released have been proven to be extremely useful for any earnest stock market investor.

If you are interested in being able to determine which way the market will be heading in the future, this book will certainly point you along the way. It will help equity investors, commodities traders, Forex traders, and well as those that participate in the futures markets. You will learn how to identify signs that signal turning points in the markets, which can and will help you recognize buying opportunities.

Intermarket Technical Analysis: Trading Strategies for the Global Stock, Bond, Commodity, and Currency Markets is considered one of, if not the best book ever written on this subject, and it is a must read for all individuals that sincerely want to learn more about the subject. In addition, you might want to consider also obtaining one of John Murphy other books, titled Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications to complement what you will learn in this book.


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