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Title: A good place to start
Review: This book is a great place to start if you know nothing about technical analysis. It is very well organized, and the quizzes help to reinforce the lessons of the text. Meyers starts with basic chart construction and the types of charts, moves through reversal and consolidation patterns, gaps, trendlines and channels, and support and resistance before taking on any computed indicators. Next he moves through moving averages, relative strength, and volume indicators, and finally oscillators. He then digresses to cover point-and-figure charting and candlesticks before concluding the book with a discussion of market and sentiment indicators. Once this material is mastered, the more detailed discussions of Murphy or Edwards and Magee will make a lot more sense.
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