Technical Analysis of Stocks, Options, and Futures: Advanced Trading Systems and Techniques

Having read about various types of technical analysis different places, this book finally wrapped it all together in a comprehensive, yet easy-to-comprehend kind of a way. The methods presented in the book are timeless, making the age of the book insignificant. I recommend every serious trader to purchase this one!

This book is about ten years old so I hesitated to buy it. Since it's been out so long I borrowed it from my local public library first. Well, after reading it I decided I needed it in my reference section so I went out and spent the bucks. Hey, so I wasted some time but this book isn't cheap Eng's other books go for $80, so this is a relative bargain). What's so good about this book? Well, I got Pring's and Murphy's books but Eng's book really help me put everything together. He takes a technical analysis approach and applies real world charts to its application. NOW THIS IS REALLY WHAT I NEEDED! The other authors are theoretical. Mind you, now, Eng makes errors in applying the methods but he points them out. He states black and white that certain applications of certain techniques are questionable. How helpful is this? Pretty good. I've made a lot of mistakes in the past when trying to use technical analysis because I tried to force the methods to the charts. A no-no. Eng wrote when to use certain technqiues and when not to use them. This gets my respect and deserves 5 **** alone.