Esteemed by many, contested by some, technical analysis is the art and science of decoding price activity to better understand market behavior and identify trading opportunities. In this accessible guide, Jack Schwager—perhaps the most recognizable and respected name in the field—demystifies technical analysis for novice investors, clearly explaining basic concepts such as trends, trading ranges, chart patterns, stances, entries and exits, and pyramiding approaches. The book's numerous examples and clear, straightforward explanations provide a strong framework for using technical analysis to make better, more informed investment decisions and as a basis for mechanical trading systems. Along with valuable trading rules and market observations derived from years of actual trading experience, "Getting Started in Technical Analysis" offers in-depth coverage of the following: Chart Types—bars, close-only, point and line, candlestick. Chart Patterns—one-day, continuation, tops and bottoms, the significance of failed signals. Trading Systems—trend-following, counter-trend, pattern recognition. Charting and Analysis Software—price data issues, time frame/trading style, software research. The Programmed Trading Approach—trading philosophy, market selection, risk control strategies, establishing a trading routine.