The Art and Science of Technical Analysis: Market Structure, Price Action, and Trading Strategies: 544 (Wiley Trading) Hardcover – 26 July 2012

Been a struggling trader for 4 years and have read pretty much every trading book under the sun. I found this to be a "hidden gem" in the sense that it is not given the reverence that it should. The first thing Adam does is correct our understanding of trading edge, risk and randomness (from both a statistical angle and via the faulty cognitions that we have). From this perspective, we are then given a framework for understanding market structure and patterns that actually work in practice.The book is written with a certain empathy for traders who are trying to sift their way through their own trading education: - often finding a lot of dishonest and misinformed courses and books - by being clear on the some indisputable truths about market behaviour. Patterns are discussed in context and with clear risk points, unlike the standard TA stuff that is often thrown about in the trading literature and media. In a perverse way, the title of the book does it a small disservice as the book provides a holistic approach to becoming a successful trader from the ground up. The section about The Self-Directed Trader is a psychology book in itself, and even as a standalone book on T.A, I find it superior to the classical TA books on my shelf.This is an excellent book that provides even the experienced traders with plenty of "aha" moments while being written with such clarity and honesty that a beginner trader would learn a great deal from it. As mentioned at the start, it is an underrated book and should stand alongside (if not at the very top) the works of revered trading teachers such as Dr. Steenbarger or Ariel Kiev. This book was personally a game changer for me and I find myself constantly referencing back to it amidst the chaos of the trading day.

I purchased this book mainly out of support for Adam. I took his free online course approximately a year ago when I first became curious about financial markets and am now at a stage where I’m starting to find consistency in my system. Adam’s course was invaluable to my development as a trader and the fact that he gives such quality and extensive information out for free is really amazing, especially when you consider the large number of courses/gurus out there that charge insane amounts for trash information or promise to reveal ‘the secret’. I only wish that I had purchased this book sooner.Thanks for all you do for the community Adam !

A good book, I have not finished yet, but i read before Technical Analysis of the Financial Markets from Murphy, and this one is deeper, and a good bok to read. But I think that will be the last I read about general technical analysis, and I will choose a more specific book the next time.Anyway, is a good book, and I recomend it.

This is a remarkable book. Its an easy read, but its not for reading. This book is for studying. I would recommend this book for both novice traders and seasoned proffessionals alike as Adam has done a phenomenal job at getting to the crux of the matter in a way that makes sense.At least 3 passes of this book are needed to fully gain from it, but you'll discover wisdom from the off.Adam, many thanks for being true to Mike Bellafiores direction and leaving a gift to the trading community.

This is a book every TA should read, especially those new to the concept. The book is well structured and each chapter covers the basics first and then expands on the initial ideas. It goes to show that a well written book does not have to be supplemented with complexities such as unnecessary mathematics and pseudoscience to be an effective learning tool. Adam writes from experience and provides an honest and forthright approach to TA. Trading is difficult and having a good grasp of the basic components, coupled with an understanding of some of the key metrics / indicators is a big help.

Markets have changed and continue to change, understanding these changes and learning from Adam keeps you grounded what has worked and continues to work, timeless education and knowledge. Adam is a proven trader and offers much more than just understanding technical analysis, this book will change your trading if you apply and follow what you learn, the discipline comes from the student, the teacher Adam has laid the path, for a successful trading journey.

This book is the FIRST example I have found in many years of searching for some sort of 'foundation' of the Markets. Before we can understand the Markets we must understand what 'understanding' is.This book takes ALL the information you will have seen or picked up, trying to become a trader, and presents it in a usable, LEARN-ABLE format requiring only repeated exposure to (the book) to assimilate it further.The author will also quantify some myths and more importantly, truths about trading for a living. Having scientific based methodological approach to answering these questions, the author certainly does put the learning traders mind at ease. 'Technical' traders through to a 'value investors' will reap great benefits from the great scope of this book. I could go on....