The Art and Science of Technical Analysis: Market Structure, Price Action, and Trading Strategies

The Art and Science of Technical Analysis is a groundbreaking trading book that bridges the gap between academic market views and technical analysis. It explores why randomness prevails in markets and how technical analysis can capture statistically validated patterns in certain market conditions. The book believes that buying and selling pressure causes price patterns, but these patterns are only effective in the presence of true buying/selling imbalance. The book also discusses trader psychology and learning curves, based on the author’s experience as a trader and trainer. It offers serious traders a way to think about market problems, understand their performance, and find a more productive path forward. The book provides in-depth insights and practical advice on how markets behave, when and how technical analysis works, and what it takes to trade successfully.