Synopsis
Deciphering The Market Principles of Chart Reading and Trading Stocks, Commodities and Currencies J. M. W. Tadion Jay Tadion’s book makes a significant contribution to the library of works on technical analysis … In addition his work is immensely readable. His exposition of his theories is clear and comprehensible, demonstrating a scientific thesis for the statistical regularity of market movements … An informative and entertaining book — what more could you ask? Anne P. Whitby Head of Technical Analysis, 4CAST Ltd, London Deciphering the Market has been specifically written with the needs of forecasters, traders, economists and technical analysts in mind. It is a book on how to decipher the market and its movements as a cryptogram. It compares a number of uncomplicated and familiar systems and analogies with similar market movements, and by so doing arrives at a variety of forecasting and trading techniques. Being rational and non-dogmatic the procedures described are applicable to all markets but in order to avoid confusion these have been focused, by way of illustration and example, on one single market, namely, the foreign exchange market. Deciphering the Market is divided into five parts. Forecasting, Trading, Indicators, Data and Statistics, and concludes as a light relief with a Postscript which deals with such non-technical and timeless subjects as money neurosis, trading and related stresses.
About the Author
The Author has a PhD in magneto-optics and was a Postdoctoral Fellow at King’s College, University of London. Whilst at King’s he started a company with a capital of £500 in a railway yard. It became the world leader in spectroscopy and grew in ten years from 1 to 400 employees. Meanwhile he had founded two other companies in the UK and USA. In 1965 he sold his companies and retired. Early in 1970, convinced that the banks that managed his investments knew almost nothing about what they were doing, he made a vice of a necessity and began trading himself until 1993 when pressure of other interests led him to leave the market sine die. He has been a consultant to various banks and has managed several funds.
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