Back to Library

Breakthroughs in Technical Analysis: New Thinking from the World's Top Minds

by David Keller (Editor) (2010)

Quick summary -- an in-depth PhD-level extended summary (10-30 pages) for this book is coming soon.

Breakthroughs in Technical Analysis: New Thinking from the World's Top Minds

Book Details

  • Author: David Keller (Editor), with contributions from David Bowden, Constance Brown, Tom DeMark, Jeremy du Plessis, Nicole Elliott, and others
  • Categories: Technical Analysis

Quick Summary

This Bloomberg Financial anthology brings together contributions from leading technical analysts including Tom DeMark, Constance Brown, and David Bowden, presenting advanced methodologies from Drummond Geometry and TD Combo to Ichimoku clouds, Gann analysis, and modern point-and-figure techniques.

Detailed Summary

"Breakthroughs in Technical Analysis: New Thinking from the World's Top Minds," published as part of the Bloomberg Financial series, is an edited collection that showcases cutting-edge developments in technical analysis from some of the field's most respected practitioners and innovators.

The anthology opens with David Bowden's chapter on Drummond Geometry, demonstrating its application to picking yearly highs and lows in interbank forex trading. Bowden, founder of Safety in the Market and a student of W.D. Gann's methods since 1985, famously called the 1987 market top to the day. Tom DeMark contributes a chapter on trend spotting with TD Combo, presenting his proprietary market timing indicators that have been adopted by Bloomberg and used by major hedge funds including SAC Capital under Steve Cohen.

Constance Brown, CMT, covers charting with candles and clouds, integrating Japanese candlestick analysis with Ichimoku Kinko Hyo methodology, followed by a dedicated chapter on reading candlestick charts. The price and time chapter addresses the integration of temporal and price-based analysis. A chapter on unlocking Gann explores modern interpretations of W.D. Gann's analytical framework, making his often-cryptic methods more accessible to contemporary traders.

The anthology also includes coverage of options-based technical indicators for stock trading, showing how derivative market data can enhance equity analysis. Jeremy du Plessis, CMT and FSTA, contributes a chapter on modern developments in point-and-figure analysis, drawing on his 25 years of dedicated research in this charting methodology. The Market Profile chapter on deconstructing the market applies auction market theory to global spread analysis. The collection concludes with "The Ten Commandments" of technical analysis.

The contributors represent the highest levels of professional technical analysis, including CMT holders, fellows of the Society of Technical Analysts, and members of international professional organizations, making this anthology a snapshot of the field's state-of-the-art thinking.