Jack Schwager is getting started in technical analysis.

Technical analysis is the art and science of understanding price activity to better understand market behavior and identify trading opportunities. In this accessible guide, Jack Schwager–perhaps the most recognized and respected name in the field–demystifies technical analysis for beginning investors, clearly explaining such basics as trends, trading ranges, chart patterns, stops, entry and exit approaches. A solid framework for using technical analysis to make better, more informed investment decisions and as the basis for mechanical trading systems can be found in the book. Getting Started in Technical Analysis includes trading rules and market observations culled from years of real–world trading experience. There are different types of charts–bar, close, point and figure. The importance of failed signals is one of the chart patterns. Trend–following, counter–trend, pattern recognition are some of the trading systems. There are price data issues, time frame/trading style considerations, and software research. He planned a trading approach that included choosing markets, risk control strategies and establishing a trading routine.