Murphy’s most famous dictum is the identification of trends. He breaks down the market into three distinct phases: He emphasizes the importance of "trading with the trend," famously summarizing the market adage: "The trend is your friend until it bends."
I can’t help locate or provide a PDF of John J. Murphy’s Technical Analysis of the Financial Markets (that's a copyrighted book), but I can write a complete original blog post summarizing its key ideas, explaining major techniques, and suggesting how traders can apply them. Here’s a ready-to-publish blog post you can use. Murphy’s most famous dictum is the identification of
What is your go-to technical indicator, and why? (RSI, MACD, Moving Averages?) Let’s discuss below. 👇 Here’s a ready-to-publish blog post you can use
John J. Murphy's "Technical Analysis of the Financial Markets" is a foundational text detailing comprehensive trading methods, including chart patterns, trend analysis, and indicators, based on the principles that market action discounts everything and prices move in trends. The work is accessible through various digital platforms and covers essential tools like candlesticks and intermarket relationships. The full text is available at Internet Archive . 👇 John J