Technical analysis -- revered by many, reviled by some -- is the art and science of deciphering chart patterns in order to better predict prices of a given security. Thousands of traders turn to technical analysis to guide their investments. This book is pitched at a very wide audience, whereas the WTA series contains many higher level technical analysis books targeted at professional traders.

Focusing on price-forecasting in the commodity futures market, this is the most comprehensive examination of fundamental and technical analysis available. This guide treats both approaches in depth, with forecasting examined in conjunction with practical trading considerations including spread trading, option trading, and more. Schwager is the starting point for any serious reading on futures and options trading. Well-written and clear, and truly encyclopedic in scope: every conceivable options trade, with all permutations thereof, is discussed and dissected, even inadvisable ones.