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Chartered Market Technician (CMT): Level 3

Reading List – Fall 2015

Market Technicians Association Up-to-date Level 3 Reading list: http://docs.mta.org/cmt/reading/cmt-level3-reading.pdf

Elder, Alexander: The New Trading for a Living, John Wiley & Sons, Inc., c. 2014, ISBN: 978-1-118-44392-7

Chapter: 39


Part 7: Trading Systems
Chapter 39: Triple Trading System


Kaufman, Perry J: Trading Systems and Methods, 5th Edition, John Wiley & Sons, Inc., c. 2005, 2013, ISBN:978-1-118-04356-1

Chapters: 13-23


Chapter 13: Spreads and Arbitrage
Chapter 14: Behavioral Techniques
Chapter 15: Pattern Recognition
Chapter 16: Day Trading
Chapter 17: Adaptive Techniques
Chapter 18: Price Distribution Systems
Chapter 19: Multiple Time Frames
Chapter 20: Advanced Techniques
Chapter 21: System Testing
Chapter 22: Practical Considerations
Chapter 23: Risk Control


Katsanos, Markos: Intermarket Trading Strategies, John Wiley & Sons, Ltd., c. 2008, ISBN: 978-0-470- 75810-6

Chapters: 1-9


Chapter 1: Intermarket Analysis
Chapter 2: Correlation
Chapter 3: Regression
Chapter 4: International Indices and Commodities
Chapter 5: The S&P 500
Chapter 6: European Indicies
Chapter 7: Gold
Chapter 8: Intraday Correlations
Chapter 9: Intermarket Indicators


Ciana, Paul: New Frontiers in Technical Analysis, John Wiley & Sons, Inc., c. 2011, ISBN: 978-1-57660-376-5

Chapter: 2


Chapter 2: Everything Is Relative Strength Is Everything


Weigand, Robert A.: Applied Equity Analysis and Portfolio Management, John Wiley & Sons, Inc., c. 2014, ISBN: 9781118630914

Chapter: 2 and 7


Chapter 2: Analyzing the Macro-Finance Environment
Chapter 7: Portfolio Risk and Performance Attribution

Aronson, David R.: Evidence-Based Technical Analysis, John Wiley & Sons, Inc., c. 2006, 2007, ISBN-13: 978-0-470-00874-4, ISBN-10:0-470-00874-1

Chapter: 5 and 6


Chapter 5: Hypothesis Tests and Confidence Intervals
Chapter 6: Data-Mining Bias: The Fool’s Gold of Objective TA


Burton, Edwin T and Shah, Sunit N.: Behavioral Finance, Understanding the Social, Cognitive, and Economic Debates, John Wiley & Sons, Inc., c. 2013, ISBN: 978-1-118-30019-0

Chapters: 12-13


Chapter 12: Causality and Statistics
Chapter 13: Illusions


Montier, James: Behavioral Investing: A Practitioners Guide to Applying Behavioral Finance, John Wiley & Sons, Inc., ISBN-10: 0470516704, ISBN-13: 978-0470516706

Chapters: 15, 17, 38, 39


Section III – The Seven Sins of Fund Management
Chapter 15: The Story is the Thing (or the Allure of Growth)
Chapter 17: Are Two Heads Better than One?

Section V – Bubbles and Behaviour
Chapter 38: The Anatomy of a Bubble
Chapter 39: De-bubbling: Alpha Generation


Brown, Constance M.: Technical Analysis for the Trading Professional 2nd Edition, McGraw-Hill, c. 2012, ISBN-10: 007175914X; ISBN-13: 978-0071759144

Chapters: 1-2


Chapter 1: Oscillators Do Not Travel between 0 and 100
Chapter 2: Dominant Trading Cycles Are Not Time Symmetrical


Nison, Steve: Japanese Candlestick Charting Techniques, 2nd Edition, New York Institute of Finance, c. 2001, ISBN: 0-7352-0181-1

Chapters: 10-17


Chapter 10: A Cluster of Candles
Chapter 11: Candles With Trend Lines
Chapter 12: Candles With Retracement Levels
Chapter 13: Candles With Moving Averages
Chapter 14: Candles With Oscillators
Chapter 15: Candles With Volume
Chapter 16: Measured Moves
Chapter 17: The Best of The East And West: The Power of Convergence


Asness, Clifford S. and Frazzini, Andrea and Israel, Ronen and Moskowitz, Tobias J., Fact, Fiction and Momentum Investing (May 9, 2014). Journal of Portfolio Management, Fall 2014 (40th Anniversary Issue).

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