A trend in motion is more likely to continue than reverse. Murphy teaches traders how to identify these trends early and ride them until they show definitive signs of exhaustion.
Originally published as Technical Analysis of the Futures Markets , the updated edition expanded its reach to include stocks, indices, and intermarket relationships, making it essential reading for modern traders. The Three Pillars of Murphy’s Philosophy A trend in motion is more likely to continue than reverse
John J. Murphy bases his entire approach on three fundamental premises that define technical analysis: and intermarket relationships