Technical Analysis an Art or Science?

We made our Technical Analysis lessons as simple as possible for easy understanding. There will be as much graphical records and measure by measure usher as possible. We believe that the basic is the most of import measure to apprehension tantalum - with these basics, you can travel on to read some of the more than advanced books in the market. But what we can state is that - you make not need to. With the rudiments + your ain experience = you can develop your ain set of proved tools. Let's start with Chapter One.

Technical Analysis and Art or Science?
It started more than than as an fine fine art and have got go more scientific owed to rapid development in computing machine technologies.
It will stay an art with greater scientific underpinning.

Technical Analysis (TA) Vs Cardinal Analysis (FA)
fa = Gives the causes of terms movement
tantalum = Studies the personal effects of terms movement

TA and fa are mutually supportive in the long-term but when it come ups to short-term there’s usually conflicts.

FA be givens to be economical in nature and will not be able to calculate non-economic events such as as political and other crises, which often travel financial markets.

Guidelines in using Technical Analysis

- tantalum is based on evidence, not logical.

- tantalum is based on chances and same as HYIP investing - there’s no guarantee.

- Make not have the ONE tool mentality. tantalum is able using a combination of the tools available.

- When a tool/technique is proven to be successful, seek to utilize it more than often and better it.