Technical Analysis - Introduction

Technical Analysis - Introduction

Technical Analysis - Introduction

Market Technicians Association (MTA)

7 TA Tools Of The Trade

Technical Analysis - Introduction

ChartSchool - What is Technical Analysis?

FOREX - Technical Analysis Articles

LT - Technická analýza

Obchodujeme FOREX: Technická analýza

Technická Analýza Měny



Technical indicators
Indicators (oscillators, e.g.: Timing indicators: Relative Strength Index (RSI) Candlestick charting ...

Patterns and chart formations

Trends (following moving average)
Double tops and bottoms
Head and shoulders
Support and resistance


Number theory (Fibonacci numbers, Gann numbers)
Waves (Elliott wave theory)
Gaps (high-low, open-closing)




Technical Analysis: Criticisms

Murphy (1999) informs us that technical analysis relies on the following three premises:
1. Market action discounts everything.
2. Prices move in trends.
3. History repeats itself.
So why doesn't technical analysis discount itself?

A pseudo-science. Technical analysis naturally lends itself to a data-driven approach; instead the practitioner's define and use it according to their beliefs.