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September 3, 2010
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January 11, 2009
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Trader Resources : Price Analysis : Types of Technical Trading
There are many technical analysis techniques, some of which are listed here:
- Patterns on Price Charts
- Trend-Following Systems
- Character of Market Analysis
- Structural Theories
- Intensive study of past prices looking for a repeatable pattern or blueprint.
- Types:
- Seasonal
- Cyclical
- Elliot Wave Theory – Price pattern follows Fibonucci Summation Series. 1,1,2,3,5,8, etc. Example. Major Bull Market of 5 waves followed by Bear Market of 3 waves. (Bull wave - Up 1, down 0, up 1, down 1, up 2, down 1, up 3, down 2, up 5, down 3, up 8)
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