custom indicators
- Thread starter DanielH
- Start date
Better have a look at what Euan Sinclair has to say about technical analysis. It's the 5th or 6th answer from the top.
www.quora.com
How does technical analysis really help?
Answer (1 of 51): * Technical analysis, or using charts to identify trading signals and price patterns, may seem overwhelming or esoteric at first. * Beginners should first understand why technical analysis works as a window into market psychology to identify opportunities to profit. * Focus o...
Better have a look at what Euan Sinclair has to say about technical analysis. It's the 5th or 6th answer from the top.
How does technical analysis really help?
Answer (1 of 51): * Technical analysis, or using charts to identify trading signals and price patterns, may seem overwhelming or esoteric at first. * Beginners should first understand why technical analysis works as a window into market psychology to identify opportunities to profit. * Focus o...
I like the Laurent Bernut response even better.
Nassim Nicholas Taleb
@nntaleb
·
25m
For those new to the game, there is ZERO evidence that "resistance", "trendline", "Fibonacci", "shooting star", & similar concepts predict anything in mkts. It is simply, like astrology or Modern Portfolio Theory, an anxiety reduction scheme.