Conclusion

This discussion on Technical Analysis is by no means comprehensive and in depth. It is hoped that this article has opened up the field of Technical Analysis to the reader and have ignited the interest of the reader in Technical Analysis so much so that the reader would be spurred on by the new found interest to take further actions to learn and master Technical Analysis for their trading success.

Technical Analysis is an art form. What one does is more of a matter of personal preference and style. It is critical to use the tools that you are most comfortable with and that of which will match well your trading philosophy. Never forget Technical Analysis is just a forecasting tool. As with any other forecasts, it should be continually monitored, assessed and updated when new conditions appear. Never depend solely on a single tool to provide you with the trading signals as some will work better than others in different situations. Back testing and paper trading might be a good start to stress test any new trading systems before you actually take the plunge. And never forget a sound money management is just as critical if not more important than the Technical Analysis itself in any successful trading endeavor.


    Table of Contents
  1. Introduction
  2. Technical Analysis Explained
  3. Building Blocks of Technical Analysis: Charts
  4. Building Blocks of Technical Analysis: Trendlines
  5. Building Blocks of Technical Analysis: Moving Averages
  6. Building Blocks of Technical Analysis: Indicators - RSI
  7. Building Blocks of Technical Analysis: Indicators - Bollinger Bands
  8. Building Blocks of Technical Analysis: Indicators - MACD
  9. Building Blocks of Technical Analysis: Price Patterns - Reversal Patterns
  10. Building Blocks of Technical Analysis: Price Patterns - Continuation Patterns
  11. Conclusion
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