Saturday, August 23, 2008
Wednesday, August 20, 2008
Learn Technical Anlaysis With Our Stock Market Videos
Monday, July 28, 2008
Technical Analysis Video Blog - Stock Market Loses On Housing News
Sunday, July 27, 2008
Learn Technical Analysis Of The Stock Market!
Tuesday, June 10, 2008
Key Points in Understanding Technical Analysis of Stocks
2 -Technical analysis is particularly helpful in the detection of buying and selling pressures before there is a widely seen fundamental reason for buying or selling.
3- Often times the fundamental reasons for a stock's move are not recognized until later, but the technical reasons are apparent earlier in the move. Technical analysis often makes the illogical suddenly logical.
4- Technical analysis anticipates or precedes market fundamentals.
5- If this is so, there must be technical factors which have better leading tendencies than others.
6- Hence, volume is more important than price itself in considering future price movement. In other words, Volume has a strong tendency to precede price, and Volume forecasts price better than fundamentals.
These thoughts opened the door for Granville's developement of OBV.
(source: Granville's New Key to Stock Market Profits by Joseph E. Granville.)
Sunday, May 18, 2008
An Introduction To Learning Technical Analysis of Stock Charts
The stock market and stocks are unpredictable. If there is nothing else that can be guaranteed about stocks, or the stock market, it can be guaranteed that there are no guarantees.
No amount of studying, training, or experience can make a human being, or a computer for that matter, consistently predict changes in the market or stocks. The stock market is essentially driven by human behavior and human emotion, both of which are largely unpredictable. One can anticipate, but cannot predict. Also, no one can predict world and economic events, or the human reactions to them. Similarly, corporate events and news can be inaccurate or intentionally misleading and therefore should not be trusted.
However, stocks and markets often continue in trends that can last weeks, months or sometimes even years. When placed on a price chart stocks, and the stock market, form identifiable patterns. This is mainly because humans react to patterns and actions in repeatable ways. For example, people often trade off of support or resistance levels or at new highs or lows, causing a buying or selling wave to occur at such areas. Similar behavior can be seen at round numbers, or at previous highs or lows as traders anticipate these actions and reactions.
By understanding where and when these waves will occur, we can greatly increase our odds of anticipating the moves in the market, and as such our probability for stock trading success. That is known as technical analysis of the stock market, and that will be the focus of this blog, Learning Technical Analysis.
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