What information does Technical analysis tell you ?

Discussion in 'Technical Analysis' started by traderwald, Dec 23, 2019.

  1. SunTrader

    SunTrader

    A little T & A goes a long way.

    Oh you said TA. Nevermind.
     
    #11     Dec 23, 2019
  2. speedo

    speedo

    :D:rolleyes:
     
    #12     Dec 23, 2019
    syamrajk likes this.
  3. Sprout

    Sprout

    TA generates context. Context that is the market states of continuation or change.
     
    #13     Dec 23, 2019
    drcruz and formikatrading like this.
  4. Could you please show a hypothetical description / text of the context and what is the TA that generated it ?
     
    #14     Dec 23, 2019
  5. Sprout

    Sprout

    From your level of inference, it’ll sound like a foreign language.

    What’s your trading time preference?
     
    #15     Dec 23, 2019
  6. x
    It is between 2 days to 2 weeks that I prefer to trade for Futs on index trading
     
    Last edited: Dec 23, 2019
    #16     Dec 23, 2019
  7. Overnight

    Overnight

    If traders abandon everything you call a waste of time, they would be caught in a logic loop. Because according to you, trading is a waste of time. So then they would not be traders....So how could trading then be a waste of time, if they are no longer trading because trading is a waste of time, and so they are not traders?

     
    #17     Dec 23, 2019
    faet and drcruz like this.
  8. deaddog

    deaddog

    TA tells you what the market is doing.

    It's up to you to figure out if the probability of it continuing to do the same thing presents you with an opportunity to profit from what the market is doing.
     
    #18     Dec 24, 2019
    drcruz likes this.
  9. dozu888

    dozu888

    Terrible
     
    #19     Dec 24, 2019
  10. comagnum

    comagnum

    TA defines the dollar risk & profit target. It can help you pin down the apex where a big breakout is more likely to occur.

    The stock gaps out of any overhead resistance to an new all time high with volume extremely larger than it's long term avg. Next step is to see if a trending move will setup with a lower risk entry - and it did.

    upload_2019-12-23_20-16-42.png


    A half mast flag developed after the first hour which setup a lower risk entry as price constricted. The flag suggested another equal sized move up was possible.

    * blue boxes are the same size to show how well the half mast flag forecasts the length of the 2nd leg up. Often it forecasts the top precisely - this one was close.

    * the flag is where the institutions accumulate - this level they will protect making the trade that much less risky.

    upload_2019-12-23_20-46-38.png
     
    Last edited: Dec 24, 2019
    #20     Dec 24, 2019
    drcruz likes this.