Who started technical analysis?

Discussion in 'Technical Analysis' started by bbqbbq, Aug 20, 2008.

  1. bbqbbq


    I don't mean indicators, but price analysis with supports and resistances.

    Is there a guy like Warren Buffett who became a billionaire doing this kind of technical analysis?

    Also, how do I use RSI in my trading plan?:)
  2. The answer is hundreds of years ago.

    Many used supply/demand to determine the price of crop, slaves, merchandise et cetera.

    However, I don't think they refer to it as support and resistance. :cool:

  3. The Japanese... for the rice market.
  4. Surdo


    Munehisa Homma is the father of candlestick charting.
  5. AAA30


    Munehisa Homma

  6. bespoke


    The Knights Templar - the protectors of the holy grail
  7. bbqbbq


    Thanks. I have found my answer :)

    "He is considered the most successful market trader in history, generating over $100bn in profits at today's prices, some years earning over $10bn a year."

    Richer then Warren Buffett :O guess technical analysis beats fundamental analysis

    What about the usage of RSI, anybody uses it?
  8. Aristotle