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Life is
a journey that has various stops, misery, pain, happiness, joy and love; it’s up
to us to decide how long we vacation at each stop.
Sol
Technical analysis is an art
and not a science, as many would have you believe. One can learn
TA as one might do a foreign language, which most people do like
parrots or one can submerge one self in the appropriate
environment and through practicing, trial and error actually get
the real feel for the language. It's the same way with TA, if you
just memorize techniques written in books you will have
understood only one aspect of TA; you will learn the meaning
of the tools based on someone else’s definition of what it is
supposed to do and what it is not supposed to do.
No one person can tell you exactly how all the tools work, granted
some individuals have invented specific tools and hence are
authorities on that specific tool but they are not authorities on
every TA tool out there. Even the TA tools they have invented can
be adjusted to suit your trading or investing requirements; the
settings in all TA tools should be adjusted and tweaked till you
find one that you can work well with. Remember if every one is
using the same setting that means you have to take a position a
little before the indicator gets oversold or overbought because
everyone else that has the same settings will be trying to take
open new positions at the same time.
The best method is to use a combo of TA tools 1-5, this way you
are not relying on one indicator alone; as the saying goes
practice makes perfect so keep at it. In time it will become
second nature. Additional valuable information can be found
under the article titled "contrarian investing".
SENTIMENT, MARKET TIMING
AND OPTION TOOLS
MARKET WATCH
BREADTH
TRIM TABS FLOW
OF FUNDS
SCHAEFFERS
RESEARCH
WALL STREET
COURIER
PUT CALL RATIO
NYSE BREADTH
LOWRISK
IMPORTANT INTERNATIONAL PUBLICATIONS AND NEWSPAPERS
MIDDLE EAST
DAILY
MIDDLE EAST
TIMES
FINANCIAL
TIMES
THE
ECONOMIST
TIMES (UK)
BBC
ADDITIONAL
NEWSPAPERS
ECONOMIC NEWS
NO OF PEOPLE
LOSING THIER JOBS
FEDERAL
RESERVE BOARD NEWS
ECONOMIC NEWS
AND CHARTS
DEPT OF LABOUR
NEWS
TREASUARY NEWS
FINANCIAL NEWS
SEE THE ACTION ON THE
NYSE FLOOR
ACTION
STOCK SCREENERS
TOP 10 LOSERS
MSN STOCK
RATING
STOCK
CONSULTANT
YAHOO STOCK
SCREENER
MSN STOCK
SCREENER
QUICKEN STOCK
SCORE CARD
CLEAR STATION
(COOL TOOLS)
EDUCATIONAL MATERIALS
EVERYTHING YOU
WANTED TO KNOW ABOUT CANDLE STICKS
TECHNICAL
ANALYSIS A-Z BY EQUIS
POINT AND
FIGURE UNIVERSITY
INCREDIBLECHARTS
GREAT TA
LESSONS
CHART PATTERNS
INVESTOPEDIA
TRADERS.COM
STRONGEST SECTORS
BRIEFING.COM
BARCHARTS
EARNINGS
YAHOO EARNINGS
CALENDAR
WHISPER
NUMBERS
ONLINE
INVESTORS CALENDAR
COMMODITIES AND STOCK
CHARTS
DELAYED QUOTES
COMMODITES AND FUTURES
COMMODITES,CURRENCIES:BLOOMBERG
GOOD CURRENCY
AND METAL CHARTS
GOLD INTRA DAY
CHART
INCREDIBLECHARTS
BIG CHARTS
CHARTS
INO
TRADING SIMULATORS
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