Title: Why and when Technical analysis matters
1- Why and when Technical analysis matters
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3About OptionTiger
- Youve probably asked yourself about
the importance of Technical analysis and Volume
analysis. There are people who swear by Technical
analysis theyll take the trade only if a
certain pattern is playing out. And there are
others who never look at charts or rarely look at
them. So whos correct ?
The answer lies in between. Any trader that
understands the importance of Technical analysis,
but knows its limitations at the same time, is
best poised to take full advantage of these
tools. One thing should be clear these analyses
only works when there is an absence of
fundamental events. A fundamental event could
be anything like Earnings reports, Lawsuits,
Merger and acquisition talks, Global geopolitical
crises, and any number of such events. No amount
of technical analysis will work during these
times. But these fundamental events occur during
a minority part of the year. There are 4 Earnings
reports for sure, but the other events are quite
rare. So Technical Analysis will work during 60
to 70 of the time. The key is to know when to
rely on Technical analysis, and when not to.
4About OptionTiger
- Technical analysis is a self-fulfilling prophecy
if enough number of traders are looking at the
same thing, and decide to act, more traders will
jump into the trade, and when more traders jump
into the fray, even more will jump in. This is
what makes stocks move big-time even when there
is an absence of any kind of good or bad news
around it. -
- Volume analysis, on the other hand, is
very under-rated studies in the markets. Detailed
Volume analysis can provide valuable clues about
what the Smart Money is doing. Think about it
Volume is the only indicator that Smart Money
cannot hide. They can hide everything else, but
they cant hide volume (even though they try
their utmost to do it.).
5About OptionTiger
- The Technical Analysis, Volume analysis and
Chart reading skills is a 4-hour, 28-video
course on Udemy that provides breakthrough
insights on these topics. This bundle retails at
249. For a limited time, you can pick this up at
a 50 discount by clicking the link below. I can
only set a finite number of coupons on Udemy, so
pick it up before they run out. -
- If you think you have a 50-50 shot on any trade,
good Technical analysis and Volume analysis can
take your edge in every trade to 70 to 75. Pick
up this bundle and give yourself this edge in
your trading. -
- The link is here - https//www.udemy.com/master-t
echnical-analysis-and-chart-reading-skills-bundle/
?couponCode50off-MasterTechAnalysis
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