For those readers who dont have any idea about technical analysis, I would advise them to learn basics about Technical Analysis by clicking here. As I found this website very good in explaining about different chart patterns and indicators. Another good website for learning is Informed Trades.Com. Lots of videos are available on this site which gives very good undersatnding about the different techniques used in Technical Analysis.
There are two basic things in TA one is Chart Patterns and other is Indicators. I am listing some of those:
Chart Patterns
1. Double Top and Double Bottom
2. Head & Shoulder
3. Wedge Pattern (Upper and Lower)
4. Flag/Pennat
5.Traingles
Indicators
1. Relative Strength Indicator (RSI)
2.Moving Avg Convergence divergence (MACD)
3. Stoichastic
4. Bollinger Bands
5. Avg Directional Movement Index (ADX)
6. Parabolic SAR
These are some very basic chart patterns and indicators for more detaisl and indepth knowledge, visit the 2 sites mentioned above .
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment