TECHNICAL ANALYSIS

Now that you have discovered the purpose of Technical Analysis, let’s look at how you would put it in to practice building an effective strategy. By the end of this lesson you will be able to:

• Describe each charting method
• Explain the attributed of each type of charting method
• Describe alternative technical analysis strategies
• Describe the market profiling process
• Describe volatility time bands
• Define Deviation Pivots and their function
• Explain the Peak exit strategy
• Know how to combine charts to better gauge the market

There are four primary types of charts used by investors and traders depending on the type of information they are seeking and their desired goals. These chart types include line charts, bar charts, candlestick charts, and point and figure charts.