Mastering Technical Analysis

Posted on April 19, 2008
Filed Under Trading Education |

Technical Analysis relates to the examination of a wide array of indicators and financial charts with a view to predicting future price positions based upon past precedents from comparable historical chart and indicator movements. Some academic studies have concluded that technical analysis can attain a higher degree of a likely outcome compared with just using fundamental analysis on its own.

Technical analysis makes use of all the technical and related information that you can glean pertaining to a traded instrument, be it a stock, option, currency, warrant or other derivative financial instrument. If you want to be successful and profitable over the long-term, you cannot avoid the requirement to educate yourself with a reasonable degree of knowledge of technical analysis as a part of your toolbox.

The good news is that with the advent of the Internet, we can now download a vast range of technical information with only a few clicks on our mouse. Further, there are powerful software solutions nowadays such as StockMarket Plus which can chart and crunch a great degree of data in a millisecond.

These advances should provide even more motivation to learn and master the science of technical analysis. There is an excellent interactive and self-paced technical analysis education program called Intelyze which enables you to master the many different elements to technical analysis at your own rhythm.

The Intelyze programme includes a four phase learning arrangement. Each indicator is first explained in detail. The program then makes available examples to demonstrate the explanation. It then makes available exercises for you to test yourself with, and finally allows you to self-assess your comprehension by comparing your exercise results with the program’s pre-installed result for each exercise.

The Intelyze Technical Analysis programme is data independent. That is to say that it is not connected to, or dependent upon, any other technical analysis software or data feed on the market. It will simply demonstrate how to interpret the output from any other analysis programs such as StockMarket Plus.

If you have clicked the link to the above Intelyze program webpage, you may have noticed a peel away ad in the top right hand corner of the page which advertises Success Uni. That is included on that webpage is because some of the courses as a part of the Success University curriculum cover financial education as well.

The Intelyze programme includes interactive help functions and an interactive manual, in addition to an interactive teacher that directs you through the course with sound and illustrations. The Intelyze programme doesn’t just provide you with video clips or formatted text course material. Rather, it includes a wide variety of navigational elements to bring interactivity beyond that of any other similar product on the market.

Tags: Trading Education

Mastering Technical Analysis

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