What is technical analysis?

Technical analysis is an umbrella term for studying existing price data for a particular financial instrument or index in order to attempt to predict where it might trade in the future, as well as carrying out risk management consideration.

Here are some different technical analysis systems:

• Classical TA (trendlines + patterns).
• Dow Theory.
• Elliott Wave Theory.
• Candlesticks (and candlestick patterns).
• Moving Averages.
• More complex mathematical indicators.

Our analysis are carrid out by the above systems (and a few others), with the exception of Dow Theory. Our main method is the Elliott Wave Theory, or rather our Extended EWT.