2Yr·

Understand basic trading TA in charts



Since there are always questions under posts about TA, here are the absolute basics, which are often considered in a technical chart analysis.



Of course, you will not see exactly these "drawings" in every chart again, but it should give you a rough overview of other TA analyses.



If you are still interested in the topic:

Have a look at the posts of @TradingMelone even if they are not easy to understand as a beginner.

Here are profiles that deal with this:

@Der_Dividenden_Monteur
@CorruptedCaptain
@Enyana
@ThomasHochZwei
@investorsapiens





#trading
#ta
#learn

attachment
attachment
attachment
attachment
attachment
36
48 Comments

profile image
Above all, I am interested in why TA works and only secondarily how it works. @TradingMelone does a good job
2
profile image
@DonkeyInvestor jop i don't care why it works as long as it works.
1
profile image
@DonkeyInvestor Psychology. If enough people believe that there is resistance at value X, then there is also resistance at value X.
2
profile image
@Enyana just not, if you believe @TradingMelone
profile image
@leveragegrinding perfectly legitimate. I like to understand the things I do. Especially when I put my money into it
1
profile image
@DonkeyInvestor People make the price. If a fibonacci retracement, a resistance or a trendline etc. say that the price will continue to run or turn at a certain point, then it does not just do that, but because many people look at the same indicator and think "oh the price will do this and that here" and then buy or sell. The exception to this is events, these destroy any TA.
1
profile image
@DonkeyInvestor
But if you think about it now, institutional also use TA in some way... Of course, the institutional movements are stronger than some retail investors who see a pattern.
2
profile image
@Enyana I'm out of the discussion. This is something for @TradingMelone
profile image
@Enyana donkey or Tradingmelone meant only that the bulk of the movements in the market does not come from private investors who pay attention to Fibonacci etc.. But that many TA pattern by institutional movements in the market come at all states, you can see in his volume-based strategy quite nice :) But also these use among themselves !partly! TA, so I would sign both.
profile image
@leveragegrinding yes of course the mass does not come from private investors, but to my knowledge the institutes use indicators in the same way. What else? The people who work there had to optimize their risk management before they were allowed to trade the way they do now. The strategies differ, but there are some indicators that almost everyone uses.
1
profile image
@Enyana @leveragegrinding let me put it this way. Most of the market is controlled by algorithms. And the only reason why FIB levels work is that algorithms trade according to certain Fib levels. Some I know some I don't know.
View all 21 further answers
profile image
The art with TA is to use it correctly and not to look for confirmation of your own wishes. If you look long enough, you will always find a support somewhere. The worst thing you can do is to trim the indicators until it fits. Otherwise TA is mMn a wonderful tool to read Big Data of the stock market.
1
profile image
And how do I become a millionaire? A look at your portfolio shows me that you are very successful with it and I would like to learn more. do you have a Telegram group to join or a course I can book? GaLiGrü
profile image
@KapriolenCapital my bags I bought before I applied TA.😵‍💫 Dat you can also see Telegram group's only from 50€ registration fee :) And is called Instagram account
profile image
@leveragegrinding Did not want to open wounds. You can make a chart NFT Collection to recover the losses again
1
profile image
@KapriolenCapital
I demand 2 hours of free phyton tutoring Offer a trading tip that runs 100% in the knock. And yet BY MY POCKETS I AM EMPATHYING
1
profile image
@leveragegrinding Well then we write an algo that always inverts you, then it goes for once towards the moon 🌚
1
profile image
@KapriolenCapital 🌚As soon as it works, I make profits.
If you wrote Chinese, I wouldn't understand less either.😜😂😎
profile image
@leveragegrinding crap, Python is not the programming language of my choice, but I can offer you quite a few others😜 (also Pine Script)
Deleted User
2Yr
Comment was deleted
profile image
@ThomasHochZwei @Enyana I'll get back to you on that👀 But unfortunately tomorrow , next Monday and Wednesday, as well as on the 24th An exam.
profile image
@leveragegrinding Good luck! 😄
1
profile image
Once shoulder neck line cut to 0 🙏
profile image
@SquirtGame make for 12 euros, nix more
Deleted User
2Yr
Comment was deleted
profile image
@ThomasHochZwei nope. As soon as you trade with the 1h chart or below, I would consider it. However, since I rarely use the 1h chart, actually only for SL and TP or to set these high during the trade, I do not need real-time data.
Join the conversation