Wilderness Technical Analysis Top Ten List
One of the queries I get frequently from Wilderness members, who are not familiar with Technical Analysis, is about terminology, and about the various disciplines within technical Analysis. I’d like to answer each and every one of those questions, but it would take several podcasts to do it. So, what I’m going to do instead is describe the top ten disciplines that make up Technical Analysis, at least from my perspective, and then in later episodes I’ll cover each one in more detail. Some of the disciplines may take several episodes. So, you can look forward to a new episode on technical analysis every week.
A goal of the Investor in the Wilderness podcast is to teach the basics of Technical Analysis, Stock Screening, Money Management, and Investing Tips, so that the foundations of the art are ingrained, that they are tacit knowledge. And I do mean that it’s an art, and like any art form, there are a number of disciplines, tools, a lexicon and technique that must be mastered, before you can effectively practice the art. In this case that number is ten. So this post describes those things in a top ten list.
1. Become a chartist, that’s like an artist but with charts.
2. Work in multiple time frames.
3. Stick with your trends through thick and thin, long and short.
4. Get to know your trends with lines.
5. Be moved by the moving averages.
6. Find the support and resistance levels.
7. Understand Fibonacci and Retracements.
8. Know your oscillators.
9. Divergences are your friend.
10. Market Internals tell you the health of a trend.
