DAYTRADING Fundamentals Message Board

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Strategies & Market Trends : DAYTRADING Fundamentals

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To: wallstreeter who wrote (2836)	8/15/1999 2:57:00 AM
From: OZ	Read Replies (3) of 18137

"his book used no TA whatsoever ,just chart reading." Wall, The above statement is incorrect. Charts are the core of technical analysis. I suggest you get the Nison candlestick book and learn it before you go into indicators. The chart is always primary and the indicators confirm what you are seeing on the chart. If i had just two tools, it would be a daily chart and volume bars to go with it. So as not to get any flack from eric on what the core of TA is, let me re-state.... The core of technical analysis is the mathematical relationship of the numbers related to price of a security. This is usually visually mapped by way of charts though not necessary for the gifted or those with the software to filter out the key patterns. OZ

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