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Strategies & Market Trends : Fibonacci Dynamics

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To: sammy™ -_- who wrote (110)3/10/2007 11:53:36 PM
From: sammy™ -_-Read Replies (1) of 330
 
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An approach to forecasting prices that examines patterns of price change, rates of change, and changes in volume of trading and open interest, without regard to underlying fundamental market factors. Technical analysis can work consistently only if the theory that price movements are a Random Walk is incorrect. See also: Fundamental Analysis.

See also: Technical Analysis Articles

Recommended Reading:

Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications
by: John J. Murphy
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