TAE OVERVIEW
2
Technical Analysis 4 Stock Trading
THE THREE KEY AREAS OF TECHNICAL ANALYSIS
1. TREND
2. AREAS OF VALUE
3. ENTRY TRIGGER
TREND
1. NOTE THE TREND PATTERN: DON'T BUY STOCKS IN A DOWNTREND
2. DON'T BUY AND HODL
3. USE THE 200-PERIOD MOVING AVERAGE FOR TREND CONFIRMATION
AREAS OF VALUE
1. SUPPORT/BUYING PRESSURE & RESISTANCE/SELLING PRESSURE LEVELS
2. TREND LINES
3. MOVING AVERAGES: 20/50/100 MA
IF THE TREND IS REALLY A STRONG ONE, IT CAN BOUNCE OFF THE 10/20 MA NOT NECESSARILY THE 50 MA AND CONTINUE TRADING HIGHER.
IF THE TREND IS NOT VERY STRONG OR WEAKER, THEN THE 100/200 MA IS MORE APT TO USE.
REMEMBER TO BUY IN AN UPTREND AS WELL AS AN AREA OF VALUE
ENTRY TRIGGER
1. CANDLESTICK PATTERNS
2. SHOOTING STAR, HAMMER, BULLISH/BEARISH ENGULFING CANDLESTICK REVERSAL PATTERN
THE TAE FRAMEWORK IS A MULTI-LEVEL FRAMEWORK THAT UTILIZES THE CONCEPT OF THE TREND, AREA OF VALUE AND ENTRY TRIGGER.
STAY UPDATED FOR MORE INFO. BUT FEEL FREE TO EXPRESS YOUR OWN STRATEGY IN A FEW WORDS...