"When technical tools are used judiciously, their value cannot be overstated. And every time you apply a tool of technical analysis, you are calculating a consensus of bullishness or bearishness among all market participants...
The principles of market psychology underlie each and every technical indicator, so a good understanding of crowd behavior is crucial to your understanding of the fundamentals of particular technical indicators.
Assuming that most readers already possess some knowledge of interpreting the more common technical indicators, we will specifically describe how market psychology drives these individual tools."
Read more at:
https://www.investopedia.com/articles/trading/02/121602.asp
The principles of market psychology underlie each and every technical indicator, so a good understanding of crowd behavior is crucial to your understanding of the fundamentals of particular technical indicators.
Assuming that most readers already possess some knowledge of interpreting the more common technical indicators, we will specifically describe how market psychology drives these individual tools."
Read more at:
https://www.investopedia.com/articles/trading/02/121602.asp
No comments:
Post a Comment