The Newbie Guide To Technical Analysis (TA)

If you are keen to learn about Technical Analysis (TA) and how to read charts that can predict future price movement and actions, then the below video explains the basics of Technical Analysis (TA) very well for you.

It will be very useful to learn about the terminology and indicators that investors/ traders/ financial YouTubers use to get a better understanding of their analysis and sharing.

I have attached screenshots of the video that can give you a good overview just in case you do not have time or do not wish to watch the video. If you need further elaboration, just click on the timestamp next to the respective title to watch the explanation.

0:12 What is price action

0:12 What is all-time-high

0:20 What is price support

0:26 What is price resistance

0:32 What is a trendline

0:40 What is a formation

0:50 What does bullish and bearish mean

0:57 Difference between long and short position

1:13 Market order vs limit order

4:50 How to read a candlestick graph

5:08 What do red and green candles mean

6:00 What do candlestick wicks mean

7:38 Technical analysis exceptions

8:14 What are trendlines in TA (in-depth)

9:46 How to use support and resistance lines

10:50 What is trading sideways

11:40 What are formations in technical analysis

11:59 Common formation MISTAKE

13:06 Wedge pattern & pennant pattern

13:12 flag pattern & Cup and handle pattern

13:27 Head and shoulders pattern

14:10 What is leverage in trading

15:15 What is a trailing stop loss

15:54 Trading Volume – Not all trends are created equally

16:49 What is market cap and why does it matter

17:12 How to use RSI in trading

18:46 how to use moving averages in trading

20:24 Analysing a double bottom chart

21:00 Using EMAs

I hope this article has been useful to you in some ways and you have learned something from it. You can always come back to this article to refresh your memory if you are confused with the terms used by other analysts/ financial bloggers when they are explaining Technical Analysis (TA) in their reports/ videos.

***
Keen to learn about options trading but do not wish to pay for expensive courses, this newbie guide will help gain the knowledge and fundamentals to understand options better. And it’s totally free!
The Newbie’s Guide To Options Trading

The LEAPS Strategy has helped me make more than USD120,000 in 2021. Here’s all you need to know about this strategy that can help you increase your wealth exponentially:
The Ultimate LEAPS Options Thread

Looking for ideas on what stocks to invest in or which stocks to trade? You can take reference from what I have been buying or selling. I try to update them as soon as I can in this section, as well as share my thoughts behind executing these trades:
MY TRADES

Excited to start your trading journey or perhaps try out with a paper trading account to build your confidence in trading? Check out this step-by-step to help you get started:
How To Buy Options on Interactive Brokers (Step-By-Step)

If the bear market in 2022 is making feel depressed as your stocks come tumbling down, read this article to find out how you can use options trading to help you claw back some of your losses as you await market recovery:
How I Do Earn Even When The Stock Market Is Bearish?

I watched tons of videos on YouTube since 2020 and if you are wondering if there are any useful channels that you can subscribe to for learning market trends, TA, FA, check out this compilation here:
My Secret Weapons For Options Trading: I Watch These YouTube Financial Channels Every Day

I concluded my first year of options trading with more than USD160k of gain, see how I do it and the capital I use for every month to give you a sensing of the percentage yield I get out of my gains:
1st Year Options Trading Recap: The Journey Towards SGD$217,509 Profits In 2021

This blog is as authentic and as transparent as I can share, I do not just show the wins and hide the loss. I have made some very bad decisions in the first 8 years of investing and paid a huge price for them. Here is the loss I have accumulated during these years. I hope you learn some lessons from my mistakes.
I Cut $135,715 Worth Of Losses In The Last 1.5 Months

Want to learn more about Technical Analysis (TA) but find it difficult to grasp the concepts? This article brings you TA at a glance, and helps you understand key terminologies, indicators, and techniques used in TA to equip you with the knowledge that can empower you in your investing/ trading journey.
The Newbie Guide To Technical Analysis (TA)

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