InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,699.94
(
-0.17%
)
US TECH 100
19,239.98
(
-0.20%
)
Dow Jones
42,011.59
(
-0.44%
)
Brent Oil
77.83
(
4.30%
)
Bitcoin
60,894.97
(
0.45%
)
Post# of 62091
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Myst

Send PM Follow Ignore
Followers 63
Posts 2918
Boards Moderated 3
Alias Born 03/28/2002

Myst

Member Level

Re: ap17 post# 25023

Monday, 09/06/2021 7:52:25 AM

Monday, September 06, 2021 7:52:25 AM

Post# of 62091
history lesson....

Keep on trying to apply 70+ year old T & A to a brand new asset class. Not quite working out now is it??

Technical analysis as we know it today was first introduced by Charles Dow and the Dow Theory in the late 1800s.

Price is a momentary consensus of value between all market participants at the time of transaction. Since humans have memories repetitive patterns develop. People remember when they sell or when they bought. When many people buy or sell at a certain price level, support or resistance levels are formed. Mathematics in the form of technical analysis are useful in depicting these levels graphically on a chart. This gives technical analysts an "edge" in trading. Nothing more, nothing less. The better the analyst the better the edge for making profitable trades.

Myst

X_DEV board

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent BTCUSD News
More BTCUSD News
InvestorsHub NewsWire

FEATURED SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service To Enhance Natural Rubber Industry's Ability to Report on Sustainable and Ethical Supply Chains • Oct 3, 2024 7:00 AM

Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer • BASA • Oct 3, 2024 9:15 AM

Integrated Ventures Announces Launch of MedWell Facilities, LLC and Lease Agreement with Giant Fitness Clubs • INTV • Oct 3, 2024 8:45 AM

Beyond the Horizon: Innovative Drug Combinations Offer New Hope for Alzheimer's and More • NVS • Oct 3, 2024 8:45 AM

Transforming Alzheimer's Treatment: Innovative Combinations to Boost Cognition • PFE • Oct 2, 2024 9:00 AM

Unitronix Corp Unveils Cryptocurrency Investment Portfolio Strategy • UTRX • Oct 2, 2024 8:40 AM

Start posting your company's news
Only $200 per official company press release!