Home » Finance » Stock Market

Technical Analysis Charts - How To Predict The Future Market Using Technical Analysis Charts

Dec 25, 2007
Arriving in the financial markets means you will invest your hard-earned money in the attempt to make profits. That's why it is important to handle transactions seriously and is not something that one should play around with. You must be crystal clear of your investments in order to benefit and minimize the risks of losing money.

When you being trading, you will have to bear in mind that in order to make money, you will have to spend it first. Any company knows this well. They spend on advertising, and on the products they are selling. Its the same scene in a financial market. You invest money to be able to gain money. When you do not invest, your money is stagnating.

You also need to accept the fact that you will lose some money initially as you learn the ropes, but don't let that put you off.

Certain tools can help you minimize the risk of losses.

Technical analysis is an example of a good tool to reduce risks and maximize profits.

It is a tool which tries to predict the outcomes of the market. But people are skeptical about the technical analysis and regard it more of an art rather than precise science. There is no evidence that is in favor of technical analysis.

Still, you do have a few alternatives to get an idea on how the markets are going to move.

Maps and charts are used by technical analysts to predict the movement of the markets. Many people are starting to use this type of judgment to reduce their losses. You would at least have a visual idea of how things are going, using this analysis.

Of course, the faster you reaction time to the changes in the markets, the more is your chance of making a profit.

So, charts are used in technical analysis to display the ups and downs of the market. An analyst will base his judgment on price developments. They predict the outcome of the market based on the past trends of the stock or currency in question.

There are basically 3 types of tables that technical analysts look to see if the prices are likely to change. The first type of diagram is simplest of the three. It is an online map. It just shows you a birds eye view of the movement in stock prices. This can help get a good idea of the trends at a given time..

The other two provide more details.

The 2nd kind of chart used is the graph. This type of card is used to display the price gap within a particular time frame. It make sit easy to judge whether prices have increased or decreased since it displays both the price of opening and closing time intervals. But to read graphs with accuracy you need computer programs.

The other kind of chart is the candlestick graph. It is the simplest to read since it is color coded.

Analysts use graphs to predict future trends, and with a bit of research, so can you.
About the Author
Abhishek has an uncanny insight into Trading! Visit his website www.Trading-Masters.com and download his FREE Trading Report and learn some amazing Trading tips and tricks for FREE. His tips would save you thousands and make you better at Trading! But hurry, only limited Free copies available! www.Trading-Masters.com
Please Rate:
(Average: Not rated)
Views: 130
Print Email Report Share
Article Categories
    • Artists
    • Gambling
    • Humanities
    • Humor
    • Movies
    • Music
    • Photography
    • Tattoos
    • Television
    • Classic Cars
    • Motorcycles
    • Recreational Vehicles
    • SUVs
    • Trucks
    • Vans
    • Branding
    • Business Opportunities
    • Careers and Jobs
    • Corporate
    • Customer Service
    • Direct Mail
    • Entrepreneurship
    • Ethics
    • Financing
    • Franchising
    • Home-Based Business
    • Human Resources
    • Import and Export
    • Leadership
    • Management
    • Market Research
    • Marketing and Advertising
    • Negotiation
    • Network Marketing
    • Networking
    • Organizational
    • Presentation
    • Project Management
    • Public Relations
    • Small Business
    • Strategic Planning
    • Team Building
    • Telemarketing
    • Training
    • Data Recovery
    • Databases
    • Games
    • Hardware
    • Networks
    • Operating Systems
    • Programming
    • Security
    • Software
    • Spyware and Viruses
    • Ask an Expert
    • College and University
    • Home Schooling
    • K-12
    • Languages
    • Online Education
    • Psychology
    • Coffee
    • Cooking
    • Gourmet
    • Recipes
    • Wine and Spirits
    • Acne
    • Aerobics
    • Alternative Medicine
    • Beauty
    • Cancer
    • Cosmetics
    • Depression
    • Diabetes
    • Diseases and Conditions
    • Fitness Equipment
    • Fitness
    • Hair Loss
    • Heart Disease
    • Medicine
    • Men's Health
    • Muscle Building
    • Nutrition
    • Skin Care
    • Supplements and Vitamins
    • Weight Loss
    • Women's Health
    • Yoga
    • Arts and Crafts
    • Babies
    • Collecting
    • Elderly Care
    • Genealogy
    • Hobbies
    • Parenting
    • Pets
    • Pregnancy
    • Woodworking
    • Feng Shui
    • Gardening
    • Home Appliances
    • Home Security
    • Interior Design
    • Landscaping
    • Affiliate Programs
    • Article Marketing
    • Auctions
    • Audio
    • Banner Advertising
    • Blogging
    • Broadband
    • Domain Names
    • E-Books
    • E-Commerce
    • Email Marketing
    • Ezines and Newsletters
    • Forums
    • Internet Marketing
    • Link Popularity
    • Pay-Per-Click
    • Podcasting
    • RSS
    • Search Engine Marketing
    • Search Engine Optimization
    • Security
    • Social Media
    • Spam
    • Video
    • Viral Marketing
    • Web Design
    • Web Development
    • Web Hosting
    • Copyright
    • Cyber Law
    • Intellectual Property
    • National, State, Local
    • Patents
    • Regulatory Compliance
    • Trademarks
    • Buying
    • Selling
    • Baseball
    • Basketball
    • Boating
    • Cycling
    • Extreme Sports
    • Fishing
    • Football
    • Golf
    • Hockey
    • Hunting
    • Martial Arts
    • Running
    • Scuba Diving
    • Soccer
    • Swimming
    • Tennis
    • Dating
    • Divorce
    • Marriage
    • Weddings
    • Astrology
    • Buddhism
    • Christianity
    • Faith
    • Hinduism
    • Islam
    • Judaism
    • Meditation
    • Metaphysical
    • New Age
    • Cable and Satellite TV
    • Cell Phones
    • Communication
    • Gadgets and Gizmos
    • GPS
    • Satellite Radio
    • Video Conferencing
    • VoIP
    • Addictions
    • Coaching
    • Goal Setting
    • Motivational
    • Stress Management
    • Time Management
    • Clothing
    • Electronics
    • Fashion
    • Gifts
    • Jewelry
    • Causes and Organizations
    • Environment
    • History
    • Holidays
    • Men's Issues
    • Nature
    • Philosophy
    • Politics
    • Women's Issues
    • World Affairs
    • Air Travel
    • Camping
    • Cruises
    • Destinations
    • Outdoors
    • Article Writing
    • Book Reviews
    • Copywriting
    • Fiction
    • Non-Fiction
    • Poetry
    • Quotes
    • Screenplay
    • Tools and Resources