How to Use the Technicals
There are different approaches to trading. Technical trading is one approach and can be used by itself in conjunction with other approaches
Main Benefits
Technical trading allows a simple and apparently quick approach to trading and includes everything from support/resistance to technical indicators. Some of the most effective systems are technical in nature. The most effective systems are usually simple but not necessarily easy to implement.
Easy to Read Visuals
Technical trading involves pretty candle stick patterns that are quick and easy to access.
Simple and Repeatable
Some technical systems involve using the same repeatable patterns applicable to all time frames.
Back Testable
Technicals can be testable with what's called backtesting. This can be particularly accurate especially when relying simply on price action.
Simple Price Action
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How to Trade Using the Stochastic Divergence Indicator & Price Action
Trading with Price Action is one of the most accurate ways of finding good trades and entries. Combine this with Stochastic and Divergence and you have better entries on all time frames
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