The Lemon Fool

Hi all,

First post, so be gentle. I've been interested in markets for a long time, and started putting my money where my mouth was in 2007. It's been quite the ride since.

More recently, over the last 2 years or so, I've been giving TA some consideration. There is an analyst I follow on Seeking Alpha (don't mock; some of them on there are pretty good), and a couple I also follow on YT.

I won't name them unless asked, as I don't want to come across as a shill, but if any of you could; that would be appreciated.

All the best,

Gobobo.

Michael Taylor - shiftingshares.com is pretty active on Twitter and YouTube.

I don’t do TA, nor do I trade actively, but I find his videos pretty interesting.

Thanks,

Juan

JuanDB wrote:Michael Taylor - shiftingshares.com is pretty active on Twitter and YouTube.

I don’t do TA, nor do I trade actively, but I find his videos pretty interesting.

Thanks,

Juan

Thank you, I'll have a look at those.

I'm only using it for large indexes, anything smaller than that can be influenced by more than just EW, imo.

Gary Savage (smartportfoliotracker) is very good imo. I always watch his video updates.

He was absolutely spot on for the whole length of the secular bull market, saying "10k on Nasdaq is gonna be a piece of cake... 20k isn't out of the question." when Nasdaq was still well below the 2000 highs.

Better idea rather than following other people is to understand what they are doing.
A couple of books that helped me to understand this stuff.

Fred McAllen - Charting and Technical Analysis
https://www.amazon.co.uk/Charting-Technical-Analysis-Fred-Mcallen/dp/1456468693/ref=sr_1_8?crid=2FV9OLS2PRTK0&keywords=technical+analysis&qid=1649424796&sprefix=technical+analysis%2Caps%2C102&sr=8-8

Jack Schwager - Getting Started in Technical Analysis
https://www.amazon.co.uk/Getting-Started-Technical-Analysis-Schwager/dp/0471295426/ref=sr_1_11?crid=2FV9OLS2PRTK0&keywords=technical+analysis&qid=1649424796&sprefix=technical+analysis%2Caps%2C102&sr=8-11

I've read and self-taught on various TA methods over the years.

IMO if I could pick one to recommend, it would be Stan Weinstein's

"Secrets to Profiting from Bull and Bear Markets."
It's not a new book, but you can still find it easily enough.

When asked why he has never released another book, Stan always said "I said pretty much everything I wanted to in that book." which I think speaks volumes.