Technical Analysis is
the study and modelling of past price movements of financial instruments
in the expectation that this will help in the prediction of future
price movements. Technical analysis involves the use of mathematical
indicators such as moving averages, and the interpretation of price
patterns on charts, such as 'flag' patterns, or 'head and shoulder'
patterns. In day trading, technical analysis is all that counts.
Day traders are not interested in fundamental analysis, as the timescale
on which they operate is too short for this to be meaningful. Technical
analysis can also be used in long term trading as well as short-term
trading. The best indicator for day trading without any doubt, is
(hence the focus of this site!).
The SureFireThing Camarilla Equation for use in day trading is available online from these