Summary Of Overview to Technical Analysis

Different Types of analysis:

• Fundamental Analysis (FA): Trader's analysis and inventor's decisions mainly rely on the news and latest financial statements of companies. 
• Technical Analysis (TA): Work with values of price over time and statistical analysis of the market. Consider the trading volume, patterns of price, supply and demand, trend and trend line, etc.

Technical Analysis is... 

•  a knowledge of the market.
•  a flexible, well-functioning skill of market. 
  
•  a plan, preparation, and expectation of winning in the market.

Price Chart: A price chart is a showcase of the market and simply put on display what goes through the price during times. It records and plots every movement of the securities price for each specific time as diagrams, It has two axes: time and price.

Time: Time is a ruler of the price chart and its horizontal ax.  Chartists choose a period of time to evaluate every aspect of the market by different strategies. This period of time is known as the "Time frame" and can be categorized as seconds, minutes, hours, days, weeks, months, and years. 
Price: The price is the monetary value of an asset or service. A price value is recorded for each time, and their sequences make a pattern of the market's behavior. 

Different Types of Price on a Price Chart:

• Open price: The price of the first transaction of share during business time.
• Close price: The price of the last transaction of share during business time. 
• Low price: The lowest transaction price during business time.
• High price: The highest transaction price during business time.

Different Types of Price Charts:

• Line chart
  
• Bar chart
  
• Candlesticks chart

Different Types of Trading:

• Scalper
• Day trader
• Swing trader
• Position trader