Technical analysis sequential index

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Technical Analysis

«Fear of danger is ten thousand times more terrifying than danger itself.»
(Daniel Defoe)

Bull and Bear

«Don't try to buy at the bottom and sell at the top.
It can't be done except by liars.»

(Victor Sperandeo)


«To follow experience might lead you to make mistake,
but you are a donkey if you don't follow it.»

(Jesse Livermore)

Market Direction

«Don't trade if you are not sure.»
(Victor Sperandeo)

Continuation graphic formations

«I never try to predict or anticipate. I only try to react to what the market is telling me by its behavior. I believe there are no good stocks or bad stocks; there are only money making stocks. So there is no good direction to trade, short or long; there is only the money-making way to trade.» (Jesse Livermore)

Inversion Graphic formations

«Most people think that they're playing against the market, but the market doesn't care.
You're really playing against yourself.
You have to stop trying to will things to happen in order to prove that you're right..
(Marty Schwartz)

Short Term Inversion

«Listen only what the market is telling you now.
Forget what you thought it was telling you five minutes ago.
(Marty Schwartz)

Other Formations

«You have to follow your own light.
When you try to incorporate someone else's style,
you often wind up with the worst of both styles.
(Marcus Michael)

Chart analysis tools

«Not making money through your trading, you are probably not asking the right questions.»
(Ruth Barrons Roosevelt)

Price Retracements

«When I'm bearish and I sell a stock, each sale must be at a lower level than the previous sale.
When I am buying, the reverse is true.
I must buy on a rising scale.
I don't buy long stocks on a scale down, i buy on a scale up.
(Jesse Livermore)

Targets x sospeso

«Don't worry about catching tops or bottoms, that's fools play.»
(Jesse Livermore)


«I do not believe in gambling or reckless speculation,
but am firmly convinced, after years of experience, that if traders will follow rules and trade on definite indications,
that speculation can be made a profitable profession.»

(William Delbert Gann)

Other methodologies

«The key to long-term survival and prosperity has a lot to do with the money management techniques incorporated into the technical system.
There are old traders and there are bold traders,
but there are very few old, bold traders.
(Ed Seykota)

Joe Ross

Jeff Cooper


«If you start identifying with every trade and your self-esteem starts to depend on whether you are right or wrong then you will be on a slippery slope.»
(Ruth Barrons Roosevelt)