Advanced Technical Analysis - A Series

In this series, I'll cover advanced Technical Analysis topics. It is assumed that you know the basics of Technical Analysis and have some experience actually trading real money. If you do not have experience, you can easily find study material by googling around. As for trading experience, start a paper trading account if you do not have a trading account already. Do not experiment with real money if you haven't done that already.
It is well known that Technical Analysis is useless without the proper combination of Risk and Management. I'll add Mind Management to this list.
My personal choice of indicators are the following:

• MACD
• Stochastics
• RSI
• Williams% R

In this series, we'll focus more on the behavior and the use of indicators, understanding what they are trying to say and not restrict our focus to the math angle.

The most important element also is the study of waves. Study need not be to the depth of an Elliot or O'Nealy, but enough to give practical chances in the market. The aim is always to ride a good position as far as possible and to cut out a bad one early.