How to use technical analysis in day tarding ?

Hello everybody,
this is ronnie,
i hav a query regarding application of technical analysis in day trading. Like how many chart patterns r there for understanding the pattern. How to study these charts .

Thanx

answer is not simple as the question seems , try the site stockcharts.com , there is some small but good explanation there , the ta is a very broad concept , there are lots of patterns studies and indicators u need to understand them one by one , and find out most suitable set for urself . ur question should not be application of technical analysis in day trading if u don't know ta .

firstly clear concepts in this area , paper trade and back test strategies then try in swing trades if u have mastered in them then try for day trading , one notable point is that application of ta in day trading can be counted among toughest tasks in world and u need the speed of a fighter Pilot because u need to take quick and correct decisions within minutes or seconds otherwise ur position will kill ur capital .

i hope information would be helpful .

abhi :thumb:

Thanks abhi .thanx for the post.

dear, how to use and where i can see the best possiable intraday call

visit the site www.babypips.com

i know it is a site for forex but u can understand the technical indicators and reading of candlestick charts pretty easily there....believe me i have read it whole...its fun simple and easily understood...all the najor technical indicators is given in their free school section

believe me when i say....never rely on intraday calls...

if you do then backtest them on technical analysis your self.....check the historic data and work accordingly...on a single doubt abt call, dont act on it.

Good site. Thanks for the link!

Thanx, rajputz i'll definately try this web.