Technical traders

[Eugine]

Technical traders make their decisions using two primary tools:

    * Charting tools (trend lines, support and resistance levels, etc,)
    * Quantitive Trading Models (mathematical analysis to identify trading opportunities).

The goal of a technical analysis is to study historical data or past behavior of the market in order to predict future market movements. Traders may using their own charts and/or models, or use those developed by third-party providers.