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Thursday, 16 June 2011

Technical Analysis Insight: The "Triple Fan" Trendline Technique | Elliott Wave International

Elliott Wave International analyst Jeffrey Kennedy just completed his second year of teaching the technical analysis portion of Options Strategies, Techniques and Nuances for the Individual Investor and Floor Trader -- a graduate-level course at the Georgia Institute of Technology.
Kennedy says that "the class was made up of more than 40 of the most brilliant graduate students I have ever met!" Even so, at the start of the semester, he was surprised to learn that less than 20 percent of them knew what a price chart was.
Some of his students even challenged technical analysis in favor of the Random Walk Theory and the Efficient Market Hypothesis.
Yet Kennedy believes technical analysis has earned its place in the study of finance: he wanted his students to grasp all that the method offers. He believes he met that objective by semester's end.
Jeff Kennedy's commitment to teaching goes beyond the physical classroom; he devotes a great deal of time to educating others as a seminar instructor, and via his writings. One eBook he authored is The Ultimate Technical Analysis Handbook. This work offers a wealth of useful technical analysis insights.

Read More: Technical Analysis Insight: The "Triple Fan" Trendline Technique | Elliott Wave International

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