Does Technical Analysis really have any use in this day's choppy markets?

Answer 1

Considering that TA is a vast subject, I would say yes.
First of all TA tells you when to stay on the sidelines, for instance when your system follows trends.

In Choppy markets a good TA program might be able to find resistance and support lines, calculate risk-reward ratios for you, etc.

Answer 2

Ehm..
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Bye Bye

Answer 3

In every choppy market, there will always be some instruments / stocks that are more calm than the others. In my humble opinion, they are no different from human temperament - some are always excited, some are almost always very steady and some have mood swings and change behavior from time to time.

For me, it would be yes - techincail analysis still works as provides probability on the outcome by looking at what has happened.

Answer 4

Well, I guess this depends on what you think of TA to begin with. If you believe it works--and that's a debatable point--you'll need to reduce your time frame for finding entries and exits. I'm not necessarily sure which market you're referring to, however. It may be a bit of an overstatement to say that all markets are choppy right now.

Answer 5

Of course! Maybe you should instead be asking, does fundamental analysis have any use. If there are waves up and down you can profit using T.A. When stocks go sideways if you are using fundamentals you don't make any money.

If you need more help than was answered by these answers, here's a book on trading for beginners:
http://www.best-stock-trading-systems.com/trading_for_beginners_review.html

Answer 6

Of course it's useful. but technical analysis is delaying indicators therefore you should count it. Very useful is Elliot wawes theory and Bill Williams trading systems described in Trading Chaos and other two his books.

Good luck!

Answer 7

Yes Technical Analysis is useful if you know how to use it.

Answer 8

I have personally found it very useful while trading rates. I stick to trend lines and they work many times.

Answer 9

I have never found it of value in any market.