Last week I began our blog series with a look at the history, theory and philosophy of technical analysis. This week we move on to look at 20 rules that you should build into your technical analysis. It is by no means an exhaustive list; there are many more technical analysis rules than this and there will also be rules that you create yourself. However, those presented here are a good foundation that you can apply to your analysis and build on. Some rules may appear, at this possibly early stage in your interaction with the subject, as both peculiar and confusing. Stick with it though, because during the remainder of this blog series, the use of these rules will become a lot more apparent and understandable.One of the reasons I believe technical analysis can be such a great tool for traders and investors is its subjectivity and flexibility. It allows the user to come up with their own opinions, angles amp; thoughts on a particular market very easily and allows for the development and enhancement of existing and new tools to reflect their own trading approach. Some may argue that this could also be a weakness, but…
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