Courtesy of the Google MarketsList, here are a few definitions of Technical Analysis that I found at the same time particularly accurate and elegant:
- The study of market action (price , volume, open interest), primarily through the use of charts, for the purpose of identifying future price trends
- The art of inferring Expected Value of market price given data generated by the process of trading
- The analysis of available market data to unbalance the trading odds in your favor
And finally, maybe the most accurate...
- The subjective analysis of the markets dressed up in a lab coat
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