Who started technical analysis?

[bbqbbq]

I don't mean indicators, but price analysis with supports and resistances.

Is there a guy like Warren Buffett who became a billionaire doing this kind of technical analysis?

Also, how do I use RSI in my trading plan?

 

[NihabaAshi]

Quote from bbqbbq:

I don't mean indicators, but price analysis with supports and resistances...

The answer is hundreds of years ago.

Many used supply/demand to determine the price of crop, slaves, merchandise et cetera.

However, I don't think they refer to it as support and resistance.

Mark

 

[gnome]

The Japanese... for the rice market.

 

[Surdo]

Munehisa Homma is the father of candlestick charting.

 

[AAA30]

Munehisa Homma

.

 

[bespoke]

The Knights Templar - the protectors of the holy grail

 

[bbqbbq]

Thanks. I have found my answer

"He is considered the most successful market trader in history, generating over $100bn in profits at today's prices, some years earning over $10bn a year."

Richer then Warren Buffett :O guess technical analysis beats fundamental analysis

What about the usage of RSI, anybody uses it?

 

[BeatingtheSP500]

Aristotle