Technical Analysis - What's Your Thoughts?

A lot of times people say that technical analysis is overrated. Some people fill their screens with so many different signals that it looks like Eric Traffic Control on 9-11, right? And that's not going to help anybody out. We use the EMA's, the exponential moving averages. The farther away you use a moving average, the stronger the indicator will be. Then we teach about five particular trades that we use for technical analysis. There are rules for each of these trades: Trend trade, moving average trade, double top, double bottom, and a swing trade.