Technical Analysts often find a system or technical method that seems extremely profitable and convenient to follow - one that they think has been overlooked by the professionals. Sometimes they are right, but most often that method doesn't work in practical trading or for a longer time. Technical analysis uses price and related data to decide when to buy and sell. The methods used can be interpretive as chart patterns and astrology, or as specific as mathematical formulas and spectral analysis. All factors that influence the markets are assumed to be netted out as the current price
