Having been involved with technical trading for several years, I've noticed that technical analysis doesn't seem to hold the same promise it once did. Indicators and patterns that were once tried and true are no longer reliable; false signals and breakouts occur more frequently. Frequent stop running causes moves that seem to make no sense. Over the years, with computers having become so inexpensivem anddata, either real-time or delayed, relatively cheap and accessible, many more trades have become technical. Software packages that once cost RM1,200 - RM7,600 are now available for less than RM600. some as low as RM60. Look at the classified advertisements of a trading publication, and you can see literally dozens of technical (mechanical) trading systems for sale, with fantastic claims attached.