I'm new to Australia (moved here from Singapore last year). I used to do a bit of longer term technical trading (weeks/months timeframe) of US indexes (S&P and Nasdaq) in 2008/2009 and stopped during early 2010 when the trends started getting choppier.
Now that I'm settled here, I'd like to get back on it again. I have around $26k to start off, but I just discovered that it is not easy/cheap to do US market trading from here.
I am comfortable with technical analysis and know little how to do fundamentals. (I find the amount of study required to make a decision fundamentally too daunting.)
Any recommendations on the direction I should take? Should I continue doing index trading (ASX or S&P/Nasdaq?), or try my hand at stock trading?
Another question. What free/low-cost tools are available for newbies like me? I like charts but I can't find a free one that has extensive technical analysis tools. I use ETrade and their charts are limited (can't even have multiple MAs in one screen).