Technical Analysis Complete Guide
Technical Analysis
- Forex traders who use technical analysis study price action and trends on the price charts. These movements can help the trader to identify clues about levels of supply and demand.
- The aim of technical analysis is to interpret patterns seen in charts that will help you find the right time and price level to both enter and exit the market.
Technical Analysis - Explained
When I explained what a Trading Strategy is based on in the Trading Basics series, I emphasized the three principles of Technical Analysis – do you remember them? They are:
- Market action (price) discounts everything
- Prices move in trends
- History repeats itself
It’s important to keep those principles in mind throughout the entire series of Technical Analysis basics
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