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it is off topic , you can open a topic to your own any wayQuote:
Originally Posted by onlinedollars
this strategy got about 100000 reply on author topic , i think it worth trying really , but is this last version as there were many version for this one
and i think it goes for short term trades
thank for sharing
alright thanks very much for you time taken to analysis this strategy and the best way to make use of this strategy and i know this will go a very long way in the forum and i just have to advise newbies to take time to analysis there technical analysis because technical analysis really go a very long way in the market
Although technical analysis results are not 100% accurate at least we going to have an earning chance in here if we going to use this analysis. Me I do both fundamental and technical analysis in this way I can have better view on what is the market current status. I'm hoping that when time come I can earn good amount of money simply by just doing this type of analysis. I know no matter what I do I can make good amount of money in the future.
well i think this numerical analysis is very profitable i have been taken my time to practice this strategy and i think this really go a very long way in the market and i think i can commend this strategy to the newbies in the forum because i make use of it and its very good in making profit that what i really think in my opinionQuote:
Originally Posted by oracle
thanks for your nice discussion. I am a newbie in this trade. your well discussion regarding technical analysis give me a clear concept and scenario to learn and practice of technical analysis.
Dear Bro,
I am a new in forex forum and instaforex, but I didn't know how to use technical aspect or indicator. pls kindly reply a.s.a.p.
Technical AnalysisQuote:
Originally Posted by oracle
One of the underlying tenets of technical analysis is that historical price action predicts future price action. Since the forex is a 24-hour market, there tends to be a large amount of data that can be used to gauge future price activity, thereby increasing the statistical significance of the forecast. This makes it the perfect market for traders that use technical tools, such as trends, charts and indicators. It is important to note that, in general, the interpretation of technical analysis remains the same regardless of the asset being monitored. There are literally hundreds of books dedicated to this field of study, but in this tutorial we will only touch on the basics of why technical analysis is such a popular tool in the forex market. As the specific techniques of technical analysis are discussed in other tutorials, we will focus on the more forex-specific aspects of technical analysis
Hello, and welcome to my own thread, in order to answer you for your question I would like to share with you one of the best method for learning forex, this trick is to try using demo for at least 6 months and keep it regulary. Second about indicatores I would like to inform you too that there are alot of indicatores for make your analysis and your forecaste and there alot of indicators are very very usefull such as: Fibonacci, RSI, Stock, Moving Average...etcQuote:
Originally Posted by orchid
---------- Post added at 11:31 PM ---------- Previous post was at 11:29 PM ----------
Breakout 1 – Waits for a slowdown in volatility and then trades in the direction of the subsequent breakout. It is very short-term in nature, uses fixed stop losses and profit targets, and works best in fast-moving markets. Breakout2 – A breakout strategy that looks to go long when a currency pair breaks above its 24-hour trading range, short on a break below. Unlike a raw channel breakout strategy,Quote:
Originally Posted by m2010
alright thanks very much for you analysis regarding this technical analysis i know this will really go a very long way for the newbies in the forum and i will like to know if we have a best pair to make use of the technical analysis because with technical analysis i know we can always make the numbers of pips we really wanted
Technical analysis is effective enough to predict when the market price is not influenced by a lot of news, in using breakout strategy we have to be patient waiting for the indicators we use to confirm a fairly obvious way to do market entry, because sometimes the price as already saturated, but sometimes just stop for a moment to continue the trend again.