Technical Analysis.

Friends as i am new in forex trading. So i have no knowledge about technical analysis. Can anyone suggest me how can i learn about this. Please anyone help me.

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Originally Posted by Skoda

So we can say NZD USD can be rangebound till some big movement either upside or downside and i think that wud be GDP news

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The kiwi or NZD/USD levels for this week will be lies in: Strong resistances>>0,8460 0,8395 0,8334 && Stong supports>>>>0,8114 0,8164 0,8270 therefore we have to notice that they will act as strong levels. It also should be noted that is possibly, the price will be trapped between: 0,8502 and 0,8069 this week.
Signal:

Sell below 0.8330
TP1: 0.8275
TP2: 0.8213
Stop loss must be set above 0.8400

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Originally Posted by yudijoni

I watch and read news and take attention on issue and news release., to take action to buy/sell
But when take position I'm 100% technical.

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yes, i agree with your opinion, know and understand the news, especially news related to the eurozone and usd, then mix with technical analysis, so that momentum can be seen for open positions properly and not in a hurry enter the market

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Originally Posted by aisfx

yes, i agree with your opinion, know and understand the news, especially news related to the eurozone and usd, then mix with technical analysis, so that momentum can be seen for open positions properly and not in a hurry enter the market

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Every trader wants to make profits in forex trading and that is the reason why traders trade in these markets , so a trader tries to do his best and perform better trades that will help him make maximum profits thereby enhancing his abilities to make more money and withdraw profits as well.

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Originally Posted by zahira

Every trader wants to make profits in forex trading and that is the reason why traders trade in these markets , so a trader tries to do his best and perform better trades that will help him make maximum profits thereby enhancing his abilities to make more money and withdraw profits as well.

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Constant practice and learning are necessary sine qua non for profitable trading. A trader who wishes to be successful will have to be diligent and determined in his trading. No cross, no crown. That's how it works.

Technical analysis is very important for every forex trader.You can't success in forex without it.It helps to apply your own method perfectly in real account.

Forex Technical analysis is the forecasting financial price movements on an examination of past price movements.

This is a nice thread and your technical analysis seems good. Please do post your analysis and signals some more often. NZD/USD signal was spot on. Keep up the gr8 work bro.

Technical knowledge and practical is both are different part of the any type of the business field bcz if u have gated technically education subject but u could not getting practically so u have to getting high education, but u have to fail in the future. both knowledge should be created in any field like business or JOB....Have a nice day.......

thank you for the knowledge that is given may be useful for me