a good choice, and I think actually trade without any analysis called blind trade. And these types of traders suffer in the long run. Because any position can turn into a bad due to lack of proper analysis.
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a good choice, and I think actually trade without any analysis called blind trade. And these types of traders suffer in the long run. Because any position can turn into a bad due to lack of proper analysis.
One Technique Which one should master trader technical analysis is done. Technical analysis is widely used for analysis by Forex traders around the world. I also prefer technical analysis as it is easy to understand and follow. In technical analysis we also have a lot to learn and improve, and also to develop indicators of our own based on our experience.
I think all JPY pairs there is speculation of Intervention by Japanese Bank, so probably they are looking more attractive at this levels yaa
If you will see for GBP USD on daily chart it is not able to close above 50 EMA and that has prevented this pair to go up. So breakout and close above 50EMA will confirm upward movement, what your view on that.ok
it is very helpfull and give point to a trader that what going on next and if trader understand it then it is for him to earn a lot from it and it is very usefull in the trade.
based on my understanding i really think the very best way we can trade and earn profit out of the forex market is to trade based on the Technical Analysis and the more we analysis the better it goes
if we include scalping trader, so-so we use the indicator EMA 12 and 26, take two ema crossover with TF 15 minutes and a target of 10 pips only.
as far as am really concerned Technical Analysis is the best analysis to get the direction of all pair in the market and the more you can understand the Technical Analysis the better it goes for you in making profit
a methodology of evaluating securities by analyzing statistics generated by market activity, like past costs and volume
. technical analysts don't effort to live a securitys intrinsic price, however instead use charts and
alternative tools out to determine patterns which will recommend future activity.
investopedia explains technical analysis
technical analysts believe that the historical performance of stocks and markets are indications of future performance.
because we are part of a looking mall, a fundamental analyst would go to each and every store, study the merchandise that is what being sold
, and after that decide whether or not to order it or do not. by distinction, a technical analyst would sit connected to bench within the mall and watch individuals go into
the stores. disregarding the intrinsic price as to the merchandise within the store, the technical analysts call could well be based mostly by the patterns or activity of individuals going into every store.
Technical analysis is not as long as fundamental analysis, because makes an estimate of the fundamental analysis of the price on certain information to obtain this information, but in technical analysis, you have everything that you need in the standings.