Technical Analysis.

Here is my alaysis for EUR/USD � During Asian session EUR/USD was supported by EUR/JPY what was supported by reports that Japan beverage maker Asahi was the frontrunner in the bid for east European beer brewer StarBev overnight. And Japanese CPI continued to show deflationary pressures, household spending was much worse than expected but the jobs-applicants ratio at its highest since November �08. Later in the session support for headline pair evaporated. Asian sovereign tried to support EUR/USD below 1.3300 handle but the pressure was too much and we moved down. We managed to stabilize under 1.3200. Bears are targeting 1.3000. Let me know what you think

Technical analysis basically are method to analyze forex market based on the math formula. So technical analysis are about statistic, calculate probability we loss or win in our trading activity. By using technical analysis we have 50% winning ratio in our trading activity, because forex market are just about buy and sell. But by using some method like Support and Resistant also trendline we can increase our winning probaility more than 50%.
Technical analysis have disadvantages, caused this kind of analysis are used previous market data to make a decision when we enty forex market and when we must exit. This make indicator that used by technical analysis are becoming repaint.

a lot of traders who do not use technical and many also use the fundamentals. There also are using both. I think it is the personal character of each trader. Traders technical users never explained., That did not affect the technical fundamentals. because prior to the occurrence of large price movements. has been no confirmation of my analysis chart. no doubt it is a very good and informative post, but I wanto say that just because of fundamental analysis the technical analysis is left behind, and it is not easy to understand fundamental analysis, we need much time to understand fundamental.

Technical analysis is the most important thing for forex trading. Please share your knowledge with us so that we can also learn the technical analysis with you and make some pips with confidence. I am a pure trader who uses technical analysis. in my opinion, the technical analysis we can deal with situations and circumstances in the market, even when there is news which if made ​​highly volatile prices. with the technical analysis of price conditions can be predicted. I think the point of technical analysis is the most perfect technique, because the fundamental techniques only temporary.
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Technical analysis is often involved with fundamental analysis. Technical analysis is, however, puts more emphasis on the impact of market movements, and not the cause. For traders who prefer to act according to intuition, the use of technical analysis is often overlooked. But for the entrepreneur more knowledge, this method may be needed. Technical Analysis is one of good tools but I believe in Fundamental Analysis Because I see lots of time that although Technical Analysis is saying that market will go up but for Fundamental Analysis it goes down.So it is better to follow Fundamental Analysis

I am guided by indicators Stochasis (7,5,3) which break high and fibbo indicator trend down and assuming that there are several possible markets trend is overbought then I will use the trapping strategy with market position BUY I predict this pair have bullish direction
I suggest to take LONG position today

time frame that is considered while making support and resistance levels – use Daily and Weekly time frame, consider the daily economic news before taking the trade.

money management is very effective for getting profits with stop loss and take profits method with current trading position.

Technical analysis is the process in which traders analyze price movement. A person can look at historical price movements and determine the current trading conditions. History tends to repeat itself , that's basically what technical analysis is all about! If a price level held as a key support or resistance in the past, traders will keep an eye out for it and base their trades around that historical price level. In the world of trading, when someone says technical analysis, the first thing that comes to mind is a chart.

you strategy is too valuable. first time i familiar with your strategy and this is new for me. i try this strategy in my demo account. i personally used the bollinger with moving average for technical analysis. support and resistance level also consider during my trade. Good topic, and will benefit many members Balnsphly .. I love very classical analysis and dependence on subsidies in trade and resistors, and I love the trend also strip the scalp, but this needs to be some indicators only. Thank you and I hope let us know

We hope more active participation in this thread. Because as a newbie I find for analysis for daily trade. So all expert analyst give their comments it will be helpful for me and others. Its very important to go for the trading with the technical analysis also we have to trade here with the patience and news is important.If we go for the trading with the indicators then it will be best.

I use technical analysis through what I find in the forum of India and the location of Insta Forex, and also the recommendations that I find when experts in the trade of foreign exchange. Also found that technical analysis is of great significance in the field of investment in cash. I hope members of the Forum to give the analysis of art with a graphics graphic until it is clear to us more