Technical Analysis.

[oracle]

Truly the fibonacci sequence is mainly applied in long term charts mainly so that a forex exchange trader can always get support and resistance levels for a particular pair that they are trading in forex.

Good morning about the Fibonacci there some traders make a mistake: THE FIBONACCI RETRACEMENT IS VALID ONLY IF PRICE MOVEMENT ON DAILY BASIS IN BTWEEN LOW AND HIGH PRICE OF THAT DAY. then we drag our Fibonacci retracemment from the hight point to the lowest point then we can test our market from the level of 50%. If price above it then its a bullish market, if not then it will below this level it will be called for a bearish market.

[6365]

What is Technical Analysis?Technical analysis is the term which you would hear very often while trading currencies and obviously as a forex trader you should be familiar with the term technical analysis.[COLOR="Silver"]

Technical analysis is analysing the market using the Tools like indicators, trend-lines, candle sticks etc except news. News trading comes under fundamentals. Technical analysis has high success rate as compared to the fundamental analysis. But fundamental is so stronger than technical so we should think about that also.

[kamarmandi]

I have one more point we need to be disciplined all the rules that we have it is a crucial point for traders, we need to follow all the rules to allow us to become a good trader in the forex business

[Liaba]

Technical analysis is also play big role in our forex trading we can get more and more pips daily by using technical analysis technical analysis is best to all traders who want to earn money daily.

[mandaufx]

is more better than fundamental, but it depend on each trader.
i'm fear about fundamental news so i choose technica

very true and I agree with you, actually I think regardless of the fundamentals we can still trade in peace as long as we master the technical analysis

[mostafaaa39]

is more better than fundamental, but it depend on each trader.
i'm fear about fundamental news so i choose technica

[johny subiarto]

The major currencies are showing a slight recovery. If you look at the weekly charts of the pairs which are trading against the U.S. dollar we can see a doji figure, almost closing the price earlier this week. That is a sign of indecision, because of uncertainty widespread in the leading countries in the world economy.

For example: in the U.S., Bernanke is insisting on the flexibility to include a plan to buy $ 40 billion a month of mortgage-backed securities, in order to stimulate growth and reduce an unemployment rate of 7.9%.

[suzonbmw]

Welcome to indian forum @oracle bro. If your tecnical analysis are welcome.The best location for placing stop loss, if break in 1.4252 and close up the moving average (200).

[Hidden Rain]

The aim of giving out such a forex signal is to make the investor aware about the type of investments they should be making.

yes true, but as a trader we should trust to our own analysis, because forex signal sometimes or maybe most of it are not the same as per our analysis, by believing to our own analysis, when our position end up with loss, then we will not blame those signals our blame our self why i have to follow those signals from the first place, so no regret at all in the end

[newbiet]

i have one point again we need to being discipline to all of the rules that we have that is the important point for the trader , we need to following all of the rules to make us can being the good trader on the forex business