Key to understanding the future move lies in the studies of history

[executor]

The saying that history keep repeating itself and to relate it more to technical analysis we can say the key to predict future prices accurately lies in the studies and analysis of historical trades or charts. Do you agree?

Yes, technical analysis refers to the movement of the market is already passed. Any of the indicators that we use, can only predict based on previous trends. That is why technical analysis is not effective use when the news was released.

[bhagawanta]

its a good advice..evaluating chart histories is the correct way to knows the next movements of the market..and i use this technic to makes sure which way the next movement will go,its a profitable technic..but,i do analyse the news too,to knows when the trend will starting!!thats my oppinions,thx.

[Ryad]

Knowledge and patience is the key to understanding the future movements of the price in forex.. There are waves patterns in forex, know them accordingly.. History repeats itself and if you remember the previous patterns, it will become easy for you to trade with confidence..

[napkin]

I suppose Technical anlaysis has lot potential you just need to be good in it, forex chart patterns are able to predict the future moves well we just need to know the art of reading those charts.

[ham]

love restrain prices against it because the principle of 'history will repeat it self' so I believe any time the price will be let floating behind many remain confident weight .............

[dila]

if you use price history is good .. for use or analyze the number of movements per day .. can to long term trading as well ... if the scalping histori select a small well in the TF

[fxmoney]

you must have to know about the major past events in the forex market which had moved the market very rapidly so that you will understand the present situation so that you will be ready for act and make careful trades with the proper direction.

[cempetrader]

If you approach a trade thinking you know where price will move, you've created a strong bias in your mind, and this will make it hard to admit you were wrong.

Instead, approach it like this: Perhaps price might move one way, and if so, what could I stand to win/lose?

The future price is just 'perhaps'. All good traders do is set themselves up to make more when it works for them than they lose when it doesn't... mattering not if they were right all the time.

[nabila]

really what you ply around the bailiwick of studying the damage movements that can be seen from the preceding assemblage and of account and the story that has occurred so that traders can investigate the patient and just because the graphics are never accomplishment to occur again close twelvemonth or after close

[m1ndsrokk]

evaluating the chart histories is help us to understanding the next movement..thats true!i use this metode to predict the next movement,its more realistic rather to anslyse the news..i use the news just for guide,when the movement is starting,so i mix the fundamental and technical analysis to predict next news!!goodluck!

yes we can determine the currency movement by looking back to the last support and resistance position...every pair possible to repeat it again and again...and it will working...we can looking it on the chart the moving are same just breakout that make it different