Technical Analysis.

[Amitpaul]

Technical analysis is very important. From this i can learn more about technical analysis.
Thank you brother to share technical analysis and share daily.

[abbey ak]

well based on my understanding i really think technical analysis is the very best method if only we need the best numbers of pips in the forex market and the more you get direction of the market the more you know much about your technical analysis thats what i really think based on the technical analysis

[oracle]

I must thank you Oracle. It seems to me you are an experienced trader. I would love to follow your thread since I am a great lover of the indicator Fibonacci. Please keep posting about Fibonacci more with picture. Thanks in advance.

Welcome bro, I will try to post.

---------- Post added at 09:02 PM ---------- Previous post was at 08:56 PM ----------

Any one can help me and analyze the GBPUSD chart using technical analysis. I want to know if the price really can get to 1.5755 before bouncing up again. I have an opened position in 1.5771 and I hope do close it at 1 pip profit

Gbpusd is still trapping in a rang area 1.5920 and 1.5700, then it is wise for waiting for a clear trend to make positions in those levels, for more details we can short selling below this strong weekly resistance below 1.5920 with tragets 1.5870, 1.5803 then it will go towards 1.5710to act as a bearish market. the price will be faced a support at 1.57 to swing long buying in it with no risk. If we bought in this level we have to set our stop loss below 1.5655.

[pandit]

technical analysis is very essential for perfect trading. so trader must have to learn technical analysis. but its true that in a day trader never learn that. because technical analysis is not easy to learn. so more trying can become a trader perfect analyzer.

[ladyasenna]

analysis is very interesting for me .. and there are some parts of this thread that made me more aware of the situation for forex trading is quite telling,,
very good if you want to combine it with techniques from other indicators.

[zahed11]

I think it's more than just a good fundamental and technical analysis, but depends on the individual trader.
I'm afraid I can choose my news technology basics and techniques

[suhasrn]

Can anyone please tell me how to read above chart ? Self would also want to know how to do technical analysis ?

[Golam Rayhan]

Technical analysis follow is very important for every trader.

[keya19]

As far i believe that technical analysis gives you large ply but don't trade upon depend on it. but job of technical analysis unlike indicator may gives you fictive communication. so jazz the helps of indicator but don't depend on it.

[djmixsamo]

i think that it is very necessary to know about technical analysis in forex trading business to understand the forex market movement in forex trading business. you can know about technical analysis with the help of indicators in forex trading chart.