What is Technical Analysis???

[nurliani]

I have tried to study technical analysis myself. I worked very hard to find out how I could know the daily technical level but as long as I didn't master it, I had asked my broker to work with me to send me a technical level every day to help me improve my trading experience. and you can use this forum to understand technical analysis but the key is to apply it to real market conditions. This analysis looks at the price movement chart directly in place. but don't ignore the news factor, because the news is also strong.

[tong]

Technical analysis is a very important role in Forex trading. traders who rely on technical analysis actually do their own techniques with their own indicators and experience. I use a number of websites related to Forex for basic but I have never used any website for technical assistance. and there are two types of analysis first is fundamental analysis that gives you short-term trading and technical analysis for long-term trading so you have to study well and then open a real account and start tarding and making a profit

[maju]

Technical analysis is very important in forex trading. First to understand technical analysis to read some forex e-books and forex learning websites. When you understand technical analysis then you visit dailyfx, it helps for your technical analysis. And technical analysis is widely used by forex traders. I also still rely on technical analysis skills in trading. using technical analysis is good enough and can generate enough profit for me. I only combine several indicators to help me analyze market prices.

[ashrafx]

Technical and fundamental are two different strategies for trading on forex, each of which has a unique and better procession, for long days or option trading you can use fundamental analysis and for short trading or making a little money you can use technical analysis. and Both of these websites can actually be accepted by beginners. Also this promise is an acceptable place to study. Learn all the equipment in the forex education category you will get what you want.

[salikin]

Technical and fundamental are two different strategies for trading on forex, each of which has a unique and better procession, for long days or option trading you can use fundamental analysis and for short trading or making a little money you can use technical analysis. and learning by using videos is much easier and practical. if you need a video tutorial, you can find some tutorials on youtube, you can get lots of interesting technical analysis tutorials there

[prajurit]

Hi, I am a forex trader and I think technical analysis is very important for trading the forex business because technical analysis means the theory itself or analyzing one's own expenses and trading with us can be easily obtained. Forex trading must require technical analysis and without technical analysis we cannot trade forex so there are no important restrictions. and the main movements of forex technically hot hai jiski face say the market rises and goes down without analysis ap kabhi bhi kamyabi results nahin kar saktay is the main essence of extract juice extract pur analysis game hi chalti hai aur apko all the time depends on hota hi

[panah]

Yes, I fully agree with you. In our forum, you can have many resources that can help you achieve your goals and increase your level of analysis. I did my analysis and to chart the Forexpros site, this site is very good for knowing a lot of information about deveise and on the forex market. Hopefully the best pip, friend. and there are two types of analysis in forex markt technical analysis and fundamental analysis fundamental analysis gives you the technology of short-goods trading and technical analysis gives you long-term trading so it depends on you being chosen

[Nomi320]

Technical analysis is a way to analyse the Forex market. Here we use different chart patterns, candlesticks and indicators to find out the future direction of the market. You can learn about it in detail by searching in search engines like Google, Youtube etc. It is most vital part to get real success in this business.

[Mureedabbas]

What Does Technical Analysis Mean?

What is the definition of technical analysis? Technical analysis focuses exclusively on the study of price charts and trading history to determine the future price movements. Without taking into consideration any information related to the firm’s fundamentals, technical analysis seeks to determine a likely direction in the future price movements assuming that:

supply and demand determine the price of any security
price movements are influenced by personal perceptions
prices of securities move in trends
Technical analysts use a variety of leading and lagging indicators, which precede or follow a price movement, respectively, to estimate the future movement of the stockprices as well as moving averages, Moving Average Convergence Divergence (MACD) indicators, trading volume history

Example

Adam is a technical analyst, and he is interested in buying some stocks for his clients. Adam observes some technical charts to identify potential bullish positions.

The first step is to identify the overall trend of the market by using trendlines or moving averages. For prices that remain above the upward trend line, there are bullish opportunities.

Then, Adam identifies the support and resistance points, which are practically the levels that determine the supply (resistance) and demand (support) for securities. At support levels, the demand is higher than supply, thus preventing the stock price to decline further. At resistance levels, supply is higher than demand, thus preventing the stock price to rise further. Therefore, as the price declines towards the support level, more buyers will enter the market to buy the security. Once the price reaches the support lever, the demand will outweigh supply, thus preventing a further decline in the stock price. Likewise, as the price rises towards the resistance level, more sellers will enter the market to buy the security. Once the price reaches the resistance level, the supply will outweigh demand, thus preventing a further rise in the stock price.

[Mureedabbas]

What Does Technical Analysis Mean?

What is the definition of technical analysis? Technical analysis focuses exclusively on the study of price charts and trading history to determine the future price movements. Without taking into consideration any information related to the firm’s fundamentals, technical analysis seeks to determine a likely direction in the future price movements assuming that:

supply and demand determine the price of any security
price movements are influenced by personal perceptions
prices of securities move in trends
Technical analysts use a variety of leading and lagging indicators, which precede or follow a price movement, respectively, to estimate the future movement of the stockprices as well as moving averages, Moving Average Convergence Divergence (MACD) indicators, trading volume history

Example

mureed abbas is a technical analyst, and he is interested in buying some stocks for his clients. Adam observes some technical charts to identify potential bullish positions.

The first step is to identify the overall trend of the market by using trendlines or moving averages. For prices that remain above the upward trend line, there are bullish opportunities.

Then, Adam identifies the support and resistance points, which are practically the levels that determine the supply (resistance) and demand (support) for securities. At support levels, the demand is higher than supply, thus preventing the stock price to decline further. At resistance levels, supply is higher than demand, thus preventing the stock price to rise further. Therefore, as the price declines towards the support level, more buyers will enter the market to buy the security. Once the price reaches the support lever, the demand will outweigh supply, thus preventing a further decline in the stock price. Likewise, as the price rises towards the resistance level, more sellers will enter the market to buy the security. Once the price reaches the resistance level, the supply will outweigh demand, thus preventing a further rise in the stock price.