Forex Technical Analysis - Basics You Need to Know.

[zeshan]

dear i want to now the how Resistance and support helpful for us please explain about it and i am thanks full for the explain that question please

[newentry]

The basis of any good forex trading system technology is built on the following

1. Using support and resistance

These lines of areas that are important in terms of market and you can pick them up or hold or pause.

2. confirmation

You can not predict whether levels stands out so do not try.

You must have confirmation that they do by a clear break or an indication of a change of direction away from the price level in the opposite direction to demonstrate that they hold.

For this you must learn to use confirming leading indicators - we did not have time to review them here, just look at momentum oscillators in our other articles.

3. Money Management

All management systems robust and the money is not simply putting a stop - it also involves knowing the time of his career, locking in profits, and also take into account equity and comprehensive account protection.

it is very interesting, and i like the point number 2
about the confirmation, how to make good this condition and make clear to indicate it ?
sometimes although we have used some indicators as you said here, there is still false signals too

[yogesh]

Techncial analysis is basically based on the past historical prices and help us determine the trend, the support levels and the resistance levels so we can decide the direction of our trade and right target and stop loss.

[got2luvyou25]

If you want to be a good trader then you should must know about the forex technical analysis basic. Its the hidden rules to success in forex trading market. So i also say that, its need to know about forex technical analysis.

Mere kihyal se serf aik he aisa cheeze hain jo k hidden hoti ha wo ha market main hunhari entry mean opporuity or hu kaise find out ker sekte hain humhai hidden entry ko , serf or serf by da making of the powerful analysis about the market

[iwan]

technical analysis, must be done before we decided to enter the market. There are many factors that influence price movements and technical analysis is the first step. but also do not ignore the fundamental analysis, because the factors can also affect a lot of news when the effect is already happening.

[Fahad]

very nice thread for the biggneres to know some basics about the technical analysis, yes it give us the idea of the market's trend that in which way market will show trend today

[forextrader38]

Use the support and resistance, and good analytical and logic card, and then the appropriate strategy for the foreign currency used by a black person to learn technical analysis.

[birbolnath]

If you want to be a good trader then you should must know about the forex technical analysis basic. Its the hidden rules to success in forex trading market. So i also say that, its need to know about forex technical analysis.

[jab we met]

actually we need to study the market trend and we must try to know about the indicators and and by this we need to know about the movement of the market

[gulab]

Now a days i am working on Elliot wave analysis and i come to know that one of the reviver says that he is wonder to see the result of the financial market by fully following the basics of the elliot waves.