PRICES MOVE IN TRENDS
HOW does technical analysis assist to resolve what the trend is and HOW to trade with then trend versus against it?
A merchant ought only be concerned with what the mall is act, no what the market might do. The amount tells you what the market is doing.
3) "The number's don't prevaricate" - all accessible information and its clash on the market, are yet reflected in a currency's price.
at studying the Past (Technical Analysis):
Which technical indicators are the BEST?
1) To diagram out the price behavior of the money pair. Price is the main concern. If the EUR/USD is at 1.2224 and goes to 1.2020, 1.1980, 1.1940- the market is in a down trend.
1) The best traders don't deduct 1 or the additional yet comprehend that having one understanding how the fundamentals affect market emotion gives him/her an brim over those traders who don't.
HOW TO predict the Future ?
4) Prices move in trends - the exotic exchange market is mostly composed of trends and therefore a area where technical inquiry tin be quite effective.
2) Always remember that technical indicators are only giving you confirmations based on what the market is effective you. So listen to the market and let it acquaint you which method, tactics or techniques you should use.
