Forex Charting Lesson: Chapter 1 – Introduction
We made our Technical Analysis lessons as simple as possible for easy understanding. There will be as much graphs and step by step guide as possible. We believe that the basic is the most important step to understanding TA – with these basics, you can move on to read some of the more advanced books in the market. But what we can say is that – you do not need to. With the basics + your own experience = You can develop your own set of proven tools. Lets start with Chapter One.
Technical Analysis an Art or Science?
It started more as an art and has became more scientific due to rapid development in computer technologies.
It will remain an art with greater scientific underpinning.
Technical Analysis (TA) Vs Fundamental Analysis (FA)
FA = Gives the causes of price movement
TA = Studies the effects of price movement
TA and FA are mutually supportive in the long-term but when it comes to short-term theres usually conflicts.
FA tends to be economic in nature and will not be able to forecast non-economic events such as political and other crises which often move financial markets.
Guidelines in using Technical Analysis
– TA is based on evidence, not logical.
– TA is based on probabilities and same as HYIP investment – theres no gurantee.
– Do not have the ONE tool mentality. TA is able using a combination of the tools available.
– When a tool/technique is proven to be successful, try to use it more often and improve it.
Pingback: ccn2785xdnwdc5bwedsj4wsndb
Pingback: 3nvb54wnxd5cbvbecnv5ev75bc
Pingback: 3xdt57wf4dimdn5bf2dwefsda
Pingback: cmv49wyn6vectn84wv5tect45fc5
Pingback: xmct5895ct4jt3d4yxtjgwj45tc3j
Pingback: 3cm9wy7vf5kcwxjc3ytxk0crtsxergsd
Pingback: x30m85cgcr83n5rwxym8cnrsdfruxm
Pingback: x4cwym845tx4f8w4fw84rffw485fedw
Pingback: mandolin picks
Pingback: carlos jose rios grajales
Pingback: generic albuterol inhaler
Pingback: cipro sale
Pingback: can you buy chloroquine over the counter
Pingback: buy hydroxychloroquine online
Pingback: bimatoprost ophthalmic solution for lashes
Pingback: buy chloroquine phosphate
Pingback: http://droga5.net
Pingback: sildenafil price comparison
Pingback: price of sildenafil
Pingback: can you drink alcohol on amoxicillin
Pingback: amoxicillin augmentin
Pingback: azithromycin and alcohol use
Pingback: celebrex and blood pressure
Pingback: celebrex dosage
Pingback: cephalexin cost
Pingback: is penicillan in cephalexin
Pingback: sildenafil canada prescription
Pingback: sildenafil mexico
Pingback: cheap generic tadalafil 5mg
Pingback: order sildenafil from india
Pingback: sildenafil 50 mg coupon
Pingback: sildenafil liquido orale
Pingback: sildenafil cost 100mg
Pingback: sildenafil 20 mg price comparison
Pingback: chewable sildenafil
Pingback: amlodipine doses
Pingback: meloxicam and ibuprofen
Pingback: metoprolol 50 mg
Pingback: losartan vs valsartan
Pingback: duloxetine hydrochloride
Pingback: prednisone taper schedule
Pingback: amitriptyline reviews
Pingback: hydrochlorothiazide 50
Pingback: metformin mechanism of action
Pingback: mirtazapine uses
Pingback: bupropion hcl sr
Pingback: wellbutrin for anxiety
Pingback: voltaren 75mg
Pingback: clonidine for anxiety
Pingback: finasteride prescription
Pingback: carvedilol 6 25
Pingback: what is metronidazole
Pingback: acyclovir 400 mg cost
Pingback: amoxicillin 875 price
Pingback: interactions for donepezil
Pingback: amoxicillin 500mg
Pingback: zithromax tablets for sale
Pingback: cefdinir side effects
Pingback: keflex 500 mg
Pingback: side effects of clindamycin
Pingback: erythromycin ophthalmic ointment dosage
Pingback: zithromax generic cost
Pingback: metformin and pregnancy
Pingback: tadalafil 10mg coupon
Pingback: amoxicillin 500mg capsules
Pingback: furosemide dosage
Pingback: bimatoprost ophthalmic solution coupon
Pingback: fluconazole dosing sepsis
Pingback: domperidone pharmacodynamics
Pingback: cost of tamoxifen medication
Pingback: prednisolone 10mg tablet
Pingback: zanaflex 2mg
Pingback: ciprofloxacin and ciprofloxacin
Pingback: 90 furosemide
Pingback: chloroquine 150 mg
Pingback: prednisone tabs
Pingback: ivermectin 6mg
Pingback: ventolin nz
Pingback: zithromax pfizer
Pingback: furosemide 500 mg
Pingback: albuterol 100 90 mcg
Pingback: meritkiing
Pingback: elexusbet
Pingback: madridbet
Pingback: meritroyalbet
Pingback: meritking
Pingback: azithromycin 250mg
Pingback: meritroyalbet
Pingback: 10 zanaflex
Pingback: 8mg zanaflex
Pingback: survival keflex
Pingback: cephalexin klebsiella
Pingback: cephalexin ckd
Pingback: cephalexin for
Pingback: idfendity cephalexin
Pingback: augmentin tablet
Pingback: ciprofloxacin medication
Pingback: keflex ceclor
Pingback: cipro sbp
Pingback: bahis siteleri
Pingback: 3weymouth
Pingback: revatio
Pingback: madridbet
Pingback: madridbet
Pingback: grandpashabet
Pingback: madridbet
Pingback: Meritking
Pingback: kahve oyun
Pingback: okey oyna
Pingback: Devam edersen ederim ananı sıkerım
Pingback: meritking
Pingback: meritking
Pingback: izmir escort
Pingback: xxlargeseodigi
Pingback: bağcılar escort
Pingback: sikiş