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[111kg]

As a Forex trader, I rely a big part of my trading on technical (but also fundamental) analysis. Is anyone else doing the same thing? Perhaps we could exchange ideas and tips.

 

[ashim kate]

I believe that technical analysis should form a very big part of the education of everybody who wants to trade forex for cryptocurrency. This is because price always move in trends and the only way you can be able to make a good advantage of this is by using technical analysis. Knowing risk management and entry triggers should be the first thing to try out.

 

[Wisdom01]

I believe that technical analysis should form a very big part of the education of everybody who wants to trade forex for cryptocurrency. This is because price always move in trends and the only way you can be able to make a good advantage of this is by using technical analysis. Knowing risk management and entry triggers should be the first thing to try out.

Yeah it's very important to know about technical analysis , because when trading you need to take that of precaution as it will require you more trading to make that profit target you are actually in for ,that's the basis attached to taking advantage of the price at that moment

 

[Desmond opara]

In the point of trading I think technology has made everything so easily, for you to trade look up to technical trading because no one now is praying to suffer no matter anything so the need of technology is very necessary.

 

[Kubiat-Abasi]

It is the right thing to do while trading. Using technical skills is the best way to leverage on trading online. I actually don't have technical skills as I am not into trading but that will be the first thing I will hope to develop in order to be on the safe side and salvage my potential losses. It's not best to trade with speculation and sentiments but rather a scientific or technical mind.

 

[Wisdom01]

It is the right thing to do while trading. Using technical skills is the best way to leverage on trading online. I actually don't have technical skills as I am not into trading but that will be the first thing I will hope to develop in order to be on the safe side and salvage my potential losses. It's not best to trade with speculation and sentiments but rather a scientific or technical mind.

It's the first thing to apply when trading ,I think what infulences the market more is fundamental analysis and technical analysis ,but technical analysis would make you place the right trade at the best position ,even while fundamental analysis is proving his thing, this is what to note too when trading

 

[BALABALA111]

Of course some people prefer using technical analysis some people prefer normal market analysis they are all good and has their own advantages and disadvantages and I think my mentor actually taught me to use technical analysis and I've tried it some few times with a particular strategy and it has come out to be successful at the moment but sometimes I end up losing because I'm not too familiar with it although I'm still a new person trying to learn my way throughout the forest

 

[Wisdom01]

Of course some people prefer using technical analysis some people prefer normal market analysis they are all good and has their own advantages and disadvantages and I think my mentor actually taught me to use technical analysis and I've tried it some few times with a particular strategy and it has come out to be successful at the moment but sometimes I end up losing because I'm not too familiar with it although I'm still a new person trying to learn my way throughout the forest

It's better you try it out with a demo account , before trying out with a live account so you don't accumulate more loss , if what the mentor is teaching you is really real and legit atleast you should see more profit than loss , because once your profit is covering your loss ,you should not even feel it that much too tho ,that's the basics attached to investing

 

[Tundeson]

You are not the only one doing it but anyone else who is into trading needs to make use of technical analysis before trading you don't just start trading like that all you need to do before you start trading is to make analysis first it the analysis should be done technical so technical analysis is important in any trading platform.

 

[CyberPreNurse]

In my early days of trading, I usually rely on a technical analysis made by some of my successful mentors that are always sharing with me so that I will be able to raise some money. It was not completely reliable because they did not agree to share everything with me and this limited my been able to earn very well.

 

[dorcasy]

As a Forex trader, I rely a big part of my trading on technical (but also fundamental) analysis. Is anyone else doing the same thing? Perhaps we could exchange ideas and tips.

When it comes to Trading both in forex and cryptocurrency I am good in running technical analysis.
My chart is a combination of well defined indicators ranging from RSI,moving Average and parabolic sar.
Though,I work with fundamental Analysis rarely but technical indicators and setups helps me have a clear and define entry.

 

[ashim kate]

There is a technical analysis course that I have been going with on YouTube for some time now and it is going to teach you basically everything you should know. Technical analysis is mostly about using of price action for you to know the immediate prediction about where prices likely to go and it is very effective.

 

[kaycee001]

I am cool with the fundamentals for now, maybe i ll try the technical aspects one of these days to know which which one is better. I trade based on what i see not what i think. Studying the market with the candles has been really helpful though am still not perfect making 100% accuracy.

 

[Chibson]

Of course, technical analysis is very important and necessary if you really want to become a successful trader. in cryptocurrency a lot of people who are into day trading usually make use of technical analysis and make some cool money from it. Anyone who does not have technical analysis knowledge may not really make good profit.