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[Mar20]

Technical analysis is a method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume. In forex trading, technical analysis is used to identify potential trade opportunities by examining historical price and volume data, as well as chart patterns and indicators.
There are several types of technical analysis tools used in forex trading, including:

1. Charts: Charts are used to visually represent price and volume data over a specified time frame. There are several chart types, including bar charts, candlestick charts, and line charts, each providing a different level of detail and insights.
2. Indicators: Indicators are mathematical calculations based on the price and/or volume of a security. There are several types of indicators, including moving averages, Bollinger Bands, and oscillators, each providing a different perspective on market activity.
3. Trend Analysis: Trend analysis is the study of market trends, or the direction of prices over a specified time frame. Traders use trend analysis to determine the current trend in the market and identify potential trade opportunities.
4. Support and Resistance: Support and resistance levels are price levels where the market has historically had difficulty breaking through. Traders use these levels to identify potential entry and exit points for trades.

In conclusion, technical analysis is a valuable tool in forex trading that allows traders to analyze market activity and identify potential trade opportunities. However, it is important for traders to understand the limitations of technical analysis and use it in combination with other methods, such as fundamental analysis, to make informed trading decisions.

 

[btaliat]

The technicalities that surround the forex analyses while using the technical tools have made some traders to prefer fundamental analysis. Ironically, forex traders will only be best analysed of we know how to read charts and other indicators.

 

[Lens_]

Technical analysis is pivotal for each and every forex investors. There is absolutely no way you can forecast the forex market without having a grasp of the technical analysis. It is hugely inescapable to gain the ability to analyse the market technically.

 

[Wisdom01]

As a trader it's very important for you to actually learn the technical analysis , you cannot just stare at the price to make trading decisions , you have to actually make different confirmation and others before you make your valid trading decision

 

[Wisdom01]

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yeah you could learn from experts and grow your trading knowledge and others , I think many are doing this and it have been working for them ,there are some people that have gain mastery of their signals through learning from experts

 

[Franca01]

Technical analysis is pivotal for each and every forex investors. There is absolutely no way you can forecast the forex market without having a grasp of the technical analysis. It is hugely inescapable to gain the ability to analyse the market technically.

Yes, it always seen to be a must for every forex trader who want to be successful to always uses technical analysizes. This will always be the best tool to determine the current market before implementing your plans on the upcoming trading.

 

[Lens_]

Yes, it always seen to be a must for every forex trader who want to be successful to always uses technical analysizes. This will always be the best tool to determine the current market before implementing your plans on the upcoming trading.

Technical analysis is essential in the analysis of the market because that is the major instrument that could be used to explore the market in order to make the right judgement . It is a must for each and every traders to earn the technical analysis savvy.

 

[Wisdom01]

Technical analysis is essential in the analysis of the market because that is the major instrument that could be used to explore the market in order to make the right judgement . It is a must for each and every traders to earn the technical analysis savvy.

technical analysis is really Essential , that's why a trader should understand how to plan his analysis and use indicators , all these are market instrument that are been used to determine trades and others

 

[Lens_]

technical analysis is really Essential , that's why a trader should understand how to plan his analysis and use indicators , all these are market instrument that are been used to determine trades and others

The trader who lacks forex technical analysis savvy would make a huge loss because he cannot depend only on the fundamental analysis to make judgement of the market movement.

 

[Wisdom01]

The trader who lacks forex technical analysis savvy would make a huge loss because he cannot depend only on the fundamental analysis to make judgement of the market movement.

Exactly a trader who lacks fundamental analysis and technical analysis would always find it hard and difficult , it's actually good for a trader to understand both and always make use of it

 

[Franca01]

Technical analysis is essential in the analysis of the market because that is the major instrument that could be used to explore the market in order to make the right judgement . It is a must for each and every traders to earn the technical analysis savvy.

Yes, technical analysizes is very important in every trade and i think that is why a trader needed to always understand the risks to be taken in order to always adjust his or her planning in the anaysizes.

 

[Wisdom01]

Yes, technical analysizes is very important in every trade and i think that is why a trader needed to always understand the risks to be taken in order to always adjust his or her planning in the anaysizes.

Yeah I believe that a trader should always learn that technical analysis when trading , the forex market already come with great risk ,so they need to learn the fundamentals and others that comes with trading

 

[Franca01]

Yeah I believe that a trader should always learn that technical analysis when trading , the forex market already come with great risk ,so they need to learn the fundamentals and others that comes with trading

Yeah, many people are into the forex trading because they believe that taking risks there will always yield profit to them. And it sometimes always seen to be very benefitcial to know some of the fundametals analysizes which may always help you when to trade.

 

[Wisdom01]

Yeah, many people are into the forex trading because they believe that taking risks there will always yield profit to them. And it sometimes always seen to be very benefitcial to know some of the fundametals analysizes which may always help you when to trade.

I believe when trading you should be using both the fundamental and technical analysis , before I have always forget to put the two into consideration ,but I think taking them into consideration when trading is important

 

[HMMY1]

Technical analysis is a method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume. In forex trading, technical analysis is used to identify potential trade opportunities by examining historical price and volume data, as well as chart patterns and indicators.
There are several types of technical analysis tools used in forex trading, including:

1. Charts: Charts are used to visually represent price and volume data over a specified time frame. There are several chart types, including bar charts, candlestick charts, and line charts, each providing a different level of detail and insights.
2. Indicators: Indicators are mathematical calculations based on the price and/or volume of a security. There are several types of indicators, including moving averages, Bollinger Bands, and oscillators, each providing a different perspective on market activity.
3. Trend Analysis: Trend analysis is the study of market trends, or the direction of prices over a specified time frame. Traders use trend analysis to determine the current trend in the market and identify potential trade opportunities.
4. Support and Resistance: Support and resistance levels are price levels where the market has historically had difficulty breaking through. Traders use these levels to identify potential entry and exit points for trades.

In conclusion, technical analysis is a valuable tool in forex trading that allows traders to analyze market activity and identify potential trade opportunities. However, it is important for traders to understand the limitations of technical analysis and use it in combination with other methods, such as fundamental analysis, to make informed trading decisions.

Of course, if you want to work in Forex trading, then you should know each and every point of it.Market activities should also be monitored because the strategy is working And apart from this technical analysis is also very important. because it lets you know how the market is doing If you pay attention to all these points, then it is possible that you will be able to earn money from this.

 

[Opeyemi Abduraheem]

Technical analysis is the best thing to do in in your business and for restraining order technically , things you can ask you the analysis can be able to get and see what can be done technical and you will get the record tin assisting the business owner to forecast the likelihood of what can happen in the market is especially in the forex trading.

 

[Franca01]

I believe when trading you should be using both the fundamental and technical analysis , before I have always forget to put the two into consideration ,but I think taking them into consideration when trading is important

Taking them into consideration is always very important because thay will always determine how your tade will always bring the outcome. Techical analysizes will always help to to intract with current strategies that are always been used.

 

[Opeyemi Abduraheem]

The ability to understand the technicality of business is an advantage for a business owner to control the business environment within the limit. To be able to understand this technique that you think will be able to study hard.

 

[Bigron]

The ability to examine any market that works with price data, including the market for foreign currencies, constitutes one of the benefits of technical analysis. Technical analysis should be used in in tandem with other types of analysis and risk management techniques because it is not always correct.

 

[Wisdom01]

The ability to examine any market that works with price data, including the market for foreign currencies, constitutes one of the benefits of technical analysis. Technical analysis should be used in in tandem with other types of analysis and risk management techniques because it is not always correct.

Understanding technical analysis is so important , you should actually understand what it takes to actually make more trades that could earn you more gains , the traders should emphasize on understanding fundamental analysis