technical analysis

[Gee Dee]

Forex traders should try to take participate in trading after inspecting all essential aspects of trades. And technical analysis is one of the mostly used analytical tools where a trader can get idea of future price movements by understanding the market behavior from the past and present price data. Pivot points, MACD, candlestick charting, moving average of various currency pairs, etc. all are various available technical tools for the forex traders.

 

[Sininfinity]

Well for technical analysis all traders does not need technical tools. Just the chart and some basic built in tools are enough. But if you are starting then using indicators are not a bad idea. Eventually most people remove them from their chart.

[Namu]

yes , usually trader use a simple indicator to analyze market, and to help undertand the big trend on market  . we should be wise when putting the order for getting the profit result surely , and should be aware to loss tough . with technical analysis from my broker , i am more confidence for place an order 

[Sininfinity]

There is no sure shot way to get guaranteed profit. That is a myth and a lie some people spread. A trade can have two outcome and depending on a trader's judgement, it will have more weight on profitable side.

[boltushkin]

Which technical analysis tools are most popular on this forum? I use combination of RSI and Stochastic they showed excellent performance in backtesting on my Hotforex platform. Live results are also decent about 45% for two months on my initial deposit.

[Sininfinity]

I am pretty sure you are lying @boltushkin. You are just promoting a broker.

[TimothyMut]

In this thread you can follow my technical analysis and signals

 

My favourite pairs are:Eur/Usd,Gbp/Usd,Gbp/Jpy

 

My analysis will be numbered to make it more transparent. =0=

[Ariel Dala]

I think if we want to be successful in long run then we need to try and use available resource. I do technical analysis but I also believe in fundamental and sentimental parts. I am not an expert, therefore, I use FreshForex (my broker), as ideal help for this with their Market Analysis, it’s something that really eases out and helps with performance.

 

[Beginner FX]

for me the most convenient thing is to use a combination of MACD and Bolinger

[john.brave]

analytical techniques in need as a basic knowledge of a trader.

[bigxy]

In this thread you can follow my technical analysis and signals My favourite pairs are:Eur/Usd,Gbp/Usd,Gbp/Jpy My analysis will be numbered to make it more transparent. =0=

Looking forward to see you posting technical analysis soon, btw when you planning to start showing us your skills. I am interested in EURUSD, Cable and Gold.

[earnmaster]

Some inside data like volume, open interest, PE ratios helps in a big way to determine probability of any trade. 

[oliver1007]

Technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement and volume.

[Vaabum]

It should be understood that such an analysis option also requires an understanding of the essence of the work. Without this, it is quite difficult to get a positive result.

[boltushkin]

On 2/19/2019 at 9:25 AM, earnmaster said:

Some inside data like volume, open interest, PE ratios helps in a big way to determine probability of any trade. 

Unfortunately forex brokers don't provide that information. I instead use Tick Volume at Hotforex as proxy of volume and volatility 

[Vaabum]

It seems to me that this type of analysis is really interesting and can bring good results.

[FXOpen Trader]

On 9/19/2022 at 1:32 PM, Vaabum said:

It seems to me that this type of analysis is really interesting and can bring good results.

We will need to use our trading skills in a better way.