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Posted

Technical analysis is a way to study and forecast price changes in financial markets using historical price charts and market statistics. If investors or traders can identify previous market patterns, they can certainly predict future price action. It is one of the two major analysis and another fundamental analysis. The technical analysis is purely based on the price chart of the asset.   

Posted

I try to pay attention to the technical analysis of trading, and often just use offers from a broker. Now I work with ExpertOption, and am quite pleased with the result.

  • 3 weeks later...
Posted

Learning technical analysis is very difficult, especially for a beginner. But you need to understand that for successful trading this is simply necessary.

  • 2 weeks later...
Posted

For me, technical analysis is extremely important for a trader. In many ways, the results of the work depend on this. At least I am currently working with a broker Amarkets and the ability to do this analysis is only beneficial.

  • 7 months later...
Posted

The main idea behind technical analysis is cyclicity and repetition. Look at the chart of any currency pair in Forex, and you will see that the fluctuations in quotes are repeated at regular intervals and after similar events.

Posted

Depending on what style of trading I choose according to, so I choose the analysis that will help me achieve my result, but I also want to say that the improvement is effectively given by analytical reviews from Amarkets.

  • 2 weeks later...
Posted

Despite the fact that some say that technical analysis is easier than fundamental, you still need to be able to work with it, you do not need to study it very well.

  • 4 weeks later...
Posted

Technical analysis is great, but we shouldn't forget about fundamental analysis either. It's best to use both, they complement each other really well. While technical analysis can help you figure out entry and exit points, fundamenntal analysis is better for spotting general trends and their directions.

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