Forex technical analysis has certain characteristics and benefits that make it as important as other types of analysis in forex trading. If you are a beginner, here is the complete guide of technical analysis.
Analyzing the patterns of price movement is important to gain insight into which trade you should enter to earn profits. However, trying it without first understanding the basic principles of technical analysis would be worthless.
Support and resistance levels are commonly used concepts in forex trading. What is the easiest way to find them? Are there any special tips to make sure of the reliability?
A lot of new traders think that forex trading is all about buying low and selling high. While this is true, traders need to consider other factors such as overbought and oversold.
Leading indicators are not always better than lagging indicators and vice versa. Why is that so? How to determine which type of indicator is the best one for you?
After Mind and Money, the third pillar of success in forex trading is Method which stands for trading strategy used by traders. Although there is no 100% accuracy trading strategy, there are several strategies with high enough accuracy that allows you to generate profit in the Forex market.
Channels are one of the trading tools commonly used by traders. Besides detecting support and resistance, channels can also be used to enter and exit positions. How so?