[internals] About Technical Analysis?

[samuel23 10]

Hi guys, tell me how you use technical analysis in forex market and quite confused with it. I did some reading in concern to that but still got some doubt. If ever you have some examples to share it will be great. Thanks in advance. waiting for your reply guys )

[SIUYA 11]

what in particular are you confused about?

There are plenty of examples already on this site and others.

[onesmith 10]

Testing everything leads to knowing why things work with the certainty of facts .. that come from your own experience.

The near intuitive ability to differentiate advantage from disadvantage.

[andysteven 10]

For day trading the short time frame Forex charts e.g. hourly or 30 minutes are very important but the same should not be ignored even for long-term trading. A daily chart (1-day chart) may be giving a signal to buy but an hourly chart may give the signal that the prices may go down. In such situations we may wait for the prices to go down a bit more before buying that currency pair to maximize our pip profits.

[samuel23 10]

Thanks a lot Ayush, i have gone through the link you gave me concerning Technical analysis. It really helps Ayush. I will therefore study that and try to go ahead in my daily trading:missy: Wish you guys a happy trading and hope you earn big.