What is Technical Analysis?
Technical analysis attempts to forecast future price movements by examining past market data.
Most traders use technical analysis to get a “big picture” on an investment’s price history. Even fundamental traders will glance at a chart to see if they’re buying at a fair price, selling at a cyclical top or [...]
Cashing in on Short-Term Currency Trends
Most of the time, markets don’t show a clear trend – they bounce back and forth between support and resistance levels. This sideways movement is called a trading range. Below is a strategy that can help you identify entry points on short-term trends, while protecting your profits with trailing [...]
Using Technical Indicators
Price charts help traders identify trade-able market trends – while technical indicators help them judge a trend’s strength and sustainability.
If an indicator suggests a reversal, confirm the shift before you act. That might mean waiting for another period to confirm the same indicator’s signal, or checking out another indicator. Patience will help [...]
