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Technical Analysis Part I-Section II: Types of Charts|Evenforex.com-evenforex.in-evenforex.net-evenforex.org-Ahmedabad, Allahabad, Anand, Andra-pradesh, Banaras, Bangalore, Bhopal, Bhubaneshwar, Bihar, Chandigarh, Chennai, Cochin, Coimbatore, Cuttack, Delhi, Ernakulam, Goa, Gujarat, Hubli, Hyderabad, Indore, Jaipur, Jalandhar, Jammu-Kashmir, Jamshedpur, Jharkhand, Jodhpur, Karnataka, Kerala, Kolkata, Lucknow, Madhya Pradesh, Maharashtra, Mangalore, Mumbai, Nagpur, New-Delhi, Orissa, Panaji, Patiala, Patna, Pondicherry, Pune, Punjab, Rajasthan, Rajkot, Ranchi, Srinagar, Surat, Tamil-Nadu, Trichy, Trivandrum, Uttar-Pradesh, Vadodara, Vijayawada, West-Bengal

 

Technical Analysis Part I-Section I: Introduction|Trading in India – TradingPicks.com-evenforex.in-moneycontrol.com-marketcalls.in-in.forex-ratings.com-fxin.in-alpari.com-exness.com-forex4you.com-hotforex.com

Currency Trading Training CHENNAI, Forex Reviews CHENNAI, Best Forex Broker CHENNAI, Forex Signals CHENNAI, Forex Fund Management CHENNAI, Technical Analysis Part I-Section I: Introduction Currency Trading Training CHENNAI, Forex Reviews CHENNAI, Best Forex Broker CHENNAI, Forex Signals CHENNAI, Forex Fund Management CHENNAI, Section I: Introduction As we have already stated in the previous lesson, technical analysis tries to determine the future performance of any financial instrument based in the study of historic prices (price behavior). By studying the price behavior and technical analysis we are actually analyzing the behavior of all traders involved in a certain market. Traders and investors are behind every price movement; after all, they all drove the price to a certain level. The price moves based on traders’ expectations; on what they think the future price of any given instrument should be. Most of the time traders are driven by their emotions (fear, greed, hope, etc.) and these emotions are visible on the charts as repetitive price patterns. The outcome of these specific patterns is what technical analysis tries to forecast. Technical analysis is based on the Dow Theory which has three main principles: Price Discounts Everything – All information available is already reflected in price, it reflects the […]