Technical Analysis Explained

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Published: 9 years ago

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Technical analysis attempts to understand the market psychology by studying the behavior of the market in the past. If one understands the essence, benefits and limitations of technical analysis, it can give him new skills to become a better trader. The main objective of “Technical Analysis Explained” is to help you learn the most essential and fundamental points of technical analysis, understand why and how successful traders use it in their trade and develop your own trading strategy based on technical charts and indicators.It’s a complete work to show you when to use technical charts and indicators, what the trend stands for and how to predict future market movements. Read this tutorial and discover all the aspects of technical analysis in detail.

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ABOUT THE AUTHOR

IFC Markets

IFC Markets is a trademark of the IFCM Group. Its activity is connected with development and execution of different projects in the area of financial technologies. IFC Markets is an International Financial company providing services in trading currency pairs, precious metals, Index CFDs, Stock CFDs, Commodity CFDs. In addition, IFC Markets has launched an innovative trading method GeWorko, through which it is possible to create personal composite instruments (PCI) in the trading-analytic platform NetTradeX and instantly obtain their price history. The main goal of IFC Markets is to provide clients with top-level services, including: trade without request, no matter what volume of trade you are performing, instant execution of all kinds of orders, low spreads, contact capability within a few minutes from any part of the world, and 24-hour tech support. IFC Markets is currently involved in creating of subsidiary branches in different regions and countries worldwide.

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