Tag Archives: technical analysis
Forex Charts – How and Why They Work
Posted on16. Jul, 2009 by admin.
Many forex traders think that you can never win with forex charts, because you need to know the supply and demand fundamentals. On the other hand, there are those forex chartists who believe the charts reflect human nature which is constant and prices can be predicted. Who is right?
The answer is forex charts work – [...]
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Eight Short-term Technical Tools that can Make You Money
Posted on11. Jun, 2009 by admin.
Eight Short-term Technical Tools that can Make You Money
There are several valuable technical trading tools that I use on a shorter-term and even an intra-day basis. While I am not a “day trader” and am more of an intermediate-term “position trader,” I do have many readers that are day traders or trade shorter timeframes. Thus, [...]
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End Year Market Illiquidity
Posted on04. Jun, 2009 by admin.
End Year Market Illiquidity
Does year end illiquidity really cause technical analysis to become less accurate?
In short, yes.
One has to remember that one of the basic requirements for technical analysis is that there is mass psychology. Mass psychology means that all market participants are active, reacting to price movement and generating turnover which in turn contributes [...]
