Technical analysis is a guide that tells you, in simple understandable language, how to choose the right charts, reading these charts correctly, and act effectively in the market from what you see on these charts.
Probably most of you have taken a course or studied the use of charts in the past. This should add to your knowledge about choosing the right carts and reading these charts correctly. There are several good charting packages available free. I use and what I recommend you "Netdania". Using Charts Effectively The default number of periods on these charts is 300. Here are a few good starting points if you are new to charting and technical analysis: Hourly chart that's about 12 days of data, 15 minute chart its 3 days of data, 5-minute chart it's slightly more than 24 hours of data. You can create multiple "tabs" or "layouts" so that it's easy to quickly switch between charts or sets of charts.
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1 comments:
I would recommend that you stick with the highest ranking Forex broker: AvaTrade.
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