The Sequence of Doing Forex Technical Analysis

Forex trading is the activity of buying and selling foreign currencies online to make a profit. The purpose of forex trading is to make a profit from the difference between the sales and purchases of a foreign currency. In Indonesia, forex is known as forex or foreign exchange and people who trade are called traders.

Trading activity, of course, really requires knowledge of price analysis. Price analysis is what you need, especially those that can help predict price movements in the short term. This is because trading itself takes place in a relatively short span of time. Technical Analysis answers this need. This is the sequence of doing technical analysis:

Trends

Trend in trading can be interpreted as the overall direction of the price movement of an asset within a certain period of time. In technical analysis, trends are identified using trend lines. Trend lines are often drawn by connecting the highest and lowest price points of an asset over a certain period of time. The goal is for traders to know how the price movements of these assets in general. Trends are an important factor for traders, especially trend traders, because there is an assumption that the price of an asset will follow a pattern that repeats itself following phenomena that exist in the real world.

Watch the full video and details below!


More info : 

Free material soft copy contact 081 258 066 174 wa/call 

Private info / paid premium class (guided forever until consistent profit and independent). 

Whatsapp/call 081 233 593 672 Or direct access to our web www.wijayatrading.com

Comments

Post a Comment

Popular posts from this blog

Tingkatan Seorang Trader

Image
Sebelum menjadi trader sukses, perlu dipahami bahwa ada berbagai macam tingkatan trader forex yang harus dilalui. Tingkatan-tingkatan tersebut biasanya dibedakan dari beberapa kriteria. Jika dilihat dari pengalaman, pengetahuan, cara berfikir, dan sikap mentalnya, seorang trader dapat dikategorikan dalam 5 tingkatan. Trader Pemula Seorang trader pemula pada umumnya masih merasa asing terhadap pasar forex. Trading forex dianggap sesuatu yang baru dan mungkin agak unik atau mengasyikkan. Mereka cenderung ingin mengetahui segala hal yang berhubungan dengan trading dan pasar forex dengan cepat dan instan. Baik analisa fundamental maupun analisa teknikal dipelajarinya dengan cepat. Trader pemula selalu mencari dan mempelajari cara-cara yang gampang, sederhana, dan segera dapat digunakan untuk trading. Pada umumnya, mereka mengharap profit besar dari trading forex. Trader Profesional Dari sebutan "profesional" yang disandangnya, memang profesi utama trader di tingkatan ini adalah t
Read more

SNR, BEST TRADE STRATEGY!

Image
SNR (Support and Resistance) is fairly popular in the world of forex trading. This is one of the most frequently used techniques in technical analysis. Without it, traders will experience difficulties and even lose in carrying out trading activities. The support point is the point which is believed to be the lowest point of an asset in a certain period. While the resistance point is the point that is believed to be the highest point of an asset in a certain period. In simple terms, support and resistance are likened to the two most discussed attributes in analysis where support is a level that has the potential to withstand price declines. Meanwhile, resistance is a level area that has the potential to hold back price increases. These levels are used to determine whether the price will continue or reverse. Basically, SNR aims to find out the right area when taking a buy or sell position and determine the target price movement. The support area is generally an area used as a reference f
Read more