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Technical Analysis

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Technical Analysis is a way of analyzing price movements using the price chart itself to make conclusions in the trades...




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#1 - February 10, 2019, 11:56:19 AM
« Last Edit: February 10, 2019, 12:03:09 PM by marsidin »

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Although this sounds very common, there are still many traders out there who do not understand and 100% understand this, even for order positions, they still lose compilation using technical analysis. Let's discuss this briefly and clearly.
#2 - February 10, 2019, 12:01:48 PM

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The price chart that we usually call a chart, which functions can reflect all things that happen to the market today, one of which can also be considered measuring trader sentiment for a certain period.
#3 - February 10, 2019, 12:05:10 PM

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For example, when news from a particular country will move the pair concerned.



#4 - February 10, 2019, 12:07:33 PM

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For example, when the retail sales news from the United States, of course the pair in question, such as EUR / USD, will definitely experience movement according to the results of the news, and all we can see from the price chart.
#5 - February 10, 2019, 12:09:39 PM

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Price movements that will occur in the future will certainly not be reflected in the price chart, but we can analyze where prices will move, using technical analysis which is often called Price Action.
#6 - February 10, 2019, 12:27:58 PM

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Technical analysis works by observing the chart. At each point the price movements listed on the price chart have a meaning and pattern caused by the activities of traders on a pair that informs information about market sentiment at that time.
#7 - February 10, 2019, 12:30:20 PM

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If a trader tries to read the price chart directly without any indicators available, it often makes us confused.
#8 - February 10, 2019, 12:32:56 PM

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Price movements often move randomly without reason.



#9 - February 10, 2019, 12:36:07 PM

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Below is an example of a weekly period price chart of the EUR / USD pair that contains Uptrend, Downtrend and Sideways.



#10 - February 10, 2019, 12:38:00 PM

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This certainly can be a little confusing for traders to analyze right?



#11 - February 10, 2019, 12:39:18 PM

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Technical analysis is approaching the market based on technical with using indicator or based on price action, technical analysis is most used among trader, there are various type analysis based on technical, like as with Elliot wave theory, harmonic pattern, trading with wedge triangle and more, if using indicator like as Bollinger band, stochastic and more
#12 - February 10, 2019, 01:50:19 PM

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Technical Analysis in Technical_gbpaudmicro-h1-xm-global-limited

GBPAUD today, the price still in bearish trend, you it is better if you wait for the price unti it reach the resistance area at 1.83758 and put your TP point 50 pips below you open position.
#13 - April 01, 2019, 01:50:03 AM

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Today's USDCHF we see the price is still in the sideway area, so please wait until the price touches the point 1.01715 and do "Buy" with TP at the resistance area at the point 1.02217

Technical Analysis in Technical_usdchf-h1-xm-global-limited
#14 - April 29, 2019, 05:21:31 AM

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Technical Analysis in Technical_euraudmicro-h1-xm-global-limited

EURAUD today, the price has break the support area, so you can sell it when the price make some bounce to 1.61873 with potential target up to resistance area at 1.61332
#15 - May 25, 2019, 06:05:58 AM

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