The Primary objective of this guide is to equip you with the prerequisite knowledge needed when analyzing technical trends in the Forex market, and help educate you about a number of the most popular technical trading tools which can help you enhance your Forex investment decisions

we are not necessarily focused on the reasons for any political instability or the reasons for an economic crisis rather we are more interested in watching how price levels change based on economic or political events, and then how the price behaves relative to price levels of the past.

Whereas fundamental analysis usually requires complete comprehensive details about the political and economic scenario of a particular country and as such traders will find it difficult to accumulate knowledge of more than a handful of countries at a time

Nevertheless, it cannot be taken as 100% correct as there are many factors which affect currency prices

The candle on the left clearly shows Bears in control and a lot of momentum, however on the next candle, the exact opposite occurs as Bulls were able to fight off even opening the day lower than the previous days close and close almost at the high of the day piercing the previous time periods low with Bullish momentum back in play

The meaning of the terms used and their implications are keys towards grasping a better understanding of the Forex market.

 you must never take for granted that you can trade without learning important concept as you go along

Fundamental news announcements on a specific countries health can be like popping a sugar pill as it can really ramp the energy up for market participants

We even provide you with a very easy to understand “Importance” column within it so you can quickly scan and find those events that tend to produce the most market action

Often, The significance of this data comes not from what they measure but rather
whether or not these figures fall within the expectations of the markets at that time

volatile price fluctuations with potential trading opportunities as the market adjusts itself to this new data

there is so much money waiting to be allocated (or moved) from one asset to another based solely on a data point

This is important as not all economic indicators are treated equally

 Think of currencies more like a moving cruise ship

 novice traders to trade in with no real money transacted

Don't have let a somebody tell you "You can't do something

So within that time frame

demanding position 수요가많은 = 모두가 가고싶어하는 포지션

every minute detail

oil weighs on energy share

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