![]() ![]() Let me explain… Technical Analysis: How to master drawing tools and “predict” market turning pointsĭrawing tools refer to lines you draw on your charts like Support and Resistance, Trendline, Trend Channel, etc. Now the first thing you must know is 4 types of Technical Analysis…Īnd for each category, there are different purposes for it. Once you’ve understood it, let’s learn how Technical Analysis can help you make informed trading decisions. You still need risk management, discipline, and an edge in the markets. Technical Analysis alone will not make you a profitable trader. Technical Analysis is just a tool for trading analysis - that’s it. Now, even though Technical Analysis works, there are still many traders who lose consistently.Īnd here’s why… What you must know about Technical Analysis the pros hope you never find out This can be tools like candlestick patterns, chart patterns, technical indicators, trends, etc. Technical Analysis refers to using past prices (or volume) to make your trading decisions. ![]() Then let’s get started… Technical Analysis Basics: What is it and how does it work? You buy just because an indicator shows “oversold”īecause by the end of this post, you’ll discover the TRUTH about Technical Analysis and how you can use it to level up your trading.Īfter reading this post, you’ll never look at Technical Analysis the same way again.You think Technical Analysis is a “crystal ball” that can predict the future.You “blindly” trade the patterns and strategies from textbooks (and gurus).It will NOT make you a profitable trader and can even mislead you to make the wrong decisions (like buying when you’re supposed to be selling).īecause what you’ve been taught about Technical Analysis is WRONG. Technical Analysis is not what you think. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |