Synopsis E-book: A Practical Guide to Technical Indicators Moving Averages
Over the past decades, attempts have been made by traders and researchers aiming to find a reliable method to predict next action of the securities.
As a result we have a variety of different fundamental and technical analysis methods and many theories today that really work. For the first pace I want to discuss technical analysis which is very popular these days.
Technical analysis is a common method to evaluating securities and determining the next direction of the price through using chart patterns and mathematical indicators or a combination of both. Many believe that it is the most reliable way to find out how supply and demand is going to be changed and what is the latest decision made by market participants.
As a matter of fact a large portion of market traders prefer to use technical indicators to confirm suggested chart patterns or trading opportunities.
Sometimes indicators act like they are completely wrong in predicting or confirming the direction of the market. Is it because they are absolutely useless or maybe you read them in a wrong way? The answer is, sometimes the market environment is not suitable for a particular indicator. That means you can’t use a trending indicator in a range market and vice versa.
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- FileName: A Practical Guide to Technical Indicators Moving Averages
- Author: S.A. Ghafari
- Language: English
- Size: 201 kb | Remove!
- FileType: .pdf
- Dir.: Part8