The beginner’s guide to technical analysis. To start your education on technical analysis, let’s analisis teknis forex with the basics: support and resistance! Forex Support and Resistance Let’s start with the most basic concept of price action analysis and how to start plotting them. Channels Now that you understand trendlines, let’s take it a step further into channels to see opportunities in trends.
How to Trade Support and Resistance Time to learn how to trade the lines using two simple ideas: the Bounce and the Break! Summary: Trading Support and Resistance A quick recap on support and resistance zones, and how to spot potential trading opportunities with them. Steve Nison, for “discovering” the art of candlesticks! Japanese candlesticks in forex trading are used to describe currency price action and can be used for any time frame. Japanese Candlestick Anatomy Just like humans, candlesticks have different body sizes.
As forex traders, it’s important to take note of what type of body a candlestick takes! Basic Japanese Candlestick Patterns What do spinning tops, marubozus, and dojis have in common? They’re all the basic types of candlesticks! Single Candlestick Patterns What the heck is the difference between a hammer and a hanging man? Time to start learning about your basic candlestick patterns! Dual Candlestick Patterns They say that trouble comes in twos.