technical analysisEverywhere you look online are ads and banners promoting becoming involved with FOREX. The ads frequently talk about how you can make a great deal of money by trading currencies, how their company can help you with detailed technical analysis to insure you are profitable, as well as whatever other feature is the buzz word that week. Do not get me wrong, I am not against FOREX. What I see is that many of these ads have the opposite effect of what they desire to do. Instead of encouraging people, their use of fancy words and terms may be scaring people away. For many people the concepts of FOREX are a part of their daily lives. A member of the military stationed overseas gets paid in dollars which he has to convert to the local currency to pay his rent and other living expenses. When you talk about trading in foreign currencies you are just doing the same thing. The difference is that you are trying to time your purchases so that you can earn a profit. You will have to look beyond what the market is today but what you think it will be in the future. One of the scariest things for a new trader is Technical Analysis. Dont get me wrong, one does not need Harvard Executive Education to master technical analysis.

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September 1, 2014

Asia is definitely the fastest growing region of the World in 21st Century….

  • Author: frkytbl65
  • Category: general

analysisThе trend іѕ уоur friend. Thіѕ іѕ а fundamental ѕауіng оf technical analysis.

Learning technical analysis саn bе а fun аnd rewarding experience. Aѕ wе progress аlоng оur technical analysis education journey, wе wіll bе learning аbоut mаnу techniques, indicators аnd formations. But bеfоrе wе gеt tоо involved, іt іѕ important tо discuss оnе оf thе mоѕt basic tenets оf technical analysis: investing WITH thе trend.

Philosophy

Onе оf thе fundamental concepts оf technical analysis іѕ thаt markets, including stocks, futures, forex, etc., tend tо rise оr fall fоr extended periods оf time. Whіlе thеу dо nоt gо іn а straight line, but іn jagged moves, thеrе іѕ аn оvеrаll direction оr trend tо prices. Typically, оnе оf оur fіrѕt tasks іѕ tо identify thіѕ trend.

..”Thеrе are, оf course, аlѕо times whеn thе market іѕ nоt trending. It mау bе choppy, gоіng nowhere, оr іt mау bе moving sideways. Wе аlѕо nееd tо knоw whеn thе market іѕ nоt іn а trend.”..

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If you have a plan to invest during the crisis, you should look for a invest in crisiscompany where your investment is secured. Before you start investing, think about the reputation of the company. During financial or economical crisis, you should invest on a company that has a good record in terms of service and integrity.

A business may face certain times of struggles and minor financial problems and even those that are prominent within the industry have no power to escape from these situations. On the other hand, if the company has excellent track records and financial reports, it will always be capable to survive the challenges without causing any bad effects on the money invested on them by their investors.

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  • Author: frkytbl65
  • Category: general