Learn forex analysis

There are a novice trader to ask me, why forex headache after a long time huh? there is technical analysis, fundamental analysis, no news, no support resistance, there are bullish and bearish other crap. You also ask that? For the master trader, the seniors, just skip this article ...

Technical Analysis (Chart)

Technical analysis is a method of predicting price movements by taking into account the data that is solely market-generated. Using data from a particular market is most common in this type of information analyzed by a technician, even so will also store and carefully observe the volume and open interest in futures contracts.

Basics of technical analysis is often used by traders / brokers / Forex traders:

Trend, the currency price movement by showing a tendency toward movement - up, down, or flat.
• Bullish vs Bearish: Bullish, derived from the word 'Bull' or bulls, showed indications of price movements up to move up or Bearish, derived from the word 'Bear' or a bear, an indication of price movements to move down or down
• Support & Resistance: Support, the price area where it was found that it is difficult to penetrate the market price is lower. Resistance, the price area where it was found that it is difficult to penetrate the market price is higher.

Fundamental Analysis (News / News)

Headline analysis focuses on economic, social, political and war that could spur the existence of a demand and supply. A principal analyst at a variety of Macroeconomic indicators such as the list of goods delivery costs of economic growth, interest rates, inflation, and unemployment.

However, you will need to arrive at an appropriate method such as how best to translate this information into entry and exit points specified in the strategy Forex transactions.

Currency prices reflect the balance of demand and supply for currencies. Two major factors affecting supply and demand are interest rates and overall economic strength. The economic indicators such as GDP, foreign investment, and balance / trade balance reflect the general health of an economy, therefore, responsible for the underlying shifts in supply and demand for that currency.

For Forex traders, the news is all the things that makes a country tick. Of interest rates and central bank policy to natural disasters, the news is a dynamic mixture of separate plans, erratic behaviors and unforeseen events. Therefore, the best way to get the most influential news is to formulate a whole all the "Fundamentals" or any news.