Technical analysis - the process of market analysis that relies only on numerical data on the market - quotes, charts, simple and complex indicators, volume of supply and demand, past market data, etc. The main idea of technical analysis - the postulate of functional dependence of the future market technical data from data obtained previously. Just as with fundamental analysis, technical analysis - is theoretically self-sufficient and you can succeed with just him. In practice, however, usually use both methods of analysis. Recommended books on technical analysis of Forex:
- Technical Analysis
- Long-Term Secrets Short-Term Trading
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