Basics of Technical Analysis
There are two primary ways to analyze price of financial instruments and make investment decision: technical and fundamental analysis. While fundamental analysis relies solely on external factors, like social political or economic forces to determine the future price movements, technical analysts rely solely on charts and historical price movements to determine future prices.
Technical analysis may look complicated for beginners in the field, but in reality technical analysis studies the very common foundations of markets – supply and demand. In short, technical analysis attempts to determine the logic and patterns behind the price’s trend and rather than taking into consideration external fundamental attributes.
In our basics of technical analysis E-book we have compiled the most basic notions of technical analysis which we believe every traders needs to know. From candlestick charts to support and resistance, we have everything a trader needs to know in order to succeed. 15 pages