Fundamentals Of Forex Technical Analysis: A Beginners Guide by Jide George
English | September 23, 2024 | ISBN: N/A | ASIN: B0DHV72FY4 | 87 pages | EPUB | 0.83 Mb
English | September 23, 2024 | ISBN: N/A | ASIN: B0DHV72FY4 | 87 pages | EPUB | 0.83 Mb
Are you a newbie trying to improve your forex trading using technical analysis?
Do you want a dependable strategy for evaluating the currency market with charts and indicators?
Tired of trading without understanding market trends?
Are you ready to establish a solid foundation in forex technical analysis to improve decision-making?
If you answered yes to any of these questions, then this book is for you.
This comprehensive guide is intended to teach new traders to the main ideas of forex technical analysis and provide a step-by-step strategy to mastering the fundamentals. The book uses straightforward, simple language to break down technical analysis into practical techniques that any trader may adopt right away.
Inside, you will learn:
Fundamentals of Technical Analysis: Learn what technical analysis is, how it works, and why it is an essential tool for forex traders of all levels.
Reading Price Charts: Learn how to analyze different chart styles, including line, bar, and candlestick charts, to discover market trends and patterns.
Essential Indicators: Learn about major technical indicators such as moving averages, Bollinger Bands, and the Relative Strength Index (RSI) to assess market activity and estimate future price moves.
Support and Resistance Levels: Learn how to spot crucial support and resistance zones, allowing you to make smarter judgments when entering and leaving transactions.
Chart Patterns and Formations: Learn to detect key chart patterns like head and shoulders, triangles, and double tops/bottoms, which indicate probable price reversals or continuations.
Risk Management Techniques: Discover fundamental risk management tactics, such as setting stop-loss and take-profit levels, to reduce losses and increase profits.
Creating a Trading Plan: Learn how to establish and adhere to a structured trading plan based on technical analysis, allowing you to trade with discipline and confidence.
Why Choose Technical Analysis?
Forex technical analysis is a strategic method to understanding market movements by emphasizing price action, volume, and historical data. This strategy allows traders to base their decisions on observable patterns rather than market news or feelings.
Whether you're new to forex or looking to improve your trading skills, learning technical analysis can provide you with the information you need to trade more effectively and successfully.
By the end of "Fundamentals of Forex Technical Analysis: A Beginner's Guide," you'll have a basic understanding of technical analysis tools and tactics for confidently navigating the forex market. Your road to becoming a more knowledgeable trader begins here!
Exclusive Video Access
Gain entry to a video series that enhances your reading experience.
These videos feature:
Session 1: Candlestick basic and introduction
Session 2: The principle behind the bullish candlestick
Session 3: The principle behind the bearish candlestick
Session 4: Engulfing candlestick chart analysis
Session 5: How to trade the doji(indecision candle)
Session 6: Pure price action analysis
Session 7: Support and resistance
Session 8: Advance technical analysis
Session 9: Easy entry strategies for day trader, scalper and swing traders
Session 10: Best exit and take profit strategy
Session 11: Advanced trading strategy for all kinds of traders
Session 12: Volume profile trading strategy
How to Access The Video:
Upon purchasing this book, you will find a unique access link inside. Simply visit the link for exclusive video content. This series is curated to provide you with an enriched understanding of the book themes and topics, offering a multimedia experience like no other.