When trading CFDs and Forex you must begin with an understanding of where price is and where it has been as well where it will find support and resistance or when it is over bought or oversold. You cannot do this using news and headlines. You will need to use technical analyses. The science of technical analysis is done using charts and price action on these charts to find significant price levels and to understand the market psychology. This is done using indicators and patterns on your charts. Technical analysis will help you understand the volatility in the markets, will generate buy and sell signals and well as warn you of important changes in the trends of a market. You will need to use technical analysis to determine where to put your stops losses and to apply solid risk and money management tools.
In this webinar, we will help you start building your foundation to using charts and technical analysis to understand price action. This is an important class to start building your own trading strategy.
Start building your foundation to using charts and technical analysis to understand price action.
Understand market psychology by doing chart analysis.
Know about buy and sell signals, develop understanding with important changes in the trends of market.
Intermediate level CFD and Forex traders looking to devise their own strategy for the markets.
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