To achieve success in today's forex, CFD and trading arenas, one must be proficient in reading and more importantly understanding chart patterns and basic technical indicators. In this class, we will learn just a few basic points to help your understanding of technical analysis and chart reading. You should think of your chart as a roadmap to success. The more detail and the better you read the charts the less likely you are to get lost.

Price reflects the perceptions and actions taken by the global speculators. It is the tug of war between buyers and sellers in the trading pit that creates price movement. Meaning that all fundamental factors are quickly discounted in price. By studying the price charts, you are indirectly seeing the fundamental and market psychology all at once - after all, the market is fed by two emotions - Greed and Fear. Once you understand that, then you begin to understand the psychology of the market and how it relates to the chart patterns.

Speakers:

investing.com

Alan Greenwald, Mentor

Alan holds an MBA in Economics from the University of Pennsylvania. has been trading the Commodities and Futures market for over 15 years. Over the years, he’s established a trading strategy that is designed to steadily provide profits. Traders from across the globe are familiar with his expert mentoring and the achievement level of those learners has been extremely great. Mr. Greenwald is able to help newbies or more experienced traders looking to for an expert’s input in their trading strategy.