Intermediate Forex Guide - Reading the charts - Technical Analysis
Suggested Method to read
- Start by reading lesson #1 in Chapter #1
- Do not skip any lessons
- Please take your time to grasp the information - if needed, do not hesitate to re-read any lesson or chapter as many times as you want.
- If you are comfortable reading it offline - click on the "printable" link provided in each lesson. You can then print and read it at your convenience.
- After you have completed each section - take time to complete the test
- In case, you didn't pass the test, please re-read the suggested chapters/lessons provided at the end of the tes.
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| 1 |  | Reading Charts
Charts provide visual representation of the market - and if you can read into it - it also provides the psychological stress points of the market - support(s) and resistance(s) | | | | | 2 | | Charting tools
Easy to understand and simple to use tools that highlight market entries and market exists are already provided in most charting softwares - learn how to use them. | | | | | 3 | | Chart Patterns
Mystic language of charts - in most cases, the answer is obvious to those who can decipher chart patterns. | | | | | 4 | | Indicators and Oscillator
These tools provide you with a probable market trend based on mathematics. Use them ONLY to confirm your analysis. Do not rely on these alone. | | | | | 5 | | Creating your trading system
Simply put: using a small group of charting tools from your arsenal of tools. Put those tools to test using your demo account or do backtesting. | | | |
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