How to analyze the market? You have been taught the basic knowledge about the forex market and then, now is the time to learn how to analyze the market. The next lesson will guide you to the different methods to analyze the market, because this is one of the most important things that you need to know when the transaction. There are three methods to analyze the forex market: technical analysis, fundamental analysis and analysis of market psychology. Technical analysis is technically read graph of past prices to predict the future. This method is based on a theory that markets tend to repeat what it did happen in the past. Graph patterns and trends in the past are used to determine what will happen in the future. Technical analysis can be applied to any pair of money would also like other trading products such as stocks, indices, precious metals, etc. In addition, because of computer logic should technical analysis method allows convert the principles of transactions into a computer program (also known as robots) to each transaction automatically when there is a certain logic conditions of price graphs are satisfied. Recently, this type of trading is becoming a preferred choice of many trader. Today, more and more applied technical analysis trader on his trading strategy. The more the trader's market analysis and action in a direction similar to each other, the more the market tends to go in that direction, as a result. For that reason, you should not ignore technical analysis methods if don't want to fall behind. Basic methods of analysis using the reports and economic news to assess the health of the coins, which identified the potential trends of the market in the future. The important elements of the method of analysis is the ratio of the GDP index, interest rate, inflation, unemployment, etc. These factors act on each coin of every country, which represents that country's economy. When you buy or sell the currency of a country is like you are buying or selling shares of the countries in the world economy. In other words, bet on the economy. If a country's economy, the growth of their currencies also strengthened and vice versa. As you learned in the previous post, two important members of the forex market is the Government and the Central Bank, is also the main source of information of basic methods of analysis. So, what you should do is read the news, watch TV channels on finance, alignment reports and economic news. Fundamental analysis is also the traditional methods used in the stock market. While technical analysis more efficient with the short-term strategy, the fundamental analysis proved to have the advantage over the long term strategy. This is also the typical approach of the serious investors here's your change. Fundamental analysis requires you to have a general view about the global economy. But don't worry, you will be guided to focus on what and how to understand them in a different section.
đang được dịch, vui lòng đợi..