Technical analysis is a method for analyzing historical, recurring graphic price patterns in securities such as shares, currencies, futures, and more. The hypothesis is that a market follows certain patterns that make it possible to predict future price movements and developments.
I have worked full-time with trading for 20 years in the US and Europe and have now written guides to make it easier for new traders to get started. For this reason, I have chosen to create a guide, to teach you everything you may need to know about technical analysis! For the beginner and also advanced traders in other words.
An introduction to technical analysis, a method of tracking chart patterns to discern price and volume trends, evaluate investments, futures and identify trading opportunities.
Technical analysis, or using charts to identify trading signals and price patterns, may seem overwhelming or esoteric at first.
Many traders leverage both fundamental and technical analysis when making investment decisions since technical analysis helps fill in the gaps of knowledge. Developing an understanding of technical analysis, swing traders and investors can improve their long-term risk-adjusted returns, but it’s important for understanding and practice these techniques and candlesticks before committing real capital to avoid costly mistakes. You can find commodities and futures trading to beginning traders as well as advanced trader.
Here you can find a full article about what is technical analysis.